Dominion Energy Inc. $D Shares Acquired by Beese Fulmer Investment Management Inc.

Beese Fulmer Investment Management Inc. increased its position in Dominion Energy Inc. (NYSE:D) by 39.9% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 46,458 shares of the utilities provider’s stock after acquiring an additional 13,253 shares during the period. Beese Fulmer Investment Management Inc.’s holdings in Dominion Energy were worth $2,722,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of D. Triumph Capital Management acquired a new position in shares of Dominion Energy in the third quarter valued at approximately $28,000. United Community Bank acquired a new position in Dominion Energy during the third quarter worth approximately $29,000. Costello Asset Management INC increased its position in Dominion Energy by 66.7% during the fourth quarter. Costello Asset Management INC now owns 500 shares of the utilities provider’s stock worth $29,000 after purchasing an additional 200 shares during the last quarter. JPL Wealth Management LLC acquired a new position in Dominion Energy during the third quarter worth approximately $30,000. Finally, Cornerstone Planning Group LLC increased its position in Dominion Energy by 5,080.0% during the fourth quarter. Cornerstone Planning Group LLC now owns 518 shares of the utilities provider’s stock worth $31,000 after purchasing an additional 508 shares during the last quarter. Institutional investors and hedge funds own 73.04% of the company’s stock.

Analyst Upgrades and Downgrades

D has been the subject of several research analyst reports. Barclays upped their price target on shares of Dominion Energy from $66.00 to $70.00 and gave the stock an “overweight” rating in a research report on Monday, May 4th. Wall Street Zen lowered shares of Dominion Energy from a “hold” rating to a “sell” rating in a research report on Saturday. Bank of America upped their price target 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. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Dominion Energy in a research report on Friday, May 8th. Finally, Mizuho upped their price target on shares of Dominion Energy from $62.00 to $66.00 and gave the stock a “neutral” rating in a research report on Tuesday, February 24th. Three investment analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, Dominion Energy has an average rating of “Hold” and an average target price of $66.31.

Dominion Energy Price Performance

Dominion Energy stock opened at $61.83 on Friday. Dominion Energy Inc. has a 52-week low of $53.36 and a 52-week high of $67.57. The firm has a fifty day moving average of $62.34 and a 200-day moving average of $61.35. The firm has a market capitalization of $54.37 billion, a P/E ratio of 18.29, a PEG ratio of 3.25 and a beta of 0.65. 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 (NYSE:D) last released its quarterly earnings data on Friday, May 1st. The utilities provider reported $0.95 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.90 by $0.05. Dominion Energy had a net margin of 16.93% and a return on equity of 9.63%. The company had revenue of $5.02 billion during the quarter, compared to analyst estimates of $4.43 billion. During the same quarter in the prior year, the business earned $0.93 earnings per share. The business’s quarterly revenue was up 23.1% compared to the same quarter last year. Dominion Energy has set its FY 2026 guidance at 3.450-3.690 EPS. As a group, analysts predict that Dominion Energy Inc. will post 3.59 EPS for the current year.

Dominion Energy Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Saturday, June 20th. Stockholders of record on Friday, May 29th will be given a $0.6675 dividend. The ex-dividend date of this dividend is Friday, May 29th. This represents a $2.67 annualized dividend and a dividend yield of 4.3%. Dominion Energy’s dividend payout ratio is presently 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.