Sanctuary Advisors LLC Purchases 8,108 Shares of Dominion Energy Inc. $D

Sanctuary Advisors LLC grew its position in shares of Dominion Energy Inc. (NYSE:D) by 4.1% during the 1st quarter, Holdings Channel.com reports. The institutional investor owned 203,949 shares of the utilities provider’s stock after buying an additional 8,108 shares during the quarter. Sanctuary Advisors LLC’s holdings in Dominion Energy were worth $12,608,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of D. Wellington Management Group LLP raised its stake in shares of Dominion Energy by 46.2% in the fourth quarter. Wellington Management Group LLP now owns 44,943,727 shares of the utilities provider’s stock valued at $2,633,253,000 after acquiring an additional 14,197,581 shares during the last quarter. Norges Bank bought a new stake in Dominion Energy during the 4th quarter worth approximately $655,142,000. Capital Research Global Investors increased its holdings in Dominion Energy by 9.0% during the 4th quarter. Capital Research Global Investors now owns 59,790,734 shares of the utilities provider’s stock valued at $3,503,142,000 after purchasing an additional 4,940,692 shares in the last quarter. Adage Capital Partners GP L.L.C. acquired a new stake in Dominion Energy during the 4th quarter valued at $125,495,000. Finally, State Street Corp raised its position in Dominion Energy by 3.6% in the 4th quarter. State Street Corp now owns 48,620,273 shares of the utilities provider’s stock valued at $2,848,662,000 after purchasing an additional 1,686,050 shares during the last quarter. Institutional investors and hedge funds own 73.04% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have weighed in on the stock. Mizuho boosted their target price on shares of Dominion Energy from $66.00 to $72.00 and gave the stock a “neutral” rating in a research note on Tuesday, May 26th. Jefferies Financial Group raised Dominion Energy from a “hold” rating to a “buy” rating and increased their target price for the company from $65.00 to $76.00 in a research note on Thursday, May 28th. Wells Fargo & Company lifted their price target on shares of Dominion Energy from $66.00 to $68.00 and gave the stock an “overweight” rating in a research report on Friday, May 15th. Royal Bank Of Canada boosted their price target on shares of Dominion Energy from $66.00 to $72.00 and gave the company a “sector perform” rating in a report on Tuesday, May 19th. Finally, Weiss Ratings upgraded shares of Dominion Energy from a “buy (b-)” rating to a “buy (b)” rating in a research report on Friday, May 22nd. Four research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, Dominion Energy presently has an average rating of “Hold” and an average target price of $67.62.

Key Dominion Energy News

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

• Positive Sentiment: Dominion and NextEra filed merger applications, advancing a deal that could create the world’s largest regulated electric utility and improve Dominion’s long-term growth profile. Article Title
• Positive Sentiment: The companies pledged $2.25 billion in bill credits and said merger costs would not be passed to customers, which could help regulatory approval prospects. Article Title
• Neutral Sentiment: State and federal regulators in Virginia, North Carolina, South Carolina and Washington will now review the proposal, and the process could take time before any closing in the second half of 2027. Article Title
• Negative Sentiment: The merger still faces scrutiny from lawmakers, regulators and local stakeholders, who are questioning costs, customer impacts and infrastructure issues tied to Dominion’s large transmission projects. Article Title

Dominion Energy Trading Up 0.9%

NYSE D opened at $71.64 on Friday. Dominion Energy Inc. has a 12 month low of $55.85 and a 12 month high of $71.84. 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 stock has a 50 day moving average of $67.58 and a 200-day moving average of $63.92. The company has a market cap of $63.00 billion, a PE ratio of 21.19 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 for the quarter, topping analysts’ consensus estimates of $0.90 by $0.05. Dominion Energy had a net margin of 16.93% and a return on equity of 9.63%. The business had revenue of $5.02 billion for the quarter, compared to the consensus estimate of $4.43 billion. During the same period in the previous year, the company earned $0.93 earnings per share. The firm’s revenue for the quarter was up 23.1% on a year-over-year basis. Dominion Energy has set its FY 2026 guidance at 3.450-3.690 EPS. On average, equities research analysts anticipate that Dominion Energy Inc. will post 3.59 EPS for the current fiscal year.

Dominion Energy Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Saturday, June 20th. Stockholders of record on Friday, May 29th were paid a dividend of $0.6675 per share. The ex-dividend date was Friday, May 29th. This represents a $2.67 annualized dividend and a dividend yield of 3.7%. Dominion Energy’s payout ratio is currently 78.99%.

Dominion Energy Company 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.