Pathfinder Wealth Consulting Inc. Acquires New Holdings in Dominion Energy Inc. $D

Pathfinder Wealth Consulting Inc. bought a new position in Dominion Energy Inc. (NYSE:DFree Report) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund bought 9,978 shares of the utilities provider’s stock, valued at approximately $585,000.

A number of other hedge funds have also added to or reduced their stakes in D. Conning Inc. grew its holdings in shares of Dominion Energy by 0.5% in the fourth quarter. Conning Inc. now owns 33,217 shares of the utilities provider’s stock worth $1,946,000 after acquiring an additional 176 shares during the period. Castle Rock Wealth Management LLC lifted its holdings in Dominion Energy by 2.6% in the fourth quarter. Castle Rock Wealth Management LLC now owns 6,885 shares of the utilities provider’s stock valued at $422,000 after acquiring an additional 177 shares during the period. Mather Group LLC. boosted its position in Dominion Energy by 3.4% in the fourth quarter. Mather Group LLC. now owns 5,400 shares of the utilities provider’s stock worth $316,000 after purchasing an additional 178 shares during the last quarter. Howard Capital Management Inc. grew its stake in shares of Dominion Energy by 3.3% during the 3rd quarter. Howard Capital Management Inc. now owns 5,659 shares of the utilities provider’s stock valued at $346,000 after purchasing an additional 180 shares during the period. Finally, Redwood Investment Management LLC grew its stake in shares of Dominion Energy by 0.6% during the 2nd quarter. Redwood Investment Management LLC now owns 31,778 shares of the utilities provider’s stock valued at $1,796,000 after purchasing an additional 183 shares during the period. 73.04% of the stock is currently owned by hedge funds and other institutional investors.

Dominion Energy Trading Down 0.8%

Shares of NYSE:D opened at $67.77 on Friday. The stock has a 50 day moving average of $62.84 and a 200 day moving average of $61.64. The company has a market cap of $59.60 billion, a PE ratio of 20.05, a price-to-earnings-growth ratio of 3.56 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 company has a current ratio of 0.78, a quick ratio of 0.61 and a debt-to-equity ratio of 1.38.

Dominion Energy (NYSE:DGet Free Report) last released its earnings results on Friday, May 1st. The utilities provider reported $0.95 EPS for the quarter, topping analysts’ consensus estimates of $0.90 by $0.05. The company had revenue of $5.02 billion for the quarter, compared to analysts’ expectations of $4.43 billion. Dominion Energy had a net margin of 16.93% and a return on equity of 9.63%. The firm’s revenue was up 23.1% compared to the same quarter last year. During the same quarter last year, the business earned $0.93 EPS. Dominion Energy has set its FY 2026 guidance at 3.450-3.690 EPS. As a group, equities research analysts expect that Dominion Energy Inc. will post 3.59 EPS for the current year.

Dominion Energy Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Saturday, June 20th. Investors of record on Friday, May 29th will be paid a dividend of $0.6675 per share. The ex-dividend date is Friday, May 29th. This represents a $2.67 dividend on an annualized basis and a dividend yield of 3.9%. Dominion Energy’s payout ratio is 78.99%.

Trending Headlines about Dominion Energy

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Wall Street Analyst Weigh In

D has been the topic of several recent research reports. Truist Financial assumed coverage on shares of Dominion Energy in a research note on Tuesday, April 21st. They issued a “hold” rating and a $67.00 price objective on the stock. Scotiabank upped their target price on shares of Dominion Energy from $63.00 to $67.00 and gave the company a “sector perform” rating in a report on Monday, March 2nd. Bank of America increased their price target on shares of Dominion Energy from $63.00 to $65.00 and gave the stock a “neutral” rating in a research report on Wednesday, April 15th. Mizuho lifted their price target on shares of Dominion Energy from $62.00 to $66.00 and gave the stock a “neutral” rating in a research note on Tuesday, February 24th. Finally, Wells Fargo & Company upped their price objective on Dominion Energy from $66.00 to $68.00 and gave the stock an “overweight” rating in a research note on Friday, May 15th. Three investment analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $66.46.

Get Our Latest Stock Analysis on D

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.

Further Reading

Institutional Ownership by Quarter for Dominion Energy (NYSE:D)

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