Kanawha Capital Management LLC Grows Position in Dominion Energy Inc. $D

Kanawha Capital Management LLC boosted its stake in shares of Dominion Energy Inc. (NYSE:DFree 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 (NYSE:DGet Free Report) last issued its earnings results on Monday, February 23rd. The utilities provider reported $0.68 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.67 by $0.01. Dominion Energy had a return on equity of 9.67% and a net margin of 18.05%.The firm had revenue of $4.09 billion for the quarter, compared to analysts’ expectations of $3.65 billion. During the same period in the previous year, the firm posted $0.58 earnings per share. The business’s revenue was up 20.4% compared to the same quarter last year. Dominion Energy has set its FY 2026 guidance at 3.450-3.690 EPS. Equities research analysts predict that Dominion Energy Inc. will post 3.6 EPS for the current fiscal year.

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:

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.

View Our Latest Analysis on D

About Dominion Energy

(Free Report)

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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Institutional Ownership by Quarter for Dominion Energy (NYSE:D)

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