Dominion Energy Inc. $D Shares Bought by Elo Mutual Pension Insurance Co

Elo Mutual Pension Insurance Co grew its holdings in Dominion Energy Inc. (NYSE:D) by 19.2% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 65,634 shares of the utilities provider’s stock after buying an additional 10,589 shares during the quarter. Elo Mutual Pension Insurance Co’s holdings in Dominion Energy were worth $4,015,000 at the end of the most recent quarter.

A number of other institutional investors have also recently modified their holdings of the business. Rockefeller Capital Management L.P. grew its holdings in shares of Dominion Energy by 6.9% during the second quarter. Rockefeller Capital Management L.P. now owns 186,885 shares of the utilities provider’s stock worth $10,563,000 after buying an additional 12,041 shares in the last quarter. Kera Capital Partners Inc. purchased a new position in shares of Dominion Energy during the third quarter valued at approximately $3,574,000. Vanguard Group Inc. boosted its position in Dominion Energy by 16.2% during the second quarter. Vanguard Group Inc. now owns 105,795,310 shares of the utilities provider’s stock worth $5,979,551,000 after acquiring an additional 14,715,895 shares during the last quarter. Bryn Mawr Trust Advisors LLC grew its stake in Dominion Energy by 19.0% in the 2nd quarter. Bryn Mawr Trust Advisors LLC now owns 104,710 shares of the utilities provider’s stock worth $5,918,000 after acquiring an additional 16,731 shares during the period. Finally, Virtus Advisers LLC acquired a new position in Dominion Energy in the 2nd quarter valued at $240,000. 73.04% of the stock is currently owned by hedge funds and other institutional investors.

Dominion Energy Stock Performance

Dominion Energy stock opened at $62.79 on Wednesday. The company has a market cap of $55.18 billion, a price-to-earnings ratio of 18.25, a price-to-earnings-growth ratio of 1.71 and a beta of 0.71. Dominion Energy Inc. has a 12 month low of $48.07 and a 12 month high of $67.57. The company has a debt-to-equity ratio of 1.36, a current ratio of 0.77 and a quick ratio of 0.59. The stock’s 50-day moving average is $61.38 and its 200-day moving average is $60.66.

Dominion Energy (NYSE:D) last issued its earnings results on Monday, February 23rd. The utilities provider reported $0.68 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.67 by $0.01. Dominion Energy had a return on equity of 9.67% and a net margin of 18.05%.The business had revenue of $4.09 billion during the quarter, compared to analysts’ expectations of $3.65 billion. During the same quarter in the previous year, the business earned $0.58 EPS. The company’s revenue for the quarter was up 20.4% on a year-over-year basis. Dominion Energy has set its FY 2026 guidance at 3.450-3.690 EPS. Equities analysts anticipate that Dominion Energy Inc. will post 3.39 earnings per share for the current year.

Dominion Energy Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, March 20th. Stockholders of record on Friday, February 27th will be paid a $0.6675 dividend. This represents a $2.67 dividend on an annualized basis and a dividend yield of 4.3%. The ex-dividend date of this dividend is Friday, February 27th. Dominion Energy’s dividend payout ratio (DPR) is currently 77.62%.

Analyst Ratings Changes

D has been the topic of several analyst reports. Wells Fargo & Company decreased their price objective on Dominion Energy from $67.00 to $64.00 and set an “overweight” rating on the stock in a report on Tuesday, January 20th. JPMorgan Chase & Co. reduced their target price on Dominion Energy from $62.00 to $59.00 and set an “underweight” rating on the stock in a research report on Thursday, December 11th. Weiss Ratings upgraded Dominion Energy from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday, February 9th. Barclays dropped their price objective on shares of Dominion Energy from $64.00 to $63.00 and set an “overweight” rating for the company in a research note on Thursday, January 22nd. Finally, TD Cowen assumed coverage on shares of Dominion Energy in a research report on Friday, January 9th. They issued a “hold” rating and a $65.00 target price on the stock. Three analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $64.73.

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.