Glenview Trust Co Takes Position in Dominion Energy Inc. $D

Glenview Trust Co acquired a new position in shares of Dominion Energy Inc. (NYSE:D) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 12,357 shares of the utilities provider’s stock, valued at approximately $844,000.

Several other institutional investors have also made changes to their positions in the business. Motiv8 Investments LLC bought a new position in Dominion Energy during the fourth quarter worth about $25,000. Triumph Capital Management bought a new stake in shares of Dominion Energy in the 3rd quarter valued at approximately $28,000. Blueline Advisors LLC acquired a new position in shares of Dominion Energy in the 4th quarter worth approximately $28,000. Costello Asset Management INC lifted its position in shares of Dominion Energy by 66.7% during the 4th quarter. Costello Asset Management INC now owns 500 shares of the utilities provider’s stock worth $29,000 after buying an additional 200 shares during the period. Finally, Advocate Investing Services LLC bought a new position in shares of Dominion Energy during the 4th quarter worth approximately $29,000. 73.04% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of analysts have weighed in on the company. Wall Street Zen cut Dominion Energy from a “hold” rating to a “sell” rating in a research report on Saturday, May 16th. Seaport Research Partners downgraded shares of Dominion Energy from a “buy” rating to a “hold” rating in a report on Wednesday, May 20th. Barclays reduced their price target on shares of Dominion Energy from $70.00 to $69.00 and set an “overweight” rating on the stock in a research report on Tuesday, June 23rd. UBS Group set a $80.00 price objective on shares of Dominion Energy in a report on Wednesday, August 19th. Finally, Royal Bank Of Canada increased their price target on Dominion Energy from $66.00 to $72.00 and gave the stock a “sector perform” rating in a research report on Tuesday, May 19th. Five equities research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, Dominion Energy has an average rating of “Hold” and an average target price of $69.93.

Dominion Energy Stock Performance

Shares of D stock opened at $65.50 on Friday. The stock has a 50-day moving average of $69.03 and a 200-day moving average of $65.78. Dominion Energy Inc. has a one year low of $55.85 and a one year high of $72.99. The stock has a market cap of $57.61 billion, a PE ratio of 22.82 and a beta of 0.65. The company has a debt-to-equity ratio of 1.43, a current ratio of 0.81 and a quick ratio of 0.64.

Dominion Energy (NYSE:D) last issued its earnings results 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 firm 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 business’s quarterly revenue was up 17.6% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.75 earnings per share. Dominion Energy has set its FY 2026 guidance at 3.450-3.690 EPS. As a group, sell-side analysts expect that Dominion Energy Inc. will post 3.57 earnings per share for the current year.

Dominion Energy Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Sunday, September 20th. Stockholders of record on Friday, September 4th will be paid a dividend of $0.6675 per share. This represents a $2.67 dividend on an annualized basis and a dividend yield of 4.1%. The ex-dividend date is Friday, September 4th. Dominion Energy’s dividend payout ratio (DPR) is currently 93.03%.

Dominion Energy Company 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.