Oak Hill Wealth Advisors LLC Has $564,000 Stock Holdings in Dominion Energy Inc. $D

Oak Hill Wealth Advisors LLC grew its position in Dominion Energy Inc. (NYSE:D) by 10.0% during the 2nd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 10,012 shares of the utilities provider’s stock after purchasing an additional 907 shares during the period. Oak Hill Wealth Advisors LLC’s holdings in Dominion Energy were worth $564,000 as of its most recent filing with the SEC.

A number of other institutional investors have also made changes to their positions in D. AlphaQuest LLC bought a new position in shares of Dominion Energy in the first quarter valued at about $27,000. VSM Wealth Advisory LLC bought a new stake in shares of Dominion Energy in the 1st quarter valued at about $28,000. Dagco Inc. bought a new stake in shares of Dominion Energy in the 1st quarter valued at about $31,000. ANTIPODES PARTNERS Ltd acquired a new position in shares of Dominion Energy in the 1st quarter valued at approximately $34,000. Finally, N.E.W. Advisory Services LLC acquired a new position in shares of Dominion Energy in the 1st quarter valued at approximately $34,000. 73.04% of the stock is owned by institutional investors.

Dominion Energy Stock Performance

Dominion Energy stock opened at $61.57 on Friday. Dominion Energy Inc. has a 12-month low of $48.07 and a 12-month high of $62.46. The company has a quick ratio of 0.49, a current ratio of 0.67 and a debt-to-equity ratio of 1.35. The business’s 50-day moving average price is $60.25 and its two-hundred day moving average price is $56.97. The stock has a market cap of $52.55 billion, a PE ratio of 21.23, a P/E/G ratio of 1.33 and a beta of 0.62.

Dominion Energy (NYSE:D) last released its quarterly earnings results on Friday, August 1st. The utilities provider reported $0.75 earnings per share for the quarter, missing the consensus estimate of $0.77 by ($0.02). The firm had revenue of $3.81 billion for the quarter, compared to the consensus estimate of $3.73 billion. Dominion Energy had a return on equity of 9.68% and a net margin of 16.45%.The business’s revenue for the quarter was up 9.3% on a year-over-year basis. During the same quarter last year, the firm posted $0.65 earnings per share. Dominion Energy has set its FY 2025 guidance at 3.280-3.520 EPS. As a group, analysts expect that Dominion Energy Inc. will post 3.39 earnings per share for the current fiscal year.

Dominion Energy Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Saturday, September 20th. Shareholders of record on Friday, September 5th were paid a $0.6675 dividend. The ex-dividend date of this dividend was Friday, September 5th. This represents a $2.67 annualized dividend and a yield of 4.3%. Dominion Energy’s payout ratio is 92.07%.

Insider Transactions at Dominion Energy

In other Dominion Energy news, CEO Robert M. Blue purchased 4,152 shares of the company’s stock in a transaction on Wednesday, August 27th. The shares were purchased at an average cost of $60.35 per share, with a total value of $250,573.20. Following the completion of the purchase, the chief executive officer owned 161,237 shares in the company, valued at $9,730,652.95. This represents a 2.64% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 0.11% of the company’s stock.

Analyst Ratings Changes

Several brokerages have recently weighed in on D. Morgan Stanley decreased their price target on shares of Dominion Energy from $64.00 to $63.00 and set an “equal weight” rating for the company in a research note on Thursday, September 25th. JPMorgan Chase & Co. raised their price target on Dominion Energy from $56.00 to $59.00 and gave the company an “underweight” rating in a report on Thursday, August 21st. Finally, Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Dominion Energy in a report on Saturday, September 27th. One investment analyst has rated the stock with a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $60.33.

About Dominion Energy

Dominion Energy, Inc produces and distributes energy in the United States. It operates through three operating segments: Dominion Energy Virginia, Dominion Energy South Carolina, and Contracted Energy. The Dominion Energy Virginia segment generates, transmits, and distributes regulated electricity to approximately 2.8 million residential, commercial, industrial, and governmental customers in Virginia and North Carolina.