Perigon Wealth Management LLC Purchases 9,373 Shares of Dominion Energy Inc. $D

Perigon Wealth Management LLC grew its position in Dominion Energy Inc. (NYSE:D) by 56.1% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 26,085 shares of the utilities provider’s stock after buying an additional 9,373 shares during the quarter. Perigon Wealth Management LLC’s holdings in Dominion Energy were worth $1,528,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the company. Barnes Wealth Management Group Inc grew its holdings in Dominion Energy by 4.4% during the 2nd quarter. Barnes Wealth Management Group Inc now owns 3,970 shares of the utilities provider’s stock worth $224,000 after acquiring an additional 169 shares in the last quarter. Sovereign Financial Group Inc. increased its position in Dominion Energy by 1.2% during the 3rd quarter. Sovereign Financial Group Inc. now owns 14,138 shares of the utilities provider’s stock valued at $865,000 after purchasing an additional 169 shares during the period. Tokio Marine Asset Management Co. Ltd. raised its holdings in shares of 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 valued at $2,394,000 after purchasing an additional 169 shares in the last quarter. Mather Group LLC. lifted its position in shares of Dominion Energy by 3.4% in the 4th quarter. Mather Group LLC. now owns 5,400 shares of the utilities provider’s stock worth $316,000 after purchasing an additional 178 shares during the period. Finally, Howard Capital Management Inc. lifted its position in shares of Dominion Energy by 3.3% in the 3rd quarter. Howard Capital Management Inc. now owns 5,659 shares of the utilities provider’s stock worth $346,000 after purchasing an additional 180 shares during the period. Hedge funds and other institutional investors own 73.04% of the company’s stock.

Dominion Energy Trading Down 0.0%

NYSE D opened at $62.77 on Monday. Dominion Energy Inc. has a 52 week low of $48.07 and a 52 week high of $67.57. The company has a 50 day moving average price of $62.64 and a 200 day moving average price of $61.00. The company has a quick ratio of 0.59, a current ratio of 0.77 and a debt-to-equity ratio of 1.36. The firm has a market cap of $55.17 billion, a PE ratio of 18.25, a price-to-earnings-growth ratio of 1.70 and a beta of 0.67.

Dominion Energy (NYSE:D) last announced its earnings results on Monday, February 23rd. The utilities provider reported $0.68 earnings per share for the quarter, beating the consensus estimate 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 during the quarter, compared to the consensus estimate of $3.65 billion. During the same period last year, the firm earned $0.58 earnings per share. Dominion Energy’s revenue was up 20.4% compared to the same quarter last year. Dominion Energy has set its FY 2026 guidance at 3.450-3.690 EPS. As a group, sell-side analysts forecast that Dominion Energy Inc. will post 3.39 EPS for the current fiscal year.

Dominion Energy Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 20th. Stockholders of record on Friday, February 27th were given a $0.6675 dividend. The ex-dividend date of this dividend was Friday, February 27th. This represents a $2.67 dividend on an annualized basis and a dividend yield of 4.3%. Dominion Energy’s dividend payout ratio (DPR) is presently 77.62%.

Analysts Set New Price Targets

Several equities analysts recently issued reports on D shares. TD Cowen assumed coverage on shares of Dominion Energy in a report on Friday, January 9th. They set a “hold” rating and a $65.00 price objective on the stock. Weiss Ratings upgraded Dominion Energy from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday, February 9th. Mizuho increased their target price on Dominion Energy from $62.00 to $66.00 and gave the company a “neutral” rating in a research report on Tuesday, February 24th. Wells Fargo & Company cut their price target on Dominion Energy from $67.00 to $64.00 and set an “overweight” rating on the stock in a report on Tuesday, January 20th. Finally, Barclays reduced their price target on Dominion Energy from $64.00 to $63.00 and set an “overweight” rating for the company in a research report on Thursday, January 22nd. Three equities research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $65.20.

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.