12,735 Shares in Dominion Energy Inc. $D Acquired by Csenge Advisory Group

Csenge Advisory Group bought a new position in Dominion Energy Inc. (NYSE:D) in the 2nd quarter, HoldingsChannel.com reports. The fund bought 12,735 shares of the utilities provider’s stock, valued at approximately $870,000.

Several other large investors have also recently made changes to their positions in the business. Tocqueville Asset Management L.P. bought a new stake in shares of Dominion Energy in the 2nd quarter worth approximately $27,856,000. one8zero8 LLC bought a new position in shares of Dominion Energy during the 2nd quarter valued at $311,000. Kentucky Farm Bureau Mutual Insurance Co bought a new position in shares of Dominion Energy during the 2nd quarter valued at $2,331,000. Addison Advisors LLC purchased a new position in Dominion Energy in the 2nd quarter worth $56,000. Finally, NewEdge Wealth LLC purchased a new position in Dominion Energy in the 2nd quarter worth $5,404,000. 73.04% of the stock is owned by hedge funds and other institutional investors.

Dominion Energy Trading Down 0.4%

Shares of D opened at $68.36 on Thursday. The stock has a market capitalization of $60.12 billion, a P/E ratio of 23.82 and a beta of 0.65. Dominion Energy Inc. has a twelve month low of $55.85 and a twelve month high of $72.99. The company has a quick ratio of 0.64, a current ratio of 0.81 and a debt-to-equity ratio of 1.43. The firm has a fifty day simple moving average of $69.23 and a two-hundred day simple moving average of $65.56.

Dominion Energy (NYSE:D) last released its quarterly earnings data on Friday, July 31st. The utilities provider reported $0.79 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.68 by $0.11. The firm had revenue of $4.48 billion for the quarter, compared to analysts’ expectations of $4.04 billion. Dominion Energy had a net margin of 13.98% and a return on equity of 9.62%. The company’s revenue for the quarter was up 17.6% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.75 earnings per share. Dominion Energy has set its FY 2026 guidance at 3.450-3.690 EPS. On average, research analysts anticipate that Dominion Energy Inc. will post 3.57 EPS for the current year.

Dominion Energy Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Sunday, September 20th. Investors of record on Friday, September 4th will be issued a dividend of $0.6675 per share. This represents a $2.67 dividend on an annualized basis and a yield of 3.9%. The ex-dividend date is Friday, September 4th. Dominion Energy’s payout ratio is currently 93.03%.

Analyst Ratings Changes

Several research firms have issued reports on D. TD Cowen upgraded shares of Dominion Energy from a “hold” rating to a “buy” rating and upped their price target for the company from $69.00 to $80.00 in a research report on Wednesday. BMO Capital Markets lifted their price objective on Dominion Energy from $64.00 to $70.00 and gave the stock a “market perform” rating in a report on Wednesday, July 22nd. Jefferies Financial Group raised Dominion Energy from a “hold” rating to a “buy” rating and boosted their target price for the company from $65.00 to $76.00 in a research note on Thursday, May 28th. Barclays dropped their target price on Dominion Energy from $70.00 to $69.00 and set an “overweight” rating for the company in a report on Tuesday, June 23rd. Finally, Wells Fargo & Company raised their price target on Dominion Energy from $66.00 to $68.00 and gave the stock an “overweight” rating in a research report on Friday, May 15th. Five equities research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $69.93.

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.