BlackRock Amends Dominion Energy Stake (13G/A)
Ticker: D · Form: SC 13G/A · Filed: Jan 26, 2024 · CIK: 715957
Complexity: simple
Sentiment: neutral
Topics: institutional-ownership, amendment, passive-investment
Related Tickers: D
TL;DR
**BlackRock updated its passive stake in Dominion Energy as of year-end 2023.**
AI Summary
BlackRock Inc. filed an amended Schedule 13G/A on January 26, 2024, indicating its ownership of Dominion Energy Inc. common stock as of December 31, 2023. This filing, Amendment No. 14, updates previous disclosures about BlackRock's passive investment in the utility company. For investors, this matters because BlackRock is a major institutional investor, and changes in its holdings can signal shifts in its view of Dominion Energy's long-term prospects, potentially influencing other investors.
Why It Matters
This filing shows BlackRock's updated passive ownership in Dominion Energy, providing transparency on a significant institutional investor's position. It can offer a subtle signal about institutional confidence in the company.
Risk Assessment
Risk Level: low — This is a routine amendment filing by a passive institutional investor and does not indicate any immediate significant risk or opportunity.
Analyst Insight
A smart investor would note BlackRock's continued passive stake in Dominion Energy, but recognize this filing alone doesn't signal a major change in investment thesis. It's a routine update from a large institutional holder.
Key Players & Entities
- BlackRock Inc. (company) — the institutional investor filing the SC 13G/A
- DOMINION ENERGY, INC (company) — the subject company whose securities are being reported
- December 31, 2023 (date) — the date of the event which required the filing
- January 26, 2024 (date) — the date the SC 13G/A was filed
- Amendment No: 14 (number) — the specific amendment number for this filing
FAQ
What type of filing is this document?
This document is an SC 13G/A, which is an amendment to a Schedule 13G filing, specifically Amendment No. 14, as stated in the filing.
Who is the filer of this SC 13G/A?
The filer of this SC 13G/A is BlackRock Inc., as indicated in the 'FILED BY' section of the filing.
What company's securities are being reported in this filing?
The securities being reported belong to DOMINION ENERGY, INC, as stated under 'Name of Issuer' in the Schedule 13G.
What was the 'Date of Event Which Requires Filing of this Statement'?
The 'Date of Event Which Requires Filing of this Statement' was December 31, 2023, as specified in the Schedule 13G.
Under which rule was this Schedule 13G filed?
This Schedule 13G was filed under Rule 13d-1(b), as indicated by the 'X' next to '[X] Rule 13d-1(b)'.
Filing Details
This Form SC 13G/A (Form SC 13G/A) was filed with the SEC on January 26, 2024 regarding DOMINION ENERGY, INC (D).