Strategic Blueprint LLC Purchases 1,066 Shares of Dominion Energy Inc. $D

Strategic Blueprint LLC raised its position in shares of Dominion Energy Inc. (NYSE:D) by 13.3% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 9,054 shares of the utilities provider’s stock after acquiring an additional 1,066 shares during the quarter. Strategic Blueprint LLC’s holdings in Dominion Energy were worth $512,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of D. AlphaQuest LLC bought a new stake in shares of Dominion Energy in the 1st quarter worth approximately $27,000. VSM Wealth Advisory LLC bought a new stake in shares of Dominion Energy in the 1st quarter worth approximately $28,000. Dagco Inc. bought a new stake in shares of Dominion Energy in the 1st quarter worth approximately $31,000. ANTIPODES PARTNERS Ltd bought a new stake in shares of Dominion Energy in the 1st quarter worth approximately $34,000. Finally, N.E.W. Advisory Services LLC bought a new stake in shares of Dominion Energy in the 1st quarter worth approximately $34,000. 73.04% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

D has been the topic of a number of analyst reports. JPMorgan Chase & Co. boosted their price target on Dominion Energy from $56.00 to $59.00 and gave the stock an “underweight” rating in a research report on Thursday, August 21st. Weiss Ratings reissued a “hold (c+)” rating on shares of Dominion Energy in a research report on Friday. Barclays boosted their price target on Dominion Energy from $60.00 to $63.00 and gave the stock an “overweight” rating in a research report on Tuesday, October 7th. Evercore ISI started coverage on shares of Dominion Energy in a report on Tuesday, October 7th. They issued an “in-line” rating and a $67.00 price objective for the company. Finally, BTIG Research started coverage on shares of Dominion Energy in a report on Wednesday. They issued a “neutral” rating for the company. One analyst has rated the stock with a Buy rating, eight have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $62.43.

Dominion Energy Price Performance

Shares of NYSE D opened at $61.05 on Friday. The firm has a market cap of $52.10 billion, a P/E ratio of 21.05, a PEG ratio of 2.21 and a beta of 0.62. The company has a quick ratio of 0.49, a current ratio of 0.67 and a debt-to-equity ratio of 1.35. The company has a 50 day moving average of $60.40 and a 200 day moving average of $57.73. Dominion Energy Inc. has a twelve month low of $48.07 and a twelve month high of $62.52.

Dominion Energy (NYSE:D) last released its quarterly earnings results on Friday, August 1st. The utilities provider reported $0.75 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.77 by ($0.02). Dominion Energy had a return on equity of 9.68% and a net margin of 16.45%.The firm had revenue of $3.81 billion during the quarter, compared to analysts’ expectations of $3.73 billion. During the same quarter last year, the business earned $0.65 earnings per share. The business’s quarterly revenue was up 9.3% on a year-over-year basis. Dominion Energy has set its FY 2025 guidance at 3.280-3.520 EPS. As a group, research analysts expect that Dominion Energy Inc. will post 3.39 EPS for the current fiscal year.

Dominion Energy Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Saturday, September 20th. Shareholders of record on Friday, September 5th were given a $0.6675 dividend. This represents a $2.67 annualized dividend and a yield of 4.4%. The ex-dividend date of this dividend was Friday, September 5th. Dominion Energy’s dividend payout ratio (DPR) is presently 92.07%.

Insider Transactions at Dominion Energy

In other news, CEO Robert M. Blue bought 4,152 shares of the company’s stock in a transaction on Wednesday, August 27th. The shares were acquired at an average cost of $60.35 per share, with a total value of $250,573.20. Following the completion of the transaction, the chief executive officer owned 161,237 shares of the company’s stock, valued at approximately $9,730,652.95. This trade represents a 2.64% increase in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 0.11% of the company’s stock.

About Dominion Energy

Dominion Energy, Inc produces and distributes energy in the United States. It operates through three operating segments: Dominion Energy Virginia, Dominion Energy South Carolina, and Contracted Energy. The Dominion Energy Virginia segment generates, transmits, and distributes regulated electricity to approximately 2.8 million residential, commercial, industrial, and governmental customers in Virginia and North Carolina.