Nwam LLC Has $1.24 Million Stock Holdings in Dominion Energy Inc. $D
by Tristan Rich · The Markets DailyNwam LLC boosted its position in shares of Dominion Energy Inc. (NYSE:D – Free Report) by 189.7% during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 20,104 shares of the utilities provider’s stock after acquiring an additional 13,164 shares during the period. Nwam LLC’s holdings in Dominion Energy were worth $1,243,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds have also modified their holdings of D. Hartford Funds Management Co LLC boosted its position in shares of Dominion Energy by 17.3% during the 1st quarter. Hartford Funds Management Co LLC now owns 15,406 shares of the utilities provider’s stock valued at $953,000 after acquiring an additional 2,268 shares in the last quarter. AMG National Trust Bank acquired a new position in Dominion Energy in the first quarter worth about $246,000. Bleakley Financial Group LLC lifted its stake in Dominion Energy by 9.8% during the first quarter. Bleakley Financial Group LLC now owns 38,566 shares of the utilities provider’s stock worth $2,384,000 after purchasing an additional 3,439 shares during the period. Chicago Partners Investment Group LLC boosted its holdings in Dominion Energy by 14.8% during the first quarter. Chicago Partners Investment Group LLC now owns 5,916 shares of the utilities provider’s stock valued at $361,000 after purchasing an additional 761 shares in the last quarter. Finally, Procyon Advisors LLC acquired a new stake in Dominion Energy during the first quarter valued at approximately $208,000. 73.04% of the stock is currently owned by institutional investors.
Dominion Energy Trading Up 0.9%
D opened at $71.64 on Friday. Dominion Energy Inc. has a 1-year low of $55.85 and a 1-year high of $71.84. The stock has a market capitalization of $63.00 billion, a PE ratio of 21.19 and a beta of 0.65. The company has a current ratio of 0.78, a quick ratio of 0.61 and a debt-to-equity ratio of 1.38. The firm has a 50-day moving average price of $67.58 and a two-hundred day moving average price of $63.92.
Dominion Energy (NYSE:D – Get Free Report) last announced its earnings results on Friday, May 1st. The utilities provider reported $0.95 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.90 by $0.05. Dominion Energy had a net margin of 16.93% and a return on equity of 9.63%. The company had revenue of $5.02 billion for the quarter, compared to analyst estimates of $4.43 billion. During the same period in the prior year, the business earned $0.93 earnings per share. Dominion Energy’s quarterly revenue was up 23.1% on a year-over-year basis. Dominion Energy has set its FY 2026 guidance at 3.450-3.690 EPS. As a group, equities analysts anticipate that Dominion Energy Inc. will post 3.59 earnings per share for the current fiscal year.
Dominion Energy Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Saturday, June 20th. Shareholders of record on Friday, May 29th were given a $0.6675 dividend. This represents a $2.67 dividend on an annualized basis and a yield of 3.7%. The ex-dividend date was Friday, May 29th. Dominion Energy’s dividend payout ratio (DPR) is presently 78.99%.
Analyst Ratings Changes
D has been the subject of a number of recent research reports. Barclays dropped their target price on Dominion Energy from $70.00 to $69.00 and set an “overweight” rating for the company in a report on Tuesday, June 23rd. Jefferies Financial Group upgraded Dominion Energy from a “hold” rating to a “buy” rating and upped their price target for the company from $65.00 to $76.00 in a research report on Thursday, May 28th. Truist Financial cut their price objective on Dominion Energy from $67.00 to $66.00 and set a “hold” rating for the company in a report on Friday, May 29th. Wall Street Zen downgraded shares of Dominion Energy from a “hold” rating to a “sell” rating in a research note on Saturday, May 16th. Finally, Royal Bank Of Canada upped their target price on shares of Dominion Energy from $66.00 to $72.00 and gave the stock a “sector perform” rating in a report on Tuesday, May 19th. Four investment 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. According to data from MarketBeat.com, Dominion Energy presently has a consensus rating of “Hold” and a consensus price target of $67.62.
View Our Latest Research Report on Dominion Energy
Key Headlines Impacting Dominion Energy
Here are the key news stories impacting Dominion Energy this week:
- Positive Sentiment: Dominion and NextEra filed merger applications, advancing a deal that could create the world’s largest regulated electric utility and improve Dominion’s long-term growth profile. Article Title
- Positive Sentiment: The companies pledged $2.25 billion in bill credits and said merger costs would not be passed to customers, which could help regulatory approval prospects. Article Title
- Neutral Sentiment: State and federal regulators in Virginia, North Carolina, South Carolina and Washington will now review the proposal, and the process could take time before any closing in the second half of 2027. Article Title
- Negative Sentiment: The merger still faces scrutiny from lawmakers, regulators and local stakeholders, who are questioning costs, customer impacts and infrastructure issues tied to Dominion’s large transmission projects. Article Title
About Dominion Energy
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.
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