First Trust Advisors LP Sells 49,283 Shares of Dominion Energy Inc. $D

Key Points

• First Trust Advisors LP reduced its stake in Dominion Energy by 3.5%, selling 49,283 shares and ending the quarter with 1,351,855 shares (~0.16% of the company) valued at about $82.7 million.
• Dominion beat quarterly EPS estimates ($0.68 vs. $0.67) and reported revenue of $4.09 billion (up 20.4% YoY), and set FY2026 guidance of $3.450–$3.690 in EPS versus analysts' consensus near $3.39.
• The company announced a quarterly dividend of $0.6675 per share (annualized $2.67), reflecting a 4.2% yield, with an ex-dividend date of Feb. 27 and payable Mar. 20.

First Trust Advisors LP decreased its position in shares of Dominion Energy Inc. (NYSE:D - Free Report) by 3.5% during the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 1,351,855 shares of the utilities provider's stock after selling 49,283 shares during the quarter. First Trust Advisors LP owned approximately 0.16% of Dominion Energy worth $82,693,000 at the end of the most recent quarter.

A number of other institutional investors have also bought and sold shares of the business. CoreFirst Bank & Trust purchased a new position in shares of Dominion Energy in the second quarter valued at about $25,000. United Community Bank purchased a new stake in shares of Dominion Energy during the third quarter worth about $29,000. Hanson & Doremus Investment Management bought a new stake in Dominion Energy during the 3rd quarter valued at approximately $31,000. Twin Peaks Wealth Advisors LLC bought a new stake in Dominion Energy during the 2nd quarter valued at approximately $32,000. Finally, Capital A Wealth Management LLC lifted its holdings in Dominion Energy by 5,038.5% in the 2nd quarter. Capital A Wealth Management LLC now owns 668 shares of the utilities provider's stock worth $38,000 after purchasing an additional 655 shares in the last quarter. Hedge funds and other institutional investors own 73.04% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on the stock. Wells Fargo & Company cut their price objective on shares of Dominion Energy from $67.00 to $64.00 and set an "overweight" rating for the company in a report on Tuesday, January 20th. TD Cowen began coverage on shares of Dominion Energy in a report on Friday, January 9th. They issued a "hold" rating and a $65.00 target price on the stock. Mizuho upped their target price on shares of Dominion Energy from $62.00 to $66.00 and gave the stock a "neutral" rating in a research report on Tuesday, February 24th. Scotiabank raised their target price on shares of Dominion Energy from $63.00 to $67.00 and gave the company a "sector perform" rating in a research note on Monday, March 2nd. Finally, JPMorgan Chase & Co. reduced their price target on shares of Dominion Energy from $62.00 to $59.00 and set an "underweight" rating on the stock in a report on Thursday, December 11th. Three analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock presently has an average rating of "Hold" and a consensus price target of $64.73.

Dominion Energy Stock Down 0.5%

Shares of D opened at $62.92 on Tuesday. The company has a debt-to-equity ratio of 1.36, a current ratio of 0.77 and a quick ratio of 0.59. The stock has a market capitalization of $55.29 billion, a price-to-earnings ratio of 18.29, a price-to-earnings-growth ratio of 1.71 and a beta of 0.71. Dominion Energy Inc. has a 1 year low of $48.07 and a 1 year high of $67.57. The business's 50 day simple moving average is $61.71 and its 200-day simple moving average is $60.71.

Dominion Energy (NYSE:D - Get Free Report) last posted its earnings results on Monday, February 23rd. The utilities provider reported $0.68 earnings per share for the quarter, beating analysts' consensus estimates of $0.67 by $0.01. The firm had revenue of $4.09 billion during the quarter, compared to analyst estimates of $3.65 billion. Dominion Energy had a net margin of 18.05% and a return on equity of 9.67%. Dominion Energy's revenue for the quarter was up 20.4% compared to the same quarter last year. During the same period last year, the firm posted $0.58 earnings per share. Dominion Energy has set its FY 2026 guidance at 3.450-3.690 EPS. As a group, equities analysts expect that Dominion Energy Inc. will post 3.39 earnings per share for the current fiscal year.

Dominion Energy Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, March 20th. Stockholders of record on Friday, February 27th will be given a dividend of $0.6675 per share. This represents a $2.67 annualized dividend and a dividend yield of 4.2%. The ex-dividend date is Friday, February 27th. Dominion Energy's dividend payout ratio is currently 77.62%.

Dominion Energy Company 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.

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