Ilmarinen Mutual Pension Insurance Co Raises Position in Dominion Energy Inc. $D

Ilmarinen Mutual Pension Insurance Co boosted its stake in shares of Dominion Energy Inc. (NYSE:D) by 41.5% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 136,500 shares of the utilities provider’s stock after purchasing an additional 40,000 shares during the period. Ilmarinen Mutual Pension Insurance Co’s holdings in Dominion Energy were worth $7,998,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the stock. Moors & Cabot Inc. grew its position in Dominion Energy by 6.3% during the 4th quarter. Moors & Cabot Inc. now owns 33,403 shares of the utilities provider’s stock worth $1,957,000 after purchasing an additional 1,976 shares during the last quarter. Houlihan Financial Resource Group Ltd. purchased a new position in Dominion Energy in the 4th quarter worth $508,000. Constant Guidance Financial LLC purchased a new position in Dominion Energy in the 4th quarter worth $686,000. Foundations Investment Advisors LLC raised its stake in Dominion Energy by 13.5% in the 4th quarter. Foundations Investment Advisors LLC now owns 9,884 shares of the utilities provider’s stock worth $579,000 after acquiring an additional 1,179 shares during the last quarter. Finally, IFG Advisory LLC raised its stake in Dominion Energy by 10.2% in the 4th quarter. IFG Advisory LLC now owns 6,087 shares of the utilities provider’s stock worth $357,000 after acquiring an additional 561 shares during the last quarter. Hedge funds and other institutional investors own 73.04% of the company’s stock.

Dominion Energy Stock Performance

NYSE D opened at $67.53 on Friday. The stock has a 50-day simple moving average of $63.19 and a two-hundred day simple moving average of $61.86. The firm has a market capitalization of $59.39 billion, a P/E ratio of 19.98 and a beta of 0.65. Dominion Energy Inc. has a fifty-two week low of $53.36 and a fifty-two week high of $68.97. The company has a debt-to-equity ratio of 1.38, a quick ratio of 0.61 and a current ratio of 0.78.

Dominion Energy (NYSE:D) last released 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 business had revenue of $5.02 billion during the quarter, compared to analyst estimates of $4.43 billion. Dominion Energy had a return on equity of 9.63% and a net margin of 16.93%.The company’s revenue was up 23.1% on a year-over-year basis. During the same quarter last year, the business posted $0.93 EPS. Dominion Energy has set its FY 2026 guidance at 3.450-3.690 EPS. On average, equities analysts forecast that Dominion Energy Inc. will post 3.59 earnings per share for the current year.

Dominion Energy Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Saturday, June 20th. Investors of record on Friday, May 29th will be paid a $0.6675 dividend. This represents a $2.67 annualized dividend and a dividend yield of 4.0%. The ex-dividend date is Friday, May 29th. Dominion Energy’s payout ratio is currently 78.99%.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on the company. Truist Financial assumed coverage on Dominion Energy in a research note on Tuesday, April 21st. They issued a “hold” rating and a $67.00 target price for the company. Weiss Ratings upgraded Dominion Energy from a “buy (b-)” rating to a “buy (b)” rating in a research note on Friday, May 22nd. Wall Street Zen lowered Dominion Energy from a “hold” rating to a “sell” rating in a research note on Saturday, May 16th. Royal Bank Of Canada raised their target price on Dominion Energy from $66.00 to $72.00 and gave the stock a “sector perform” rating in a research note on Tuesday, May 19th. Finally, Seaport Research Partners lowered Dominion Energy from a “buy” rating to a “hold” rating in a research note on Wednesday, May 20th. Four investment analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, Dominion Energy has a consensus rating of “Hold” and an average price target of $67.77.

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.