Dominion Energy Inc. $D Stock Position Lowered by IFP Advisors Inc

Key Points

• IFP Advisors reduced its Dominion Energy position by 70.9% in the third quarter, selling 18,058 shares and retaining 7,426 shares valued at approximately $449,000. Institutional investors and hedge funds collectively own 73.04% of the company.
• Analyst sentiment remains mixed, with Dominion carrying an average “Hold” rating and a consensus price target of $69.27. Price targets range from $62 to $80.
• Dominion reported quarterly EPS of $0.79, exceeding estimates of $0.68, while revenue rose 17.6% year over year to $4.48 billion. The company’s quarterly dividend is $0.6675 per share, representing a 4.1% yield.

IFP Advisors Inc trimmed its holdings in shares of Dominion Energy Inc. (NYSE:D - Free Report) by 70.9% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 7,426 shares of the utilities provider's stock after selling 18,058 shares during the quarter. IFP Advisors Inc's holdings in Dominion Energy were worth $449,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. BlackRock Inc. acquired a new stake in Dominion Energy in the 2nd quarter valued at $4,986,439,000. State Street Corp increased its holdings in Dominion Energy by 3.5% in the 2nd quarter. State Street Corp now owns 50,917,469 shares of the utilities provider's stock worth $3,477,154,000 after acquiring an additional 1,704,954 shares in the last quarter. Bank of America Corp DE acquired a new position in Dominion Energy during the second quarter worth $996,984,000. Bank of New York Mellon Corp acquired a new position in Dominion Energy during the second quarter worth $697,388,000. Finally, Legal & General Group Plc purchased a new position in Dominion Energy during the second quarter valued at $467,353,000. 73.04% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

D has been the topic of several research analyst reports. TD Cowen upgraded shares of Dominion Energy from a "hold" rating to a "buy" rating and lifted their target price for the company from $69.00 to $80.00 in a research report on Wednesday, August 19th. Evercore upped their price target on shares of Dominion Energy from $67.00 to $70.00 in a research report on Thursday, October 8th. BMO Capital Markets raised their price target on shares of Dominion Energy from $64.00 to $70.00 and gave the company a "market perform" rating in a research note on Wednesday, July 22nd. Truist Financial decreased their price target on shares of Dominion Energy from $66.00 to $62.00 and set a "hold" rating on the stock in a research note on Monday, October 12th. Finally, Scotiabank lowered their price objective on Dominion Energy from $67.00 to $63.00 and set a "sector perform" rating on the stock in a report on Wednesday, September 30th. One analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Hold" and an average price target of $69.27.

Dominion Energy Stock Up 0.1%

NYSE D opened at $65.25 on Monday. The business has a fifty day moving average price of $64.02 and a 200 day moving average price of $65.87. Dominion Energy Inc. has a one year low of $55.85 and a one year high of $72.99. The company has a debt-to-equity ratio of 1.43, a quick ratio of 0.64 and a current ratio of 0.81. The company has a market cap of $57.39 billion, a P/E ratio of 22.73, a P/E/G ratio of 3.03 and a beta of 0.64.

Dominion Energy (NYSE:D - Get Free Report) last announced its quarterly earnings data on Friday, July 31st. The utilities provider reported $0.79 earnings per share for the quarter, beating analysts' consensus estimates of $0.68 by $0.11. Dominion Energy had a return on equity of 9.62% and a net margin of 13.98%. The company had revenue of $4.48 billion for the quarter, compared to analyst estimates of $4.04 billion. During the same quarter last year, the firm posted $0.75 EPS. The firm's revenue for the quarter was up 17.6% on a year-over-year basis. Dominion Energy has set its FY 2026 guidance at 3.450-3.690 EPS. 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 declared a quarterly dividend, which was paid on Sunday, September 20th. Stockholders of record on Friday, September 4th were paid a $0.6675 dividend. This represents a $2.67 annualized dividend and a dividend yield of 4.1%. The ex-dividend date of this dividend was Friday, September 4th. Dominion Energy's dividend payout ratio (DPR) is currently 93.03%.

Key Headlines Impacting Dominion Energy

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 Company Profile

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.

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