71,482 Shares in Dominion Energy Inc. $D Acquired by WCG Wealth Advisors LLC

WCG Wealth Advisors LLC bought a new position in shares of Dominion Energy Inc. (NYSE:D) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 71,482 shares of the utilities provider’s stock, valued at approximately $4,188,000.

Other large investors also recently added to or reduced their stakes in the company. Triumph Capital Management bought a new stake in shares of Dominion Energy during the 3rd quarter valued at about $28,000. Blueline Advisors LLC bought a new position in shares of Dominion Energy in the fourth quarter worth approximately $28,000. JPL Wealth Management LLC purchased a new stake in Dominion Energy in the third quarter valued at approximately $30,000. 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 purchasing an additional 200 shares in the last quarter. Finally, Cornerstone Planning Group LLC lifted 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 valued at $31,000 after purchasing an additional 508 shares during the last quarter. Institutional investors own 73.04% of the company’s stock.

Dominion Energy Trading Up 1.6%

Shares of D stock opened at $66.48 on Friday. 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 50-day moving average of $63.73 and a 200 day moving average of $62.04. The stock has a market capitalization of $58.47 billion, a PE ratio of 19.67 and a beta of 0.65. Dominion Energy Inc. has a 1-year low of $53.36 and a 1-year high of $68.97.

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

Dominion Energy Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Saturday, June 20th. Investors of record on Friday, May 29th will be paid a $0.6675 dividend. The ex-dividend date is Friday, May 29th. This represents a $2.67 dividend on an annualized basis and a yield of 4.0%. Dominion Energy’s payout ratio is presently 78.99%.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on D shares. Truist Financial cut their price target on shares of Dominion Energy from $67.00 to $66.00 and set a “hold” rating for the company in a research note on Friday, May 29th. Seaport Research Partners downgraded shares of Dominion Energy from a “buy” rating to a “hold” rating in a report on Wednesday, May 20th. Bank of America upped their target price 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. Scotiabank increased their target price on Dominion Energy from $63.00 to $67.00 and gave the company a “sector perform” rating in a research note on Monday, March 2nd. Finally, Wall Street Zen downgraded Dominion Energy from a “hold” rating to a “sell” rating in a research report 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 company’s stock. According to MarketBeat, the company currently has an average rating of “Hold” and an average price target of $67.69.

Dominion Energy 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.