AlphaCore Capital LLC Acquires 14,119 Shares of Dominion Energy Inc. $D

AlphaCore Capital LLC lifted its stake in Dominion Energy Inc. (NYSE:D) by 571.2% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 16,591 shares of the utilities provider’s stock after buying an additional 14,119 shares during the period. AlphaCore Capital LLC’s holdings in Dominion Energy were worth $972,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also added to or reduced their stakes in the stock. Triumph Capital Management bought a new position in Dominion Energy during the 3rd quarter worth $28,000. United Community Bank bought a new stake in shares of Dominion Energy during the 3rd quarter valued at $29,000. Costello Asset Management INC grew its holdings in shares of Dominion Energy by 66.7% during the 4th quarter. Costello Asset Management INC now owns 500 shares of the utilities provider’s stock worth $29,000 after purchasing an additional 200 shares in the last quarter. JPL Wealth Management LLC bought a new position in shares of Dominion Energy in the third quarter worth $30,000. Finally, Cornerstone Planning Group LLC increased its position in shares of Dominion Energy by 5,080.0% in the fourth quarter. Cornerstone Planning Group LLC now owns 518 shares of the utilities provider’s stock worth $31,000 after purchasing an additional 508 shares during the period. Institutional investors and hedge funds own 73.04% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on D shares. Mizuho upped their price objective on shares of Dominion Energy from $62.00 to $66.00 and gave the stock a “neutral” rating in a research report on Tuesday, February 24th. Wells Fargo & Company raised their target price on shares of Dominion Energy from $66.00 to $68.00 and gave the company an “overweight” rating in a report on Friday. Morgan Stanley dropped their target price on shares of Dominion Energy from $69.00 to $68.00 and set an “equal weight” rating for the company in a research report on Tuesday, April 21st. Barclays upped their price target on shares of Dominion Energy from $66.00 to $70.00 and gave the stock an “overweight” rating in a report on Monday, May 4th. Finally, Weiss Ratings reissued a “buy (b-)” rating on shares of Dominion Energy in a research note on Friday, May 8th. Three equities research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $66.31.

Dominion Energy Stock Up 9.3%

Shares of NYSE D opened at $67.50 on Tuesday. The company has a current ratio of 0.78, a quick ratio of 0.61 and a debt-to-equity ratio of 1.38. The company has a market cap of $59.36 billion, a price-to-earnings ratio of 19.97, a PEG ratio of 3.25 and a beta of 0.65. Dominion Energy Inc. has a 12 month low of $53.36 and a 12 month high of $68.97. The stock has a 50-day moving average price of $62.42 and a two-hundred day moving average price of $61.41.

Dominion Energy (NYSE:D) last posted its quarterly earnings results on Friday, May 1st. The utilities provider reported $0.95 earnings per share for the quarter, beating analysts’ consensus estimates of $0.90 by $0.05. The company had revenue of $5.02 billion for the quarter, compared to the consensus estimate of $4.43 billion. Dominion Energy had a net margin of 16.93% and a return on equity of 9.63%. The firm’s quarterly revenue was up 23.1% compared to the same quarter last year. During the same period last year, the company posted $0.93 EPS. Dominion Energy has set its FY 2026 guidance at 3.450-3.690 EPS. As a group, 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 declared a quarterly dividend, which will be paid on Saturday, June 20th. Stockholders of record on Friday, May 29th will be issued a dividend of $0.6675 per share. The ex-dividend date is Friday, May 29th. This represents a $2.67 annualized dividend and a dividend yield of 4.0%. Dominion Energy’s dividend payout ratio is 78.99%.

Dominion Energy News Summary

Here are the key news stories impacting Dominion Energy this week:

• Positive Sentiment: NextEra agreed to acquire Dominion Energy in an all-stock deal worth about $66.8 billion, giving Dominion shareholders a sizable takeover premium and making the stock jump on merger-arbitrage optimism.
• Positive Sentiment: The companies said the combined utility will be the largest regulated electric utility in the world, with major exposure to fast-growing AI/data-center power demand, which is improving sentiment toward Dominion’s long-term asset value.
• Positive Sentiment: Management highlighted proposed $2.25 billion in bill credits and other commitments aimed at easing regulatory approval, which may help reduce concerns that could otherwise weigh on the deal.
• Neutral Sentiment: Unusually heavy options activity also showed traders positioning aggressively around the transaction, signaling heightened speculation and volatility rather than a fundamental change in operations.
• Negative Sentiment: The merger faces shareholder, antitrust, and state utility-regulator approvals, so there is still execution risk if regulators demand changes or the deal takes longer to close than expected.
• Negative Sentiment: A shareholder-law firm has already launched an investigation into whether Dominion’s board secured a fair price, which could add legal noise around the transaction.

About Dominion Energy

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.