Mizuho Markets Americas LLC Sells 587,500 Shares of Dominion Energy Inc. $D

Mizuho Markets Americas LLC lowered its holdings in shares of Dominion Energy Inc. (NYSE:DFree Report) by 67.7% in the 4th quarter, Holdings Channel.com reports. The firm owned 280,000 shares of the utilities provider’s stock after selling 587,500 shares during the quarter. Mizuho Markets Americas LLC’s holdings in Dominion Energy were worth $16,405,000 at the end of the most recent reporting period.

Several other institutional investors have also bought and sold shares of D. Triumph Capital Management bought a new position in Dominion Energy during the third quarter valued at $28,000. United Community Bank bought a new position in Dominion Energy during the third quarter valued at $29,000. Costello Asset Management INC lifted its position in Dominion Energy by 66.7% during the fourth quarter. Costello Asset Management INC now owns 500 shares of the utilities provider’s stock valued at $29,000 after purchasing an additional 200 shares during the last quarter. JPL Wealth Management LLC bought a new position in Dominion Energy during the third quarter valued at $30,000. Finally, Cornerstone Planning Group LLC lifted its position in Dominion Energy by 5,080.0% during the fourth quarter. Cornerstone Planning Group LLC now owns 518 shares of the utilities provider’s stock valued at $31,000 after purchasing an additional 508 shares during the last quarter. Institutional investors own 73.04% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have commented on the stock. Barclays increased their price objective on shares of Dominion Energy from $66.00 to $70.00 and gave the company an “overweight” rating in a research report on Monday, May 4th. Scotiabank increased 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. Weiss Ratings reissued a “buy (b-)” rating on shares of Dominion Energy in a research note on Friday, May 8th. Morgan Stanley reduced their target price on shares of Dominion Energy from $69.00 to $68.00 and set an “equal weight” rating on the stock in a research note on Tuesday, April 21st. Finally, Seaport Research Partners downgraded shares of Dominion Energy from a “buy” rating to a “hold” rating in a research note on Wednesday. Three research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $66.46.

View Our Latest Research Report on D

Trending Headlines about Dominion Energy

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Dominion Energy Trading Down 0.8%

Shares of D opened at $67.77 on Friday. Dominion Energy Inc. has a twelve month low of $53.36 and a twelve month high of $68.97. The company has a market cap of $59.60 billion, a P/E ratio of 20.05, a P/E/G ratio of 3.59 and a beta of 0.65. The company has a current ratio of 0.78, a quick ratio of 0.61 and a debt-to-equity ratio of 1.38. The company’s fifty day simple moving average is $62.84 and its 200-day simple moving average is $61.64.

Dominion Energy (NYSE:DGet Free Report) last announced its earnings results on Friday, May 1st. The utilities provider reported $0.95 earnings per share for the quarter, beating the consensus estimate of $0.90 by $0.05. The business had revenue of $5.02 billion for the quarter, compared to the consensus estimate of $4.43 billion. Dominion Energy had a net margin of 16.93% and a return on equity of 9.63%. The business’s revenue for the quarter was up 23.1% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.93 earnings per share. Dominion Energy has set its FY 2026 guidance at 3.450-3.690 EPS. As a group, analysts expect that Dominion Energy Inc. will post 3.59 EPS for the current year.

Dominion Energy Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Saturday, June 20th. Investors of record on Friday, May 29th will be paid a $0.6675 dividend. This represents a $2.67 annualized dividend and a yield of 3.9%. The ex-dividend date of this dividend is Friday, May 29th. Dominion Energy’s dividend payout ratio (DPR) is currently 78.99%.

Dominion Energy Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Dominion Energy (NYSE:D)

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