London Co. of Virginia Sells 65,164 Shares of Dominion Energy Inc. $D

Key Points

• London Co. of Virginia sold 65,164 shares of Dominion Energy, trimming its position by 1.3% to 4,900,535 shares worth about $299.8 million, roughly 1.7% of its portfolio and the firm's 22nd largest holding.
• Dominion Energy beat quarterly EPS estimates ($0.68 vs. $0.67) and posted revenue of $4.09 billion (up 20.4% YoY), set FY2026 EPS guidance at 3.45–3.69, and declared a quarterly dividend of $0.6675 per share (annualized yield ~4.2%).
• Analysts have an average rating of Hold with a consensus target price of $64.73 (3 Buy, 10 Hold, 1 Sell), and institutional investors own about 73.04% of the stock.

London Co. of Virginia lowered its holdings in Dominion Energy Inc. (NYSE:D - Free Report) by 1.3% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 4,900,535 shares of the utilities provider's stock after selling 65,164 shares during the quarter. Dominion Energy comprises approximately 1.7% of London Co. of Virginia's investment portfolio, making the stock its 22nd largest holding. London Co. of Virginia owned about 0.57% of Dominion Energy worth $299,767,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of the business. CoreFirst Bank & Trust acquired a new position in shares of Dominion Energy during the second quarter valued at about $25,000. United Community Bank acquired a new stake in shares of Dominion Energy in the 3rd quarter worth about $29,000. JPL Wealth Management LLC bought a new position in Dominion Energy in the 3rd quarter valued at about $30,000. Hanson & Doremus Investment Management bought a new position in Dominion Energy in the 3rd quarter valued at about $31,000. Finally, Twin Peaks Wealth Advisors LLC acquired a new position in Dominion Energy during the 2nd quarter valued at about $32,000. Institutional investors and hedge funds own 73.04% of the company's stock.

Analyst Upgrades and Downgrades

D has been the subject of several analyst reports. TD Cowen assumed coverage on Dominion Energy in a research note on Friday, January 9th. They issued a "hold" rating and a $65.00 price objective for the company. Scotiabank lifted their target price on Dominion Energy from $63.00 to $67.00 and gave the company a "sector perform" rating in a research report on Monday, March 2nd. Barclays decreased their price target on Dominion Energy from $64.00 to $63.00 and set an "overweight" rating for the company 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 shares of Dominion Energy from a "hold (c+)" rating to a "buy (b-)" rating in a report on Monday, February 9th. Three research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat, the company currently has an average rating of "Hold" and a consensus target price of $64.73.

Dominion Energy Stock Performance

Shares of Dominion Energy stock opened at $63.48 on Tuesday. The business's fifty day simple moving average is $62.11 and its 200 day simple moving average is $60.80. 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 12 month low of $48.07 and a 12 month high of $67.57. The firm has a market capitalization of $55.79 billion, a P/E ratio of 18.45, a price-to-earnings-growth ratio of 1.71 and a beta of 0.71.

Dominion Energy (NYSE:D - Get Free Report) last announced its quarterly earnings data on Monday, February 23rd. The utilities provider reported $0.68 earnings per share (EPS) for the quarter, beating analysts' consensus estimates 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 the consensus estimate of $3.65 billion. During the same quarter in the prior year, the company earned $0.58 EPS. The business's revenue for the quarter 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, analysts anticipate that Dominion Energy Inc. will post 3.39 EPS for the current year.

Dominion Energy Dividend Announcement

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

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