Crawford Investment Counsel Inc. Raises Holdings in Dominion Energy Inc. $D

Crawford Investment Counsel Inc. increased its holdings in Dominion Energy Inc. (NYSE:D) by 1.7% in the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 438,451 shares of the utilities provider’s stock after acquiring an additional 7,440 shares during the period. Crawford Investment Counsel Inc. owned approximately 0.05% of Dominion Energy worth $25,689,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in the business. Motiv8 Investments LLC purchased a new position in shares of Dominion Energy during the fourth quarter worth $25,000. Triumph Capital Management purchased a new position in shares of Dominion Energy during the third quarter worth $28,000. Blueline Advisors LLC purchased a new position in shares of Dominion Energy during the fourth quarter worth $28,000. Costello Asset Management INC boosted its position in shares of Dominion Energy by 66.7% during the fourth quarter. Costello Asset Management INC now owns 500 shares of the utilities provider’s stock worth $29,000 after buying an additional 200 shares during the period. Finally, Advocate Investing Services LLC purchased a new position in shares of Dominion Energy during the fourth quarter worth $29,000. 73.04% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several research firms have recently commented on D. Truist Financial lowered their price target on Dominion Energy from $67.00 to $66.00 and set a “hold” rating for the company in a research report on Friday, May 29th. Royal Bank Of Canada raised their price target on Dominion Energy from $66.00 to $72.00 and gave the stock a “sector perform” rating in a research report on Tuesday, May 19th. Seaport Research Partners lowered Dominion Energy from a “buy” rating to a “hold” rating in a research report on Wednesday, May 20th. Bank of America raised their price target on Dominion Energy from $63.00 to $65.00 and gave the stock a “neutral” rating in a research report on Wednesday, April 15th. Finally, Scotiabank raised their price target on Dominion Energy from $63.00 to $67.00 and gave the stock a “sector perform” rating in a research report on Monday, March 2nd. Four investment analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, Dominion Energy has a consensus rating of “Hold” and a consensus target price of $67.69.

Dominion Energy Stock Up 0.5%

Shares of NYSE D opened at $68.51 on Wednesday. The stock has a market cap of $60.25 billion, a P/E ratio of 20.27 and a beta of 0.65. 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 Inc. has a 12-month low of $53.36 and a 12-month high of $69.25. The business’s fifty day simple moving average is $64.60 and its 200-day simple moving average is $62.36.

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

Dominion Energy Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Saturday, June 20th. Stockholders of record on Friday, May 29th will be paid a $0.6675 dividend. This represents a $2.67 annualized dividend and a dividend yield of 3.9%. The ex-dividend date is Friday, May 29th. Dominion Energy’s dividend payout ratio (DPR) is presently 78.99%.

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.