RWC Asset Management LLP Has $25.57 Million Stock Holdings in Dominion Energy Inc. $D

RWC Asset Management LLP lowered its position in shares of Dominion Energy Inc. (NYSE:D) by 22.6% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 436,342 shares of the utilities provider’s stock after selling 127,117 shares during the quarter. Dominion Energy comprises 1.3% of RWC Asset Management LLP’s holdings, making the stock its 22nd biggest position. RWC Asset Management LLP owned 0.05% of Dominion Energy worth $25,565,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Triumph Capital Management acquired a new position in shares of Dominion Energy in the third quarter valued at about $28,000. Blueline Advisors LLC acquired a new stake in Dominion Energy in the 4th quarter worth about $28,000. Costello Asset Management INC boosted its holdings in Dominion Energy by 66.7% in the 4th quarter. Costello Asset Management INC now owns 500 shares of the utilities provider’s stock valued at $29,000 after purchasing an additional 200 shares during the period. JPL Wealth Management LLC acquired a new position in shares of Dominion Energy during the 3rd quarter worth approximately $30,000. Finally, Cornerstone Planning Group LLC grew its position in shares of Dominion Energy by 5,080.0% during the 4th quarter. Cornerstone Planning Group LLC now owns 518 shares of the utilities provider’s stock worth $31,000 after purchasing an additional 508 shares in the last quarter. Institutional investors own 73.04% of the company’s stock.

Wall Street Analyst Weigh In

D has been the subject of a number of analyst reports. Royal Bank Of Canada lifted their price target on shares of Dominion Energy from $66.00 to $72.00 and gave the company a “sector perform” rating in a research report on Tuesday, May 19th. Weiss Ratings upgraded Dominion Energy from a “buy (b-)” rating to a “buy (b)” rating in a research note on Friday, May 22nd. Wells Fargo & Company lifted their price objective on Dominion Energy from $66.00 to $68.00 and gave the company an “overweight” rating in a report on Friday, May 15th. Barclays upped their target price on Dominion Energy from $66.00 to $70.00 and gave the company an “overweight” rating in a research report on Monday, May 4th. Finally, Seaport Research Partners cut Dominion Energy from a “buy” rating to a “hold” rating in a research report on Wednesday, May 20th. Four investment analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $67.69.

Dominion Energy Price Performance

Dominion Energy stock opened at $67.00 on Monday. The company has a debt-to-equity ratio of 1.38, a quick ratio of 0.61 and a current ratio of 0.78. Dominion Energy Inc. has a 52 week low of $53.36 and a 52 week high of $68.97. The stock has a market capitalization of $58.93 billion, a P/E ratio of 19.82 and a beta of 0.65. The stock has a fifty day moving average of $63.86 and a 200-day moving average of $62.08.

Dominion Energy (NYSE:D) last released its earnings results on Friday, May 1st. The utilities provider reported $0.95 earnings per share (EPS) for the quarter, beating 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%.The business’s revenue for the quarter was up 23.1% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.93 earnings per share. Dominion Energy has set its FY 2026 guidance at 3.450-3.690 EPS. On average, sell-side analysts expect that Dominion Energy Inc. will post 3.59 earnings per share for the current fiscal year.

Dominion Energy Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Saturday, June 20th. Investors of record on Friday, May 29th will be given a dividend of $0.6675 per share. This represents a $2.67 dividend on an annualized basis and a yield of 4.0%. The ex-dividend date is Friday, May 29th. Dominion Energy’s dividend payout ratio is currently 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.