John G Ullman & Associates Inc. Grows Stock Position in Dominion Energy Inc. $D

John G Ullman & Associates Inc. raised its holdings in Dominion Energy Inc. (NYSE:D) by 7.2% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 193,488 shares of the utilities provider’s stock after buying an additional 13,000 shares during the quarter. Dominion Energy comprises 1.5% of John G Ullman & Associates Inc.’s holdings, making the stock its 16th largest position. John G Ullman & Associates Inc.’s holdings in Dominion Energy were worth $11,336,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Triumph Capital Management purchased a new stake in Dominion Energy in the third quarter valued at about $28,000. United Community Bank purchased a new stake in Dominion Energy in the third quarter valued at about $29,000. Costello Asset Management INC raised its stake in Dominion Energy by 66.7% in the fourth quarter. Costello Asset Management INC now owns 500 shares of the utilities provider’s stock valued at $29,000 after buying an additional 200 shares during the last quarter. JPL Wealth Management LLC purchased a new stake in Dominion Energy in the third quarter valued at about $30,000. Finally, Cornerstone Planning Group LLC raised its stake in Dominion Energy by 5,080.0% in the fourth quarter. Cornerstone Planning Group LLC now owns 518 shares of the utilities provider’s stock valued at $31,000 after buying an additional 508 shares during the last quarter. 73.04% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

D has been the subject of a number of research analyst reports. Wells Fargo & Company increased their price target on Dominion Energy from $66.00 to $68.00 and gave the company an “overweight” rating in a research note on Friday. Jefferies Financial Group raised their price objective on Dominion Energy from $60.00 to $65.00 and gave the stock a “hold” rating in a research note on Friday, April 10th. Truist Financial began coverage on Dominion Energy in a research note on Tuesday, April 21st. They issued a “hold” rating and a $67.00 price objective for the company. Weiss Ratings restated a “buy (b-)” rating on shares of Dominion Energy in a research note on Friday, May 8th. Finally, Mizuho raised their price objective on Dominion Energy from $62.00 to $66.00 and gave the stock a “neutral” rating in a research note on Tuesday, February 24th. Three investment analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $66.31.

Dominion Energy Stock Performance

Shares of D stock opened at $61.83 on Friday. The stock has a market cap of $54.37 billion, a PE ratio of 18.29, a price-to-earnings-growth ratio of 3.25 and a beta of 0.65. The business has a 50-day simple moving average of $62.34 and a 200-day simple moving average of $61.35. The company has a quick ratio of 0.61, a current ratio of 0.78 and a debt-to-equity ratio of 1.38. Dominion Energy Inc. has a 52-week low of $53.36 and a 52-week high of $67.57.

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

Dominion Energy Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Saturday, June 20th. Investors of record on Friday, May 29th will be issued 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 is Friday, May 29th. Dominion Energy’s dividend payout ratio (DPR) is 78.99%.

Dominion Energy Company Profile

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.