RWC Asset Management LLP Sells 10,043 Shares of Dominion Energy Inc. $D

RWC Asset Management LLP cut its holdings in Dominion Energy Inc. (NYSE:D) by 2.4% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 409,681 shares of the utilities provider’s stock after selling 10,043 shares during the quarter. RWC Asset Management LLP’s holdings in Dominion Energy were worth $24,794,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently modified their holdings of D. Cornerstone Planning LLC boosted its stake in Dominion Energy by 0.9% in the 2nd quarter. Cornerstone Planning LLC now owns 17,280 shares of the utilities provider’s stock worth $1,180,000 after purchasing an additional 157 shares during the period. Arlington Trust Co LLC lifted its holdings in shares of Dominion Energy by 47.1% in the second quarter. Arlington Trust Co LLC now owns 500 shares of the utilities provider’s stock valued at $34,000 after purchasing an additional 160 shares in the last quarter. Navalign LLC boosted its position in Dominion Energy by 1.2% during the 1st quarter. Navalign LLC now owns 14,229 shares of the utilities provider’s stock worth $880,000 after acquiring an additional 162 shares during the period. Premier Path Wealth Partners LLC increased its stake in Dominion Energy by 1.7% in the 2nd quarter. Premier Path Wealth Partners LLC now owns 9,795 shares of the utilities provider’s stock valued at $669,000 after buying an additional 168 shares during the period. Finally, Turtle Creek Wealth Advisors LLC lifted its holdings in shares of Dominion Energy by 4.1% during the 2nd quarter. Turtle Creek Wealth Advisors LLC now owns 4,648 shares of the utilities provider’s stock valued at $317,000 after buying an additional 184 shares during the last quarter. 73.04% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of brokerages recently weighed in on D. Morgan Stanley cut their price objective on Dominion Energy from $68.00 to $66.00 and set an “equal weight” rating on the stock in a research note on Friday, September 18th. Scotiabank reduced their price objective on Dominion Energy from $67.00 to $63.00 and set a “sector perform” rating for the company in a research report on Wednesday, September 30th. Mizuho lowered their price objective on shares of Dominion Energy from $72.00 to $67.00 and set a “neutral” rating on the stock in a research note on Tuesday. Truist Financial dropped their target price on shares of Dominion Energy from $66.00 to $62.00 and set a “hold” rating on the stock in a research report on Monday, October 12th. Finally, Wells Fargo & Company upgraded shares of Dominion Energy to a “strong-buy” rating in a research note on Thursday, September 24th. One equities research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, Dominion Energy has an average rating of “Hold” and an average target price of $69.27.

More Dominion Energy News

Here are the key news stories impacting Dominion Energy this week:

• Positive Sentiment: Wall Street expects Dominion’s upcoming quarterly report to show earnings growth. Zacks says the company has a favorable Earnings ESP and other indicators that could support an earnings beat, potentially improving confidence in its outlook. Dominion Energy Reports Next Week: Wall Street Expects Earnings Growth
• Positive Sentiment: Virginia officials and local supervisors approved a proposed 3-gigawatt Dominion gas-fired power station. The project could expand Dominion’s generation capacity and support long-term rate-base growth, although construction and regulatory costs remain considerations. Virginia Officials Give Go-Ahead for 3-GW Dominion Energy Gas-Fired Power Station
• Positive Sentiment: NextEra Energy shareholders approved the proposed Dominion transaction, advancing the deal and potentially creating strategic and financial benefits if remaining approvals and execution milestones are completed. NextEra Q3 2026 Earnings Rise as Shareholders Approve Dominion Merger

Dominion Energy Stock Performance

Dominion Energy stock traded down $0.15 during trading hours on Friday, hitting $65.25. The stock had a trading volume of 5,126,976 shares, compared to its average volume of 4,313,856. The company has a 50-day moving average of $64.02 and a two-hundred day moving average of $65.84. The company has a quick ratio of 0.64, a current ratio of 0.81 and a debt-to-equity ratio of 1.43. Dominion Energy Inc. has a fifty-two week low of $55.85 and a fifty-two week high of $72.99. The company has a market cap of $57.39 billion, a PE ratio of 22.73, a price-to-earnings-growth ratio of 3.04 and a beta of 0.64.

Dominion Energy (NYSE:D) last announced its quarterly earnings data on Friday, July 31st. The utilities provider reported $0.79 earnings per share for the quarter, topping the consensus estimate of $0.68 by $0.11. The company had revenue of $4.48 billion for the quarter, compared to analyst estimates of $4.04 billion. Dominion Energy had a return on equity of 9.62% and a net margin of 13.98%. Dominion Energy’s revenue for the quarter was up 17.6% compared to the same quarter last year. During the same quarter last year, the firm earned $0.75 EPS. Dominion Energy has set its FY 2026 guidance at 3.450-3.690 EPS. On average, equities research analysts anticipate that Dominion Energy Inc. will post 3.59 EPS for the current fiscal year.

Dominion Energy Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Sunday, September 20th. Stockholders of record on Friday, September 4th were paid a $0.6675 dividend. The ex-dividend date was Friday, September 4th. This represents a $2.67 dividend on an annualized basis and a dividend yield of 4.1%. Dominion Energy’s dividend payout ratio is currently 93.03%.

About Dominion Energy

Dominion Energy, Inc is a regulated energy company headquartered in Richmond, Virginia. Through its utility operations, the company generates, transmits and distributes electricity and provides natural gas distribution services to residential, commercial, industrial and governmental customers, primarily in Virginia and South Carolina.

The company operates a diversified power-generation portfolio that includes nuclear, natural gas, renewable energy and other resources. Its activities also include electricity transmission infrastructure, renewable energy development and natural gas utility operations.