Resources Management Corp CT ADV Sells 15,607 Shares of Dominion Energy Inc. $D

Resources Management Corp CT ADV cut its holdings in shares of Dominion Energy Inc. (NYSE:D) by 87.6% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,200 shares of the utilities provider’s stock after selling 15,607 shares during the period. Resources Management Corp CT ADV’s holdings in Dominion Energy were worth $129,000 at the end of the most recent quarter.

A number of other large investors have also bought and sold shares of D. Motiv8 Investments LLC bought a new stake in Dominion Energy during the 4th quarter worth approximately $25,000. Triumph Capital Management bought a new stake in Dominion Energy during the 3rd quarter worth approximately $28,000. Blueline Advisors LLC bought a new stake in Dominion Energy during the 4th quarter worth approximately $28,000. Costello Asset Management INC grew its position 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 acquiring an additional 200 shares during the last quarter. Finally, Advocate Investing Services LLC bought a new stake in Dominion Energy during the 4th quarter worth approximately $29,000. 73.04% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several research analysts have issued reports on D shares. Barclays upped their price objective on Dominion Energy from $66.00 to $70.00 and gave the stock an “overweight” rating in a report on Monday, May 4th. Morgan Stanley reduced their price objective 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. Bank of America upped their price objective on Dominion Energy from $63.00 to $65.00 and gave the stock a “neutral” rating in a report on Wednesday, April 15th. Wall Street Zen downgraded Dominion Energy from a “hold” rating to a “sell” rating in a report on Saturday, May 16th. Finally, Weiss Ratings raised Dominion Energy from a “buy (b-)” rating to a “buy (b)” rating in a report on Friday, May 22nd. Four research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, Dominion Energy has an average rating of “Hold” and a consensus target price of $67.69.

Dominion Energy Stock Performance

D stock opened at $68.19 on Tuesday. The business’s fifty day moving average is $64.48 and its 200-day moving average is $62.32. The company has a quick ratio of 0.61, a current ratio of 0.78 and a debt-to-equity ratio of 1.38. The company has a market cap of $59.97 billion, a P/E ratio of 20.17 and a beta of 0.65. Dominion Energy Inc. has a twelve month low of $53.36 and a twelve month high of $68.97.

Dominion Energy (NYSE:D) last issued its quarterly earnings data on Friday, May 1st. The utilities provider reported $0.95 EPS for the quarter, topping the consensus estimate of $0.90 by $0.05. The business had revenue of $5.02 billion for the quarter, compared to the consensus estimate of $4.43 billion. Dominion Energy had a return on equity of 9.63% and a net margin of 16.93%.The firm’s revenue was up 23.1% compared to the same quarter last year. 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. Equities research analysts forecast that Dominion Energy Inc. will post 3.59 EPS for the current year.

Dominion Energy Announces Dividend

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

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.