Dominion Energy Inc. $D Shares Purchased by Wealthfront Advisers LLC

Wealthfront Advisers LLC boosted its stake in Dominion Energy Inc. (NYSE:D) by 3.3% in the first quarter, Holdings Channel.com reports. The fund owned 242,620 shares of the utilities provider’s stock after buying an additional 7,655 shares during the quarter. Wealthfront Advisers LLC’s holdings in Dominion Energy were worth $14,999,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently bought and sold shares of D. Vanguard Group Inc. grew its holdings in shares of Dominion Energy by 0.9% during the fourth quarter. Vanguard Group Inc. now owns 107,099,758 shares of the utilities provider’s stock worth $6,274,975,000 after purchasing an additional 940,838 shares during the last quarter. Capital Research Global Investors lifted its holdings in shares of Dominion Energy by 9.0% in the 4th quarter. Capital Research Global Investors now owns 59,790,734 shares of the utilities provider’s stock valued at $3,503,142,000 after purchasing an additional 4,940,692 shares during the last quarter. State Street Corp boosted its position in shares of Dominion Energy by 3.6% in the 4th quarter. State Street Corp now owns 48,620,273 shares of the utilities provider’s stock valued at $2,848,662,000 after purchasing an additional 1,686,050 shares during the period. Wellington Management Group LLP grew its stake in Dominion Energy by 46.2% during the 4th quarter. Wellington Management Group LLP now owns 44,943,727 shares of the utilities provider’s stock worth $2,633,253,000 after buying an additional 14,197,581 shares during the last quarter. Finally, Geode Capital Management LLC grew its stake in Dominion Energy by 1.6% during the 4th quarter. Geode Capital Management LLC now owns 20,442,935 shares of the utilities provider’s stock worth $1,196,056,000 after buying an additional 314,932 shares during the last quarter. Institutional investors and hedge funds own 73.04% of the company’s stock.

Dominion Energy Stock Performance

Shares of D stock opened at $71.64 on Friday. The stock’s 50-day moving average price is $67.58 and its 200 day moving average price is $63.92. The company has a quick ratio of 0.61, a current ratio of 0.78 and a debt-to-equity ratio of 1.38. The stock has a market capitalization of $63.00 billion, a PE ratio of 21.19 and a beta of 0.65. Dominion Energy Inc. has a 52-week low of $55.85 and a 52-week high of $71.84.

Dominion Energy (NYSE:D) last posted its quarterly earnings data on Friday, May 1st. The utilities provider reported $0.95 earnings per share for the quarter, topping analysts’ consensus estimates of $0.90 by $0.05. Dominion Energy had a return on equity of 9.63% and a net margin of 16.93%.The company had revenue of $5.02 billion during the quarter, compared to analysts’ expectations of $4.43 billion. During the same period last year, the firm earned $0.93 EPS. The firm’s revenue for the quarter was up 23.1% on a year-over-year basis. Dominion Energy has set its FY 2026 guidance at 3.450-3.690 EPS. As a group, equities research analysts forecast that Dominion Energy Inc. will post 3.59 EPS for the current year.

Dominion Energy Dividend Announcement

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

Analyst Ratings Changes

Several research analysts have commented on the company. Morgan Stanley cut their price target on Dominion Energy from $69.00 to $68.00 and set an “equal weight” rating on the stock in a research report on Tuesday, April 21st. Bank of America raised their target price on shares of Dominion Energy from $63.00 to $65.00 and gave the stock a “neutral” rating in a research report on Wednesday, April 15th. Wells Fargo & Company lifted their target price on shares of Dominion Energy from $66.00 to $68.00 and gave the company an “overweight” rating in a report on Friday, May 15th. Jefferies Financial Group upgraded shares of Dominion Energy from a “hold” rating to a “buy” rating and upped their price target for the company from $65.00 to $76.00 in a research report on Thursday, May 28th. Finally, Weiss Ratings upgraded shares of Dominion Energy from a “buy (b-)” rating to a “buy (b)” rating in a research note on Friday, May 22nd. 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. Based on data from MarketBeat.com, Dominion Energy currently has an average rating of “Hold” and a consensus price target of $67.62.

Dominion Energy News Roundup

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

• Positive Sentiment: Dominion and NextEra filed merger applications, advancing a deal that could create the world’s largest regulated electric utility and improve Dominion’s long-term growth profile. Article Title
• Positive Sentiment: The companies pledged $2.25 billion in bill credits and said merger costs would not be passed to customers, which could help regulatory approval prospects. Article Title
• Neutral Sentiment: State and federal regulators in Virginia, North Carolina, South Carolina and Washington will now review the proposal, and the process could take time before any closing in the second half of 2027. Article Title
• Negative Sentiment: The merger still faces scrutiny from lawmakers, regulators and local stakeholders, who are questioning costs, customer impacts and infrastructure issues tied to Dominion’s large transmission projects. Article Title

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.