Dominion Energy Inc. $D Shares Bought by TrueMark Investments LLC

TrueMark Investments LLC boosted its stake in shares of Dominion Energy Inc. (NYSE:D) by 6.3% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 141,130 shares of the utilities provider’s stock after purchasing an additional 8,373 shares during the period. Dominion Energy makes up about 1.7% of TrueMark Investments LLC’s portfolio, making the stock its 22nd biggest position. TrueMark Investments LLC’s holdings in Dominion Energy were worth $8,725,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also bought and sold shares of the stock. Motiv8 Investments LLC purchased a new stake in shares of Dominion Energy during the fourth quarter valued at $25,000. Triumph Capital Management purchased a new position in Dominion Energy in the 3rd quarter worth $28,000. Blueline Advisors LLC purchased a new position in Dominion Energy in the 4th quarter worth $28,000. Costello Asset Management INC lifted its position in Dominion Energy by 66.7% during the 4th quarter. Costello Asset Management INC now owns 500 shares of the utilities provider’s stock worth $29,000 after acquiring an additional 200 shares during the period. Finally, Advocate Investing Services LLC acquired a new stake in Dominion Energy during the 4th quarter worth about $29,000. Institutional investors and hedge funds own 73.04% of the company’s stock.

Dominion Energy Stock Performance

Shares of D stock opened at $69.28 on Thursday. The stock has a market cap of $60.92 billion, a PE ratio of 20.50 and a beta of 0.65. The business has a 50-day simple moving average of $65.22 and a 200-day simple moving average of $62.68. 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 Inc. has a 52-week low of $54.79 and a 52-week high of $69.43.

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

Dominion Energy Announces Dividend

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

Analyst Upgrades and Downgrades

D has been the topic of a number of research reports. Mizuho increased their price objective on Dominion Energy from $66.00 to $72.00 and gave the company a “neutral” rating in a report on Tuesday, May 26th. Seaport Research Partners lowered Dominion Energy from a “buy” rating to a “hold” rating in a research report on Wednesday, May 20th. Wall Street Zen downgraded shares of Dominion Energy from a “hold” rating to a “sell” rating in a report on Saturday, May 16th. Jefferies Financial Group raised shares of 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 research report on Thursday, May 28th. Finally, Wells Fargo & Company lifted their price objective on shares of Dominion Energy from $66.00 to $68.00 and gave the company an “overweight” rating in a research note on Friday, May 15th. Four equities research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, Dominion Energy presently has a consensus rating of “Hold” and an average price target of $67.62.

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.