Mn Services Vermogensbeheer B.V. Trims Position in Dominion Energy Inc. $D

Mn Services Vermogensbeheer B.V. lessened its holdings in shares of Dominion Energy Inc. (NYSE:DFree Report) by 12.6% in the fourth quarter, Holdings Channel.com reports. The fund owned 135,500 shares of the utilities provider’s stock after selling 19,600 shares during the period. Mn Services Vermogensbeheer B.V.’s holdings in Dominion Energy were worth $7,939,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. CoreFirst Bank & Trust purchased a new position in Dominion Energy during the 2nd quarter valued at $25,000. Triumph Capital Management purchased a new stake in shares of Dominion Energy in the 3rd quarter worth about $28,000. United Community Bank purchased a new stake in shares of Dominion Energy in the 3rd quarter worth about $29,000. JPL Wealth Management LLC bought a new stake in shares of Dominion Energy during the 3rd quarter valued at about $30,000. Finally, Hanson & Doremus Investment Management purchased a new position in shares of Dominion Energy during the third quarter valued at about $31,000. Hedge funds and other institutional investors own 73.04% of the company’s stock.

Dominion Energy Stock Up 0.4%

Shares of Dominion Energy stock opened at $62.07 on Thursday. The company has a debt-to-equity ratio of 1.36, a current ratio of 0.77 and a quick ratio of 0.59. The company has a 50-day moving average of $62.52 and a 200 day moving average of $60.95. The firm has a market cap of $54.55 billion, a price-to-earnings ratio of 18.04, a PEG ratio of 1.67 and a beta of 0.71. Dominion Energy Inc. has a 1 year low of $48.07 and a 1 year high of $67.57.

Dominion Energy (NYSE:DGet Free Report) last issued its quarterly earnings results on Monday, February 23rd. The utilities provider reported $0.68 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.67 by $0.01. The company had revenue of $4.09 billion during the quarter, compared to analysts’ expectations of $3.65 billion. Dominion Energy had a net margin of 18.05% and a return on equity of 9.67%. Dominion Energy’s revenue was up 20.4% on a year-over-year basis. During the same period last year, the company posted $0.58 EPS. Dominion Energy has set its FY 2026 guidance at 3.450-3.690 EPS. As a group, sell-side analysts anticipate that Dominion Energy Inc. will post 3.39 earnings per share for the current fiscal year.

Dominion Energy Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 20th. Stockholders of record on Friday, February 27th were issued a dividend of $0.6675 per share. This represents a $2.67 annualized dividend and a dividend yield of 4.3%. The ex-dividend date was Friday, February 27th. Dominion Energy’s dividend payout ratio (DPR) is presently 77.62%.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on D shares. JPMorgan Chase & Co. decreased their price target on shares of Dominion Energy from $62.00 to $59.00 and set an “underweight” rating for the company in a research note on Thursday, December 11th. 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. Wells Fargo & Company decreased their target price on Dominion Energy from $67.00 to $64.00 and set an “overweight” rating for the company in a research report on Tuesday, January 20th. Mizuho raised their target price on Dominion Energy from $62.00 to $66.00 and gave the company a “neutral” rating in a research note on Tuesday, February 24th. Finally, Scotiabank lifted their price target on Dominion Energy from $63.00 to $67.00 and gave the company a “sector perform” rating in a research report on Monday, March 2nd. Three equities research analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $65.20.

Get Our Latest Stock Report on D

Key Dominion Energy News

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Dominion Energy Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Dominion Energy (NYSE:D)

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