Capital Innovations LLC Buys New Holdings in Dominion Energy Inc. $D

Capital Innovations LLC bought a new stake in shares of Dominion Energy Inc. (NYSE:D) during the 4th quarter, Holdings Channel.com reports. The institutional investor bought 61,605 shares of the utilities provider’s stock, valued at approximately $3,609,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Triumph Capital Management bought a new stake in Dominion Energy during the 3rd quarter valued at approximately $28,000. Blueline Advisors LLC bought a new stake in Dominion Energy during the 4th quarter valued at approximately $28,000. United Community Bank bought a new stake in Dominion Energy during the 3rd quarter valued at approximately $29,000. Costello Asset Management INC raised its stake in Dominion Energy by 66.7% during the 4th quarter. Costello Asset Management INC now owns 500 shares of the utilities provider’s stock valued at $29,000 after purchasing an additional 200 shares during the period. Finally, JPL Wealth Management LLC bought a new stake in Dominion Energy during the 3rd quarter valued at approximately $30,000. Institutional investors own 73.04% of the company’s stock.

Wall Street Analysts Forecast Growth

D has been the topic of several recent analyst reports. Morgan Stanley decreased their target price on Dominion Energy from $69.00 to $68.00 and set an “equal weight” rating on the stock in a research note on Tuesday, April 21st. Seaport Research Partners downgraded Dominion Energy from a “buy” rating to a “hold” rating in a research note on Wednesday, May 20th. Wells Fargo & Company raised their price target on Dominion Energy from $66.00 to $68.00 and gave the company an “overweight” rating in a report on Friday, May 15th. Mizuho lifted their price objective on Dominion Energy from $66.00 to $72.00 and gave the stock a “neutral” rating in a research note on Tuesday, May 26th. Finally, Royal Bank Of Canada increased their target price on Dominion Energy from $66.00 to $72.00 and gave the company a “sector perform” rating in a research report on Tuesday, May 19th. Four equities research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $67.69.

Dominion Energy Price Performance

Dominion Energy stock opened at $66.39 on Wednesday. The company has a market cap of $58.39 billion, a price-to-earnings ratio of 19.64 and a beta of 0.65. The firm’s fifty day moving average is $63.35 and its 200 day moving average is $61.93. The company has a quick ratio of 0.61, a current ratio of 0.78 and a debt-to-equity ratio of 1.38. Dominion Energy Inc. has a 52-week low of $53.36 and a 52-week high of $68.97.

Dominion Energy (NYSE:D) last released its quarterly earnings results on Friday, May 1st. The utilities provider reported $0.95 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.90 by $0.05. The company had revenue of $5.02 billion for the quarter, compared to the consensus estimate of $4.43 billion. Dominion Energy had a net margin of 16.93% and a return on equity of 9.63%. Dominion Energy’s revenue was up 23.1% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.93 earnings per share. Dominion Energy has set its FY 2026 guidance at 3.450-3.690 EPS. Sell-side analysts forecast that Dominion Energy Inc. will post 3.59 EPS for the current fiscal year.

Dominion Energy Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Saturday, June 20th. Stockholders of record on Friday, May 29th will be issued a $0.6675 dividend. The ex-dividend date is Friday, May 29th. This represents a $2.67 dividend on an annualized basis and a dividend yield of 4.0%. Dominion Energy’s payout ratio 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.