Dickmeyer Boyce Financial Management Inc. Invests $553,000 in Dominion Energy Inc. $D

Dickmeyer Boyce Financial Management Inc. acquired a new stake in Dominion Energy Inc. (NYSE:D) in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 8,946 shares of the utilities provider’s stock, valued at approximately $553,000.

Several other hedge funds have also recently added to or reduced their stakes in D. Capital Analysts LLC grew its holdings in Dominion Energy by 2.4% during the fourth quarter. Capital Analysts LLC now owns 6,651 shares of the utilities provider’s stock valued at $390,000 after purchasing an additional 157 shares during the period. Navalign LLC lifted its stake in Dominion Energy by 1.2% in the first quarter. Navalign LLC now owns 14,229 shares of the utilities provider’s stock valued at $880,000 after buying an additional 162 shares in the last quarter. Conning Inc. boosted its holdings in shares of Dominion Energy by 0.5% in the fourth quarter. Conning Inc. now owns 33,217 shares of the utilities provider’s stock valued at $1,946,000 after buying an additional 176 shares during the period. Castle Rock Wealth Management LLC boosted its holdings in shares of Dominion Energy by 2.6% in the fourth quarter. Castle Rock Wealth Management LLC now owns 6,885 shares of the utilities provider’s stock valued at $422,000 after buying an additional 177 shares during the period. Finally, Mather Group LLC. raised its holdings in shares of Dominion Energy by 3.4% during the fourth quarter. Mather Group LLC. now owns 5,400 shares of the utilities provider’s stock worth $316,000 after acquiring an additional 178 shares during the period. Institutional investors and hedge funds own 73.04% of the company’s stock.

Analyst Ratings Changes

D has been the topic of several research reports. Weiss Ratings raised shares of Dominion Energy from a “buy (b-)” rating to a “buy (b)” rating in a research report on Friday, May 22nd. Mizuho boosted their price target on Dominion Energy from $66.00 to $72.00 and gave the company a “neutral” rating in a report on Tuesday, May 26th. Seaport Research Partners cut Dominion Energy from a “buy” rating to a “hold” rating in a research report on Wednesday, May 20th. Wall Street Zen downgraded Dominion Energy from a “hold” rating to a “sell” rating in a report on Saturday, May 16th. Finally, Jefferies Financial Group upgraded Dominion Energy from a “hold” rating to a “buy” rating and boosted their target price for the company from $65.00 to $76.00 in a research note on Thursday, May 28th. Four analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, Dominion Energy currently has an average rating of “Hold” and a consensus price target of $68.00.

Dominion Energy Stock Up 0.5%

Shares of D stock opened at $71.44 on Friday. The firm’s fifty day moving average price is $68.39 and its two-hundred day moving average price is $64.33. The company has a current ratio of 0.78, a quick ratio of 0.61 and a debt-to-equity ratio of 1.38. Dominion Energy Inc. has a 1 year low of $55.85 and a 1 year high of $72.99. The firm has a market capitalization of $62.83 billion, a P/E ratio of 21.14 and a beta of 0.65.

Dominion Energy (NYSE:D) last announced its quarterly earnings data on Friday, May 1st. The utilities provider reported $0.95 earnings per share for the quarter, beating the consensus estimate of $0.90 by $0.05. The company had revenue of $5.02 billion during the quarter, compared to analysts’ expectations of $4.43 billion. Dominion Energy had a return on equity of 9.63% and a net margin of 16.93%.Dominion Energy’s revenue for the quarter was up 23.1% compared to the same quarter last year. During the same quarter last year, the company earned $0.93 EPS. Dominion Energy has set its FY 2026 guidance at 3.450-3.690 EPS. On average, equities analysts predict that Dominion Energy Inc. will post 3.58 EPS for the current fiscal year.

Dominion Energy Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Saturday, June 20th. Shareholders of record on Friday, May 29th were paid a $0.6675 dividend. This represents a $2.67 dividend on an annualized basis and a yield of 3.7%. The ex-dividend date was Friday, May 29th. Dominion Energy’s dividend payout ratio (DPR) is currently 78.99%.

Dominion Energy News Summary

Here are the key news stories impacting Dominion Energy this week:

• Positive Sentiment: Dominion’s upcoming second-quarter earnings report is drawing positive attention, with analysts expecting single-digit bottom-line growth and investors watching for confirmation that recent operating trends remain intact.
• Positive Sentiment: BMO Capital Markets raised its price target on Dominion Energy to $70 from $64, signaling improved sentiment around the stock even though the firm kept a market-perform rating.
• Positive Sentiment: Dominion Energy reported record-high demand on its power grid, which can reinforce the case for strong utility load growth and stable revenue momentum. Article: Dominion Energy reports record high demand on power grid
• Neutral Sentiment: The company is working with local officials in Hampton and Graniteville to prepare for strong storms, flooding, and possible outages, which highlights operational readiness but is not a clear earnings driver.
• Neutral Sentiment: Virginia regulators rejected an attempt to pause Dominion’s Loudoun County power line project, reducing one procedural risk but leaving the broader transmission controversy unresolved. Article: Virginia regulators reject last-minute bid to pause Dominion power lines through Loudoun neighborhood
• Negative Sentiment: Dominion continues to face pushback over proposed transmission lines in northern Virginia, and the company dropped one proposed route for the project, underscoring political and permitting risk that could weigh on sentiment. Article: Dominion Energy faces pushback in northern Virginia over proposed transmission lines
• Negative Sentiment: A Virginia nonprofit also said a proposed Dominion Energy merger lacks critical details, adding another source of uncertainty around strategic execution.

About Dominion Energy

Dominion Energy, Inc, headquartered in Richmond, Virginia, is a diversified energy company that primarily operates regulated electricity and natural gas utilities and develops energy infrastructure. The company’s core activities include the generation, transmission and distribution of electricity to residential, commercial and industrial customers, as well as the purchase, storage and delivery of natural gas. Dominion combines traditional utility operations with energy infrastructure businesses to provide essential services across its service territories.

Dominion’s electricity portfolio spans multiple technologies and fuel sources, including nuclear, natural gas-fired generation and renewable resources such as utility-scale solar and wind.