Advisors Management Group Inc. ADV Has $2.35 Million Holdings in Dominion Energy Inc. $D

Advisors Management Group Inc. ADV lowered its position in Dominion Energy Inc. (NYSE:D) by 19.1% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. 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 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. AustralianSuper Pty Ltd boosted its stake in Dominion Energy by 1,785.9% in the third quarter. AustralianSuper Pty Ltd now owns 519,100 shares of the utilities provider’s stock valued at $31,753,000 after acquiring an additional 491,574 shares during the last quarter. Kera Capital Partners Inc. bought a new stake in shares of Dominion Energy during the 3rd quarter valued at $3,574,000. Vanguard Group Inc. lifted its stake in shares of Dominion Energy by 0.3% in the 3rd quarter. Vanguard Group Inc. now owns 106,158,920 shares of the utilities provider’s stock valued at $6,493,741,000 after purchasing an additional 363,610 shares during the period. Virtus Advisers LLC acquired a new position in Dominion Energy in the second quarter valued at about $240,000. Finally, CW Advisors LLC lifted its stake in Dominion Energy by 15.2% in the second quarter. CW Advisors LLC now owns 231,985 shares of the utilities provider’s stock valued at $13,112,000 after buying an additional 30,647 shares during the period. 73.04% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

D has been the subject of a number of recent analyst reports. Mizuho upped their price target on Dominion Energy from $62.00 to $66.00 and gave the company a “neutral” rating in a research note on Tuesday, February 24th. Barclays cut their target price on shares of Dominion Energy from $64.00 to $63.00 and set an “overweight” rating on the stock in a report on Thursday, January 22nd. Weiss Ratings raised Dominion Energy from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday, February 9th. Wells Fargo & Company reduced their target price on Dominion Energy from $67.00 to $64.00 and set an “overweight” rating on the stock in a report on Tuesday, January 20th. Finally, JPMorgan Chase & Co. decreased their target price on Dominion Energy from $62.00 to $59.00 and set an “underweight” rating for the company in a research note on Thursday, December 11th. 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 company’s stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $65.20.

Dominion Energy Stock Down 0.0%

NYSE:D opened at $60.89 on Friday. The stock has a 50-day simple moving average of $62.46 and a 200 day simple moving average of $60.91. Dominion Energy Inc. has a 52-week low of $48.07 and a 52-week high of $67.57. The company has a market cap of $53.52 billion, a PE ratio of 17.70, a PEG ratio of 1.65 and a beta of 0.71. The company has a debt-to-equity ratio of 1.36, a quick ratio of 0.59 and a current ratio of 0.77.

Dominion Energy (NYSE:D) last released its earnings results 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 return on equity of 9.67% and a net margin of 18.05%.The firm had revenue of $4.09 billion for the quarter, compared to analysts’ expectations of $3.65 billion. During the same quarter in the previous year, the business posted $0.58 EPS. The business’s quarterly revenue was up 20.4% compared to the same quarter last year. 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 3.39 EPS for the current fiscal year.

Dominion Energy Dividend Announcement

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

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.