34,128 Shares in Dominion Energy Inc. $D Acquired by Kentucky Farm Bureau Mutual Insurance Co

Kentucky Farm Bureau Mutual Insurance Co acquired a new stake in Dominion Energy Inc. (NYSE:D) during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 34,128 shares of the utilities provider’s stock, valued at approximately $2,331,000.

A number of other institutional investors and hedge funds have also modified their holdings of D. Motiv8 Investments LLC purchased a new position in shares of Dominion Energy in the fourth quarter worth $25,000. Blueline Advisors LLC purchased a new stake in shares of Dominion Energy during the fourth quarter valued at $28,000. Triumph Capital Management bought a new stake in Dominion Energy in the 3rd quarter worth about $28,000. Costello Asset Management INC increased its holdings in 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 in the last quarter. Finally, Advocate Investing Services LLC purchased a new position in Dominion Energy in the 4th quarter worth about $29,000. Institutional investors own 73.04% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have issued reports on D shares. BMO Capital Markets upped their target price on shares of Dominion Energy from $64.00 to $70.00 and gave the company a “market perform” rating in a research note on Wednesday, July 22nd. UBS Group set a $80.00 price target on shares of Dominion Energy in a research note on Wednesday. Truist Financial decreased their price objective on shares of Dominion Energy from $68.00 to $66.00 and set a “hold” rating for the company in a report on Thursday, August 13th. Weiss Ratings upgraded shares of Dominion Energy from a “buy (b-)” rating to a “buy (b)” rating in a research report on Friday, May 22nd. Finally, Mizuho raised their target price on shares of Dominion Energy from $66.00 to $72.00 and gave the stock a “neutral” rating in a report on Tuesday, May 26th. Five research analysts have rated the stock with a Buy rating, nine have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $69.93.

Dominion Energy Trading Down 0.4%

Shares of D stock opened at $68.36 on Thursday. The company has a debt-to-equity ratio of 1.43, a current ratio of 0.81 and a quick ratio of 0.64. The company has a market cap of $60.12 billion, a price-to-earnings ratio of 23.82 and a beta of 0.65. Dominion Energy Inc. has a 1 year low of $55.85 and a 1 year high of $72.99. The firm has a fifty day moving average price of $69.23 and a 200-day moving average price of $65.56.

Dominion Energy (NYSE:D) last announced its earnings results on Friday, July 31st. The utilities provider reported $0.79 EPS for the quarter, topping analysts’ consensus estimates of $0.68 by $0.11. The company had revenue of $4.48 billion for the quarter, compared to analysts’ expectations of $4.04 billion. Dominion Energy had a return on equity of 9.62% and a net margin of 13.98%.Dominion Energy’s revenue for the quarter was up 17.6% compared to the same quarter last year. During the same period last year, the firm earned $0.75 EPS. Dominion Energy has set its FY 2026 guidance at 3.450-3.690 EPS. As a group, equities analysts predict that Dominion Energy Inc. will post 3.57 earnings per share for the current year.

Dominion Energy Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Sunday, September 20th. Stockholders of record on Friday, September 4th will be paid a $0.6675 dividend. The ex-dividend date of this dividend is Friday, September 4th. This represents a $2.67 annualized dividend and a dividend yield of 3.9%. Dominion Energy’s dividend payout ratio (DPR) is 93.03%.

Dominion Energy 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.