Dominion Energy Inc. $D Shares Sold by Jennison Associates LLC

Jennison Associates LLC lowered its position in shares of Dominion Energy Inc. (NYSE:D) by 2.1% in the first quarter, Holdings Channel reports. The institutional investor owned 902,956 shares of the utilities provider’s stock after selling 19,489 shares during the period. Jennison Associates LLC’s holdings in Dominion Energy were worth $55,821,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Wellington Management Group LLP increased its stake in shares of Dominion Energy by 46.2% during the fourth quarter. Wellington Management Group LLP now owns 44,943,727 shares of the utilities provider’s stock worth $2,633,253,000 after acquiring an additional 14,197,581 shares during the period. Norges Bank purchased a new position in Dominion Energy during the fourth quarter worth about $655,142,000. Capital Research Global Investors lifted its position in Dominion Energy by 9.0% in the fourth quarter. Capital Research Global Investors now owns 59,790,734 shares of the utilities provider’s stock valued at $3,503,142,000 after purchasing an additional 4,940,692 shares during the period. Adage Capital Partners GP L.L.C. acquired a new stake in Dominion Energy in the fourth quarter valued at about $125,495,000. Finally, State Street Corp boosted its holdings in Dominion Energy by 3.6% in the 4th quarter. State Street Corp now owns 48,620,273 shares of the utilities provider’s stock valued at $2,848,662,000 after purchasing an additional 1,686,050 shares in the last quarter. Hedge funds and other institutional investors own 73.04% of the company’s stock.

Dominion Energy Trading Up 0.1%

Shares of D opened at $71.08 on Monday. The company has a current ratio of 0.78, a quick ratio of 0.61 and a debt-to-equity ratio of 1.38. The firm’s 50-day moving average is $67.76 and its two-hundred day moving average is $64.00. Dominion Energy Inc. has a twelve month low of $55.85 and a twelve month high of $72.99. The firm has a market capitalization of $62.52 billion, a P/E ratio of 21.03 and a beta of 0.65.

Dominion Energy (NYSE:D) last issued its earnings results on Friday, May 1st. The utilities provider reported $0.95 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.90 by $0.05. Dominion Energy had a net margin of 16.93% and a return on equity of 9.63%. The company had revenue of $5.02 billion during the quarter, compared to analysts’ expectations of $4.43 billion. During the same period last year, the company posted $0.93 earnings per share. The firm’s quarterly revenue 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. On average, research analysts predict that Dominion Energy Inc. will post 3.58 earnings per share for the current fiscal year.

Dominion Energy Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Saturday, June 20th. Investors of record on Friday, May 29th were paid a $0.6675 dividend. This represents a $2.67 annualized dividend and a yield of 3.8%. The ex-dividend date of this dividend was Friday, May 29th. Dominion Energy’s dividend payout ratio (DPR) is presently 78.99%.

Analysts Set New Price Targets

Several equities analysts have issued reports on D shares. Wells Fargo & Company boosted their target price on Dominion Energy from $66.00 to $68.00 and gave the stock an “overweight” rating in a research report on Friday, May 15th. Seaport Research Partners downgraded Dominion Energy from a “buy” rating to a “hold” rating in a research note on Wednesday, May 20th. Jefferies Financial Group raised Dominion Energy from a “hold” rating to a “buy” rating and upped their price objective for the stock from $65.00 to $76.00 in a report on Thursday, May 28th. Wall Street Zen cut Dominion Energy from a “hold” rating to a “sell” rating in a research report on Saturday, May 16th. Finally, Royal Bank Of Canada raised their target price on Dominion Energy from $66.00 to $72.00 and gave the company a “sector perform” rating in a report on Tuesday, May 19th. Four research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, Dominion Energy has a consensus rating of “Hold” and a consensus price target of $67.62.

Key Dominion Energy News

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

• Positive Sentiment: Dominion and NextEra Energy filed regulatory applications for their proposed mega-merger, advancing a deal that could create the world’s largest regulated electric utility. The companies also said customers in Virginia, North Carolina, and South Carolina would receive $2.25 billion in shareholder-funded bill credits, which may help ease regulatory concerns and support the stock. Article Title
• Positive Sentiment: Multiple reports said the merger process is now moving into formal state and federal review, signaling meaningful progress on a transaction that could reshape Dominion’s long-term growth profile and scale. Article Title
• Positive Sentiment: Dominion Energy is also piloting LōD’s grid-responsive AI inference technology in Ashland, Virginia, which fits the company’s push to manage rising power demand from data centers more efficiently. Article Title
• Neutral Sentiment: Traders bought an unusually large number of Dominion call options, suggesting speculation that shares could continue moving higher, but this reflects positioning rather than a confirmed fundamental catalyst.

Dominion Energy Company Profile

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.