Mirae Asset Global Investments Co. Ltd. Acquires New Stake in Dominion Energy Inc. $D

Mirae Asset Global Investments Co. Ltd. acquired a new stake in Dominion Energy Inc. (NYSE:D) in the 3rd quarter, according to the company in its most recent filing with the SEC. The fund acquired 239,592 shares of the utilities provider’s stock, valued at approximately $14,500,000.

A number of other institutional investors and hedge funds also recently bought and sold shares of D. BlackRock Inc. acquired a new position in Dominion Energy during the 2nd quarter worth $4,986,439,000. State Street Corp boosted its position in Dominion Energy by 3.5% in the 2nd quarter. State Street Corp now owns 50,917,469 shares of the utilities provider’s stock valued at $3,477,154,000 after buying an additional 1,704,954 shares during the last quarter. Bank of America Corp DE acquired a new stake in shares of Dominion Energy in the 2nd quarter valued at $996,984,000. Bank of New York Mellon Corp acquired a new stake in shares of Dominion Energy in the 2nd quarter valued at $697,388,000. Finally, Legal & General Group Plc bought a new stake in shares of Dominion Energy during the second quarter worth $467,353,000. Institutional investors and hedge funds own 73.04% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have recently weighed in on D shares. Truist Financial cut their price target on Dominion Energy from $66.00 to $62.00 and set a “hold” rating on the stock in a research note on Monday, October 12th. Barclays decreased their price objective on Dominion Energy from $69.00 to $65.00 and set an “overweight” rating for the company in a research note on Monday, October 19th. Scotiabank dropped their price objective on Dominion Energy from $67.00 to $63.00 and set a “sector perform” rating for the company in a report on Wednesday, September 30th. UBS Group set a $80.00 price objective on Dominion Energy in a report on Wednesday, August 19th. Finally, TD Cowen raised Dominion Energy from a “hold” rating to a “buy” rating and increased their target price for the company from $69.00 to $80.00 in a research note on Wednesday, August 19th. One equities research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $69.33.

Dominion Energy Stock Performance

Shares of D stock opened at $66.77 on Wednesday. The company has a fifty day moving average price of $63.80 and a two-hundred day moving average price of $64.85. Dominion Energy Inc. has a one year low of $55.85 and a one year high of $72.99. The stock has a market cap of $58.73 billion, a P/E ratio of 22.18, a P/E/G ratio of 3.14 and a beta of 0.62. The company has a debt-to-equity ratio of 1.46, a current ratio of 0.88 and a quick ratio of 0.64.

Dominion Energy (NYSE:D) last announced its quarterly earnings results on Friday, October 30th. The utilities provider reported $1.28 EPS for the quarter, beating analysts’ consensus estimates of $1.21 by $0.07. Dominion Energy had a net margin of 13.99% and a return on equity of 10.09%. The business had revenue of $5.62 billion for the quarter, compared to analyst estimates of $4.90 billion. During the same quarter in the prior year, the business earned $1.06 EPS. Dominion Energy’s quarterly revenue was up 24.1% on a year-over-year basis. As a group, equities analysts predict that Dominion Energy Inc. will post 3.59 EPS for the current year.

Dominion Energy Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Sunday, December 20th. Investors of record on Friday, December 4th will be issued a $0.6675 dividend. This represents a $2.67 dividend on an annualized basis and a yield of 4.0%. The ex-dividend date is Friday, December 4th. Dominion Energy’s dividend payout ratio (DPR) is 88.70%.

Key Stories Impacting Dominion Energy

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

• Positive Sentiment: Dominion raised its 2026 earnings outlook toward the top half of its guidance range after reporting stronger operating earnings. Management also cited better-than-budgeted sales and a $137 million net-income benefit from a rate increase. Dominion Energy stock: Q3 earnings lift outlook to top half
• Positive Sentiment: Dominion and NextEra filed additional customer and financial protections for their proposed $67 billion combination. The package retains four years of shareholder-funded residential bill credits and adds safeguards intended to protect Dominion Energy Virginia’s financial independence. These concessions may help address regulatory concerns, though approval is not assured. Merger safeguards announcement
• Positive Sentiment: Demand from data centers is a potential growth driver: Dominion reportedly has more than 54 gigawatts of data-center capacity contracted. Dominion Energy: 3 Key Takeaways for Long-Term Investors
• Neutral Sentiment: Dominion said its Coastal Virginia Offshore Wind project is 85% complete and remains within its $11.65 billion budget. Progress is encouraging, but the project’s scale leaves execution and cost management in focus. Dominion Energy Reports Offshore Wind Farm Is 85% Complete
• Negative Sentiment: The merger still faces regulatory review, while offshore wind execution risks remain. Those uncertainties could offset the earnings and growth positives and limit the market’s response. Dominion Energy Stock Shrugs Off Q3 Earnings As Project Risks Linger

Dominion Energy 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 distribution services to residential, commercial, industrial and governmental customers, primarily in Virginia and South Carolina.

The company operates a diversified power-generation portfolio that includes nuclear, natural gas, renewable energy and other resources. Its activities also include electricity transmission infrastructure, renewable energy development and natural gas utility operations.