IFM Investors Pty Ltd Raises Holdings in Dominion Energy Inc. $D

IFM Investors Pty Ltd raised its stake in Dominion Energy Inc. (NYSE:DFree Report) by 7.5% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 209,231 shares of the utilities provider’s stock after purchasing an additional 14,656 shares during the period. IFM Investors Pty Ltd’s holdings in Dominion Energy were worth $12,935,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also recently made changes to their positions in the company. Motiv8 Investments LLC acquired a new position in Dominion Energy during the 4th quarter worth approximately $25,000. Triumph Capital Management purchased a new stake in Dominion Energy during the 3rd quarter worth about $28,000. Blueline Advisors LLC acquired a new position in shares of Dominion Energy during the 4th quarter worth about $28,000. Costello Asset Management INC increased its holdings in shares of Dominion Energy by 66.7% in the 4th quarter. Costello Asset Management INC now owns 500 shares of the utilities provider’s stock valued at $29,000 after acquiring an additional 200 shares during the last quarter. Finally, Advocate Investing Services LLC acquired a new stake in shares of Dominion Energy during the 4th quarter worth about $29,000. 73.04% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on D shares. Morgan Stanley dropped their price target on shares of Dominion Energy from $69.00 to $68.00 and set an “equal weight” rating on the stock in a research note on Tuesday, April 21st. Bank of America upped their target price on shares of Dominion Energy from $63.00 to $65.00 and gave the company a “neutral” rating in a report on Wednesday, April 15th. Seaport Research Partners downgraded shares of Dominion Energy from a “buy” rating to a “hold” rating in a research report on Wednesday, May 20th. Weiss Ratings raised shares of Dominion Energy from a “buy (b-)” rating to a “buy (b)” rating in a research report on Friday, May 22nd. Finally, Wall Street Zen cut shares of Dominion Energy from a “hold” rating to a “sell” rating in a research note on Saturday, May 16th. Four analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $67.62.

Check Out Our Latest Stock Report on Dominion Energy

Dominion Energy News Summary

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

Dominion Energy Stock Performance

Shares of D opened at $67.77 on Thursday. The stock has a market capitalization of $59.60 billion, a P/E ratio of 20.05 and a beta of 0.65. The company has a debt-to-equity ratio of 1.38, a quick ratio of 0.61 and a current ratio of 0.78. Dominion Energy Inc. has a 1 year low of $55.36 and a 1 year high of $70.17. The company’s fifty day moving average is $65.84 and its two-hundred day moving average is $63.05.

Dominion Energy (NYSE:DGet Free Report) last released its earnings results on Friday, May 1st. The utilities provider reported $0.95 EPS for the quarter, topping the consensus estimate of $0.90 by $0.05. The company had revenue of $5.02 billion during the quarter, compared to analysts’ expectations of $4.43 billion. Dominion Energy had a net margin of 16.93% and a return on equity of 9.63%. The business’s revenue was up 23.1% on a year-over-year basis. During the same quarter last year, the business earned $0.93 EPS. Dominion Energy has set its FY 2026 guidance at 3.450-3.690 EPS. On average, sell-side analysts predict that Dominion Energy Inc. will post 3.59 earnings per share for the current year.

Dominion Energy Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Saturday, June 20th. Investors of record on Friday, May 29th were given a $0.6675 dividend. The ex-dividend date was Friday, May 29th. This represents a $2.67 dividend on an annualized basis and a yield of 3.9%. Dominion Energy’s dividend payout ratio (DPR) is presently 78.99%.

Dominion Energy Company Profile

(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.

Featured Stories

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

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