Dominion Energy Inc. $D Shares Acquired by TrueMark Investments LLC

TrueMark Investments LLC lifted its position in shares of Dominion Energy Inc. (NYSE:DFree Report) by 7.7% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 132,757 shares of the utilities provider’s stock after acquiring an additional 9,471 shares during the quarter. Dominion Energy accounts for approximately 1.5% of TrueMark Investments LLC’s investment portfolio, making the stock its 26th biggest holding. TrueMark Investments LLC’s holdings in Dominion Energy were worth $7,778,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of D. CoreFirst Bank & Trust acquired a new stake in Dominion Energy in the second quarter valued at approximately $25,000. Triumph Capital Management purchased a new stake in shares of Dominion Energy in the third quarter valued at approximately $28,000. United Community Bank acquired a new position in shares of Dominion Energy during the 3rd quarter worth approximately $29,000. JPL Wealth Management LLC purchased a new position in shares of Dominion Energy during the 3rd quarter valued at approximately $30,000. Finally, Hanson & Doremus Investment Management purchased a new position in shares of Dominion Energy during the 3rd quarter valued at approximately $31,000. Hedge funds and other institutional investors own 73.04% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts recently commented on the stock. Mizuho boosted their price target on shares of Dominion Energy from $62.00 to $66.00 and gave the stock a “neutral” rating in a report on Tuesday, February 24th. Barclays decreased 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. TD Cowen assumed coverage on shares of Dominion Energy in a research note on Friday, January 9th. They set a “hold” rating and a $65.00 target price for the company. Wells Fargo & Company reduced their price target on shares of Dominion Energy from $67.00 to $64.00 and set an “overweight” rating for the company in a research report on Tuesday, January 20th. Finally, Weiss Ratings raised shares of Dominion Energy from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday, February 9th. Three investment analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $65.20.

Get Our Latest Stock Analysis on Dominion Energy

Dominion Energy Stock Up 0.0%

NYSE D opened at $60.89 on Monday. The business has a fifty day moving average price of $62.46 and a 200 day moving average price of $60.92. Dominion Energy Inc. has a one year low of $48.07 and a one year high of $67.57. The company has a debt-to-equity ratio of 1.36, a quick ratio of 0.59 and a current ratio of 0.77. The company has a market cap of $53.52 billion, a P/E ratio of 17.70, a P/E/G ratio of 1.65 and a beta of 0.71.

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

Dominion Energy Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, March 20th. Investors of record on Friday, February 27th were given a dividend of $0.6675 per share. The ex-dividend date was Friday, February 27th. This represents a $2.67 dividend on an annualized basis and a yield of 4.4%. Dominion Energy’s payout ratio is presently 77.62%.

About Dominion Energy

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for Dominion Energy (NYSE:D)

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