Dominion Energy Inc. $D Shares Acquired by Assetmark Inc.

Assetmark Inc. increased its stake in Dominion Energy Inc. (NYSE:D) by 43.9% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 59,015 shares of the utilities provider’s stock after acquiring an additional 17,990 shares during the period. Assetmark Inc.’s holdings in Dominion Energy were worth $3,610,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in D. Barnes Wealth Management Group Inc boosted its holdings in shares of Dominion Energy by 4.4% in the second quarter. Barnes Wealth Management Group Inc now owns 3,970 shares of the utilities provider’s stock worth $224,000 after buying an additional 169 shares during the period. Sovereign Financial Group Inc. lifted its position in shares of Dominion Energy by 1.2% in the 3rd quarter. Sovereign Financial Group Inc. now owns 14,138 shares of the utilities provider’s stock valued at $865,000 after acquiring an additional 169 shares in the last quarter. Tokio Marine Asset Management Co. Ltd. boosted its stake in Dominion Energy by 0.4% in the 3rd quarter. Tokio Marine Asset Management Co. Ltd. now owns 39,145 shares of the utilities provider’s stock worth $2,394,000 after purchasing an additional 169 shares during the period. Howard Capital Management Inc. raised its stake in Dominion Energy by 3.3% during the 3rd quarter. Howard Capital Management Inc. now owns 5,659 shares of the utilities provider’s stock valued at $346,000 after purchasing an additional 180 shares during the period. Finally, Redwood Investment Management LLC lifted its holdings in shares of Dominion Energy by 0.6% in the second quarter. Redwood Investment Management LLC now owns 31,778 shares of the utilities provider’s stock valued at $1,796,000 after purchasing an additional 183 shares in the last quarter. 73.04% of the stock is currently owned by institutional investors and hedge funds.

Dominion Energy Stock Performance

NYSE D opened at $64.58 on Thursday. Dominion Energy Inc. has a twelve month low of $48.07 and a twelve month high of $67.57. The company has a quick ratio of 0.65, a current ratio of 0.84 and a debt-to-equity ratio of 1.41. The stock has a market cap of $55.15 billion, a P/E ratio of 21.97, a PEG ratio of 1.78 and a beta of 0.71. The company’s 50-day simple moving average is $60.51 and its 200 day simple moving average is $60.50.

Dominion Energy Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, March 20th. Shareholders of record on Friday, February 27th will be issued a dividend of $0.6675 per share. The ex-dividend date is Friday, February 27th. This represents a $2.67 dividend on an annualized basis and a yield of 4.1%. Dominion Energy’s dividend payout ratio (DPR) is 90.82%.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on D shares. JPMorgan Chase & Co. reduced their price target on shares of Dominion Energy from $62.00 to $59.00 and set an “underweight” rating for the company in a research report on Thursday, December 11th. BTIG Research initiated coverage on shares of Dominion Energy in a research note on Wednesday, October 22nd. They issued a “neutral” rating on the stock. Morgan Stanley lifted their target price on shares of Dominion Energy from $63.00 to $66.00 and gave the company an “equal weight” rating in a research note on Wednesday, October 22nd. Wells Fargo & Company lowered their price target 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, BMO Capital Markets cut their price objective on Dominion Energy from $67.00 to $65.00 and set a “market perform” rating for the company in a report on Monday, November 3rd. Three investment analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, Dominion Energy has an average rating of “Hold” and an average target price of $64.33.

Dominion Energy News Summary

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

• Positive Sentiment: PJM transmission approval improves visibility on major transmission buildouts and supports a higher regulated asset base and valuation for Dominion, a near-term catalyst for earnings and rate-base growth. Assessing Dominion Energy (D) Valuation After Major PJM Transmission Approval
• Positive Sentiment: Virginia SCC revived the Chesterfield gas plant’s air-permit appeal, putting the $1.47B gas plant proposal back on track — a large capital project that increases near-term spending and long-term rate base. That should support future regulated returns if construction proceeds. Dominion $1.47B gas plant proposal back on track in Chesterfield
• Positive Sentiment: Dominion is positioning for massive data-center load growth (reporting preparation for up to 70,000 MW demand in Virginia). Large incremental load offers a pathway to higher regulated revenues and multi-year contracted growth if the company secures customers. Dominion prepares for 70,000 MW in data center demand
• Neutral Sentiment: Analyst projections ahead of Q4 results provide guidance on key metrics (revenue, regulated earnings, capex outlook); these estimates set the bar for the upcoming earnings release and could magnify moves if actuals diverge. What Analyst Projections for Key Metrics Reveal About Dominion Energy (D) Q4 Earnings
• Negative Sentiment: Consumer complaints about rising energy bills are getting media attention and could prompt political or regulatory pressure (rate-case scrutiny, public hearings). That public backlash is a downside risk for near-term regulatory outcomes and sentiment. ‘Out of control’: Dominion Energy customers speak out about rising energy bills in the Valley (5 pm)
• Negative Sentiment: Shares recently declined even as the broader market improved, reflecting investor caution around regulatory news, rate-case risk, and near-term execution on big projects; watch next earnings and regulatory filings for confirmation. Dominion Energy (D) Stock Declines While Market Improves: Some Information for Investors

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.