Global Retirement Partners LLC Buys Shares of 23,424 Dominion Energy Inc. $D

Global Retirement Partners LLC acquired a new stake in Dominion Energy Inc. (NYSE:D) in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 23,424 shares of the utilities provider’s stock, valued at approximately $1,600,000.

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

Wall Street Analysts Forecast Growth

Several analysts recently commented on D shares. Seaport Research Partners cut Dominion Energy from a “buy” rating to a “hold” rating in a report on Wednesday, May 20th. Jefferies Financial Group upgraded shares of Dominion Energy from a “hold” rating to a “buy” rating and boosted their price target for the stock from $65.00 to $76.00 in a research report on Thursday, May 28th. Barclays reduced their price objective on shares of Dominion Energy from $70.00 to $69.00 and set an “overweight” rating on the stock in a research note on Tuesday, June 23rd. BMO Capital Markets increased their price objective on shares of Dominion Energy from $64.00 to $70.00 and gave the stock a “market perform” rating in a research report on Wednesday, July 22nd. Finally, Royal Bank Of Canada boosted their target price on shares of Dominion Energy from $66.00 to $72.00 and gave the company a “sector perform” rating in a report on Tuesday, May 19th. Four equities research analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, Dominion Energy currently has an average rating of “Hold” and an average price target of $68.00.

Dominion Energy Price Performance

Shares of NYSE D opened at $68.88 on Tuesday. The firm has a market capitalization of $60.58 billion, a P/E ratio of 24.00 and a beta of 0.65. The firm’s 50-day moving average price is $69.15 and its 200-day moving average price is $65.45. The company has a current ratio of 0.81, a quick ratio of 0.64 and a debt-to-equity ratio of 1.43. Dominion Energy Inc. has a 1-year low of $55.85 and a 1-year high of $72.99.

Dominion Energy (NYSE:D) last issued its earnings results on Friday, July 31st. The utilities provider reported $0.79 EPS for the quarter, beating the consensus estimate of $0.68 by $0.11. Dominion Energy had a return on equity of 9.62% and a net margin of 13.98%.The company had revenue of $4.48 billion during the quarter, compared to the consensus estimate of $4.04 billion. During the same period last year, the business posted $0.75 EPS. The firm’s revenue for the quarter was up 17.6% compared to the same quarter last year. Dominion Energy has set its FY 2026 guidance at 3.450-3.690 EPS. Equities research analysts anticipate that Dominion Energy Inc. will post 3.57 earnings per share for the current fiscal year.

Dominion Energy Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Sunday, September 20th. Shareholders of record on Friday, September 4th will be issued a dividend of $0.6675 per share. This represents a $2.67 dividend on an annualized basis and a yield of 3.9%. The ex-dividend date of this dividend is Friday, September 4th. Dominion Energy’s payout ratio is currently 93.03%.

Dominion Energy 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.