American Century Companies Inc. Grows Position in Dominion Energy Inc. $D

American Century Companies Inc. raised its stake in shares of Dominion Energy Inc. (NYSE:D) by 7.9% in the 3rd quarter, according to its most recent disclosure with the SEC. The firm owned 4,589,127 shares of the utilities provider’s stock after purchasing an additional 334,267 shares during the period. American Century Companies Inc. owned 0.54% of Dominion Energy worth $280,717,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. CoreFirst Bank & Trust bought a new position in shares of Dominion Energy during the 2nd quarter valued at approximately $25,000. Westside Investment Management Inc. raised its stake in Dominion Energy by 123.3% during the 2nd quarter. Westside Investment Management Inc. now owns 469 shares of the utilities provider’s stock worth $27,000 after acquiring an additional 259 shares during the period. United Community Bank purchased a new position in Dominion Energy during the third quarter valued at approximately $29,000. Hanson & Doremus Investment Management bought a new position in shares of Dominion Energy in the third quarter worth approximately $31,000. Finally, Twin Peaks Wealth Advisors LLC bought a new position in shares of Dominion Energy in the second quarter worth approximately $32,000. Institutional investors own 73.04% of the company’s stock.

Analyst Upgrades and Downgrades

D has been the topic of several recent analyst reports. Barclays decreased their price objective on shares of Dominion Energy from $64.00 to $63.00 and set an “overweight” rating on the stock in a research report on Thursday, January 22nd. Weiss Ratings raised Dominion Energy from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday, February 9th. BMO Capital Markets lowered their price objective 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. Wells Fargo & Company cut their target price on Dominion Energy from $67.00 to $64.00 and set an “overweight” rating for the company in a research report on Tuesday, January 20th. Finally, TD Cowen assumed coverage on Dominion Energy in a research note on Friday, January 9th. They set a “hold” rating and a $65.00 target price on the stock. Three investment analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $64.50.

Dominion Energy Stock Performance

NYSE D opened at $63.00 on Friday. 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 stock’s 50 day simple moving average is $61.17 and its 200-day simple moving average is $60.64. The company has a market cap of $55.37 billion, a PE ratio of 18.31, a price-to-earnings-growth ratio of 1.71 and a beta of 0.71. Dominion Energy Inc. has a 1-year low of $48.07 and a 1-year high of $67.57.

Dominion Energy (NYSE:D) last posted its quarterly earnings data on Monday, February 23rd. The utilities provider reported $0.68 EPS for the quarter, beating the consensus estimate of $0.67 by $0.01. The firm had revenue of $4.09 billion during the quarter, compared to the consensus estimate of $3.65 billion. Dominion Energy had a return on equity of 9.67% and a net margin of 18.05%.The firm’s revenue was up 20.4% compared to the same quarter last year. During the same period in the prior year, the company earned $0.58 EPS. Dominion Energy has set its FY 2026 guidance at 3.450-3.690 EPS. As a group, equities research analysts anticipate that Dominion Energy Inc. will post 3.39 EPS for the current fiscal year.

Dominion Energy Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, March 20th. Stockholders of record on Friday, February 27th will be given a $0.6675 dividend. This represents a $2.67 dividend on an annualized basis and a dividend yield of 4.2%. The ex-dividend date is Friday, February 27th. Dominion Energy’s dividend payout ratio is 77.62%.

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.