Kestra Private Wealth Services LLC Purchases 7,796 Shares of Dominion Energy Inc. $D

Kestra Private Wealth Services LLC lifted its holdings in Dominion Energy Inc. (NYSE:D) by 12.6% in the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 69,549 shares of the utilities provider’s stock after purchasing an additional 7,796 shares during the quarter. Kestra Private Wealth Services LLC’s holdings in Dominion Energy were worth $4,300,000 at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. AustralianSuper Pty Ltd boosted its holdings in shares of Dominion Energy by 1,785.9% in the 3rd quarter. AustralianSuper Pty Ltd now owns 519,100 shares of the utilities provider’s stock worth $31,753,000 after purchasing an additional 491,574 shares during the period. CWA Asset Management Group LLC raised its holdings in Dominion Energy by 192.1% during the 4th quarter. CWA Asset Management Group LLC now owns 37,068 shares of the utilities provider’s stock valued at $2,172,000 after buying an additional 24,376 shares during the period. Wellington Management Group LLP raised its holdings in 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 buying an additional 1,298,881 shares during the period. SageView Advisory Group LLC lifted its position in Dominion Energy by 100.8% in the third quarter. SageView Advisory Group LLC now owns 56,167 shares of the utilities provider’s stock worth $3,436,000 after buying an additional 28,199 shares during the last quarter. Finally, Capital Research Global Investors boosted its stake in Dominion Energy by 22.4% during the third quarter. Capital Research Global Investors now owns 54,850,042 shares of the utilities provider’s stock worth $3,355,175,000 after buying an additional 10,049,691 shares during the period. Institutional investors own 73.04% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on D. Bank of America increased their target price on shares of Dominion Energy from $63.00 to $65.00 and gave the company a “neutral” rating in a research note on Wednesday, April 15th. Wall Street Zen downgraded shares of Dominion Energy from a “hold” rating to a “sell” rating in a report on Saturday, May 16th. Seaport Research Partners lowered shares of Dominion Energy from a “buy” rating to a “hold” rating in a research report on Wednesday, May 20th. Scotiabank raised their price objective on shares of Dominion Energy from $63.00 to $67.00 and gave the stock a “sector perform” rating in a research note on Monday, March 2nd. Finally, Truist Financial dropped their target price on Dominion Energy from $67.00 to $66.00 and set a “hold” rating for the company in a research report on Friday, May 29th. Four analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, Dominion Energy has an average rating of “Hold” and a consensus price target of $67.62.

Dominion Energy Trading Down 0.2%

Shares of D opened at $69.40 on Friday. The company has a 50-day moving average of $65.48 and a 200 day moving average of $62.80. The company has a debt-to-equity ratio of 1.38, a current ratio of 0.78 and a quick ratio of 0.61. Dominion Energy Inc. has a 1-year low of $55.14 and a 1-year high of $70.17. The firm has a market capitalization of $61.03 billion, a price-to-earnings ratio of 20.53 and a beta of 0.65.

Dominion Energy (NYSE:D) last announced its quarterly earnings results on Friday, May 1st. The utilities provider reported $0.95 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.90 by $0.05. The firm had revenue of $5.02 billion during the quarter, compared to analyst estimates of $4.43 billion. Dominion Energy had a return on equity of 9.63% and a net margin of 16.93%.Dominion Energy’s quarterly revenue was up 23.1% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.93 earnings per share. Dominion Energy has set its FY 2026 guidance at 3.450-3.690 EPS. On average, research analysts expect that Dominion Energy Inc. will post 3.59 EPS for the current year.

Dominion Energy Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Saturday, June 20th. Stockholders of record on Friday, May 29th were given a dividend of $0.6675 per share. The ex-dividend date of this dividend was Friday, May 29th. This represents a $2.67 dividend on an annualized basis and a dividend yield of 3.8%. Dominion Energy’s dividend payout ratio is presently 78.99%.

Dominion Energy 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.