Dominion Energy Inc. $D Stake Lessened by Northstar Advisory Group LLC

Northstar Advisory Group LLC lessened its stake in shares of Dominion Energy Inc. (NYSE:D) by 88.5% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 4,267 shares of the utilities provider’s stock after selling 32,987 shares during the quarter. Northstar Advisory Group LLC’s holdings in Dominion Energy were worth $250,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in D. CoreFirst Bank & Trust bought a new position in Dominion Energy during the 2nd quarter valued at $25,000. Triumph Capital Management acquired a new stake in shares of Dominion Energy in the third quarter valued at $28,000. United Community Bank acquired a new stake in shares of Dominion Energy in the third quarter valued at $29,000. JPL Wealth Management LLC bought a new position in Dominion Energy during the third quarter valued at about $30,000. Finally, Hanson & Doremus Investment Management acquired a new position in Dominion Energy during the third quarter worth about $31,000. 73.04% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several brokerages have commented on D. Weiss Ratings upgraded shares of Dominion Energy from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Monday, February 9th. TD Cowen began coverage on shares of Dominion Energy in a report on Friday, January 9th. They issued a “hold” rating and a $65.00 target price on the stock. Mizuho raised their target price 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. Scotiabank lifted their price target on shares of Dominion Energy from $63.00 to $67.00 and gave the stock a “sector perform” rating in a research report on Monday, March 2nd. Finally, Barclays dropped their price target on Dominion Energy from $64.00 to $63.00 and set an “overweight” rating on the stock in a report on Thursday, January 22nd. Three investment analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $65.20.

Dominion Energy Price Performance

D stock opened at $61.89 on Tuesday. The company has a current ratio of 0.77, a quick ratio of 0.59 and a debt-to-equity ratio of 1.36. Dominion Energy Inc. has a one year low of $48.07 and a one year high of $67.57. The firm has a market capitalization of $54.40 billion, a PE ratio of 17.99, a P/E/G ratio of 1.65 and a beta of 0.71. The firm has a 50-day moving average of $62.48 and a two-hundred day moving average of $60.93.

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. Dominion Energy had a net margin of 18.05% and a return on equity of 9.67%. The business had revenue of $4.09 billion for the quarter, compared to the consensus estimate of $3.65 billion. During the same period last year, the firm posted $0.58 earnings per share. The firm’s quarterly revenue was up 20.4% compared to the same quarter last year. 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 year.

Dominion Energy Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, March 20th. Shareholders of record on Friday, February 27th were paid a dividend of $0.6675 per share. This represents a $2.67 annualized dividend and a yield of 4.3%. The ex-dividend date of this dividend was Friday, February 27th. Dominion Energy’s payout ratio is 77.62%.

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.