Dominion Energy Inc. $D Shares Sold by London Co. of Virginia

London Co. of Virginia lessened its stake in shares of Dominion Energy Inc. (NYSE:D) by 2.5% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 4,778,330 shares of the utilities provider’s stock after selling 122,205 shares during the quarter. Dominion Energy comprises about 1.6% of London Co. of Virginia’s investment portfolio, making the stock its 23rd biggest holding. London Co. of Virginia’s holdings in Dominion Energy were worth $279,963,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in the stock. AustralianSuper Pty Ltd grew its position in Dominion Energy by 1,785.9% in the third quarter. AustralianSuper Pty Ltd now owns 519,100 shares of the utilities provider’s stock worth $31,753,000 after buying an additional 491,574 shares during the last quarter. Vanguard Group Inc. grew its position in Dominion Energy by 0.3% in the third quarter. Vanguard Group Inc. now owns 106,158,920 shares of the utilities provider’s stock worth $6,493,741,000 after buying an additional 363,610 shares during the last quarter. ANTIPODES PARTNERS Ltd grew its position in Dominion Energy by 84,502.3% in the third quarter. ANTIPODES PARTNERS Ltd now owns 1,735,194 shares of the utilities provider’s stock worth $106,150,000 after buying an additional 1,733,143 shares during the last quarter. Citigroup Inc. grew its position in Dominion Energy by 36.7% in the third quarter. Citigroup Inc. now owns 2,422,315 shares of the utilities provider’s stock worth $148,173,000 after buying an additional 649,989 shares during the last quarter. Finally, Assetmark Inc. grew its position in Dominion Energy by 43.9% in the third quarter. Assetmark Inc. now owns 59,015 shares of the utilities provider’s stock worth $3,610,000 after buying an additional 17,990 shares during the last quarter. Institutional investors and hedge funds own 73.04% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have issued reports on the stock. Barclays lifted their price target on shares of Dominion Energy from $66.00 to $70.00 and gave the stock an “overweight” rating in a research report on Monday, May 4th. Jefferies Financial Group upgraded shares of Dominion Energy from a “hold” rating to a “buy” rating and lifted their price target for the stock from $65.00 to $76.00 in a research report on Thursday, May 28th. Wells Fargo & Company lifted their price target on shares of Dominion Energy from $66.00 to $68.00 and gave the stock an “overweight” rating in a research report on Friday, May 15th. Mizuho lifted their price objective on shares of Dominion Energy from $66.00 to $72.00 and gave the stock a “neutral” rating in a research report on Tuesday, May 26th. Finally, Weiss Ratings upgraded shares of Dominion Energy from a “buy (b-)” rating to a “buy (b)” rating in a research report on Friday, May 22nd. Four equities research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company has an average rating of “Hold” and an average target price of $67.69.

Dominion Energy Trading Up 0.5%

NYSE D opened at $68.51 on Wednesday. Dominion Energy Inc. has a twelve month low of $53.36 and a twelve month high of $69.25. The company has a debt-to-equity ratio of 1.38, a quick ratio of 0.61 and a current ratio of 0.78. The stock has a market cap of $60.25 billion, a price-to-earnings ratio of 20.27 and a beta of 0.65. The firm’s 50 day moving average price is $64.60 and its two-hundred day moving average price is $62.36.

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

Dominion Energy Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Saturday, June 20th. Shareholders of record on Friday, May 29th will be paid a dividend of $0.6675 per share. The ex-dividend date of this dividend is Friday, May 29th. This represents a $2.67 dividend on an annualized basis and a dividend yield of 3.9%. Dominion Energy’s dividend payout ratio (DPR) 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.