Rep. Josh Gottheimer Sells Off Shares of Dominion Energy, Inc. (NYSE:D)

Representative Josh Gottheimer (D-New Jersey) recently sold shares of Dominion Energy, Inc. (NYSE:D). In a filing disclosed on January 14th, the Representative disclosed that they had sold between $1,001 and $15,000 in Dominion Energy stock on December 16th. The trade occurred in the Representative’s “MORGAN STANLEY – SELECT UMA ACCOUNT # 1” account.

Representative Josh Gottheimer also recently made the following trade(s):

  • Purchased $1,001 – $15,000 in shares of Block (NYSE:SQ) on 12/30/2024.
  • Purchased $1,001 – $15,000 in shares of The Goldman Sachs Group (NYSE:GS) on 12/30/2024.
  • Sold $1,001 – $15,000 in shares of Ambev (NYSE:ABEV) on 12/27/2024.
  • Sold $1,001 – $15,000 in shares of Grupo Financiero Banorte (OTCMKTS:GBOOY) on 12/27/2024.
  • Sold $1,001 – $15,000 in shares of Cadre (NYSE:CDRE) on 12/27/2024.
  • Sold $1,001 – $15,000 in shares of Coloplast A/S (OTCMKTS:CLPBY) on 12/27/2024.
  • Sold $1,001 – $15,000 in shares of Intuitive Surgical (NASDAQ:ISRG) on 12/23/2024.
  • Sold $1,001 – $15,000 in shares of Trane Technologies (NYSE:TT) on 12/23/2024.
  • Purchased $1,001 – $15,000 in shares of Walmart (NYSE:WMT) on 12/20/2024.
  • Sold $1,001 – $15,000 in shares of NVIDIA (NASDAQ:NVDA) on 12/19/2024.

Dominion Energy Stock Up 2.7 %

D opened at $55.10 on Friday. The company has a debt-to-equity ratio of 1.42, a quick ratio of 0.58 and a current ratio of 0.74. The stock’s fifty day moving average is $55.57 and its 200-day moving average is $55.67. Dominion Energy, Inc. has a one year low of $43.53 and a one year high of $61.97. The company has a market capitalization of $46.28 billion, a PE ratio of 19.33, a P/E/G ratio of 1.16 and a beta of 0.60.

Dominion Energy (NYSE:DGet Free Report) last announced its quarterly earnings data on Friday, November 1st. The utilities provider reported $0.98 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.93 by $0.05. Dominion Energy had a net margin of 16.95% and a return on equity of 8.35%. The company had revenue of $3.94 billion for the quarter, compared to analysts’ expectations of $4.18 billion. During the same quarter in the previous year, the company posted $0.77 EPS. The business’s revenue was up 3.4% compared to the same quarter last year. On average, equities analysts predict that Dominion Energy, Inc. will post 2.76 EPS for the current fiscal year.

Dominion Energy Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, December 20th. Investors of record on Friday, November 29th were paid a dividend of $0.6675 per share. The ex-dividend date of this dividend was Friday, November 29th. This represents a $2.67 dividend on an annualized basis and a dividend yield of 4.85%. Dominion Energy’s dividend payout ratio is presently 93.68%.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on D. Scotiabank increased their price target on Dominion Energy from $58.00 to $61.00 and gave the company a “sector perform” rating in a research report on Thursday, December 12th. Barclays lifted their target price on shares of Dominion Energy from $54.00 to $58.00 and gave the stock an “overweight” rating in a research report on Tuesday, October 15th. Jefferies Financial Group initiated coverage on shares of Dominion Energy in a research report on Friday, September 20th. They issued a “hold” rating and a $58.00 price target for the company. Morgan Stanley assumed coverage on shares of Dominion Energy in a research report on Monday, December 2nd. They set an “equal weight” rating and a $61.00 price objective on the stock. Finally, The Goldman Sachs Group restated a “neutral” rating and issued a $61.00 target price on shares of Dominion Energy in a report on Friday, November 8th. Eleven investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $56.58.

Check Out Our Latest Report on D

Hedge Funds Weigh In On Dominion Energy

Several institutional investors and hedge funds have recently modified their holdings of D. Sanctuary Wealth Management L.L.C. purchased a new position in Dominion Energy in the third quarter valued at about $28,000. Roble Belko & Company Inc acquired a new stake in shares of Dominion Energy during the 4th quarter valued at about $27,000. Frazier Financial Advisors LLC acquired a new stake in shares of Dominion Energy during the 3rd quarter valued at about $32,000. Dunhill Financial LLC grew its stake in shares of Dominion Energy by 601.2% in the 3rd quarter. Dunhill Financial LLC now owns 568 shares of the utilities provider’s stock valued at $33,000 after buying an additional 487 shares in the last quarter. Finally, Larson Financial Group LLC increased its holdings in Dominion Energy by 282.4% in the third quarter. Larson Financial Group LLC now owns 608 shares of the utilities provider’s stock worth $35,000 after buying an additional 449 shares during the last quarter. 73.04% of the stock is currently owned by hedge funds and other institutional investors.

About Representative Gottheimer

Josh Gottheimer (Democratic Party) is a member of the U.S. House, representing New Jersey’s 5th Congressional District. He assumed office on January 3, 2017. His current term ends on January 3, 2025. Gottheimer (Democratic Party) is running for re-election to the U.S. House to represent New Jersey’s 5th Congressional District. He declared candidacy for the 2024 election. Gottheimer was first elected to the House in 2016. Prior to his election, Gottheimer worked for Microsoft, the Federal Communications Commission, and for the administration of President Bill Clinton (D). Click here for more information about Gottheimer’s career. Gottheimer serves on the House Financial Services Committee, where is a member of three subcommittees. For more on Gottheimer’s committee assignments, click here. Gottheimer became a co-chair of the Problem Solvers Caucus in February 2017. Gottheimer attended the University of Pennsylvania for his undergraduate degree. He became a Thouron Fellow at Oxford and attended Harvard Law School. Gottheimer worked as a speech writer under former President Bill Clinton (D), assisting with two State of the Union addresses, among other projects. Before running for Congress, he worked for Microsoft as a general manager for corporate strategy.

Dominion Energy Company Profile

(Get Free Report)

Dominion Energy, Inc produces and distributes energy in the United States. It operates through three operating segments: Dominion Energy Virginia, Dominion Energy South Carolina, and Contracted Energy. The Dominion Energy Virginia segment generates, transmits, and distributes regulated electricity to approximately 2.8 million residential, commercial, industrial, and governmental customers in Virginia and North Carolina.

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