Dominion Energy Inc. $D Shares Acquired by Courier Capital LLC

Courier Capital LLC grew its holdings in Dominion Energy Inc. (NYSE:D) by 65.3% in the 3rd quarter, according to the company in its most recent filing with the SEC. The firm owned 43,002 shares of the utilities provider’s stock after buying an additional 16,980 shares during the quarter. Courier Capital LLC’s holdings in Dominion Energy were worth $2,603,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in the business. Frazier Financial Advisors LLC purchased a new position in shares of Dominion Energy during the second quarter valued at approximately $31,000. Beacon Financial Strategies CORP lifted its stake in Dominion Energy by 269.2% in the second quarter. Beacon Financial Strategies CORP now owns 480 shares of the utilities provider’s stock worth $33,000 after acquiring an additional 350 shares during the period. OP Asset Management Ltd bought a new stake in Dominion Energy in the first quarter valued at $34,000. Arlington Trust Co LLC boosted its holdings in Dominion Energy by 47.1% in the second quarter. Arlington Trust Co LLC now owns 500 shares of the utilities provider’s stock valued at $34,000 after acquiring an additional 160 shares in the last quarter. Finally, Burnham & Co LLC bought a new stake in Dominion Energy in the second quarter valued at $34,000. 73.04% of the stock is currently owned by institutional investors.

Dominion Energy Stock Down 0.1%

NYSE D traded down $0.07 during trading hours on Tuesday, reaching $62.38. 3,732,590 shares of the company’s stock traded hands, compared to its average volume of 5,540,995. Dominion Energy Inc. has a 52-week low of $55.85 and a 52-week high of $72.99. The company has a debt-to-equity ratio of 1.43, a current ratio of 0.81 and a quick ratio of 0.64. The firm has a 50-day simple moving average of $64.74 and a 200 day simple moving average of $65.78. The firm has a market cap of $54.87 billion, a PE ratio of 21.74, a PEG ratio of 2.86 and a beta of 0.64.

Dominion Energy (NYSE:D) last announced its earnings results on Friday, July 31st. The utilities provider reported $0.79 earnings per share for the quarter, beating analysts’ consensus estimates of $0.68 by $0.11. Dominion Energy had a net margin of 13.98% and a return on equity of 9.62%. The business had revenue of $4.48 billion during the quarter, compared to the consensus estimate of $4.04 billion. During the same quarter last year, the firm earned $0.75 earnings per share. The business’s revenue for the quarter was up 17.6% on a year-over-year basis. Dominion Energy has set its FY 2026 guidance at 3.450-3.690 EPS. Sell-side analysts anticipate that Dominion Energy Inc. will post 3.59 EPS for the current fiscal year.

Dominion Energy Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Sunday, September 20th. Stockholders of record on Friday, September 4th were paid a $0.6675 dividend. This represents a $2.67 dividend on an annualized basis and a dividend yield of 4.3%. The ex-dividend date of this dividend was Friday, September 4th. Dominion Energy’s dividend payout ratio is currently 93.03%.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on the stock. BMO Capital Markets raised their target price on shares of Dominion Energy from $64.00 to $70.00 and gave the stock a “market perform” rating in a research report on Wednesday, July 22nd. Evercore raised their price objective on shares of Dominion Energy from $67.00 to $70.00 in a report on Thursday, October 8th. Weiss Ratings cut Dominion Energy from a “buy (b)” rating to a “buy (b-)” rating in a research report on Thursday. Barclays cut their price objective on Dominion Energy from $70.00 to $69.00 and set an “overweight” rating on the stock in a research report on Tuesday, June 23rd. Finally, Truist Financial decreased their target price on Dominion Energy from $66.00 to $62.00 and set a “hold” rating for the company in a research report on Monday. One research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, nine have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, Dominion Energy presently has a consensus rating of “Hold” and a consensus price target of $69.87.

Key Headlines Impacting Dominion Energy

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

• Positive Sentiment: Dominion Energy is expanding its EnergyShare assistance program in South Carolina and plans to provide $3 million to help customers pay energy bills. The initiative may strengthen the company’s community relations and support its public case during regulatory review. Dominion Energy Expands EnergyShare Program
• Neutral Sentiment: Recent coverage noted that Dominion Energy shares gained in the prior session even as the broader market declined, indicating some relative strength. However, the report provided limited new company-specific information to change the investment outlook. Dominion Energy Rises As Market Takes a Dip
• Negative Sentiment: Regulators and the public continued examining Dominion’s proposed merger with NextEra Energy, with hearings focused on potential effects on customer rates, data-center demand, and local communities. Public opposition and ongoing regulatory scrutiny increase the risk of delays, conditions, or an unfavorable outcome. Dominion-NextEra Merger Hearing Focused on Rates and Data Centers
• Negative Sentiment: Truist Financial lowered its Dominion Energy price target from $66 to $62 and maintained a “hold” rating, signaling limited near-term upside and a more cautious view of the shares. Truist Lowers Dominion Energy Price Target
• Negative Sentiment: Access to a memorandum in the Dominion merger review was limited, adding to uncertainty around the regulatory process and making it harder for investors to assess potential risks and conditions. Commission Limits Access to Memo in Dominion Merger Review

Dominion Energy Company Profile

Dominion Energy, Inc is an energy company headquartered in Richmond, Virginia. Through its regulated utility operations, the company generates, transmits and distributes electricity and provides natural gas service to residential, commercial and industrial customers.

Dominion Energy’s primary electric utility operations serve customers in Virginia and northeastern North Carolina. The company also operates Dominion Energy South Carolina, which provides electric and natural gas services in South Carolina.