14,337 Shares of Dominion Energy Inc. $D Purchased by NBT Bank N.A.

NBT Bank N.A. purchased a new stake in shares of Dominion Energy Inc. (NYSE:D – Free Report) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 14,337 shares of the utilities provider’s stock, valued at approximately $868,000.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the business. Root Financial Partners LLC purchased a new stake in Dominion Energy during the third quarter valued at approximately $90,000. Cantor Fitzgerald Investment Advisors L.P. boosted its stake in shares of Dominion Energy by 1.2% during the 3rd quarter. Cantor Fitzgerald Investment Advisors L.P. now owns 29,024 shares of the utilities provider’s stock worth $1,757,000 after acquiring an additional 355 shares during the last quarter. City State Bank boosted its stake in shares of Dominion Energy by 15.3% during the 3rd quarter. City State Bank now owns 2,082 shares of the utilities provider’s stock worth $126,000 after acquiring an additional 276 shares during the last quarter. Quadrant Capital Group LLC boosted its stake in shares of Dominion Energy by 1.7% during the 3rd quarter. Quadrant Capital Group LLC now owns 33,891 shares of the utilities provider’s stock worth $2,111,000 after acquiring an additional 562 shares during the last quarter. Finally, Physician Wealth Advisors Inc. grew its position in shares of Dominion Energy by 6.4% during the 3rd quarter. Physician Wealth Advisors Inc. now owns 4,048 shares of the utilities provider’s stock valued at $245,000 after acquiring an additional 244 shares during the period. Hedge funds and other institutional investors own 73.04% of the company’s stock.

Dominion Energy Price Performance

NYSE D opened at $65.25 on Friday. The company has a current ratio of 0.81, a quick ratio of 0.64 and a debt-to-equity ratio of 1.43. Dominion Energy Inc. has a 12 month low of $55.85 and a 12 month high of $72.99. The stock has a market cap of $57.39 billion, a price-to-earnings ratio of 22.73, a PEG ratio of 3.04 and a beta of 0.64. The company’s 50 day moving average is $64.02 and its two-hundred day moving average is $65.84.

Dominion Energy (NYSE:D – Get Free Report) last posted its quarterly earnings results on Friday, July 31st. The utilities provider reported $0.79 earnings per share for the quarter, topping analysts’ consensus estimates of $0.68 by $0.11. The business had revenue of $4.48 billion during the quarter, compared to analyst estimates 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 was up 17.6% on a year-over-year basis. During the same period in the prior year, the business posted $0.75 earnings per share. Dominion Energy has set its FY 2026 guidance at 3.450-3.690 EPS. As a group, research 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 announced a quarterly dividend, which was paid on Sunday, September 20th. Investors of record on Friday, September 4th were paid a dividend of $0.6675 per share. The ex-dividend date was Friday, September 4th. This represents a $2.67 dividend on an annualized basis and a dividend yield of 4.1%. Dominion Energy’s payout ratio is 93.03%.

Analysts Set New Price Targets

Several equities research analysts have recently commented on D shares. TD Cowen upgraded Dominion Energy from a “hold” rating to a “buy” rating and upped their price objective for the stock from $69.00 to $80.00 in a research note on Wednesday, August 19th. Weiss Ratings downgraded Dominion Energy from a “buy (b)” rating to a “buy (b-)” rating in a research report on Thursday, October 8th. Jefferies Financial Group lowered their target price on Dominion Energy from $79.00 to $71.00 and set a “buy” rating on the stock in a research report on Monday, September 21st. Wells Fargo & Company raised Dominion Energy to a “strong-buy” rating in a report on Thursday, September 24th. Finally, UBS Group set a $80.00 price target on Dominion Energy in a research report on Wednesday, August 19th. One research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Dominion Energy presently has a consensus rating of “Hold” and an average price target of $69.27.

View Our Latest Report on Dominion Energy

Key Headlines Impacting Dominion Energy

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Dominion Energy Company Profile

(Free Report)

Dominion Energy, Inc is a regulated energy company headquartered in Richmond, Virginia. Through its utility operations, the company generates, transmits and distributes electricity and provides natural gas distribution services to residential, commercial, industrial and governmental customers, primarily in Virginia and South Carolina.

The company operates a diversified power-generation portfolio that includes nuclear, natural gas, renewable energy and other resources. Its activities also include electricity transmission infrastructure, renewable energy development and natural gas utility operations.

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Institutional Ownership by Quarter for Dominion Energy (NYSE:D)

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