Dominion Energy Inc. $D Position Boosted by Northstar Advisory Group LLC

Northstar Advisory Group LLC raised its holdings in shares of Dominion Energy Inc. (NYSE:DFree Report) by 570.4% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 37,254 shares of the utilities provider’s stock after acquiring an additional 31,697 shares during the period. Northstar Advisory Group LLC’s holdings in Dominion Energy were worth $2,279,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. CoreFirst Bank & Trust acquired a new position in shares of Dominion Energy during the second quarter valued at $25,000. Westside Investment Management Inc. grew its position in Dominion Energy by 123.3% in the 2nd quarter. Westside Investment Management Inc. now owns 469 shares of the utilities provider’s stock valued at $27,000 after buying an additional 259 shares in the last quarter. Hanson & Doremus Investment Management acquired a new position in Dominion Energy during the 3rd quarter valued at about $31,000. Twin Peaks Wealth Advisors LLC bought a new stake in shares of Dominion Energy during the 2nd quarter worth about $32,000. Finally, Capital A Wealth Management LLC lifted its stake in shares of Dominion Energy by 5,038.5% in the 2nd quarter. Capital A Wealth Management LLC now owns 668 shares of the utilities provider’s stock worth $38,000 after acquiring an additional 655 shares during the period. Institutional investors and hedge funds own 73.04% of the company’s stock.

Dominion Energy Price Performance

NYSE D opened at $60.22 on Tuesday. The company has a current ratio of 0.84, a quick ratio of 0.65 and a debt-to-equity ratio of 1.41. Dominion Energy Inc. has a 1 year low of $48.07 and a 1 year high of $62.87. The company has a market cap of $51.43 billion, a PE ratio of 20.48, a PEG ratio of 1.61 and a beta of 0.72. The stock’s 50-day moving average price is $59.68 and its two-hundred day moving average price is $59.94.

Dominion Energy (NYSE:DGet Free Report) last released its earnings results on Friday, October 31st. The utilities provider reported $1.06 earnings per share for the quarter, topping the consensus estimate of $1.02 by $0.04. Dominion Energy had a net margin of 16.17% and a return on equity of 9.60%. The business had revenue of $4.53 billion for the quarter, compared to the consensus estimate of $4.71 billion. During the same period last year, the firm posted $0.98 earnings per share. The firm’s quarterly revenue was up 14.9% compared to the same quarter last year. Dominion Energy has set its FY 2025 guidance at 3.330-3.480 EPS. On average, analysts predict that Dominion Energy Inc. will post 3.39 EPS for the current year.

Dominion Energy Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, March 20th. Shareholders of record on Friday, February 27th will be paid a dividend of $0.6675 per share. This represents a $2.67 annualized dividend and a yield of 4.4%. The ex-dividend date of this dividend is Friday, February 27th. Dominion Energy’s payout ratio is 90.82%.

Trending Headlines about Dominion Energy

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Analysts Set New Price Targets

Several brokerages recently commented on D. Barclays dropped their target price on Dominion Energy from $64.00 to $63.00 and set an “overweight” rating on the stock in a report on Thursday, January 22nd. Morgan Stanley lifted their target price on Dominion Energy from $63.00 to $66.00 and gave the stock an “equal weight” rating in a report on Wednesday, October 22nd. BMO Capital Markets cut their price target on shares of Dominion Energy from $67.00 to $65.00 and set a “market perform” rating for the company in a report on Monday, November 3rd. Wells Fargo & Company reduced their price objective 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, Evercore ISI began coverage on shares of Dominion Energy in a report on Tuesday, October 7th. They issued an “in-line” rating and a $67.00 target price on the stock. Two research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $64.33.

Read Our Latest Report on Dominion Energy

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.

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

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