Dominion Energy Inc. $D Shares Sold by Savant Capital LLC

Savant Capital LLC trimmed its holdings in shares of Dominion Energy Inc. (NYSE:D) by 45.5% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 23,903 shares of the utilities provider’s stock after selling 19,947 shares during the period. Savant Capital LLC’s holdings in Dominion Energy were worth $1,400,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of D. Capital Research Global Investors increased its holdings in shares of Dominion Energy by 22.4% during the third quarter. Capital Research Global Investors now owns 54,850,042 shares of the utilities provider’s stock valued at $3,355,175,000 after purchasing an additional 10,049,691 shares during the period. ANTIPODES PARTNERS Ltd increased its holdings in shares of Dominion Energy by 84,502.3% during the third quarter. ANTIPODES PARTNERS Ltd now owns 1,735,194 shares of the utilities provider’s stock valued at $106,150,000 after purchasing an additional 1,733,143 shares during the period. Wellington Management Group LLP grew its holdings in Dominion Energy by 4.4% during the third quarter. Wellington Management Group LLP now owns 30,746,146 shares of the utilities provider’s stock worth $1,880,742,000 after acquiring an additional 1,298,881 shares during the period. Invesco Ltd. grew its holdings in Dominion Energy by 10.8% during the third quarter. Invesco Ltd. now owns 11,545,003 shares of the utilities provider’s stock worth $706,208,000 after acquiring an additional 1,129,130 shares during the period. Finally, Munich Reinsurance Co Stock Corp in Munich acquired a new position in Dominion Energy during the third quarter worth about $65,230,000. 73.04% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research analysts recently issued reports on the company. Bank of America lifted their target price on Dominion Energy from $63.00 to $65.00 and gave the stock a “neutral” rating in a report on Wednesday, April 15th. Scotiabank lifted their target price on Dominion Energy from $63.00 to $67.00 and gave the stock a “sector perform” rating in a report on Monday, March 2nd. Jefferies Financial Group raised Dominion Energy from a “hold” rating to a “buy” rating and lifted their target price for the stock from $65.00 to $76.00 in a report on Thursday, May 28th. Morgan Stanley lowered their target price on Dominion Energy from $69.00 to $68.00 and set an “equal weight” rating on the stock in a report on Tuesday, April 21st. Finally, Barclays lifted 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 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 company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $67.69.

Dominion Energy Trading Down 3.6%

Shares of D opened at $64.56 on Tuesday. The business’s 50-day moving average price is $63.35 and its 200 day moving average price is $61.93. The stock has a market capitalization of $56.78 billion, a P/E ratio of 19.10 and a beta of 0.65. Dominion Energy Inc. has a 1-year low of $53.36 and a 1-year high of $68.97. The company has a current ratio of 0.78, a quick ratio of 0.61 and a debt-to-equity ratio of 1.38.

Dominion Energy (NYSE:D) last issued its quarterly earnings results on Friday, May 1st. The utilities provider reported $0.95 earnings per share for the quarter, topping analysts’ consensus estimates of $0.90 by $0.05. The firm had revenue of $5.02 billion for the quarter, compared to analysts’ expectations of $4.43 billion. Dominion Energy had a return on equity of 9.63% and a net margin of 16.93%.Dominion Energy’s revenue was up 23.1% on a year-over-year basis. During the same quarter last year, the business posted $0.93 EPS. 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 firm 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 dividend on an annualized basis and a yield of 4.1%. Dominion Energy’s dividend payout ratio (DPR) is presently 78.99%.

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.