Houlihan Financial Resource Group Ltd. Purchases Shares of 8,636 Dominion Energy Inc. $D

Houlihan Financial Resource Group Ltd. purchased a new stake in shares of Dominion Energy Inc. (NYSE:D) during the 4th quarter, HoldingsChannel.com reports. The institutional investor purchased 8,636 shares of the utilities provider’s stock, valued at approximately $508,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in D. Capital Research Global Investors grew its holdings in Dominion Energy by 22.4% during the third quarter. Capital Research Global Investors now owns 54,850,042 shares of the utilities provider’s stock valued at $3,355,175,000 after purchasing an additional 10,049,691 shares during the last quarter. ANTIPODES PARTNERS Ltd grew its holdings in Dominion Energy by 84,502.3% during the third quarter. ANTIPODES PARTNERS Ltd now owns 1,735,194 shares of the utilities provider’s stock valued at $106,150,000 after purchasing an additional 1,733,143 shares during the last quarter. Wellington Management Group LLP grew its holdings in Dominion Energy by 4.4% during the third quarter. Wellington Management Group LLP now owns 30,746,146 shares of the utilities provider’s stock valued at $1,880,742,000 after purchasing an additional 1,298,881 shares during the last quarter. Invesco Ltd. grew its holdings in Dominion Energy by 10.8% during the third quarter. Invesco Ltd. now owns 11,545,003 shares of the utilities provider’s stock valued at $706,208,000 after purchasing an additional 1,129,130 shares during the last quarter. Finally, Munich Reinsurance Co Stock Corp in Munich acquired a new position in Dominion Energy during the third quarter valued at approximately $65,230,000. Institutional investors and hedge funds own 73.04% of the company’s stock.

Analyst Ratings Changes

Several research firms have recently weighed in on D. Truist Financial began coverage on Dominion Energy in a research report on Tuesday, April 21st. They issued a “hold” rating and a $67.00 price objective for the company. Wall Street Zen cut Dominion Energy from a “hold” rating to a “sell” rating in a research report on Saturday, May 16th. Mizuho increased their price objective on Dominion Energy from $66.00 to $72.00 and gave the company a “neutral” rating in a research report on Tuesday. Scotiabank increased their price objective on Dominion Energy from $63.00 to $67.00 and gave the company a “sector perform” rating in a research report on Monday, March 2nd. Finally, Weiss Ratings raised Dominion Energy from a “buy (b-)” rating to a “buy (b)” rating in a research report on Friday, May 22nd. Four equities research 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. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $67.77.

Dominion Energy Stock Up 0.5%

D opened at $67.53 on Friday. Dominion Energy Inc. has a 1-year low of $53.36 and a 1-year high of $68.97. The company has a current ratio of 0.78, a quick ratio of 0.61 and a debt-to-equity ratio of 1.38. The stock has a market capitalization of $59.39 billion, a price-to-earnings ratio of 19.98 and a beta of 0.65. The business has a 50 day moving average of $63.19 and a 200-day moving average of $61.86.

Dominion Energy (NYSE:D) last issued its earnings results on Friday, May 1st. The utilities provider reported $0.95 EPS for the quarter, topping the consensus estimate of $0.90 by $0.05. The firm had revenue of $5.02 billion during the quarter, compared to analysts’ expectations of $4.43 billion. Dominion Energy had a return on equity of 9.63% and a net margin of 16.93%.Dominion Energy’s quarterly revenue was up 23.1% compared to the same quarter last year. During the same period last year, the business earned $0.93 earnings per share. Dominion Energy has set its FY 2026 guidance at 3.450-3.690 EPS. As a group, sell-side 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 will be paid on Saturday, June 20th. Investors of record on Friday, May 29th will be given a $0.6675 dividend. This represents a $2.67 annualized dividend and a yield of 4.0%. The ex-dividend date of this dividend is Friday, May 29th. Dominion Energy’s dividend payout ratio (DPR) is 78.99%.

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.