M&T Bank Corp Has $318,000 Stake in Dominion Energy Inc. $D

M&T Bank Corp decreased its holdings in Dominion Energy Inc. (NYSE:DFree Report) by 95.9% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 5,425 shares of the utilities provider’s stock after selling 126,066 shares during the period. M&T Bank Corp’s holdings in Dominion Energy were worth $318,000 as of its most recent SEC filing.

A number of other large investors also recently made changes to their positions in the business. AustralianSuper Pty Ltd grew its stake in Dominion Energy by 1,785.9% in the third quarter. AustralianSuper Pty Ltd now owns 519,100 shares of the utilities provider’s stock valued at $31,753,000 after purchasing an additional 491,574 shares in the last quarter. Kera Capital Partners Inc. acquired a new position in Dominion Energy in the third quarter worth approximately $3,574,000. Vanguard Group Inc. increased its holdings in Dominion Energy by 0.3% in the third quarter. Vanguard Group Inc. now owns 106,158,920 shares of the utilities provider’s stock worth $6,493,741,000 after buying an additional 363,610 shares during the last quarter. ANTIPODES PARTNERS Ltd increased its holdings in Dominion Energy by 84,502.3% in the third quarter. ANTIPODES PARTNERS Ltd now owns 1,735,194 shares of the utilities provider’s stock worth $106,150,000 after buying an additional 1,733,143 shares during the last quarter. Finally, Citigroup Inc. increased its holdings in Dominion Energy by 36.7% in the third quarter. Citigroup Inc. now owns 2,422,315 shares of the utilities provider’s stock worth $148,173,000 after buying an additional 649,989 shares during the last quarter. Institutional investors and hedge funds own 73.04% of the company’s stock.

Dominion Energy News Summary

Here are the key news stories impacting Dominion Energy this week:

Analyst Ratings Changes

A number of equities analysts recently commented on the company. Truist Financial assumed coverage on Dominion Energy in a report on Tuesday, April 21st. They issued a “hold” rating and a $67.00 price objective on the stock. Wells Fargo & Company dropped their price objective on Dominion Energy from $67.00 to $64.00 and set an “overweight” rating on the stock in a report on Tuesday, January 20th. Mizuho increased their price objective on Dominion Energy from $62.00 to $66.00 and gave the stock a “neutral” rating in a report on Tuesday, February 24th. Bank of America increased their price objective on Dominion Energy from $63.00 to $65.00 and gave the stock a “neutral” rating in a report on Wednesday, April 15th. Finally, Morgan Stanley dropped their price objective on Dominion Energy from $69.00 to $68.00 and set an “equal weight” rating on the stock in a report on Tuesday, April 21st. Three analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $65.69.

Check Out Our Latest Research Report on Dominion Energy

Dominion Energy Trading Down 0.0%

Shares of D stock opened at $63.93 on Monday. Dominion Energy Inc. has a 12 month low of $52.53 and a 12 month high of $67.57. The company has a quick ratio of 0.59, a current ratio of 0.77 and a debt-to-equity ratio of 1.36. The business’s 50 day moving average is $62.56 and its two-hundred day moving average is $61.27. The company has a market cap of $56.19 billion, a PE ratio of 18.91, a price-to-earnings-growth ratio of 3.36 and a beta of 0.65.

Dominion Energy (NYSE:DGet Free Report) last announced its quarterly earnings results on Friday, May 1st. The utilities provider reported $0.95 EPS for the quarter, beating the consensus estimate of $0.90 by $0.05. Dominion Energy had a return on equity of 9.76% and a net margin of 16.93%.The company had revenue of $5.02 billion for the quarter, compared to the consensus estimate of $4.43 billion. During the same quarter last year, the company posted $0.93 earnings per share. The company’s revenue for the quarter was up 23.1% compared to the same quarter last year. Dominion Energy has set its FY 2026 guidance at 3.450-3.690 EPS. Equities analysts predict that Dominion Energy Inc. will post 3.6 EPS for the current year.

About Dominion Energy

(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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