Kanawha Capital Management LLC boosted its stake in shares of Dominion Energy Inc. (NYSE:D – Free Report) by 4.8% during the 4th quarter, HoldingsChannel reports. The fund owned 223,682 shares of the utilities provider’s stock after purchasing an additional 10,275 shares during the period. Kanawha Capital Management LLC’s holdings in Dominion Energy were worth $13,106,000 at the end of the most recent quarter.
Several other large investors also recently added to or reduced their stakes in the stock. Sovereign Financial Group Inc. increased its stake in Dominion Energy by 1.2% during the third quarter. Sovereign Financial Group Inc. now owns 14,138 shares of the utilities provider’s stock worth $865,000 after acquiring an additional 169 shares during the last quarter. Tokio Marine Asset Management Co. Ltd. increased its stake in Dominion Energy by 0.4% during the third quarter. Tokio Marine Asset Management Co. Ltd. now owns 39,145 shares of the utilities provider’s stock worth $2,394,000 after acquiring an additional 169 shares during the last quarter. Mather Group LLC. increased its stake in Dominion Energy by 3.4% during the fourth quarter. Mather Group LLC. now owns 5,400 shares of the utilities provider’s stock worth $316,000 after acquiring an additional 178 shares during the last quarter. Howard Capital Management Inc. increased its stake in Dominion Energy by 3.3% during the third quarter. Howard Capital Management Inc. now owns 5,659 shares of the utilities provider’s stock worth $346,000 after acquiring an additional 180 shares during the last quarter. Finally, Robinson Value Management Ltd. increased its stake in Dominion Energy by 0.3% during the third quarter. Robinson Value Management Ltd. now owns 70,438 shares of the utilities provider’s stock worth $4,309,000 after acquiring an additional 183 shares during the last quarter. 73.04% of the stock is owned by institutional investors.
Dominion Energy Stock Down 0.2%
Shares of NYSE:D opened at $60.95 on Thursday. Dominion Energy Inc. has a 1 year low of $52.53 and a 1 year high of $67.57. The business has a 50 day simple moving average of $62.88 and a two-hundred day simple moving average of $61.18. The firm has a market capitalization of $53.57 billion, a PE ratio of 17.72, a price-to-earnings-growth ratio of 3.21 and a beta of 0.67. The company has a debt-to-equity ratio of 1.36, a current ratio of 0.77 and a quick ratio of 0.59.
Dominion Energy Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Friday, March 20th. Shareholders of record on Friday, February 27th were given a dividend of $0.6675 per share. This represents a $2.67 annualized dividend and a dividend yield of 4.4%. The ex-dividend date was Friday, February 27th. Dominion Energy’s payout ratio is 77.62%.
Analyst Ratings Changes
Several equities research analysts have weighed in on the company. Mizuho boosted their price objective on Dominion Energy from $62.00 to $66.00 and gave the stock a “neutral” rating in a research note on Tuesday, February 24th. Scotiabank boosted their price objective on Dominion Energy from $63.00 to $67.00 and gave the stock a “sector perform” rating in a research note on Monday, March 2nd. Bank of America boosted their target price on Dominion Energy from $63.00 to $65.00 and gave the company a “neutral” rating in a research report on Wednesday, April 15th. Morgan Stanley dropped their target price on Dominion Energy from $69.00 to $68.00 and set an “equal weight” rating for the company in a research report on Tuesday. Finally, Weiss Ratings upgraded Dominion Energy from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Monday, February 9th. Three equities research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, Dominion Energy presently has a consensus rating of “Hold” and a consensus target price of $65.69.
Dominion Energy News Roundup
Here are the key news stories impacting Dominion Energy this week:
- Positive Sentiment: Seeking Alpha highlights D as a “discounted utility” with a premium yield and a clear growth runway from a $64.7B capital plan through 2030 focused on grid and gas infrastructure — supports long?term rate?base growth and dividend stability. Dominion Energy: A Discounted Utility With A Premium Yield
- Positive Sentiment: Analyst commentary from Zacks/Yahoo notes Dominion’s strong earnings?surprise history and argues the firm has the setup to beat again — an earnings beat would likely lift the stock. Will Dominion Energy (D) Beat Estimates Again in Its Next Earnings Report?
- Positive Sentiment: EdgeCore’s $1.5B financing for hyperscale data centers in Northern Virginia underscores stronger AI/data?center demand in Dominion’s territory — boosts power demand and potential rate filings/earnings over time. EdgeCore Digital Infrastructure Secures $1.5 Billion of Construction Financing for Two Fully Leased Hyperscale Data Centers in Northern Virginia
- Neutral Sentiment: Truist initiated coverage with a “hold” rating and $67 target (roughly mid?single?digit upside from current levels) — signals steady outlook but not a buy trigger. Truist Securities initiates coverage of Dominion Energy (D) with hold recommendation
- Neutral Sentiment: Morgan Stanley trimmed its price target modestly from $69 to $68 and keeps an “equal weight” rating — a mild analyst downgrade in optimism but not a large change in stance. Benzinga
- Negative Sentiment: Market commentary notes D shares have dipped with the broader market today, reflecting investor caution ahead of earnings and rate?case sensitivity. Dominion Energy (D) Dips More Than Broader Market: What You Should Know
- Negative Sentiment: Pre?earnings notes (Barchart/MSN) flag analysts expect a single?digit decline in Q1 EPS — sets a lower bar and increases downside risk if results or guidance miss. What You Need To Know Ahead of Dominion Energy’s Earnings Release
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.
Featured Articles
Want to see what other hedge funds are holding D? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Dominion Energy Inc. (NYSE:D – Free Report).
Receive News & Ratings for Dominion Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Dominion Energy and related companies with MarketBeat.com's FREE daily email newsletter.
