Nissay Asset Management Corp Japan Increases Stock Position in Dominion Energy Inc. $D

Nissay Asset Management Corp Japan lifted its position in shares of Dominion Energy Inc. (NYSE:D) by 7.0% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 117,488 shares of the utilities provider’s stock after buying an additional 7,656 shares during the period. Nissay Asset Management Corp Japan’s holdings in Dominion Energy were worth $8,023,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in D. Motiv8 Investments LLC acquired a new stake in Dominion Energy during the fourth quarter worth about $25,000. Blueline Advisors LLC acquired a new position in shares of Dominion Energy in the 4th quarter valued at about $28,000. Triumph Capital Management acquired a new position in shares of Dominion Energy in the 3rd quarter valued at about $28,000. Costello Asset Management INC grew its holdings in shares of Dominion Energy by 66.7% during the 4th quarter. Costello Asset Management INC now owns 500 shares of the utilities provider’s stock worth $29,000 after purchasing an additional 200 shares during the period. Finally, Advocate Investing Services LLC acquired a new stake in Dominion Energy during the 4th quarter worth approximately $29,000. Institutional investors and hedge funds own 73.04% of the company’s stock.

Wall Street Analyst Weigh In

D has been the topic of several research reports. Wall Street Zen lowered shares of Dominion Energy from a “hold” rating to a “sell” rating in a report on Saturday, May 16th. UBS Group set a $80.00 price objective on shares of Dominion Energy in a research note on Wednesday, August 19th. Royal Bank Of Canada increased their price objective on shares of Dominion Energy from $66.00 to $72.00 and gave the stock a “sector perform” rating in a research report on Tuesday, May 19th. Weiss Ratings reissued a “buy (b)” rating on shares of Dominion Energy in a research note on Wednesday, August 19th. Finally, Morgan Stanley reduced their target price on shares of Dominion Energy from $71.00 to $68.00 and set an “equal weight” rating on the stock in a report on Friday, August 21st. Five analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $69.93.

Dominion Energy Price Performance

D stock opened at $65.50 on Monday. The company has a debt-to-equity ratio of 1.43, a quick ratio of 0.64 and a current ratio of 0.81. Dominion Energy Inc. has a 1 year low of $55.85 and a 1 year high of $72.99. The firm has a market cap of $57.61 billion, a P/E ratio of 22.82 and a beta of 0.65. The stock has a 50-day simple moving average of $69.03 and a 200-day simple moving average of $65.80.

Dominion Energy (NYSE:D) last released its quarterly earnings results on Friday, July 31st. The utilities provider reported $0.79 EPS for the quarter, topping the consensus estimate of $0.68 by $0.11. The firm had revenue of $4.48 billion for the quarter, compared to analyst estimates of $4.04 billion. Dominion Energy had a return on equity of 9.62% and a net margin of 13.98%.Dominion Energy’s revenue for the quarter was up 17.6% on a year-over-year basis. During the same period in the previous year, the company posted $0.75 EPS. 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 3.57 earnings per share for the current fiscal year.

Dominion Energy Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Sunday, September 20th. Stockholders of record on Friday, September 4th will be given a dividend of $0.6675 per share. This represents a $2.67 dividend on an annualized basis and a dividend yield of 4.1%. The ex-dividend date of this dividend is Friday, September 4th. Dominion Energy’s payout ratio is presently 93.03%.

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.