Dominion Energy Inc. $D Holdings Decreased by Oak Grove Capital LLC

Oak Grove Capital LLC trimmed its holdings in shares of Dominion Energy Inc. (NYSE:D) by 16.2% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 225,200 shares of the utilities provider’s stock after selling 43,500 shares during the period. Dominion Energy makes up about 2.0% of Oak Grove Capital LLC’s holdings, making the stock its 16th biggest position. Oak Grove Capital LLC’s holdings in Dominion Energy were worth $13,775,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in D. Vanguard Group Inc. increased its holdings in shares of Dominion Energy by 16.2% during the 2nd quarter. Vanguard Group Inc. now owns 105,795,310 shares of the utilities provider’s stock valued at $5,979,551,000 after acquiring an additional 14,715,895 shares during the last quarter. Norges Bank bought a new stake in Dominion Energy during the second quarter worth approximately $566,924,000. Mizuho Markets Americas LLC boosted its position in Dominion Energy by 139.3% during the third quarter. Mizuho Markets Americas LLC now owns 867,500 shares of the utilities provider’s stock worth $53,065,000 after purchasing an additional 3,073,835 shares during the period. ANTIPODES PARTNERS Ltd grew its holdings in Dominion Energy by 84,502.3% during the third quarter. ANTIPODES PARTNERS Ltd now owns 1,735,194 shares of the utilities provider’s stock valued at $106,150,000 after purchasing an additional 1,733,143 shares during the last quarter. Finally, State Street Corp raised its position in shares of Dominion Energy by 2.9% in the second quarter. State Street Corp now owns 46,341,408 shares of the utilities provider’s stock valued at $2,619,216,000 after purchasing an additional 1,313,621 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 a number of research analyst reports. Wells Fargo & Company lowered their target price on shares of Dominion Energy from $67.00 to $64.00 and set an “overweight” rating on the stock in a research note on Tuesday, January 20th. BMO Capital Markets dropped their price objective on Dominion Energy from $67.00 to $65.00 and set a “market perform” rating on the stock in a research note on Monday, November 3rd. JPMorgan Chase & Co. cut their price target on Dominion Energy from $62.00 to $59.00 and set an “underweight” rating for the company in a report on Thursday, December 11th. Barclays dropped their price objective on shares of Dominion Energy from $64.00 to $63.00 and set an “overweight” rating on the stock in a report on Thursday, January 22nd. Finally, Mizuho lifted their price objective on Dominion Energy from $62.00 to $66.00 and gave the stock a “neutral” rating in a report on Tuesday, February 24th. Three investment analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $64.73.

Dominion Energy Trading Down 0.1%

Shares of Dominion Energy stock opened at $63.08 on Tuesday. The firm’s 50-day moving average price is $61.29 and its two-hundred day moving average price is $60.65. The company has a market capitalization of $55.44 billion, a price-to-earnings ratio of 18.34, a PEG ratio of 1.71 and a beta of 0.71. The company has a quick ratio of 0.59, a current ratio of 0.77 and a debt-to-equity ratio of 1.36. Dominion Energy Inc. has a 12-month low of $48.07 and a 12-month high of $67.57.

Dominion Energy (NYSE:D) last released its earnings results on Monday, February 23rd. The utilities provider reported $0.68 earnings per share for the quarter, topping the consensus estimate of $0.67 by $0.01. The firm had revenue of $4.09 billion during the quarter, compared to analysts’ expectations of $3.65 billion. Dominion Energy had a return on equity of 9.67% and a net margin of 18.05%.The company’s quarterly revenue was up 20.4% on a year-over-year basis. During the same period in the prior year, the company earned $0.58 earnings per share. Dominion Energy has set its FY 2026 guidance at 3.450-3.690 EPS. On average, analysts forecast that Dominion Energy Inc. will post 3.39 earnings per share for the current fiscal year.

Dominion Energy Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, March 20th. Stockholders of record on Friday, February 27th will be issued a dividend of $0.6675 per share. The ex-dividend date is Friday, February 27th. This represents a $2.67 annualized dividend and a dividend yield of 4.2%. Dominion Energy’s dividend payout ratio is 77.62%.

Dominion Energy Company Profile

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.