Nykredit A S Takes $6.74 Million Position in Dominion Energy Inc. $D

Nykredit A S acquired a new stake in shares of Dominion Energy Inc. (NYSE:DFree Report) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 98,676 shares of the utilities provider’s stock, valued at approximately $6,739,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of D. Robbins Farley grew its position in shares of Dominion Energy by 1.6% during the 2nd quarter. Robbins Farley now owns 77,223 shares of the utilities provider’s stock valued at $5,274,000 after purchasing an additional 1,234 shares in the last quarter. Chesapeake Wealth Management raised its position in shares of Dominion Energy by 74.5% in the second quarter. Chesapeake Wealth Management now owns 9,211 shares of the utilities provider’s stock worth $629,000 after buying an additional 3,933 shares in the last quarter. Midwest Professional Planners LTD. raised its position in shares of Dominion Energy by 1.0% in the second quarter. Midwest Professional Planners LTD. now owns 20,906 shares of the utilities provider’s stock worth $1,428,000 after buying an additional 212 shares in the last quarter. Investors Research Corp boosted its stake in Dominion Energy by 11.3% during the second quarter. Investors Research Corp now owns 7,865 shares of the utilities provider’s stock valued at $537,000 after buying an additional 798 shares during the period. Finally, Proficio Capital Partners LLC bought a new stake in Dominion Energy during the second quarter valued at $204,000. Institutional investors own 73.04% of the company’s stock.

Dominion Energy Stock Performance

NYSE:D opened at $65.72 on Friday. The company has a market capitalization of $57.80 billion, a price-to-earnings ratio of 22.90, a PEG ratio of 3.07 and a beta of 0.64. The business has a 50 day moving average of $68.76 and a 200 day moving average of $65.84. The company has a debt-to-equity ratio of 1.43, a current ratio of 0.81 and a quick ratio of 0.64. Dominion Energy Inc. has a 1-year low of $55.85 and a 1-year high of $72.99.

Dominion Energy (NYSE:DGet Free Report) last issued its quarterly earnings results on Friday, July 31st. The utilities provider reported $0.79 EPS for the quarter, beating analysts’ consensus estimates of $0.68 by $0.11. The business had revenue of $4.48 billion for the quarter, compared to analysts’ expectations of $4.04 billion. Dominion Energy had a net margin of 13.98% and a return on equity of 9.62%. The business’s quarterly revenue was up 17.6% on a year-over-year basis. During the same period last year, the business earned $0.75 earnings per share. Dominion Energy has set its FY 2026 guidance at 3.450-3.690 EPS. On average, sell-side analysts predict that Dominion Energy Inc. will post 3.57 earnings per share for the current fiscal year.

Dominion Energy Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Sunday, September 20th. Investors of record on Friday, September 4th will be issued a dividend of $0.6675 per share. The ex-dividend date of this dividend is Friday, September 4th. This represents a $2.67 annualized dividend and a dividend yield of 4.1%. Dominion Energy’s dividend payout ratio (DPR) is currently 93.03%.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on the company. Wall Street Zen lowered Dominion Energy from a “hold” rating to a “sell” rating in a research note on Saturday, May 16th. Wells Fargo & Company boosted their price objective on Dominion Energy from $66.00 to $68.00 and gave the stock an “overweight” rating in a report on Friday, May 15th. Royal Bank Of Canada upped their price objective on shares of Dominion Energy from $66.00 to $72.00 and gave the stock a “sector perform” rating in a research report on Tuesday, May 19th. BMO Capital Markets raised their target price on shares of Dominion Energy from $64.00 to $70.00 and gave the company a “market perform” rating in a research note on Wednesday, July 22nd. Finally, Morgan Stanley dropped their target price on shares of Dominion Energy from $71.00 to $68.00 and set an “equal weight” rating for the company in a research report on Friday, August 21st. Five equities research analysts have rated the stock with a Buy rating, nine have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $69.93.

Read Our Latest Stock Analysis on Dominion Energy

Trending Headlines about Dominion Energy

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

  • Positive Sentiment: Dominion shareholders approved the proposed $66.8 billion all-stock merger with NextEra Energy by an overwhelming margin, with approximately 671.3 million votes in favor. The approval removes a major transaction hurdle and supports the companies’ expected long-term strategic combination. Dominion Energy secures shareholder approval for merger with NextEra
  • Neutral Sentiment: A Virginia panel backed a Dominion gas plant that could improve generation capacity and reliability, but the project may add a long-term charge to customers’ electric bills. The potential infrastructure benefit is therefore balanced by affordability concerns. Virginia panel backs Dominion gas plant
  • Negative Sentiment: Arlington County plans to intervene in the merger review, citing rising electric bills and seeking greater scrutiny of the transaction. Other advocacy groups and Virginia officials are also requesting answers about how the merger could affect rates, increasing the risk of delays or additional conditions. Arlington to intervene in Dominion-NextEra merger
  • Negative Sentiment: Dominion Power proposed a rate increase to recover approximately $922 million in fuel costs. Higher customer bills, repeated outage complaints and opposition to new transmission land acquisitions could intensify political and regulatory pressure on the utility. Dominion Power proposes price hike

About Dominion Energy

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Dominion Energy (NYSE:D)

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