World Equity Group Inc. Makes New $544,000 Investment in Dominion Energy Inc. $D

World Equity Group Inc. purchased a new position in Dominion Energy Inc. (NYSE:D) in the second quarter, according to its most recent disclosure with the SEC. The institutional investor purchased 7,961 shares of the utilities provider’s stock, valued at approximately $544,000.

A number of other hedge funds have also made changes to their positions in the stock. North Dakota State Investment Board acquired a new position in Dominion Energy in the fourth quarter worth approximately $1,715,000. Vanguard Group Inc. grew its position in Dominion Energy by 0.9% during the fourth quarter. Vanguard Group Inc. now owns 107,099,758 shares of the utilities provider’s stock valued at $6,274,975,000 after purchasing an additional 940,838 shares in the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. raised its holdings in shares of Dominion Energy by 6.4% during the fourth quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 1,818,876 shares of the utilities provider’s stock worth $107,750,000 after acquiring an additional 109,146 shares in the last quarter. Fideuram Intesa Sanpaolo Private Banking S.P.A. acquired a new stake in shares of Dominion Energy during the 4th quarter valued at about $2,739,000. Finally, Callahan Advisors LLC bought a new stake in Dominion Energy in the fourth quarter worth approximately $1,657,000. Institutional investors and hedge funds own 73.04% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have recently issued reports on D shares. Jefferies Financial Group upgraded Dominion Energy from a “hold” rating to a “buy” rating and upped their price target for the stock from $65.00 to $76.00 in a research note on Thursday, May 28th. Wall Street Zen lowered shares of Dominion Energy from a “hold” rating to a “sell” rating in a research report on Saturday, May 16th. BMO Capital Markets lifted their price target on shares of Dominion Energy from $64.00 to $70.00 and gave the company a “market perform” rating in a report on Wednesday, July 22nd. Mizuho boosted their price objective on shares of Dominion Energy from $66.00 to $72.00 and gave the stock a “neutral” rating in a research report on Tuesday, May 26th. Finally, Wells Fargo & Company lifted their price objective on Dominion Energy from $66.00 to $68.00 and gave the stock an “overweight” rating in a research note on Friday, May 15th. Four investment analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $68.00.

Dominion Energy Trading Down 0.4%

Shares of D stock opened at $67.14 on Tuesday. The company has a debt-to-equity ratio of 1.43, a quick ratio of 0.64 and a current ratio of 0.81. Dominion Energy Inc. has a fifty-two week low of $55.85 and a fifty-two week high of $72.99. The company has a market cap of $59.05 billion, a PE ratio of 23.39 and a beta of 0.65. The stock’s fifty day moving average price is $68.93 and its two-hundred day moving average price is $65.16.

Dominion Energy (NYSE:D) last issued its quarterly earnings data on Friday, July 31st. The utilities provider reported $0.79 EPS for the quarter, beating the consensus estimate of $0.68 by $0.11. The business had revenue of $4.48 billion during the quarter, compared to the consensus estimate of $4.04 billion. Dominion Energy had a net margin of 13.98% and a return on equity of 9.62%. The firm’s revenue was up 17.6% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.75 EPS. Dominion Energy has set its FY 2026 guidance at 3.450-3.690 EPS. Equities analysts predict that Dominion Energy Inc. will post 3.57 EPS for the current fiscal year.

Dominion Energy Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Sunday, September 20th. Stockholders of record on Friday, September 4th will be issued a dividend of $0.6675 per share. This represents a $2.67 annualized dividend and a dividend yield of 4.0%. The ex-dividend date is Friday, September 4th. Dominion Energy’s payout ratio is 93.03%.

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.