Brookstone Capital Management Cuts Stock Position in Dominion Energy Inc. $D

Brookstone Capital Management decreased its stake in shares of Dominion Energy Inc. (NYSE:D) by 6.4% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 204,929 shares of the utilities provider’s stock after selling 13,960 shares during the quarter. Brookstone Capital Management’s holdings in Dominion Energy were worth $12,536,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Patton Fund Management Inc. bought a new stake in shares of Dominion Energy during the second quarter valued at approximately $235,000. Rockefeller Capital Management L.P. boosted its stake in Dominion Energy by 6.9% during the 2nd quarter. Rockefeller Capital Management L.P. now owns 186,885 shares of the utilities provider’s stock valued at $10,563,000 after purchasing an additional 12,041 shares during the last quarter. Vanguard Group Inc. increased its holdings in shares of Dominion Energy by 16.2% in the 2nd quarter. Vanguard Group Inc. now owns 105,795,310 shares of the utilities provider’s stock worth $5,979,551,000 after purchasing an additional 14,715,895 shares in the last quarter. Bryn Mawr Trust Advisors LLC increased its holdings in shares of Dominion Energy by 19.0% in the 2nd quarter. Bryn Mawr Trust Advisors LLC now owns 104,710 shares of the utilities provider’s stock worth $5,918,000 after purchasing an additional 16,731 shares in the last quarter. Finally, CW Advisors LLC raised its stake in shares of Dominion Energy by 15.2% in the second quarter. CW Advisors LLC now owns 231,985 shares of the utilities provider’s stock worth $13,112,000 after purchasing an additional 30,647 shares during the last quarter. 73.04% of the stock is owned by institutional investors.

Dominion Energy Trading Up 0.8%

Shares of D stock opened at $58.60 on Friday. The company has a debt-to-equity ratio of 1.41, a current ratio of 0.84 and a quick ratio of 0.65. The company has a market cap of $50.04 billion, a price-to-earnings ratio of 19.93, a PEG ratio of 1.69 and a beta of 0.70. Dominion Energy Inc. has a 1 year low of $48.07 and a 1 year high of $62.87. The firm has a fifty day moving average price of $60.15 and a 200-day moving average price of $59.35.

Dominion Energy (NYSE:D) last announced its earnings results on Friday, October 31st. The utilities provider reported $1.06 EPS for the quarter, topping analysts’ consensus estimates of $1.02 by $0.04. Dominion Energy had a return on equity of 9.60% and a net margin of 16.17%.The company had revenue of $4.53 billion for the quarter, compared to analysts’ expectations of $4.71 billion. During the same period last year, the firm earned $0.98 EPS. Dominion Energy’s revenue for the quarter was up 14.9% compared to the same quarter last year. Dominion Energy has set its FY 2025 guidance at 3.330-3.480 EPS. As a group, equities analysts predict that Dominion Energy Inc. will post 3.39 earnings per share for the current year.

Dominion Energy Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Saturday, December 20th. Investors of record on Friday, December 5th were paid a dividend of $0.6675 per share. The ex-dividend date was Friday, December 5th. This represents a $2.67 dividend on an annualized basis and a dividend yield of 4.6%. Dominion Energy’s payout ratio is 90.82%.

Analyst Upgrades and Downgrades

D has been the topic of several recent analyst reports. Morgan Stanley increased their price objective on Dominion Energy from $63.00 to $66.00 and gave the company an “equal weight” rating in a research report on Wednesday, October 22nd. Barclays lifted their price target on shares of Dominion Energy from $63.00 to $64.00 and gave the stock an “overweight” rating in a research note on Wednesday, December 17th. BMO Capital Markets lowered their price objective on shares of Dominion Energy from $67.00 to $65.00 and set a “market perform” rating on the stock in a research report on Monday, November 3rd. Evercore ISI began coverage on shares of Dominion Energy in a report on Tuesday, October 7th. They issued an “in-line” rating and a $67.00 target price on the stock. Finally, BTIG Research initiated coverage on shares of Dominion Energy in a research note on Wednesday, October 22nd. They set a “neutral” rating for the company. Two investment analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, Dominion Energy has a consensus rating of “Hold” and a consensus price target of $64.75.

More Dominion Energy News

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

• Positive Sentiment: Large trader activity in call options suggests short‑term bullish positioning that can prop up the share price as investors bet on a rebound or positive resolution to the wind‑project uncertainty. Traders Purchase Large Volume of Dominion Energy Call Options (NYSE:D)
• Positive Sentiment: Virginia state regulators cleared the controversial Chesterfield peaker plant, removing a local permitting overhang and preserving near‑term capacity/revenue options for Dominion’s generation business. That regulatory win reduces a specific regional uncertainty. State regulators clear controversial Chesterfield peaker plant
• Neutral Sentiment: Dominion warns offshore wind delays are costly and has outlined mechanisms by which customers could ultimately bear some of the delay costs, a development that could mute investor concern about stranded costs but raises regulatory/PR risk. How Dominion Energy customers could pay for offshore wind delays
• Neutral Sentiment: Dominion filed suit against the Interior/Trump administration seeking to reverse the federal pause on its Virginia offshore wind project and to recover damages; the company says the pause is “arbitrary and illegal” and estimates multimillion‑dollar daily losses. The suit signals Dominion will fight to restart the project but outcome/timing remain uncertain. Dominion Energy Sues Interior Over Offshore Wind Suspension (1)
• Negative Sentiment: The federal government has paused Dominion’s major offshore wind project, citing national‑security concerns — an immediate setback for the company’s long‑term renewables growth plans and a potential source of lost revenue, project cost escalation and regulatory uncertainty. That pause is the core driver of the current news cycle and the reason legal and financial responses are now front‑and‑center. Dominion offshore wind project paused over cited national security concerns

Dominion Energy 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.