Virtu Financial LLC Takes Position in Dominion Energy Inc. $D

Virtu Financial LLC acquired a new stake in shares of Dominion Energy Inc. (NYSE:D) during the fourth quarter, Holdings Channel reports. The firm acquired 11,546 shares of the utilities provider’s stock, valued at approximately $676,000.

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 fourth quarter worth approximately $25,000. Triumph Capital Management acquired a new position in shares of Dominion Energy during the 3rd quarter valued at $28,000. Blueline Advisors LLC bought a new stake in shares of Dominion Energy in the 4th quarter worth $28,000. JPL Wealth Management LLC bought a new stake in shares of Dominion Energy in the 3rd quarter worth $30,000. Finally, Costello Asset Management INC lifted its holdings in shares of Dominion Energy by 66.7% in the fourth quarter. Costello Asset Management INC now owns 500 shares of the utilities provider’s stock valued at $29,000 after buying an additional 200 shares during the period. Institutional investors own 73.04% of the company’s stock.

Wall Street Analysts Forecast Growth

D has been the subject of several research reports. Truist Financial decreased their target price on Dominion Energy from $67.00 to $66.00 and set a “hold” rating for the company in a research note on Friday, May 29th. Morgan Stanley cut their price target on shares of Dominion Energy from $69.00 to $68.00 and set an “equal weight” rating for the company in a report on Tuesday, April 21st. Barclays raised their price objective on shares of Dominion Energy from $66.00 to $70.00 and gave the company an “overweight” rating in a research report on Monday, May 4th. Seaport Research Partners downgraded shares of Dominion Energy from a “buy” rating to a “hold” rating in a report on Wednesday, May 20th. Finally, Wall Street Zen lowered shares of Dominion Energy from a “hold” rating to a “sell” rating in a research note on Saturday, May 16th. Four equities research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $67.69.

Dominion Energy Stock Performance

Shares of NYSE D opened at $67.94 on Tuesday. The company has a quick ratio of 0.61, a current ratio of 0.78 and a debt-to-equity ratio of 1.38. The stock has a market capitalization of $59.75 billion, a price-to-earnings ratio of 20.10 and a beta of 0.65. The stock’s fifty day simple moving average is $65.01 and its 200 day simple moving average is $62.55. Dominion Energy Inc. has a 52-week low of $54.25 and a 52-week high of $69.28.

Dominion Energy (NYSE:D) last announced its earnings results on Friday, May 1st. The utilities provider reported $0.95 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.90 by $0.05. Dominion Energy had a return on equity of 9.63% and a net margin of 16.93%.The company had revenue of $5.02 billion for the quarter, compared to analyst estimates of $4.43 billion. During the same period in the previous year, the firm earned $0.93 earnings per share. Dominion Energy’s revenue for the quarter 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. As a group, sell-side analysts forecast that Dominion Energy Inc. will post 3.59 earnings per share for the current fiscal year.

Dominion Energy Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Saturday, June 20th. Shareholders of record on Friday, May 29th were issued a dividend of $0.6675 per share. This represents a $2.67 annualized dividend and a yield of 3.9%. The ex-dividend date was Friday, May 29th. Dominion Energy’s payout ratio is presently 78.99%.

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.