Dominion Energy Inc. $D Shares Purchased by Burney Co.

Burney Co. raised its holdings in shares of Dominion Energy Inc. (NYSE:D) by 197.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 22,772 shares of the utilities provider’s stock after buying an additional 15,112 shares during the period. Burney Co.’s holdings in Dominion Energy were worth $1,334,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in the business. Vanguard Group Inc. lifted its holdings in shares of Dominion Energy by 0.3% during the 3rd quarter. Vanguard Group Inc. now owns 106,158,920 shares of the utilities provider’s stock valued at $6,493,741,000 after acquiring an additional 363,610 shares in the last quarter. Capital Research Global Investors lifted its holdings in shares of Dominion Energy by 22.4% during the 3rd quarter. Capital Research Global Investors now owns 54,850,042 shares of the utilities provider’s stock valued at $3,355,175,000 after acquiring an additional 10,049,691 shares in the last quarter. State Street Corp lifted its holdings in shares of Dominion Energy by 1.3% during the 3rd quarter. State Street Corp now owns 46,934,223 shares of the utilities provider’s stock valued at $2,870,966,000 after acquiring an additional 592,815 shares in the last quarter. Wellington Management Group LLP lifted its holdings in shares of Dominion Energy by 4.4% during the 3rd quarter. Wellington Management Group LLP now owns 30,746,146 shares of the utilities provider’s stock valued at $1,880,742,000 after acquiring an additional 1,298,881 shares in the last quarter. Finally, Bank of America Corp DE lifted its holdings in shares of Dominion Energy by 3.0% during the 3rd quarter. Bank of America Corp DE now owns 14,678,283 shares of the utilities provider’s stock valued at $897,871,000 after acquiring an additional 422,971 shares in the last quarter. Institutional investors and hedge funds own 73.04% of the company’s stock.

Analyst Ratings Changes

Several equities analysts recently weighed in on D shares. Scotiabank lifted their target price on shares of Dominion Energy from $63.00 to $67.00 and gave the company a “sector perform” rating in a report on Monday, March 2nd. Weiss Ratings upgraded shares of Dominion Energy from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday, February 9th. Wells Fargo & Company decreased their target price on shares of Dominion Energy from $67.00 to $64.00 and set an “overweight” rating for the company in a research note on Tuesday, January 20th. Jefferies Financial Group upped their target price on shares of Dominion Energy from $60.00 to $65.00 and gave the company a “hold” rating in a research note on Friday. Finally, TD Cowen began coverage on shares of Dominion Energy in a research note on Friday, January 9th. They issued a “hold” rating and a $65.00 target price for the company. Three investment analysts have rated the stock with a Buy rating, nine have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $65.45.

Dominion Energy Trading Down 1.9%

Dominion Energy stock opened at $62.99 on Tuesday. The firm’s 50-day moving average is $62.96 and its 200-day moving average is $61.12. The company has a debt-to-equity ratio of 1.36, a quick ratio of 0.59 and a current ratio of 0.77. Dominion Energy Inc. has a 1 year low of $51.42 and a 1 year high of $67.57. The company has a market cap of $55.36 billion, a P/E ratio of 18.31, a PEG ratio of 1.74 and a beta of 0.67.

Dominion Energy (NYSE:D) last posted its quarterly earnings results on Monday, February 23rd. The utilities provider reported $0.68 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.67 by $0.01. Dominion Energy had a net margin of 18.05% and a return on equity of 9.67%. The company had revenue of $4.09 billion for the quarter, compared to the consensus estimate of $3.65 billion. During the same period last year, the firm posted $0.58 EPS. The company’s revenue for the quarter was up 20.4% on a year-over-year basis. Dominion Energy has set its FY 2026 guidance at 3.450-3.690 EPS. On average, equities analysts expect that Dominion Energy Inc. will post 3.39 earnings per share for the current year.

Dominion Energy Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 20th. Stockholders of record on Friday, February 27th were paid 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 of this dividend was Friday, February 27th. Dominion Energy’s payout ratio is currently 77.62%.

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.