Janney Montgomery Scott LLC Cuts Stock Position in Dominion Energy Inc. $D

Janney Montgomery Scott LLC lessened its stake in shares of Dominion Energy Inc. (NYSE:D) by 1.3% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 692,160 shares of the utilities provider’s stock after selling 9,040 shares during the period. Janney Montgomery Scott LLC owned approximately 0.08% of Dominion Energy worth $42,789,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Motiv8 Investments LLC bought a new position in Dominion Energy in the 4th quarter worth about $25,000. Triumph Capital Management purchased a new stake in Dominion Energy during the 3rd quarter valued at about $28,000. Blueline Advisors LLC bought a new stake in Dominion Energy during the 4th quarter valued at about $28,000. Costello Asset Management INC raised its holdings in Dominion Energy by 66.7% in the fourth 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 last quarter. Finally, Advocate Investing Services LLC purchased a new position in Dominion Energy in the fourth quarter worth about $29,000. Hedge funds and other institutional investors own 73.04% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have recently commented on the stock. Bank of America increased their price target on shares of Dominion Energy from $63.00 to $65.00 and gave the company a “neutral” rating in a report on Wednesday, April 15th. Mizuho upped their price objective on Dominion Energy from $66.00 to $72.00 and gave the company a “neutral” rating in a research report on Tuesday, May 26th. Jefferies Financial Group raised Dominion Energy from a “hold” rating to a “buy” rating and upped their price objective for the company from $65.00 to $76.00 in a research report on Thursday, May 28th. Wells Fargo & Company lifted their target price on Dominion Energy from $66.00 to $68.00 and gave the stock an “overweight” rating in a report on Friday, May 15th. Finally, Royal Bank Of Canada lifted their target price on Dominion Energy from $66.00 to $72.00 and gave the stock a “sector perform” rating in a report on Tuesday, May 19th. Four research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, Dominion Energy currently has an average rating of “Hold” and a consensus price target of $67.62.

Dominion Energy Trading Up 0.0%

NYSE:D opened at $69.40 on Monday. The company has a current ratio of 0.78, a quick ratio of 0.61 and a debt-to-equity ratio of 1.38. Dominion Energy Inc. has a 12 month low of $55.14 and a 12 month high of $70.17. The company has a market cap of $61.03 billion, a PE ratio of 20.53 and a beta of 0.65. The company has a 50 day simple moving average of $65.48 and a two-hundred day simple moving average of $62.83.

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

Dominion Energy Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Saturday, June 20th. Investors of record on Friday, May 29th were given a dividend of $0.6675 per share. This represents a $2.67 dividend on an annualized basis and a yield of 3.8%. The ex-dividend date was Friday, May 29th. Dominion Energy’s dividend payout ratio is 78.99%.

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.