Dominion Energy Inc. $D Shares Purchased by Robbins Farley

Robbins Farley grew its position in shares of Dominion Energy Inc. (NYSE:DFree Report) by 23.6% during the first quarter, HoldingsChannel reports. The institutional investor owned 75,989 shares of the utilities provider’s stock after buying an additional 14,534 shares during the quarter. Dominion Energy comprises about 2.1% of Robbins Farley’s investment portfolio, making the stock its 23rd largest position. Robbins Farley’s holdings in Dominion Energy were worth $4,698,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in D. Vanguard Group Inc. increased its stake in Dominion Energy by 0.9% during the fourth quarter. Vanguard Group Inc. now owns 107,099,758 shares of the utilities provider’s stock valued at $6,274,975,000 after purchasing an additional 940,838 shares during the last quarter. Capital Research Global Investors lifted its position in shares of Dominion Energy by 9.0% in the 4th quarter. Capital Research Global Investors now owns 59,790,734 shares of the utilities provider’s stock worth $3,503,142,000 after buying an additional 4,940,692 shares during the last quarter. State Street Corp lifted its position in shares of Dominion Energy by 3.6% in the 4th quarter. State Street Corp now owns 48,620,273 shares of the utilities provider’s stock worth $2,848,662,000 after buying an additional 1,686,050 shares during the last quarter. Wellington Management Group LLP boosted its holdings in shares of Dominion Energy by 46.2% in the 4th quarter. Wellington Management Group LLP now owns 44,943,727 shares of the utilities provider’s stock valued at $2,633,253,000 after buying an additional 14,197,581 shares during the period. Finally, Geode Capital Management LLC grew its position in shares of Dominion Energy by 1.6% during the 4th quarter. Geode Capital Management LLC now owns 20,442,935 shares of the utilities provider’s stock valued at $1,196,056,000 after buying an additional 314,932 shares during the last quarter. Institutional investors and hedge funds own 73.04% of the company’s stock.

Dominion Energy Stock Down 0.7%

D stock opened at $67.94 on Tuesday. The stock has a market cap of $59.75 billion, a PE ratio of 20.10 and a beta of 0.65. The firm’s 50-day simple moving average is $65.01 and its 200 day simple moving average is $62.55. Dominion Energy Inc. has a fifty-two week low of $54.25 and a fifty-two week high of $69.28. 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:DGet Free Report) last posted its earnings results on Friday, May 1st. The utilities provider reported $0.95 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.90 by $0.05. Dominion Energy had a net margin of 16.93% and a return on equity of 9.63%. The firm had revenue of $5.02 billion during the quarter, compared to analyst estimates of $4.43 billion. During the same period in the previous year, the business posted $0.93 EPS. Dominion Energy’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, sell-side analysts predict that Dominion Energy Inc. will post 3.59 EPS for the current year.

Dominion Energy Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Saturday, June 20th. Stockholders of record on Friday, May 29th were given a dividend of $0.6675 per share. The ex-dividend date was Friday, May 29th. This represents a $2.67 annualized dividend and a dividend yield of 3.9%. Dominion Energy’s payout ratio is currently 78.99%.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on the stock. Seaport Research Partners lowered shares of Dominion Energy from a “buy” rating to a “hold” rating in a research note on Wednesday, May 20th. Royal Bank Of Canada upped their target price on Dominion Energy from $66.00 to $72.00 and gave the company a “sector perform” rating in a report on Tuesday, May 19th. Morgan Stanley dropped their price target on Dominion Energy from $69.00 to $68.00 and set an “equal weight” rating on the stock in a research report on Tuesday, April 21st. Jefferies Financial Group raised Dominion Energy from a “hold” rating to a “buy” rating and raised their price target for the stock from $65.00 to $76.00 in a report on Thursday, May 28th. Finally, Weiss Ratings upgraded Dominion Energy from a “buy (b-)” rating to a “buy (b)” rating in a research report on Friday, May 22nd. Four research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company has an average rating of “Hold” and an average price target of $67.69.

Read Our Latest Analysis on D

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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