AustralianSuper Pty Ltd Sells 250,314 Shares of Dominion Energy Inc. $D

AustralianSuper Pty Ltd trimmed its position in shares of Dominion Energy Inc. (NYSE:D) by 48.2% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 268,786 shares of the utilities provider’s stock after selling 250,314 shares during the quarter. AustralianSuper Pty Ltd’s holdings in Dominion Energy were worth $15,748,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also bought and sold shares of D. Brighton Jones LLC boosted its position in Dominion Energy by 64.3% in the fourth quarter. Brighton Jones LLC now owns 9,081 shares of the utilities provider’s stock worth $489,000 after purchasing an additional 3,553 shares during the last quarter. Empowered Funds LLC grew its position in Dominion Energy by 8.3% during the first quarter. Empowered Funds LLC now owns 17,571 shares of the utilities provider’s stock valued at $985,000 after buying an additional 1,344 shares during the period. Woodline Partners LP grew its position in Dominion Energy by 40.7% during the first quarter. Woodline Partners LP now owns 70,968 shares of the utilities provider’s stock valued at $3,979,000 after buying an additional 20,522 shares during the period. Intech Investment Management LLC grew its position in Dominion Energy by 71.2% during the first quarter. Intech Investment Management LLC now owns 30,460 shares of the utilities provider’s stock valued at $1,708,000 after buying an additional 12,663 shares during the period. Finally, Schnieders Capital Management LLC. grew its position in Dominion Energy by 9.5% during the second quarter. Schnieders Capital Management LLC. now owns 124,573 shares of the utilities provider’s stock valued at $7,041,000 after buying an additional 10,775 shares during the period. 73.04% of the stock is owned by hedge funds and other institutional investors.

Dominion Energy Price Performance

Shares of NYSE:D opened at $61.83 on Friday. 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 $53.36 and a 1-year high of $67.57. The company has a market capitalization of $54.37 billion, a P/E ratio of 18.29, a P/E/G ratio of 3.31 and a beta of 0.65. The firm’s 50 day simple moving average is $62.34 and its two-hundred day simple moving average is $61.35.

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

Dominion Energy Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Saturday, June 20th. Investors of record on Friday, May 29th will be issued a $0.6675 dividend. The ex-dividend date of this dividend is Friday, May 29th. This represents a $2.67 annualized dividend and a yield of 4.3%. Dominion Energy’s dividend payout ratio is currently 78.99%.

Analyst Ratings Changes

D has been the subject of several recent research reports. Mizuho boosted their target price on shares of Dominion Energy from $62.00 to $66.00 and gave the company a “neutral” rating in a research report on Tuesday, February 24th. Morgan Stanley reduced their price objective 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. Jefferies Financial Group upped their price objective on Dominion Energy from $60.00 to $65.00 and gave the stock a “hold” rating in a research note on Friday, April 10th. Barclays upped their price objective on Dominion Energy from $66.00 to $70.00 and gave the stock an “overweight” rating in a research note on Monday, May 4th. Finally, Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Dominion Energy in a research note on Friday, May 8th. Three research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, Dominion Energy presently has an average rating of “Hold” and a consensus target price of $66.31.

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.