Rep. Gerald E. Connolly Sells Off Shares of Dominion Energy, Inc. (NYSE:D)

Representative Gerald E. Connolly (D-Virginia) recently sold shares of Dominion Energy, Inc. (NYSE:D). In a filing disclosed on February 06th, the Representative disclosed that they had sold between $1,001 and $15,000 in Dominion Energy stock on February 5th. The trade occurred in the Representative’s “TIAA JOINT” account.

Representative Gerald E. Connolly also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of Leidos (NYSE:LDOS) on 2/5/2025.
• Sold $1,001 – $15,000 in shares of Science Applications International (NYSE:SAIC) on 2/5/2025.

Dominion Energy Price Performance

Shares of Dominion Energy stock opened at $54.64 on Friday. Dominion Energy, Inc. has a 52 week low of $43.53 and a 52 week high of $61.97. The company has a current ratio of 0.74, a quick ratio of 0.58 and a debt-to-equity ratio of 1.42. The company’s 50-day moving average price is $54.59 and its two-hundred day moving average price is $56.14. The stock has a market cap of $45.90 billion, a PE ratio of 19.17, a price-to-earnings-growth ratio of 1.21 and a beta of 0.61.

Dominion Energy Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 20th. Stockholders of record on Friday, February 28th will be paid a $0.6675 dividend. This represents a $2.67 dividend on an annualized basis and a dividend yield of 4.89%. The ex-dividend date of this dividend is Friday, February 28th. Dominion Energy’s dividend payout ratio is presently 93.68%.

Hedge Funds Weigh In On Dominion Energy

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. AQR Capital Management LLC raised its position in Dominion Energy by 201.9% in the second quarter. AQR Capital Management LLC now owns 33,747 shares of the utilities provider’s stock worth $1,654,000 after purchasing an additional 22,567 shares in the last quarter. Czech National Bank raised its holdings in shares of Dominion Energy by 7.0% in the 3rd quarter. Czech National Bank now owns 170,900 shares of the utilities provider’s stock worth $9,876,000 after buying an additional 11,171 shares in the last quarter. Miracle Mile Advisors LLC raised its stake in Dominion Energy by 1.3% during the third quarter. Miracle Mile Advisors LLC now owns 17,646 shares of the utilities provider’s stock worth $1,020,000 after acquiring an additional 230 shares in the last quarter. Chesley Taft & Associates LLC lifted its holdings in Dominion Energy by 2.7% during the 3rd quarter. Chesley Taft & Associates LLC now owns 15,997 shares of the utilities provider’s stock valued at $924,000 after purchasing an additional 420 shares during the last quarter. Finally, Atomi Financial Group Inc. boosted its holdings in shares of Dominion Energy by 12.2% in the 3rd quarter. Atomi Financial Group Inc. now owns 9,650 shares of the utilities provider’s stock worth $558,000 after acquiring an additional 1,050 shares in the last quarter. 73.04% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on D. 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. Scotiabank boosted their target price on shares of Dominion Energy from $58.00 to $61.00 and gave the company a “sector perform” rating in a research note on Thursday, December 12th. Morgan Stanley started coverage on Dominion Energy in a research report on Monday, December 2nd. They issued an “equal weight” rating and a $61.00 target price for the company. Finally, The Goldman Sachs Group reissued a “neutral” rating and set a $61.00 price target on shares of Dominion Energy in a research report on Friday, November 8th. Eleven investment analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. According to data from MarketBeat.com, Dominion Energy presently has a consensus rating of “Hold” and an average price target of $56.58.

About Representative Connolly

Gerald Edward Connolly (Democratic Party) (also known as Gerry) is a member of the U.S. House, representing Virginia’s 11th Congressional District. He assumed office on January 3, 2009. His current term ends on January 3, 2027.

Connolly (Democratic Party) ran for re-election to the U.S. House to represent Virginia’s 11th Congressional District. He won in the general election on November 5, 2024.

Click here to see Connolly’s key votes in Congress.

Since at least 2012, Connolly was assigned to the Committee on Foreign Affairs and the Committee on Oversight and Government Reform.

From 1995 through 2008, Connolly served as a member of the Fairfax County Board of Supervisors.

Connolly was born in Boston, Massachusetts. He earned his bachelor’s from Maryknoll College in 1971 and his M.P.A. in 1971 from Harvard University. After receiving his master’s, he began working for the United States Senate Committee on Foreign Relations.[1] Prior to his election to the U.S. House, Connolly was a chair of the Board of Supervisors in Fairfax County, Va.

About Dominion Energy

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.