Opal Capital LLC Acquires New Holdings in Dominion Energy Inc. $D

Opal Capital LLC bought a new stake in Dominion Energy Inc. (NYSE:D) during the fourth quarter, Holdings Channel.com reports. The fund bought 133,850 shares of the utilities provider’s stock, valued at approximately $7,843,000. Dominion Energy makes up about 2.0% of Opal Capital LLC’s portfolio, making the stock its 12th largest position.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Motiv8 Investments LLC acquired a new stake in Dominion Energy in the 4th quarter valued at approximately $25,000. Triumph Capital Management acquired a new stake in Dominion Energy in the 3rd quarter valued at approximately $28,000. Blueline Advisors LLC acquired a new stake in shares of Dominion Energy during the 4th quarter worth approximately $28,000. JPL Wealth Management LLC acquired a new stake in shares of Dominion Energy during the 3rd quarter worth approximately $30,000. Finally, Costello Asset Management INC grew its holdings in shares of Dominion Energy by 66.7% during the 4th quarter. Costello Asset Management INC now owns 500 shares of the utilities provider’s stock worth $29,000 after purchasing an additional 200 shares in the last quarter. Institutional investors and hedge funds own 73.04% of the company’s stock.

Analysts Set New Price Targets

Several analysts have recently weighed in on the company. Morgan Stanley decreased their price objective on Dominion Energy from $69.00 to $68.00 and set an “equal weight” rating on the stock in a report on Tuesday, April 21st. Royal Bank Of Canada lifted their price objective on Dominion Energy from $66.00 to $72.00 and gave the stock a “sector perform” rating in a report on Tuesday, May 19th. Truist Financial decreased their price objective on Dominion Energy from $67.00 to $66.00 and set a “hold” rating on the stock in a report on Friday, May 29th. Jefferies Financial Group raised Dominion Energy from a “hold” rating to a “buy” rating and boosted their price target for the company from $65.00 to $76.00 in a research note on Thursday, May 28th. Finally, Scotiabank boosted their price target on Dominion Energy from $63.00 to $67.00 and gave the company a “sector perform” rating in a research note on Monday, March 2nd. Four 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’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $67.69.

Dominion Energy Stock Up 0.5%

NYSE:D opened at $68.51 on Wednesday. Dominion Energy Inc. has a 1 year low of $53.36 and a 1 year high of $69.25. The company has a current ratio of 0.78, a quick ratio of 0.61 and a debt-to-equity ratio of 1.38. The stock has a market cap of $60.25 billion, a price-to-earnings ratio of 20.27 and a beta of 0.65. The stock has a 50-day moving average price of $64.60 and a two-hundred day moving average price of $62.36.

Dominion Energy (NYSE:D) last posted its quarterly earnings data on Friday, May 1st. The utilities provider reported $0.95 earnings per share for the quarter, topping the consensus estimate of $0.90 by $0.05. The company had revenue of $5.02 billion during the quarter, compared to analysts’ expectations of $4.43 billion. Dominion Energy had a return on equity of 9.63% and a net margin of 16.93%.Dominion Energy’s revenue for the quarter was up 23.1% compared to the same quarter last year. During the same period 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. As a group, equities analysts expect that Dominion Energy Inc. will post 3.59 earnings per share for the current year.

Dominion Energy Announces Dividend

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 given a $0.6675 dividend. This represents a $2.67 dividend on an annualized basis and a dividend yield of 3.9%. The ex-dividend date of this dividend is Friday, May 29th. Dominion Energy’s dividend payout ratio (DPR) is presently 78.99%.

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.