UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Boosts Stock Holdings in Dominion Energy Inc. $D

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its position in shares of Dominion Energy Inc. (NYSE:D) by 4.8% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 4,288,973 shares of the utilities provider’s stock after buying an additional 196,250 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned approximately 0.49% of Dominion Energy worth $292,894,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Motiv8 Investments LLC purchased a new stake in shares of Dominion Energy during the fourth quarter worth about $25,000. Blueline Advisors LLC acquired a new stake in Dominion Energy in the 4th quarter worth about $28,000. Triumph Capital Management purchased a new stake in Dominion Energy during the 3rd quarter worth approximately $28,000. Costello Asset Management INC lifted its position 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 acquiring an additional 200 shares in the last quarter. Finally, Advocate Investing Services LLC acquired a new stake in shares of Dominion Energy in the fourth quarter worth approximately $29,000. Hedge funds and other institutional investors own 73.04% of the company’s stock.

Dominion Energy Trading Up 0.7%

Shares of D opened at $66.01 on Tuesday. Dominion Energy Inc. has a 12-month low of $55.85 and a 12-month high of $72.99. The firm has a market capitalization of $58.06 billion, a P/E ratio of 23.00 and a beta of 0.65. The firm has a 50-day moving average price of $68.99 and a 200 day moving average price of $65.82. The company has a current ratio of 0.81, a quick ratio of 0.64 and a debt-to-equity ratio of 1.43.

Dominion Energy (NYSE:D) last issued its earnings results on Friday, July 31st. The utilities provider reported $0.79 EPS for the quarter, topping analysts’ consensus estimates of $0.68 by $0.11. Dominion Energy had a net margin of 13.98% and a return on equity of 9.62%. The company had revenue of $4.48 billion for the quarter, compared to the consensus estimate of $4.04 billion. During the same period in the previous year, the firm earned $0.75 earnings per share. Dominion Energy’s quarterly revenue was up 17.6% compared to the same quarter last year. Dominion Energy has set its FY 2026 guidance at 3.450-3.690 EPS. Sell-side analysts forecast that Dominion Energy Inc. will post 3.57 EPS for the current year.

Dominion Energy Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Sunday, September 20th. Investors of record on Friday, September 4th will be issued a $0.6675 dividend. The ex-dividend date is Friday, September 4th. This represents a $2.67 dividend on an annualized basis and a yield of 4.0%. Dominion Energy’s dividend payout ratio is currently 93.03%.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on D. BMO Capital Markets raised their price objective on Dominion Energy from $64.00 to $70.00 and gave the company a “market perform” rating in a report on Wednesday, July 22nd. Mizuho raised their price target 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. Wall Street Zen lowered shares of Dominion Energy from a “hold” rating to a “sell” rating in a research report on Saturday, May 16th. Barclays cut their price objective on shares of Dominion Energy from $70.00 to $69.00 and set an “overweight” rating for the company in a report on Tuesday, June 23rd. Finally, Weiss Ratings restated a “buy (b)” rating on shares of Dominion Energy in a report on Wednesday, August 19th. Five analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $69.93.

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.