16,144 Shares in Dominion Energy Inc. $D Purchased by Trust Co. of Vermont

Trust Co. of Vermont purchased a new stake in shares of Dominion Energy Inc. (NYSE:D) in the 2nd quarter, HoldingsChannel.com reports. The firm purchased 16,144 shares of the utilities provider’s stock, valued at approximately $1,102,000.

Several other hedge funds have also added to or reduced their stakes in D. Motiv8 Investments LLC purchased a new position in Dominion Energy in the fourth quarter valued at about $25,000. Blueline Advisors LLC purchased a new stake in shares of Dominion Energy during the 4th quarter worth approximately $28,000. Triumph Capital Management purchased a new stake in shares of Dominion Energy during the 3rd quarter worth approximately $28,000. Costello Asset Management INC raised its holdings 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 worth $29,000 after purchasing an additional 200 shares during the period. Finally, Advocate Investing Services LLC bought a new stake in shares of Dominion Energy in the 4th quarter worth approximately $29,000. Institutional investors own 73.04% of the company’s stock.

Dominion Energy Stock Performance

NYSE:D opened at $68.64 on Wednesday. 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 52-week low of $55.85 and a 52-week high of $72.99. The firm has a market cap of $60.37 billion, a price-to-earnings ratio of 23.92 and a beta of 0.65. The business’s fifty day moving average is $69.20 and its 200 day moving average is $65.50.

Dominion Energy (NYSE:D) last issued its earnings results on Friday, July 31st. The utilities provider reported $0.79 EPS for the quarter, topping 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 return on equity of 9.62% and a net margin of 13.98%.The firm’s revenue was up 17.6% compared to the same quarter last year. During the same quarter last year, the company earned $0.75 EPS. Dominion Energy has set its FY 2026 guidance at 3.450-3.690 EPS. Research analysts predict that Dominion Energy Inc. will post 3.57 EPS for the current year.

Dominion Energy Announces Dividend

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 $0.6675 dividend. This represents a $2.67 dividend on an annualized basis and a dividend yield of 3.9%. The ex-dividend date of this dividend is Friday, September 4th. Dominion Energy’s dividend payout ratio is presently 93.03%.

Analysts Set New Price Targets

Several research firms recently commented on D. Wall Street Zen downgraded Dominion Energy from a “hold” rating to a “sell” rating in a research note on Saturday, May 16th. Morgan Stanley lowered their target price on Dominion Energy from $69.00 to $68.00 and set an “equal weight” rating on the stock in a research note on Tuesday, April 21st. Jefferies Financial Group raised Dominion Energy from a “hold” rating to a “buy” rating and upped their price target for the company from $65.00 to $76.00 in a research report on Thursday, May 28th. Barclays cut their price target on Dominion Energy from $70.00 to $69.00 and set an “overweight” rating for the company in a research note on Tuesday, June 23rd. Finally, Mizuho lifted their price objective on Dominion Energy from $66.00 to $72.00 and gave the stock a “neutral” rating in a report on Tuesday, May 26th. Five research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $68.00.

About Dominion Energy

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.