Kanawha Capital Management LLC Buys 10,275 Shares of Dominion Energy Inc. $D

Kanawha Capital Management LLC boosted its stake in shares of Dominion Energy Inc. (NYSE:DFree 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 (NYSE:DGet Free Report) last announced its earnings results on Monday, February 23rd. The utilities provider reported $0.68 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.67 by $0.01. Dominion Energy had a return on equity of 9.67% and a net margin of 18.05%.The business had revenue of $4.09 billion during the quarter, compared to analyst estimates of $3.65 billion. During the same quarter in the previous year, the business earned $0.58 earnings per share. The company’s revenue for the quarter was up 20.4% compared to the same quarter last year. Dominion Energy has set its FY 2026 guidance at 3.450-3.690 EPS. On average, equities analysts predict that Dominion Energy Inc. will post 3.6 EPS for the current year.

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.

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Dominion Energy News Roundup

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About Dominion Energy

(Free Report)

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.

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Institutional Ownership by Quarter for Dominion Energy (NYSE:D)

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