National Pension Service lifted its stake in Dominion Energy Inc. (NYSE:D – Free Report) by 1.0% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 1,276,493 shares of the utilities provider’s stock after acquiring an additional 12,405 shares during the quarter. National Pension Service owned approximately 0.15% of Dominion Energy worth $87,172,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds have also bought and sold shares of the stock. BlackRock Inc. bought a new position in Dominion Energy in the second quarter valued at approximately $4,986,439,000. California State Teachers Retirement System raised its stake in shares of Dominion Energy by 6,985.1% during the 2nd quarter. California State Teachers Retirement System now owns 69,835,266 shares of the utilities provider’s stock worth $4,769,050,000 after purchasing an additional 68,849,598 shares in the last quarter. Bank of America Corp DE acquired a new stake in shares of Dominion Energy in the 2nd quarter valued at approximately $996,984,000. Wellington Management Group LLP boosted its holdings in shares of Dominion Energy by 46.2% in the 4th quarter. Wellington Management Group LLP now owns 44,943,727 shares of the utilities provider’s stock valued at $2,633,253,000 after buying an additional 14,197,581 shares during the last quarter. Finally, Norges Bank bought a new position in shares of Dominion Energy in the fourth quarter valued at $655,142,000. Institutional investors own 73.04% of the company’s stock.
Wall Street Analyst Weigh In
Several analysts have issued reports on D shares. Seaport Research Partners lowered shares of Dominion Energy from a “buy” rating to a “hold” rating in a research report on Wednesday, May 20th. Wells Fargo & Company boosted their price objective 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. Jefferies Financial Group raised shares of Dominion Energy from a “hold” rating to a “buy” rating and upped their target price for the company from $65.00 to $76.00 in a report on Thursday, May 28th. Mizuho raised their price objective on Dominion Energy from $66.00 to $72.00 and gave the company a “neutral” rating in a research report on Tuesday, May 26th. Finally, BMO Capital Markets raised their target price on shares of Dominion Energy from $64.00 to $70.00 and gave the stock a “market perform” rating in a research note on Wednesday, July 22nd. Five equities research analysts have rated the stock with a Buy rating, nine have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, Dominion Energy currently has an average rating of “Hold” and a consensus target price of $69.93.
Dominion Energy Trading Down 0.3%
Shares of D stock opened at $64.83 on Friday. The stock has a market cap of $57.02 billion, a P/E ratio of 22.59, a price-to-earnings-growth ratio of 3.03 and a beta of 0.64. Dominion Energy Inc. has a 1 year low of $55.85 and a 1 year high of $72.99. The company has a current ratio of 0.81, a quick ratio of 0.64 and a debt-to-equity ratio of 1.43. The stock has a 50 day simple moving average of $68.41 and a 200 day simple moving average of $65.83.
Dominion Energy (NYSE:D – Get Free Report) last posted its quarterly earnings data on Friday, July 31st. The utilities provider reported $0.79 EPS for the quarter, topping analysts’ consensus estimates of $0.68 by $0.11. The firm had revenue of $4.48 billion for the quarter, compared to analyst estimates of $4.04 billion. Dominion Energy had a return on equity of 9.62% and a net margin of 13.98%.The company’s revenue was up 17.6% on a year-over-year basis. During the same quarter last year, the company earned $0.75 EPS. 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 3.57 earnings per share for the current fiscal year.
Dominion Energy Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Sunday, September 20th. Investors of record on Friday, September 4th will be paid a $0.6675 dividend. This represents a $2.67 dividend on an annualized basis and a yield of 4.1%. The ex-dividend date of this dividend is Friday, September 4th. Dominion Energy’s payout ratio is 93.03%.
Dominion Energy News Summary
Here are the key news stories impacting Dominion Energy this week:
- Positive Sentiment: The proposed Dominion–NextEra combination continues to advance after shareholders of both companies approved the transaction on September 3. The combined utility would serve approximately 10 million customer accounts across four states, offering potential scale and operating efficiencies. Wynson Securities announces progress on the Dominion–NextEra combination
- Neutral Sentiment: State regulators are adding local hearings to the merger review, giving communities more opportunities to comment. The hearings do not necessarily derail the transaction but extend the regulatory process and keep the deal in the spotlight. Commission adds local hearings to merger review
- Negative Sentiment: Richmond City Council voted to intervene in the merger case, while local residents and officials criticized potential impacts on electricity costs and Dominion’s proposed large gas plant. The opposition increases the risk of conditions, delays or added costs before approval. Richmond City Council votes to intervene in merger proposal
- Neutral Sentiment: Operational reports included a temporary outage affecting more than 100 customers after a vehicle crash and a planned lowering of Lake Murray’s water level. These events appear localized and are unlikely to materially affect Dominion’s earnings outlook. Dominion to lower Lake Murray levels
Dominion Energy Company Profile
Dominion Energy, Inc is a regulated energy company headquartered in Richmond, Virginia. Through its utility operations, the company generates, transmits and distributes electricity and provides natural gas service to residential, commercial and industrial customers, primarily in Virginia and South Carolina.
The company’s electric generation portfolio includes nuclear, natural gas, renewable energy and hydroelectric resources. Dominion Energy also operates electric transmission and distribution networks, natural gas distribution systems and related energy infrastructure.
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