Advisors Management Group Inc. ADV Sells 9,442 Shares of Dominion Energy Inc. $D

Advisors Management Group Inc. ADV reduced its position in Dominion Energy Inc. (NYSE:D) by 19.1% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 40,024 shares of the utilities provider’s stock after selling 9,442 shares during the period. Advisors Management Group Inc. ADV’s holdings in Dominion Energy were worth $2,345,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Brighton Jones LLC lifted its holdings in Dominion Energy by 64.3% during the 4th quarter. Brighton Jones LLC now owns 9,081 shares of the utilities provider’s stock valued at $489,000 after purchasing an additional 3,553 shares during the last quarter. Empowered Funds LLC boosted its holdings in shares of Dominion Energy by 8.3% during the 1st quarter. Empowered Funds LLC now owns 17,571 shares of the utilities provider’s stock worth $985,000 after buying an additional 1,344 shares during the period. Woodline Partners LP grew its stake in Dominion Energy by 40.7% in the 1st quarter. Woodline Partners LP now owns 70,968 shares of the utilities provider’s stock valued at $3,979,000 after buying an additional 20,522 shares during the last quarter. Intech Investment Management LLC raised its holdings in Dominion Energy by 71.2% in the 1st quarter. Intech Investment Management LLC now owns 30,460 shares of the utilities provider’s stock valued at $1,708,000 after acquiring an additional 12,663 shares during the period. Finally, Schnieders Capital Management LLC. raised its holdings in Dominion Energy by 9.5% in the 2nd quarter. Schnieders Capital Management LLC. now owns 124,573 shares of the utilities provider’s stock valued at $7,041,000 after acquiring an additional 10,775 shares during the period. Institutional investors own 73.04% of the company’s stock.

Wall Street Analysts Forecast Growth

D has been the subject of a number of research analyst reports. JPMorgan Chase & Co. reduced their price objective on Dominion Energy from $62.00 to $59.00 and set an “underweight” rating for the company in a report on Thursday, December 11th. Weiss Ratings raised Dominion Energy from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday, February 9th. TD Cowen began coverage on shares of Dominion Energy in a research report on Friday, January 9th. They set a “hold” rating and a $65.00 price target on the stock. Barclays decreased their target price on shares of Dominion Energy from $64.00 to $63.00 and set an “overweight” rating on the stock in a research report on Thursday, January 22nd. Finally, Wells Fargo & Company dropped their price objective on Dominion Energy from $67.00 to $64.00 and set an “overweight” rating for the company in a report on Tuesday, January 20th. Three investment analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $65.20.

Dominion Energy Stock Performance

NYSE D opened at $60.89 on Friday. The firm’s 50 day simple moving average is $62.46 and its 200 day simple moving average is $60.91. The firm has a market capitalization of $53.52 billion, a price-to-earnings ratio of 17.70, a P/E/G ratio of 1.65 and a beta of 0.71. 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 1 year low of $48.07 and a 1 year high of $67.57.

Dominion Energy (NYSE:D) last announced its quarterly earnings data on Monday, February 23rd. The utilities provider reported $0.68 EPS for the quarter, beating the consensus estimate of $0.67 by $0.01. Dominion Energy had a net margin of 18.05% and a return on equity of 9.67%. The business had revenue of $4.09 billion during the quarter, compared to the consensus estimate of $3.65 billion. During the same period in the previous year, the business earned $0.58 earnings per share. The company’s 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. As a group, research analysts expect that Dominion Energy Inc. will post 3.39 earnings per share for the current fiscal year.

Dominion Energy Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, March 20th. Investors of record on Friday, February 27th were issued a dividend of $0.6675 per share. The ex-dividend date of this dividend was Friday, February 27th. This represents a $2.67 annualized dividend and a dividend yield of 4.4%. Dominion Energy’s payout ratio is 77.62%.

Dominion Energy 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.