Beverly Hills Private Wealth LLC Acquires New Holdings in Dominion Energy Inc. $D

Beverly Hills Private Wealth LLC bought a new position in shares of Dominion Energy Inc. (NYSE:D) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 10,904 shares of the utilities provider’s stock, valued at approximately $745,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Cornerstone Planning LLC lifted its holdings in shares of Dominion Energy by 0.9% during the second quarter. Cornerstone Planning LLC now owns 17,280 shares of the utilities provider’s stock worth $1,180,000 after purchasing an additional 157 shares during the period. Capital Analysts LLC grew its stake in shares of Dominion Energy by 2.4% in the fourth quarter. Capital Analysts LLC now owns 6,651 shares of the utilities provider’s stock worth $390,000 after purchasing an additional 157 shares during the last quarter. Arlington Trust Co LLC increased its holdings in Dominion Energy by 47.1% in the second quarter. Arlington Trust Co LLC now owns 500 shares of the utilities provider’s stock valued at $34,000 after purchasing an additional 160 shares during the period. Navalign LLC increased its holdings in Dominion Energy by 1.2% in the first quarter. Navalign LLC now owns 14,229 shares of the utilities provider’s stock valued at $880,000 after purchasing an additional 162 shares during the period. Finally, Conning Inc. raised its position in Dominion Energy by 0.5% during the 4th quarter. Conning Inc. now owns 33,217 shares of the utilities provider’s stock worth $1,946,000 after purchasing an additional 176 shares during the last quarter. 73.04% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

D has been the topic of several recent research reports. Jefferies Financial Group raised Dominion Energy from a “hold” rating to a “buy” rating and lifted their target price for the stock from $65.00 to $76.00 in a report on Thursday, May 28th. BMO Capital Markets raised their price objective on Dominion Energy from $64.00 to $70.00 and gave the stock a “market perform” rating in a research report on Wednesday, July 22nd. Royal Bank Of Canada raised their price objective on Dominion Energy from $66.00 to $72.00 and gave the stock a “sector perform” rating in a research report on Tuesday, May 19th. Wells Fargo & Company upped their target price on Dominion Energy from $66.00 to $68.00 and gave the company an “overweight” rating in a report on Friday, May 15th. Finally, Weiss Ratings raised shares of Dominion Energy from a “buy (b-)” rating to a “buy (b)” rating in a research report on Friday, May 22nd. Four investment analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $68.00.

Dominion Energy Price Performance

D stock opened at $68.76 on Monday. The company has a quick ratio of 0.64, a current ratio of 0.81 and a debt-to-equity ratio of 1.43. The firm has a market cap of $60.48 billion, a price-to-earnings ratio of 23.96 and a beta of 0.65. The company’s fifty day simple moving average is $69.09 and its 200 day simple moving average is $65.39. Dominion Energy Inc. has a 12-month low of $55.85 and a 12-month high of $72.99.

Dominion Energy (NYSE:D) last posted its quarterly earnings data on Friday, July 31st. The utilities provider reported $0.79 earnings per share for the quarter, topping the consensus estimate of $0.68 by $0.11. The firm had revenue of $4.48 billion during 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 business’s quarterly revenue was up 17.6% on a year-over-year basis. During the same period last year, the company posted $0.75 EPS. Dominion Energy has set its FY 2026 guidance at 3.450-3.690 EPS. On average, analysts expect that Dominion Energy Inc. will post 3.57 earnings per share for the current year.

Dominion Energy Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Sunday, September 20th. Shareholders of record on Friday, September 4th will be issued a $0.6675 dividend. This represents a $2.67 dividend on an annualized basis and a yield of 3.9%. The ex-dividend date is Friday, September 4th. Dominion Energy’s payout ratio is presently 93.03%.

Key Stories Impacting Dominion Energy

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

• Positive Sentiment: Dominion’s potential exposure to rising electricity demand from data centers is keeping the utility in focus. Growth in large-load customers could support long-term earnings and rate-base expansion. Why Is Dominion Energy in Focus as Data Center Demand Grows?
• Positive Sentiment: The Virginia State Corporation Commission ordered Dominion to directly assign some transmission costs to data centers and may consider extending the policy to additional upstream costs. Shifting more infrastructure costs to large customers could reduce pressure on residential ratepayers and improve the economics of serving data centers. Dominion Ordered to Assign Transmission Costs to Data Centers
• Positive Sentiment: Dominion completed tower upgrades and restoration work at the Lake Murray Dam and Saluda Hydroelectric Project in South Carolina. The completion strengthens the company’s hydroelectric infrastructure, although temporary boating restrictions remain. Dominion Completes Lake Murray Tower Upgrades
• Neutral Sentiment: Dominion Energy’s foundation opened its fall grant application period for nonprofits, while the company also issued customer energy-saving advice during the heat. These announcements support community relations but are unlikely to materially affect near-term earnings. Dominion Energy Foundation Opens Fall Grant Applications
• Negative Sentiment: Truist lowered its Dominion price target to $66 from $68 and maintained a “hold” rating, signaling limited expected upside from current levels. Truist Lowers Dominion Energy Price Target
• Negative Sentiment: Dominion is seeking approval for higher fuel-cost charges in North Carolina that could add roughly $23 per month to some customers’ bills. Proposed rate increases may improve cost recovery but risk political backlash, customer resistance and regulatory delays. Dominion Seeks North Carolina Fuel-Cost Increase
• Negative Sentiment: The proposed $67 billion merger with NextEra Energy is facing customer and political concerns, including questions about regulatory oversight and recusal issues involving Virginia officials. Increased scrutiny could complicate approval or extend the transaction timeline. Dominion Customers Raise Concerns Over NextEra Merger

Dominion Energy 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.