Resources Management Corp CT ADV Has $129,000 Holdings in Dominion Energy Inc. $D

Resources Management Corp CT ADV lessened its holdings in shares of Dominion Energy Inc. (NYSE:D) by 87.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 2,200 shares of the utilities provider’s stock after selling 15,607 shares during the quarter. Resources Management Corp CT ADV’s holdings in Dominion Energy were worth $129,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in D. Motiv8 Investments LLC bought a new position in Dominion Energy during the 4th quarter worth about $25,000. Triumph Capital Management bought a new position in Dominion Energy during the 3rd quarter worth about $28,000. Blueline Advisors LLC bought a new position in Dominion Energy during the 4th quarter worth about $28,000. Costello Asset Management INC increased its holdings in 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 in the last quarter. Finally, Advocate Investing Services LLC bought a new position in Dominion Energy during the 4th quarter worth about $29,000. Institutional investors and hedge funds own 73.04% of the company’s stock.

Dominion Energy Trading Up 0.4%

Dominion Energy stock opened at $68.19 on Tuesday. Dominion Energy Inc. has a 52 week low of $53.36 and a 52 week high of $68.97. 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 capitalization of $59.97 billion, a P/E ratio of 20.17 and a beta of 0.65. The stock has a 50-day simple moving average of $64.48 and a 200 day simple moving average of $62.32.

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

Dominion Energy Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Saturday, June 20th. Shareholders of record on Friday, May 29th will be given a dividend of $0.6675 per share. The ex-dividend date is Friday, May 29th. This represents a $2.67 annualized dividend and a yield of 3.9%. Dominion Energy’s dividend payout ratio (DPR) is 78.99%.

Analysts Set New Price Targets

D has been the subject of a number of research reports. Mizuho increased their target price on Dominion Energy from $66.00 to $72.00 and gave the stock a “neutral” rating in a report on Tuesday, May 26th. Seaport Research Partners cut Dominion Energy from a “buy” rating to a “hold” rating in a report on Wednesday, May 20th. Truist Financial lowered their target price on Dominion Energy from $67.00 to $66.00 and set a “hold” rating for the company in a report on Friday, May 29th. Weiss Ratings upgraded Dominion Energy from a “buy (b-)” rating to a “buy (b)” rating in a report on Friday, May 22nd. Finally, Barclays increased their target price on Dominion Energy from $66.00 to $70.00 and gave the stock an “overweight” rating in a report on Monday, May 4th. 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. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $67.69.

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.