Dominion Energy Inc. $D Shares Sold by Capital Investment Advisors LLC

Capital Investment Advisors LLC decreased its holdings in shares of Dominion Energy Inc. (NYSE:D) by 7.4% in the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 69,705 shares of the utilities provider’s stock after selling 5,587 shares during the quarter. Capital Investment Advisors LLC’s holdings in Dominion Energy were worth $3,940,000 as of its most recent filing with the SEC.

Several other large investors have also recently added to or reduced their stakes in D. Brighton Jones LLC increased its position in Dominion Energy by 64.3% during the 4th quarter. Brighton Jones LLC now owns 9,081 shares of the utilities provider’s stock worth $489,000 after purchasing an additional 3,553 shares during the period. GAMMA Investing LLC increased its position in Dominion Energy by 6,252.7% during the 1st quarter. GAMMA Investing LLC now owns 1,276,770 shares of the utilities provider’s stock worth $71,588,000 after purchasing an additional 1,256,672 shares during the period. Rhumbline Advisers increased its position in Dominion Energy by 4.9% during the 1st quarter. Rhumbline Advisers now owns 1,479,087 shares of the utilities provider’s stock worth $82,932,000 after purchasing an additional 69,118 shares during the period. NBC Securities Inc. increased its position in Dominion Energy by 196,200.0% during the 1st quarter. NBC Securities Inc. now owns 1,963 shares of the utilities provider’s stock worth $110,000 after purchasing an additional 1,962 shares during the period. Finally, Merit Financial Group LLC increased its position in Dominion Energy by 26.3% during the 1st quarter. Merit Financial Group LLC now owns 15,429 shares of the utilities provider’s stock worth $865,000 after purchasing an additional 3,213 shares during the period. 73.04% of the stock is owned by hedge funds and other institutional investors.

Dominion Energy Trading Up 0.4%

Shares of Dominion Energy stock opened at $61.14 on Wednesday. Dominion Energy Inc. has a 12-month low of $48.07 and a 12-month high of $62.46. The company has a current ratio of 0.67, a quick ratio of 0.49 and a debt-to-equity ratio of 1.35. The stock has a market cap of $52.18 billion, a PE ratio of 21.08, a price-to-earnings-growth ratio of 1.32 and a beta of 0.60. The company has a 50-day moving average of $60.10 and a two-hundred day moving average of $56.85.

Dominion Energy (NYSE:D) last issued its earnings results on Friday, August 1st. The utilities provider reported $0.75 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.77 by ($0.02). Dominion Energy had a net margin of 16.45% and a return on equity of 9.68%. The company had revenue of $3.81 billion during the quarter, compared to analysts’ expectations of $3.73 billion. During the same period last year, the business posted $0.65 earnings per share. The company’s quarterly revenue was up 9.3% on a year-over-year basis. Dominion Energy has set its FY 2025 guidance at 3.280-3.520 EPS. On average, research analysts anticipate that Dominion Energy Inc. will post 3.39 EPS for the current fiscal year.

Dominion Energy Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Saturday, September 20th. Stockholders of record on Friday, September 5th were paid a dividend of $0.6675 per share. This represents a $2.67 dividend on an annualized basis and a dividend yield of 4.4%. The ex-dividend date of this dividend was Friday, September 5th. Dominion Energy’s dividend payout ratio (DPR) is 92.07%.

Insider Buying and Selling at Dominion Energy

In other Dominion Energy news, CEO Robert M. Blue acquired 4,152 shares of the company’s stock in a transaction dated Wednesday, August 27th. The stock was acquired at an average cost of $60.35 per share, with a total value of $250,573.20. Following the purchase, the chief executive officer directly owned 161,237 shares in the company, valued at approximately $9,730,652.95. This trade represents a 2.64% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through this link. 0.11% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

Several equities analysts have issued reports on the company. JPMorgan Chase & Co. boosted their target price on Dominion Energy from $56.00 to $59.00 and gave the stock an “underweight” rating in a research report on Thursday, August 21st. Morgan Stanley dropped their target price on shares of Dominion Energy from $64.00 to $63.00 and set an “equal weight” rating for the company in a report on Thursday, September 25th. One investment analyst has rated the stock with a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, Dominion Energy currently has a consensus rating of “Hold” and a consensus price target of $60.33.

Dominion Energy Company Profile

Dominion Energy, Inc produces and distributes energy in the United States. It operates through three operating segments: Dominion Energy Virginia, Dominion Energy South Carolina, and Contracted Energy. The Dominion Energy Virginia segment generates, transmits, and distributes regulated electricity to approximately 2.8 million residential, commercial, industrial, and governmental customers in Virginia and North Carolina.