Kanawha Capital Management LLC boosted its stake in shares of Dominion Energy Inc. (NYSE:D – Free Report) by 4.8% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 223,682 shares of the utilities provider’s stock after purchasing an additional 10,275 shares during the period. Kanawha Capital Management LLC’s holdings in Dominion Energy were worth $13,106,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds also recently bought and sold shares of D. Triumph Capital Management purchased a new position in Dominion Energy during the third quarter valued at $28,000. United Community Bank bought a new stake in Dominion Energy during the third quarter valued at about $29,000. JPL Wealth Management LLC bought a new stake in Dominion Energy during the third quarter valued at about $30,000. Hanson & Doremus Investment Management bought a new stake in Dominion Energy during the third quarter valued at about $31,000. Finally, iSAM Funds UK Ltd bought a new stake in Dominion Energy during the third quarter valued at about $37,000. 73.04% of the stock is currently owned by hedge funds and other institutional investors.
Dominion Energy Trading Down 0.2%
Shares of D stock opened at $60.95 on Thursday. Dominion Energy Inc. has a 12-month low of $52.53 and a 12-month high of $67.57. The company has a current ratio of 0.77, a quick ratio of 0.59 and a debt-to-equity ratio of 1.36. The stock’s 50-day moving average price is $62.88 and its 200-day moving average price is $61.18. The stock has a market capitalization of $53.57 billion, a price-to-earnings ratio of 17.72, a price-to-earnings-growth ratio of 3.21 and a beta of 0.67.
Dominion Energy Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Friday, March 20th. Stockholders of record on Friday, February 27th were issued a $0.6675 dividend. This represents a $2.67 annualized dividend and a dividend yield of 4.4%. The ex-dividend date of this dividend was Friday, February 27th. Dominion Energy’s payout ratio is 77.62%.
Dominion Energy News Roundup
Here are the key news stories impacting Dominion Energy this week:
- Positive Sentiment: Seeking Alpha highlights D as a “discounted utility” with a premium yield and a clear growth runway from a $64.7B capital plan through 2030 focused on grid and gas infrastructure — supports long‑term rate‑base growth and dividend stability. Dominion Energy: A Discounted Utility With A Premium Yield
- Positive Sentiment: Analyst commentary from Zacks/Yahoo notes Dominion’s strong earnings‑surprise history and argues the firm has the setup to beat again — an earnings beat would likely lift the stock. Will Dominion Energy (D) Beat Estimates Again in Its Next Earnings Report?
- Positive Sentiment: EdgeCore’s $1.5B financing for hyperscale data centers in Northern Virginia underscores stronger AI/data‑center demand in Dominion’s territory — boosts power demand and potential rate filings/earnings over time. EdgeCore Digital Infrastructure Secures $1.5 Billion of Construction Financing for Two Fully Leased Hyperscale Data Centers in Northern Virginia
- Neutral Sentiment: Truist initiated coverage with a “hold” rating and $67 target (roughly mid‑single‑digit upside from current levels) — signals steady outlook but not a buy trigger. Truist Securities initiates coverage of Dominion Energy (D) with hold recommendation
- Neutral Sentiment: Morgan Stanley trimmed its price target modestly from $69 to $68 and keeps an “equal weight” rating — a mild analyst downgrade in optimism but not a large change in stance. Benzinga
- Negative Sentiment: Market commentary notes D shares have dipped with the broader market today, reflecting investor caution ahead of earnings and rate‑case sensitivity. Dominion Energy (D) Dips More Than Broader Market: What You Should Know
- Negative Sentiment: Pre‑earnings notes (Barchart/MSN) flag analysts expect a single‑digit decline in Q1 EPS — sets a lower bar and increases downside risk if results or guidance miss. What You Need To Know Ahead of Dominion Energy’s Earnings Release
Analyst Upgrades and Downgrades
A number of equities research analysts have commented on the company. Bank of America raised their price target on Dominion Energy from $63.00 to $65.00 and gave the company a “neutral” rating in a report on Wednesday, April 15th. Scotiabank raised their price target on Dominion Energy from $63.00 to $67.00 and gave the company a “sector perform” rating in a report on Monday, March 2nd. Wells Fargo & Company decreased their price target on Dominion Energy from $67.00 to $64.00 and set an “overweight” rating on the stock in a report on Tuesday, January 20th. Jefferies Financial Group raised their price target on Dominion Energy from $60.00 to $65.00 and gave the company a “hold” rating in a report on Friday, April 10th. Finally, TD Cowen started coverage on Dominion Energy in a report on Friday, January 9th. They set a “hold” rating and a $65.00 price target on the stock. Three research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $65.69.
About Dominion Energy
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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