Global Retirement Partners LLC Increases Stock Position in Dominion Energy Inc. $D

Global Retirement Partners LLC raised its position in shares of Dominion Energy Inc. (NYSE:D) by 80.4% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 25,571 shares of the utilities provider’s stock after purchasing an additional 11,400 shares during the period. Global Retirement Partners LLC’s holdings in Dominion Energy were worth $1,498,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. Conning Inc. lifted its position in Dominion Energy by 0.5% during the fourth quarter. Conning Inc. now owns 33,217 shares of the utilities provider’s stock valued at $1,946,000 after buying an additional 176 shares during the period. Castle Rock Wealth Management LLC lifted its position in Dominion Energy by 2.6% during the fourth quarter. Castle Rock Wealth Management LLC now owns 6,885 shares of the utilities provider’s stock valued at $422,000 after buying an additional 177 shares during the period. Mather Group LLC. lifted its position in Dominion Energy by 3.4% during the fourth quarter. Mather Group LLC. now owns 5,400 shares of the utilities provider’s stock valued at $316,000 after buying an additional 178 shares during the period. Howard Capital Management Inc. lifted its position in Dominion Energy by 3.3% during the third quarter. Howard Capital Management Inc. now owns 5,659 shares of the utilities provider’s stock valued at $346,000 after buying an additional 180 shares during the period. Finally, Redwood Investment Management LLC lifted its position in Dominion Energy by 0.6% during the second quarter. Redwood Investment Management LLC now owns 31,778 shares of the utilities provider’s stock valued at $1,796,000 after buying an additional 183 shares during the period. Hedge funds and other institutional investors own 73.04% of the company’s stock.

Key Dominion Energy News

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

• Positive Sentiment: Dominion has been gaining momentum recently, with recent share-price strength reflecting improved investor sentiment and a broader rally in utilities, which were among the best-performing areas of the market this week. S&P 500 Posts Eighth Consecutive Weekly Gain Led by Health Care, Utilities
• Positive Sentiment: News coverage around Dominion’s all-stock merger agreement with NextEra Energy continues to support the stock, as investors evaluate the deal as a potentially transformative utility combination with long-term earnings growth potential. Dominion Energy to Merge With NextEra, Form Utility Behemoth
• Neutral Sentiment: Analyst and valuation-focused coverage suggests investors are also weighing whether Dominion’s recent run-up has already priced in much of the upside from the merger and the company’s improved outlook. Assessing Dominion Energy (D) Valuation After Recent Share Price Momentum
• Neutral Sentiment: Operational updates, such as crews responding to a downed tree and outage in Norfolk, appear routine and are unlikely to materially affect the stock on their own. Dominion Energy crews respond to downed tree, power outage on Meads Avenue in Norfolk
• Negative Sentiment: Some local and regulatory commentary around the proposed NextEra–Dominion transaction highlights caution over ratepayer impacts and distributed-energy concerns, which could create friction for the deal if scrutiny intensifies. The Commonwealth of Virginia Is Right to Proceed with Caution on the Proposed NextEra–Dominion Merger

Analyst Ratings Changes

Several equities analysts have commented on the company. Bank of America raised their price objective on Dominion Energy from $63.00 to $65.00 and gave the company a “neutral” rating in a research report on Wednesday, April 15th. Royal Bank Of Canada raised their price objective on Dominion Energy from $66.00 to $72.00 and gave the company a “sector perform” rating in a research report on Tuesday, May 19th. Truist Financial assumed coverage on Dominion Energy in a research report on Tuesday, April 21st. They set a “hold” rating and a $67.00 price objective for the company. Barclays raised their price objective on Dominion Energy from $66.00 to $70.00 and gave the company an “overweight” rating in a research report on Monday, May 4th. Finally, Weiss Ratings upgraded Dominion Energy from a “buy (b-)” rating to a “buy (b)” rating in a report on Friday. Three 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 presently has an average rating of “Hold” and a consensus price target of $66.46.

Dominion Energy Price Performance

Shares of NYSE:D opened at $67.77 on Monday. Dominion Energy Inc. has a 1-year low of $53.36 and a 1-year high of $68.97. The company has a debt-to-equity ratio of 1.38, a current ratio of 0.78 and a quick ratio of 0.61. The business has a fifty day moving average price of $62.84 and a 200-day moving average price of $61.66. The company has a market capitalization of $59.60 billion, a PE ratio of 20.05, a PEG ratio of 3.56 and a beta of 0.65.

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

Dominion Energy Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Saturday, June 20th. Stockholders of record on Friday, May 29th will be issued a dividend of $0.6675 per share. The ex-dividend date is Friday, May 29th. This represents a $2.67 annualized dividend and a dividend yield of 3.9%. Dominion Energy’s dividend payout ratio (DPR) 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.