Kestra Advisory Services LLC Raises Stock Position in Dominion Energy Inc. $D

Kestra Advisory Services LLC increased its position in shares of Dominion Energy Inc. (NYSE:D) by 15.6% in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 141,088 shares of the utilities provider’s stock after acquiring an additional 18,998 shares during the quarter. Kestra Advisory Services LLC’s holdings in Dominion Energy were worth $8,722,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. CWA Asset Management Group LLC grew its stake in shares of Dominion Energy by 192.1% during the fourth quarter. CWA Asset Management Group LLC now owns 37,068 shares of the utilities provider’s stock worth $2,172,000 after acquiring an additional 24,376 shares during the last quarter. North Dakota State Investment Board purchased a new position in shares of Dominion Energy in the 4th quarter valued at approximately $1,715,000. Exchange Traded Concepts LLC raised its position in shares of Dominion Energy by 16.2% in the 4th quarter. Exchange Traded Concepts LLC now owns 302,366 shares of the utilities provider’s stock valued at $17,716,000 after purchasing an additional 42,094 shares during the last quarter. CIBC Bancorp USA Inc. acquired a new stake in Dominion Energy in the 3rd quarter worth approximately $7,201,000. Finally, Swiss Life Asset Management Ltd boosted its stake in Dominion Energy by 6.6% in the 3rd quarter. Swiss Life Asset Management Ltd now owns 728,790 shares of the utilities provider’s stock worth $44,580,000 after purchasing an additional 45,237 shares in the last quarter. Hedge funds and other institutional investors own 73.04% of the company’s stock.

Dominion Energy Stock Performance

Shares of NYSE D opened at $70.75 on Tuesday. The company has a 50 day simple moving average of $67.02 and a two-hundred day simple moving average of $63.65. The stock has a market cap of $62.22 billion, a price-to-earnings ratio of 20.93 and a beta of 0.65. The company has a current ratio of 0.78, a quick ratio of 0.61 and a debt-to-equity ratio of 1.38. Dominion Energy Inc. has a 12 month low of $55.85 and a 12 month high of $70.99.

Dominion Energy (NYSE:D) last issued its earnings results on Friday, May 1st. The utilities provider reported $0.95 earnings per share (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 net margin of 16.93% and a return on equity of 9.63%. The firm’s revenue was up 23.1% compared to the same quarter last year. During the same quarter last year, the company posted $0.93 earnings per share. Dominion Energy has set its FY 2026 guidance at 3.450-3.690 EPS. As a group, analysts predict that Dominion Energy Inc. will post 3.59 earnings per share for the current year.

Dominion Energy Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Saturday, June 20th. Shareholders of record on Friday, May 29th were paid a dividend of $0.6675 per share. The ex-dividend date was Friday, May 29th. This represents a $2.67 dividend on an annualized basis and a dividend yield of 3.8%. Dominion Energy’s dividend payout ratio (DPR) is presently 78.99%.

Analyst Ratings Changes

A number of research analysts have issued reports on D shares. Wells Fargo & Company upped their price target on shares of Dominion Energy from $66.00 to $68.00 and gave the company an “overweight” rating in a research note on Friday, May 15th. Barclays lowered their price objective on shares of Dominion Energy from $70.00 to $69.00 and set an “overweight” rating for the company in a research note on Tuesday, June 23rd. Weiss Ratings raised shares of Dominion Energy from a “buy (b-)” rating to a “buy (b)” rating in a report on Friday, May 22nd. Seaport Research Partners downgraded Dominion Energy from a “buy” rating to a “hold” rating in a research report on Wednesday, May 20th. Finally, Bank of America raised their target price on Dominion Energy from $63.00 to $65.00 and gave the stock a “neutral” rating in a research note on Wednesday, April 15th. Four investment analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, Dominion Energy presently has a consensus rating of “Hold” and a consensus price target of $67.62.

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.