ARS Wealth Advisors Group 13F: Exits Dominion Energy (D) Stake

ARS Wealth Advisors Group sold its entire stake in Dominion Energy, Inc. (D) in a filing on October 16, 2026. The firm cut its position by 3,433 shares, reducing its total holdings to zero. This sale represents a 100% decrease in its investment in the company, reflecting a complete exit.

What Changed in ARS Wealth Advisors Group's Dominion Energy Position

The firm now holds no shares in Dominion Energy after selling its entire 3,433 shares. The recent trading price of the stock was approximately $63.61 as of October 16, 2026.

Other Institutional Activity in Dominion Energy

Several other funds continue to hold significant positions in Dominion Energy. Capital Research Global Investors increased its stake by 24,879,836 shares, bringing its total to 73,855,890 shares worth about $4.69 billion. Blackrock Inc. trimmed its position by 7,996,154 shares, ending with 73,018,575 shares valued at around $4.64 billion. Vanguard Capital Management LLC added 1,147,476 shares, giving it a total of 57,396,293 shares worth about $3.65 billion. State Street Corporation grew its holdings by 1,702,827 shares, holding 50,917,469 shares valued at approximately $3.24 billion. Vanguard Portfolio Management LLC also increased its stake by 644,137 shares, now holding 45,067,363 shares worth about $2.86 billion.

Dominion Energy, Inc. Stock Up 1.2%

Dominion Energy's shares are currently trading around $63.61, which is about 12.9% lower than the 52-week high of $72.99. The stock is also below its 50-day and 200-day moving averages, which are approximately $64.56 and $64.49 respectively, suggesting a challenging market position for the utility sector.

Recent Earnings

For the year ending June 30, 2026, Dominion Energy reported a revenue of approximately $18.12 billion and an EPS of $2.89. The next earnings report is expected on October 30, 2026, which may provide further insights into the company's performance.

Insider Buying and Selling at Dominion Energy, Inc.

On August 27, 2025, Chief Executive Officer Robert M. Blue purchased 4,152 shares of Dominion Energy at an average price of $60.35, totaling an investment of about $250,557. This transaction occurred before the recent changes in institutional holdings.

Analysts Set New Price Targets

On October 12, 2026, Truist Securities maintained a Hold rating for Dominion Energy with a price target of $62.00, down from $66.00. Earlier in August, TD Cowen upgraded the stock to Buy with an $80.00 target, while other firms provided varying ratings and targets, indicating mixed opinions about the stock's immediate future. The consensus among analysts suggests a mean target of $71.58 based on 12 opinions, reflecting a bullish outlook despite recent selling activity.

About Dominion Energy

Dominion Energy, Inc. provides regulated electricity and natural gas services to customers in the United States. The firm operates through various segments, primarily focusing on electricity generation, distribution, and transmission in Virginia and North Carolina. The recent exit from its position by ARS Wealth Advisors Group highlights the concerns around the company's stock amidst current trading conditions.

Bottom Line

Watch for Dominion Energy's upcoming earnings report on October 30, 2026, which could shed light on the company's financial health. The recent filing by ARS Wealth Advisors Group shows a strategic shift away from the stock, which may indicate broader market sentiments regarding utility investments. Keep in mind that 13F filings are backward-looking: they show holdings as of the end of the reporting quarter and may not represent the fund's current position.