Wealth Enhancement Advisory Services LLC Increases Holdings in Dominion Energy Inc. $D

Wealth Enhancement Advisory Services LLC lifted its stake in shares of Dominion Energy Inc. (NYSE:DFree Report) by 11.5% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 461,480 shares of the utilities provider’s stock after purchasing an additional 47,436 shares during the quarter. Wealth Enhancement Advisory Services LLC owned 0.05% of Dominion Energy worth $27,098,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Capital Research Global Investors increased its position in shares of Dominion Energy by 22.4% during the third quarter. Capital Research Global Investors now owns 54,850,042 shares of the utilities provider’s stock valued at $3,355,175,000 after buying an additional 10,049,691 shares during the period. Norges Bank bought a new position in shares of Dominion Energy in the second quarter valued at approximately $566,924,000. Mizuho Markets Americas LLC grew its stake in Dominion Energy by 139.3% during the third quarter. Mizuho Markets Americas LLC now owns 867,500 shares of the utilities provider’s stock valued at $53,065,000 after acquiring an additional 3,073,835 shares in the last quarter. ANTIPODES PARTNERS Ltd grew its stake in Dominion Energy by 84,502.3% during the third quarter. ANTIPODES PARTNERS Ltd now owns 1,735,194 shares of the utilities provider’s stock valued at $106,150,000 after acquiring an additional 1,733,143 shares in the last quarter. Finally, State Street Corp increased its holdings in Dominion Energy by 2.9% during the 2nd quarter. State Street Corp now owns 46,341,408 shares of the utilities provider’s stock worth $2,619,216,000 after acquiring an additional 1,313,621 shares during the period. Institutional investors own 73.04% of the company’s stock.

Wall Street Analyst Weigh In

D has been the subject of several analyst reports. TD Cowen initiated coverage on shares of Dominion Energy in a report on Friday, January 9th. They issued a “hold” rating and a $65.00 price target for the company. Barclays lowered their price objective on Dominion Energy from $64.00 to $63.00 and set an “overweight” rating on the stock in a research report on Thursday, January 22nd. JPMorgan Chase & Co. dropped their price objective on Dominion Energy from $62.00 to $59.00 and set an “underweight” rating for the company in a research note on Thursday, December 11th. Wells Fargo & Company reduced their target price on Dominion Energy from $67.00 to $64.00 and set an “overweight” rating for the company in a research report on Tuesday, January 20th. Finally, Scotiabank upped their target price on Dominion Energy from $63.00 to $67.00 and gave the stock a “sector perform” rating in a research note on Monday, March 2nd. Three investment analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $65.20.

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Dominion Energy Stock Up 0.7%

D opened at $60.26 on Wednesday. The business’s fifty day simple moving average is $62.45 and its 200 day simple moving average is $60.87. Dominion Energy Inc. has a 52 week low of $48.07 and a 52 week high of $67.57. The company has a quick ratio of 0.59, a current ratio of 0.77 and a debt-to-equity ratio of 1.36. The stock has a market cap of $52.97 billion, a PE ratio of 17.52, a P/E/G ratio of 1.62 and a beta of 0.71.

Dominion Energy (NYSE:DGet Free Report) last issued its quarterly 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. The firm had revenue of $4.09 billion during the quarter, compared to analyst estimates of $3.65 billion. Dominion Energy had a return on equity of 9.67% and a net margin of 18.05%.The company’s revenue was up 20.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.58 earnings per share. Dominion Energy has set its FY 2026 guidance at 3.450-3.690 EPS. As a group, research analysts expect that Dominion Energy Inc. will post 3.39 earnings per share for the current fiscal year.

Dominion Energy Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, March 20th. Shareholders of record on Friday, February 27th were given a dividend of $0.6675 per share. This represents a $2.67 dividend on an annualized basis and a yield of 4.4%. The ex-dividend date was Friday, February 27th. Dominion Energy’s dividend payout ratio (DPR) is presently 77.62%.

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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