Dominion Energy Inc. $D Shares Sold by Richard Bernstein Advisors LLC

Key Points

• Richard Bernstein Advisors cut its stake in Dominion Energy by 50.4% in Q3, selling 26,555 shares and leaving 26,086 shares worth about $1.596 million.
• Several large institutions—including Vanguard, Capital Research and Norges Bank—substantially increased or initiated positions, leaving institutional ownership at 73.04%.
• Dominion slightly beat quarterly EPS expectations ($0.68 vs. $0.67) with revenue up 20.4% to $4.09 billion, set FY2026 guidance of $3.45–$3.69 EPS, and announced a quarterly dividend of $0.6675 (annualized yield ~4.3%).

Richard Bernstein Advisors LLC decreased its holdings in shares of Dominion Energy Inc. (NYSE:D - Free Report) by 50.4% during the third quarter, according to its most recent disclosure with the SEC. The fund owned 26,086 shares of the utilities provider's stock after selling 26,555 shares during the period. Richard Bernstein Advisors LLC's holdings in Dominion Energy were worth $1,596,000 at the end of the most recent quarter.

Several other hedge funds have also recently made changes to their positions in the company. Vanguard Group Inc. boosted its holdings in shares of Dominion Energy by 16.2% in the 2nd quarter. Vanguard Group Inc. now owns 105,795,310 shares of the utilities provider's stock valued at $5,979,551,000 after acquiring an additional 14,715,895 shares during the last quarter. Capital Research Global Investors grew its position in shares of Dominion Energy by 22.4% during the 3rd quarter. Capital Research Global Investors now owns 54,850,042 shares of the utilities provider's stock valued at $3,355,175,000 after acquiring an additional 10,049,691 shares during the period. Norges Bank purchased a new stake in shares of Dominion Energy in the second quarter valued at approximately $566,924,000. Mizuho Markets Americas LLC raised its position in Dominion Energy by 139.3% during the third quarter. Mizuho Markets Americas LLC now owns 867,500 shares of the utilities provider's stock worth $53,065,000 after acquiring an additional 3,073,835 shares during the period. Finally, ANTIPODES PARTNERS Ltd raised its position in shares of Dominion Energy by 84,502.3% during the 3rd quarter. ANTIPODES PARTNERS Ltd now owns 1,735,194 shares of the utilities provider's stock worth $106,150,000 after purchasing an additional 1,733,143 shares during the last quarter. 73.04% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research analysts have recently weighed in on the company. Wells Fargo & Company lowered 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. TD Cowen assumed coverage on shares of Dominion Energy in a report on Friday, January 9th. They issued a "hold" rating and a $65.00 target price for the company. Barclays reduced 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. Mizuho increased their price target on Dominion Energy from $62.00 to $66.00 and gave the company a "neutral" rating in a research report on Tuesday, February 24th. Finally, Weiss Ratings raised Dominion Energy from a "hold (c+)" rating to a "buy (b-)" rating in a research report on Monday, February 9th. Three equities research analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of "Hold" and an average target price of $64.73.

Dominion Energy Stock Performance

NYSE:D opened at $62.71 on Wednesday. Dominion Energy Inc. has a 1-year low of $48.07 and a 1-year high of $67.57. The firm has a market cap of $55.11 billion, a PE ratio of 18.23, a P/E/G ratio of 1.71 and a beta of 0.71. The firm has a 50 day simple moving average of $61.78 and a 200-day simple moving average of $60.72. The company has a debt-to-equity ratio of 1.36, a current ratio of 0.77 and a quick ratio of 0.59.

Dominion Energy (NYSE:D - Get Free Report) 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 during the quarter, compared to analyst estimates of $3.65 billion. During the same period in the prior year, the firm posted $0.58 earnings per share. 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, equities analysts expect that Dominion Energy Inc. will post 3.39 EPS for the current year.

Dominion Energy Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, March 20th. Stockholders of record on Friday, February 27th will be paid a $0.6675 dividend. The ex-dividend date is Friday, February 27th. This represents a $2.67 dividend on an annualized basis and a dividend yield of 4.3%. Dominion Energy's dividend payout ratio (DPR) is 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.

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