Dominion Energy Inc. $D Stock Holdings Increased by Legal & General Group Plc

Legal & General Group Plc increased its holdings in Dominion Energy Inc. (NYSE:D) by 0.6% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 7,712,978 shares of the utilities provider’s stock after acquiring an additional 43,502 shares during the period. Legal & General Group Plc’s holdings in Dominion Energy were worth $471,803,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of D. CoreFirst Bank & Trust bought a new stake in Dominion Energy during the 2nd quarter valued at approximately $25,000. United Community Bank acquired a new stake in Dominion Energy during the 3rd quarter valued at $29,000. Hanson & Doremus Investment Management bought a new position in Dominion Energy in the 3rd quarter valued at $31,000. Twin Peaks Wealth Advisors LLC bought a new stake in shares of Dominion Energy during the second quarter worth approximately $32,000. Finally, Capital A Wealth Management LLC increased its holdings in Dominion Energy by 5,038.5% in the second quarter. Capital A Wealth Management LLC now owns 668 shares of the utilities provider’s stock valued at $38,000 after purchasing an additional 655 shares during the last quarter. Institutional investors own 73.04% of the company’s stock.

Dominion Energy Price Performance

NYSE:D opened at $62.71 on Wednesday. Dominion Energy Inc. has a 52 week low of $48.07 and a 52 week high of $67.57. The company has a debt-to-equity ratio of 1.36, a quick ratio of 0.59 and a current ratio of 0.77. The firm’s 50-day simple moving average is $61.78 and its 200 day simple moving average is $60.72. The firm has a market cap of $55.11 billion, a price-to-earnings ratio of 18.23, a P/E/G ratio of 1.71 and a beta of 0.71.

Dominion Energy (NYSE:D) last posted its quarterly earnings data on Monday, February 23rd. The utilities provider reported $0.68 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.67 by $0.01. Dominion Energy had a net margin of 18.05% and a return on equity of 9.67%. The firm had revenue of $4.09 billion during the quarter, compared to the consensus estimate of $3.65 billion. During the same quarter in the previous year, the firm posted $0.58 EPS. The business’s revenue for the quarter 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. As a group, sell-side analysts predict that Dominion Energy Inc. will post 3.39 earnings per share for the current year.

Dominion Energy Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 20th. Shareholders of record on Friday, February 27th will be issued a $0.6675 dividend. The ex-dividend date of this dividend is Friday, February 27th. This represents a $2.67 annualized dividend and a yield of 4.3%. Dominion Energy’s payout ratio is currently 77.62%.

Analyst Upgrades and Downgrades

D has been the topic of a number of recent analyst reports. JPMorgan Chase & Co. reduced their price target on shares of Dominion Energy from $62.00 to $59.00 and set an “underweight” rating on the stock in a research report on Thursday, December 11th. Barclays reduced their price target on Dominion Energy from $64.00 to $63.00 and set an “overweight” rating for the company in a research report on Thursday, January 22nd. Wells Fargo & Company decreased their price objective on Dominion Energy from $67.00 to $64.00 and set an “overweight” rating for the company in a report on Tuesday, January 20th. Scotiabank boosted their target price on shares of Dominion Energy from $63.00 to $67.00 and gave the stock a “sector perform” rating in a report on Monday, March 2nd. Finally, TD Cowen assumed coverage on Dominion Energy in a research report on Friday, January 9th. They set a “hold” rating and a $65.00 price target on the stock. Three 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, the stock presently has a consensus rating of “Hold” and an average target price of $64.73.

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.