Illinois Municipal Retirement Fund Trims Holdings in Dominion Energy Inc. $D

Illinois Municipal Retirement Fund reduced its position in shares of Dominion Energy Inc. (NYSE:D) by 19.0% during the 1st quarter, Holdings Channel.com reports. The firm owned 50,297 shares of the utilities provider’s stock after selling 11,808 shares during the quarter. Illinois Municipal Retirement Fund’s holdings in Dominion Energy were worth $3,109,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of D. CWA Asset Management Group LLC increased its stake in Dominion Energy by 192.1% in the fourth quarter. CWA Asset Management Group LLC now owns 37,068 shares of the utilities provider’s stock valued at $2,172,000 after purchasing an additional 24,376 shares during the last quarter. North Dakota State Investment Board acquired a new stake in Dominion Energy in the 4th quarter worth about $1,715,000. Exchange Traded Concepts LLC grew its holdings in Dominion Energy by 16.2% in the 4th quarter. Exchange Traded Concepts LLC now owns 302,366 shares of the utilities provider’s stock valued at $17,716,000 after buying an additional 42,094 shares during the period. Vanguard Group Inc. grew its holdings in Dominion Energy by 0.9% in the 4th quarter. Vanguard Group Inc. now owns 107,099,758 shares of the utilities provider’s stock valued at $6,274,975,000 after buying an additional 940,838 shares during the period. Finally, Robbins Farley acquired a new position in shares of Dominion Energy during the 4th quarter valued at about $3,601,000. 73.04% of the stock is currently owned by hedge funds and other institutional investors.

Dominion Energy News Roundup

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 Stock Up 0.1%

Shares of NYSE:D opened at $71.08 on Monday. The stock has a 50-day simple moving average of $67.76 and a 200-day simple moving average of $64.00. The stock has a market capitalization of $62.52 billion, a P/E ratio of 21.03 and a beta of 0.65. Dominion Energy Inc. has a 1 year low of $55.85 and a 1 year high of $72.99. The company has a debt-to-equity ratio of 1.38, a quick ratio of 0.61 and a current ratio of 0.78.

Dominion Energy (NYSE:D) last posted its quarterly earnings results on Friday, May 1st. The utilities provider reported $0.95 EPS for the quarter, beating the consensus estimate of $0.90 by $0.05. The firm had revenue of $5.02 billion for the quarter, compared to analyst estimates of $4.43 billion. Dominion Energy had a net margin of 16.93% and a return on equity of 9.63%. Dominion Energy’s revenue for the quarter was up 23.1% compared to the same quarter last year. During the same quarter last year, the firm posted $0.93 earnings per share. Dominion Energy has set its FY 2026 guidance at 3.450-3.690 EPS. Equities analysts forecast that Dominion Energy Inc. will post 3.58 earnings per share for the current year.

Dominion Energy Announces Dividend

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

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on D shares. Barclays decreased their target price on shares of Dominion Energy from $70.00 to $69.00 and set an “overweight” rating on the stock in a research report on Tuesday, June 23rd. Wells Fargo & Company increased their price target on shares of Dominion Energy from $66.00 to $68.00 and gave the stock an “overweight” rating in a research note on Friday, May 15th. Weiss Ratings upgraded shares of Dominion Energy from a “buy (b-)” rating to a “buy (b)” rating in a report on Friday, May 22nd. Jefferies Financial Group raised shares of Dominion Energy from a “hold” rating to a “buy” rating and boosted their price objective for the company from $65.00 to $76.00 in a research note on Thursday, May 28th. Finally, Morgan Stanley dropped their price objective on Dominion Energy from $69.00 to $68.00 and set an “equal weight” rating for the company in a report on Tuesday, April 21st. 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 stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $67.62.

About Dominion Energy

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.