Dominion Energy Inc. $D Shares Purchased by Ilmarinen Mutual Pension Insurance Co

Ilmarinen Mutual Pension Insurance Co lifted its holdings in Dominion Energy Inc. (NYSE:D) by 41.5% in the 4th quarter, Holdings Channel.com reports. The firm owned 136,500 shares of the utilities provider’s stock after purchasing an additional 40,000 shares during the quarter. Ilmarinen Mutual Pension Insurance Co’s holdings in Dominion Energy were worth $7,998,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of D. Triumph Capital Management purchased a new position in shares of Dominion Energy in the 3rd quarter valued at about $28,000. United Community Bank purchased a new position in shares of Dominion Energy in the 3rd quarter valued at about $29,000. Costello Asset Management INC increased its stake in shares of Dominion Energy by 66.7% in the 4th quarter. Costello Asset Management INC now owns 500 shares of the utilities provider’s stock valued at $29,000 after purchasing an additional 200 shares in the last quarter. JPL Wealth Management LLC purchased a new position in shares of Dominion Energy in the 3rd quarter valued at about $30,000. Finally, Cornerstone Planning Group LLC increased its stake in shares of Dominion Energy by 5,080.0% in the 4th quarter. Cornerstone Planning Group LLC now owns 518 shares of the utilities provider’s stock valued at $31,000 after purchasing an additional 508 shares in the last quarter. Hedge funds and other institutional investors own 73.04% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on D. Truist Financial began coverage on Dominion Energy in a research note on Tuesday, April 21st. They issued a “hold” rating and a $67.00 price target for the company. Morgan Stanley cut their price target on Dominion Energy from $69.00 to $68.00 and set an “equal weight” rating for the company in a research note on Tuesday, April 21st. Weiss Ratings upgraded Dominion Energy from a “buy (b-)” rating to a “buy (b)” rating in a research note on Friday, May 22nd. Barclays lifted their price target on Dominion Energy from $66.00 to $70.00 and gave the company an “overweight” rating in a research note on Monday, May 4th. Finally, Seaport Research Partners lowered Dominion Energy from a “buy” rating to a “hold” rating in a research note on Wednesday, May 20th. Four research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock has an average rating of “Hold” and an average target price of $67.77.

Dominion Energy Price Performance

NYSE:D opened at $67.53 on Friday. Dominion Energy Inc. has a 12 month low of $53.36 and a 12 month high of $68.97. The stock has a 50 day moving average of $63.19 and a two-hundred day moving average of $61.86. The company has a current ratio of 0.78, a quick ratio of 0.61 and a debt-to-equity ratio of 1.38. The firm has a market cap of $59.39 billion, a P/E ratio of 19.98 and a beta of 0.65.

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

Dominion Energy Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Saturday, June 20th. Stockholders of record on Friday, May 29th will be issued a dividend of $0.6675 per share. The ex-dividend date of this dividend is Friday, May 29th. This represents a $2.67 dividend on an annualized basis and a dividend yield of 4.0%. 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.