Prospera Financial Services Inc Decreases Holdings in Dominion Energy Inc. $D

Prospera Financial Services Inc decreased its stake in shares of Dominion Energy Inc. (NYSE:D) by 13.9% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 52,704 shares of the utilities provider’s stock after selling 8,537 shares during the quarter. Prospera Financial Services Inc’s holdings in Dominion Energy were worth $3,088,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. Triumph Capital Management acquired a new position in Dominion Energy during the 3rd quarter valued at approximately $28,000. United Community Bank acquired a new position in Dominion Energy during the 3rd quarter valued at approximately $29,000. JPL Wealth Management LLC purchased a new stake in Dominion Energy during the 3rd quarter valued at about $30,000. Costello Asset Management INC grew its stake in Dominion Energy by 66.7% during the 4th quarter. Costello Asset Management INC now owns 500 shares of the utilities provider’s stock valued at $29,000 after purchasing an additional 200 shares during the last quarter. Finally, Cornerstone Planning Group LLC grew its stake in Dominion Energy by 5,080.0% during the 4th quarter. Cornerstone Planning Group LLC now owns 518 shares of the utilities provider’s stock valued at $31,000 after purchasing an additional 508 shares during the last quarter. Institutional investors and hedge funds own 73.04% of the company’s stock.

Dominion Energy Trading Down 0.5%

Shares of Dominion Energy stock opened at $67.36 on Wednesday. The company has a debt-to-equity ratio of 1.38, a current ratio of 0.78 and a quick ratio of 0.61. The firm has a fifty day moving average price of $63.02 and a 200 day moving average price of $61.77. Dominion Energy Inc. has a 1 year low of $53.36 and a 1 year high of $68.97. The stock has a market cap of $59.24 billion, a PE ratio of 19.93 and a beta of 0.65.

Dominion Energy (NYSE:D) last issued its earnings results on Friday, May 1st. The utilities provider reported $0.95 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.90 by $0.05. Dominion Energy had a net margin of 16.93% and a return on equity of 9.63%. The firm had revenue of $5.02 billion during the quarter, compared to analysts’ expectations of $4.43 billion. During the same quarter last year, the company posted $0.93 earnings per share. The firm’s revenue was up 23.1% compared to the same quarter last year. Dominion Energy has set its FY 2026 guidance at 3.450-3.690 EPS. Equities research analysts predict that Dominion Energy Inc. will post 3.59 earnings per share for the current year.

Dominion Energy Announces Dividend

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

Analysts Set New Price Targets

A number of equities research analysts recently commented on the company. Jefferies Financial Group lifted their target price on Dominion Energy from $60.00 to $65.00 and gave the stock a “hold” rating in a report on Friday, April 10th. Scotiabank lifted their target price on Dominion Energy from $63.00 to $67.00 and gave the stock a “sector perform” rating in a report on Monday, March 2nd. Wells Fargo & Company lifted their target price on Dominion Energy from $66.00 to $68.00 and gave the stock an “overweight” rating in a report on Friday, May 15th. Barclays lifted their target price on Dominion Energy from $66.00 to $70.00 and gave the stock an “overweight” rating in a report on Monday, May 4th. Finally, Wall Street Zen cut shares of Dominion Energy from a “hold” rating to a “sell” rating in a report on Saturday, May 16th. Three equities research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $66.92.

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.