Deutsche Bank AG Takes Position in Dominion Energy Inc. $D

Deutsche Bank AG bought a new position in shares of Dominion Energy Inc. (NYSE:D) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 2,586,797 shares of the utilities provider’s stock, valued at approximately $176,652,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Motiv8 Investments LLC bought a new position in Dominion Energy in the 4th quarter valued at about $25,000. Blueline Advisors LLC acquired a new stake in Dominion Energy during the fourth quarter worth approximately $28,000. Triumph Capital Management bought a new stake in shares of Dominion Energy during the third quarter worth approximately $28,000. Costello Asset Management INC boosted its holdings in shares of Dominion Energy by 66.7% during the fourth quarter. Costello Asset Management INC now owns 500 shares of the utilities provider’s stock worth $29,000 after acquiring an additional 200 shares during the period. Finally, Advocate Investing Services LLC bought a new position in shares of Dominion Energy during the fourth quarter worth approximately $29,000. Institutional investors own 73.04% of the company’s stock.

Analyst Ratings Changes

Several research firms recently issued reports on D. Wells Fargo & Company boosted their price target on Dominion Energy from $66.00 to $68.00 and gave the company an “overweight” rating in a research note on Friday, May 15th. Mizuho increased their price objective on Dominion Energy from $66.00 to $72.00 and gave the stock a “neutral” rating in a research report on Tuesday, May 26th. BMO Capital Markets lifted their target price on Dominion Energy from $64.00 to $70.00 and gave the stock a “market perform” rating in a report on Wednesday, July 22nd. Barclays reduced their target price on shares of Dominion Energy from $70.00 to $69.00 and set an “overweight” rating for the company in a research report on Tuesday, June 23rd. Finally, Morgan Stanley decreased their price target on shares of Dominion Energy from $69.00 to $68.00 and set an “equal weight” rating on the stock in a research note on Tuesday, April 21st. Four equities research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $68.00.

Dominion Energy Stock Down 0.2%

NYSE D opened at $68.64 on Wednesday. The company has a current ratio of 0.81, a quick ratio of 0.64 and a debt-to-equity ratio of 1.43. The company has a market cap of $60.37 billion, a price-to-earnings ratio of 23.92 and a beta of 0.65. The company has a 50 day moving average of $69.20 and a 200-day moving average of $65.50. 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 quarterly earnings results on Friday, July 31st. The utilities provider reported $0.79 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.68 by $0.11. Dominion Energy had a return on equity of 9.62% and a net margin of 13.98%.The business had revenue of $4.48 billion for the quarter, compared to the consensus estimate of $4.04 billion. During the same quarter in the prior year, the business posted $0.75 earnings per share. The firm’s quarterly revenue 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. On average, equities research analysts expect that Dominion Energy Inc. will post 3.57 earnings per share for the current fiscal year.

Dominion Energy Dividend Announcement

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