Aventail Capital Group LP lowered its holdings in Dominion Energy Inc. (NYSE:D – Free Report) by 17.4% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 75,364 shares of the utilities provider’s stock after selling 15,903 shares during the quarter. Aventail Capital Group LP’s holdings in Dominion Energy were worth $4,416,000 at the end of the most recent reporting period.
Other large investors have also modified their holdings of the company. Motiv8 Investments LLC bought a new stake in shares of Dominion Energy in the 4th quarter valued at about $25,000. Triumph Capital Management purchased a new position in shares of Dominion Energy in the 3rd quarter worth approximately $28,000. Blueline Advisors LLC purchased a new position in shares of Dominion Energy in the 4th quarter worth approximately $28,000. JPL Wealth Management LLC purchased a new position in shares of Dominion Energy in the 3rd quarter worth approximately $30,000. Finally, Costello Asset Management INC grew its position in shares of Dominion Energy by 66.7% in the 4th quarter. Costello Asset Management INC now owns 500 shares of the utilities provider’s stock worth $29,000 after buying an additional 200 shares during the last quarter. Institutional investors own 73.04% of the company’s stock.
Analyst Upgrades and Downgrades
D has been the topic of a number of analyst reports. Morgan Stanley cut their price objective on shares of Dominion Energy from $69.00 to $68.00 and set an “equal weight” rating on the stock in a research report on Tuesday, April 21st. Mizuho lifted their price objective on shares of Dominion Energy from $66.00 to $72.00 and gave the stock a “neutral” rating in a research report on Tuesday, May 26th. Jefferies Financial Group raised shares of Dominion Energy from a “hold” rating to a “buy” rating and lifted their price objective for the stock from $65.00 to $76.00 in a research report on Thursday, May 28th. Barclays lifted their price objective on shares of Dominion Energy from $66.00 to $70.00 and gave the stock an “overweight” rating in a research report on Monday, May 4th. Finally, Seaport Research Partners downgraded shares of Dominion Energy from a “buy” rating to a “hold” rating in a research report on Wednesday, May 20th. Four research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, Dominion Energy currently has a consensus rating of “Hold” and a consensus target price of $67.69.
Dominion Energy Price Performance
Shares of D opened at $68.18 on Thursday. The firm has a market capitalization of $59.96 billion, a PE ratio of 20.17 and a beta of 0.65. The company has a debt-to-equity ratio of 1.38, a current ratio of 0.78 and a quick ratio of 0.61. Dominion Energy Inc. has a 1-year low of $53.59 and a 1-year high of $69.25. The company’s fifty day moving average price is $64.72 and its 200-day moving average price is $62.40.
Dominion Energy (NYSE:D – Get Free Report) last announced its quarterly earnings data on Friday, May 1st. The utilities provider reported $0.95 earnings per share for the quarter, beating analysts’ consensus estimates of $0.90 by $0.05. The firm had revenue of $5.02 billion for the quarter, compared to analyst estimates of $4.43 billion. Dominion Energy had a net margin of 16.93% and a return on equity of 9.63%. The business’s quarterly revenue was up 23.1% compared to the same quarter last year. During the same period in the previous year, the company earned $0.93 earnings per share. Dominion Energy has set its FY 2026 guidance at 3.450-3.690 EPS. On average, equities research analysts predict that Dominion Energy Inc. will post 3.59 EPS for the current year.
Dominion Energy Dividend Announcement
The firm also recently disclosed 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. This represents a $2.67 annualized dividend and a dividend yield of 3.9%. The ex-dividend date of this dividend is Friday, May 29th. Dominion Energy’s dividend payout ratio is 78.99%.
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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