Bradley Foster & Sargent Inc. CT lowered its position in shares of Dominion Energy Inc. (NYSE:D – Free Report) by 28.2% in the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 30,500 shares of the utilities provider’s stock after selling 11,955 shares during the quarter. Bradley Foster & Sargent Inc. CT’s holdings in Dominion Energy were worth $1,866,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds have also modified their holdings of the business. CoreFirst Bank & Trust acquired a new stake in Dominion Energy in the 2nd quarter worth about $25,000. Westside Investment Management Inc. increased its holdings in shares of Dominion Energy by 123.3% during the second quarter. Westside Investment Management Inc. now owns 469 shares of the utilities provider’s stock worth $27,000 after purchasing an additional 259 shares during the period. United Community Bank bought a new position in shares of Dominion Energy during the third quarter worth approximately $29,000. Hanson & Doremus Investment Management acquired a new stake in shares of Dominion Energy in the third quarter valued at approximately $31,000. Finally, Twin Peaks Wealth Advisors LLC bought a new stake in shares of Dominion Energy in the second quarter valued at approximately $32,000. 73.04% of the stock is currently owned by institutional investors and hedge funds.
Dominion Energy Price Performance
D stock opened at $63.34 on Friday. The stock has a market cap of $55.66 billion, a price-to-earnings ratio of 18.41, a P/E/G ratio of 1.72 and a beta of 0.71. The company has a debt-to-equity ratio of 1.36, a current ratio of 0.77 and a quick ratio of 0.65. The company has a 50 day simple moving average of $61.10 and a 200 day simple moving average of $60.64. Dominion Energy Inc. has a 1 year low of $48.07 and a 1 year high of $67.57.
Dominion Energy Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Friday, March 20th. Stockholders of record on Friday, February 27th will be paid a dividend of $0.6675 per share. This represents a $2.67 dividend on an annualized basis and a dividend yield of 4.2%. The ex-dividend date of this dividend is Friday, February 27th. Dominion Energy’s dividend payout ratio (DPR) is presently 90.82%.
Analysts Set New Price Targets
D has been the topic of a number of recent research reports. JPMorgan Chase & Co. lowered their price objective on Dominion Energy from $62.00 to $59.00 and set an “underweight” rating on the stock in a research note on Thursday, December 11th. BMO Capital Markets decreased their price target on 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. Barclays cut their price objective on shares of Dominion Energy from $64.00 to $63.00 and set an “overweight” rating for the company in a research report on Thursday, January 22nd. Wells Fargo & Company decreased their target price on shares of Dominion Energy from $67.00 to $64.00 and set an “overweight” rating on the stock in a report on Tuesday, January 20th. Finally, Weiss Ratings raised shares of Dominion Energy from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday, February 9th. Three research analysts have rated the stock with a Buy rating, nine have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $64.50.
Check Out Our Latest Stock Report on Dominion Energy
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.
Further Reading
- Five stocks we like better than Dominion Energy
- The gold chart Wall Street is terrified of…
- America’s 1776 happening again
- This makes me furious
- Buy this Gold Stock Before May 2026
- What a Former CIA Agent Knows About the Coming Collapse
Want to see what other hedge funds are holding D? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Dominion Energy Inc. (NYSE:D – Free Report).
Receive News & Ratings for Dominion Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Dominion Energy and related companies with MarketBeat.com's FREE daily email newsletter.
