Dominion Energy Inc. $D Stock Holdings Lessened by Richard Bernstein Advisors LLC

Richard Bernstein Advisors LLC lowered its stake in shares of Dominion Energy Inc. (NYSE:D) by 50.4% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 26,086 shares of the utilities provider’s stock after selling 26,555 shares during the quarter. Richard Bernstein Advisors LLC’s holdings in Dominion Energy were worth $1,596,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in D. Vanguard Group Inc. increased its stake in Dominion Energy by 16.2% during the 2nd quarter. Vanguard Group Inc. now owns 105,795,310 shares of the utilities provider’s stock valued at $5,979,551,000 after buying an additional 14,715,895 shares during the period. Capital Research Global Investors boosted its stake in shares of Dominion Energy by 22.4% during the 3rd quarter. Capital Research Global Investors now owns 54,850,042 shares of the utilities provider’s stock worth $3,355,175,000 after acquiring an additional 10,049,691 shares in the last quarter. Norges Bank purchased a new position in Dominion Energy in the 2nd quarter worth about $566,924,000. Mizuho Markets Americas LLC raised its stake in Dominion Energy by 139.3% during the 3rd quarter. Mizuho Markets Americas LLC now owns 867,500 shares of the utilities provider’s stock valued at $53,065,000 after purchasing an additional 3,073,835 shares during the period. Finally, ANTIPODES PARTNERS Ltd lifted its position in shares of 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 purchasing an additional 1,733,143 shares in the last quarter. 73.04% of the stock is owned by institutional investors.

Analyst Ratings Changes

D has been the subject of a number of recent analyst reports. Barclays decreased their target price on Dominion Energy from $64.00 to $63.00 and set an “overweight” rating for the company in a research report on Thursday, January 22nd. Scotiabank boosted their price target on shares of Dominion Energy from $63.00 to $67.00 and gave the company a “sector perform” rating in a research report on Monday, March 2nd. Wells Fargo & Company lowered their price target on shares of Dominion Energy from $67.00 to $64.00 and set an “overweight” rating for the company in a report on Tuesday, January 20th. Weiss Ratings raised Dominion Energy from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday, February 9th. Finally, TD Cowen began coverage on Dominion Energy in a report on Friday, January 9th. They set a “hold” rating and a $65.00 target price on the stock. Three research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $64.73.

Dominion Energy Price Performance

Shares of NYSE:D opened at $62.71 on Wednesday. The firm has a 50 day moving average of $61.78 and a 200-day moving average of $60.72. The company has a current ratio of 0.77, a quick ratio of 0.59 and a debt-to-equity ratio of 1.36. Dominion Energy Inc. has a 12 month low of $48.07 and a 12 month high of $67.57. The stock has a market capitalization of $55.11 billion, a PE ratio of 18.23, a PEG ratio of 1.71 and a beta of 0.71.

Dominion Energy (NYSE:D) last issued its earnings results on Monday, February 23rd. The utilities provider reported $0.68 EPS for the quarter, topping the consensus estimate of $0.67 by $0.01. Dominion Energy had a return on equity of 9.67% and a net margin of 18.05%.The firm had revenue of $4.09 billion during the quarter, compared to the consensus estimate of $3.65 billion. During the same quarter in the previous year, the firm earned $0.58 earnings per share. The business’s quarterly revenue was up 20.4% on a year-over-year basis. Dominion Energy has set its FY 2026 guidance at 3.450-3.690 EPS. On average, equities research analysts predict 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 will be paid on Friday, March 20th. Stockholders of record on Friday, February 27th will be paid a $0.6675 dividend. This represents a $2.67 dividend on an annualized basis and a dividend yield of 4.3%. The ex-dividend date of this dividend is Friday, February 27th. Dominion Energy’s payout ratio is currently 77.62%.

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.