Nwam LLC purchased a new position in shares of Dominion Energy Inc. (NYSE:D – Free Report) in the 3rd quarter, Holdings Channel.com reports. The institutional investor purchased 13,477 shares of the utilities provider’s stock, valued at approximately $821,000.
Several other institutional investors have also added to or reduced their stakes in D. Patton Fund Management Inc. purchased a new stake in shares of Dominion Energy during the 2nd quarter valued at approximately $235,000. Rockefeller Capital Management L.P. boosted its holdings in shares of Dominion Energy by 6.9% in the second quarter. Rockefeller Capital Management L.P. now owns 186,885 shares of the utilities provider’s stock worth $10,563,000 after acquiring an additional 12,041 shares during the period. Kera Capital Partners Inc. purchased a new position in shares of Dominion Energy in the third quarter valued at $3,574,000. Vanguard Group Inc. raised its stake in shares of Dominion Energy by 16.2% during the 2nd quarter. Vanguard Group Inc. now owns 105,795,310 shares of the utilities provider’s stock valued at $5,979,551,000 after purchasing an additional 14,715,895 shares during the period. Finally, Bryn Mawr Trust Advisors LLC lifted its holdings in Dominion Energy by 19.0% during the 2nd quarter. Bryn Mawr Trust Advisors LLC now owns 104,710 shares of the utilities provider’s stock worth $5,918,000 after purchasing an additional 16,731 shares in the last quarter. 73.04% of the stock is owned by hedge funds and other institutional investors.
Dominion Energy Trading Up 1.3%
NYSE D opened at $61.15 on Friday. The company has a quick ratio of 0.65, a current ratio of 0.84 and a debt-to-equity ratio of 1.41. The stock’s 50-day simple moving average is $59.75 and its two-hundred day simple moving average is $59.76. Dominion Energy Inc. has a twelve month low of $48.07 and a twelve month high of $62.87. The company has a market capitalization of $52.22 billion, a price-to-earnings ratio of 20.80, a PEG ratio of 1.63 and a beta of 0.72.
Dominion Energy Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Saturday, December 20th. Stockholders of record on Friday, December 5th were paid a dividend of $0.6675 per share. This represents a $2.67 dividend on an annualized basis and a dividend yield of 4.4%. The ex-dividend date of this dividend was Friday, December 5th. Dominion Energy’s dividend payout ratio (DPR) is 90.82%.
Dominion Energy News Roundup
Here are the key news stories impacting Dominion Energy this week:
- Positive Sentiment: Federal judge granted Dominion an injunction to restart construction on the Coastal Virginia Offshore Wind (CVOW) project, allowing work to resume while the company continues its legal fight over the Trump administration’s pause. This reduces near-term schedule and execution risk for a material, multi‑year revenue project and should improve investor sentiment around Dominion’s growth pipeline. US judge grants Dominion bid to restart Virginia offshore wind project
- Neutral Sentiment: Multiple outlets note the court decision is a significant legal win for offshore wind nationally, framing the ruling as part of broader industry legal battles with the administration; however the underlying litigation remains active so the longer‑term outcome is unresolved. Crazy week for U.S. offshore wind in federal court as it fights back against administration
- Neutral Sentiment: Operational/local items with limited market impact: Dominion plans a routine test of the Lake Murray Dam siren system next week (public notice item). These sorts of operational tests are standard maintenance activities. Don’t be alarmed that sound you hear is just a test
- Negative Sentiment: The injunction is temporary — the government may appeal and the substantive litigation over the administration’s authority to pause offshore wind continues. That ongoing legal uncertainty leaves the project exposed to future stoppages or additional regulatory conditions that could raise costs or delay revenue. Judge Says Dominion Energy Can Resume Wind Project US Halted
- Negative Sentiment: Local opposition and environmental protests around other projects (e.g., proposed gas plant protests) highlight permitting and community risks that can create delays or incremental costs on new infrastructure. These are more localized but worth monitoring for project pipeline risk. ‘Protect the people’: Climate coalition protests proposed gas power plant in Colleton Co.
Wall Street Analyst Weigh In
D has been the topic of several analyst reports. TD Cowen initiated coverage on Dominion Energy in a research report on Friday, January 9th. They set a “hold” rating and a $65.00 price target on the stock. JPMorgan Chase & Co. lowered their target price on shares of Dominion Energy from $62.00 to $59.00 and set an “underweight” rating on the stock in a research note on Thursday, December 11th. BTIG Research started coverage on shares of Dominion Energy in a research report on Wednesday, October 22nd. They set a “neutral” rating for the company. Morgan Stanley increased their price objective on Dominion Energy from $63.00 to $66.00 and gave the stock an “equal weight” rating in a research report on Wednesday, October 22nd. Finally, Barclays upped their target price on Dominion Energy from $63.00 to $64.00 and gave the stock an “overweight” rating in a research note on Wednesday, December 17th. Two analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $64.78.
View Our Latest Analysis on Dominion Energy
Dominion Energy Company 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.
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