Dai ichi Life Insurance Company Ltd Sells 8,946 Shares of Dominion Energy Inc. $D

Dai ichi Life Insurance Company Ltd lessened its position in shares of Dominion Energy Inc. (NYSE:D) by 8.6% during the first quarter, Holdings Channel reports. The institutional investor owned 95,333 shares of the utilities provider’s stock after selling 8,946 shares during the quarter. Dai ichi Life Insurance Company Ltd’s holdings in Dominion Energy were worth $5,893,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently made changes to their positions in the company. Brighton Jones LLC increased its stake in shares of Dominion Energy by 64.3% in the fourth quarter. Brighton Jones LLC now owns 9,081 shares of the utilities provider’s stock worth $489,000 after purchasing an additional 3,553 shares in the last quarter. Empowered Funds LLC raised its position in shares of Dominion Energy by 8.3% in the first quarter. Empowered Funds LLC now owns 17,571 shares of the utilities provider’s stock valued at $985,000 after purchasing an additional 1,344 shares during the period. Woodline Partners LP lifted its stake in shares of Dominion Energy by 40.7% during the 1st quarter. Woodline Partners LP now owns 70,968 shares of the utilities provider’s stock valued at $3,979,000 after buying an additional 20,522 shares in the last quarter. Intech Investment Management LLC lifted its stake in shares of Dominion Energy by 71.2% during the 1st quarter. Intech Investment Management LLC now owns 30,460 shares of the utilities provider’s stock valued at $1,708,000 after buying an additional 12,663 shares in the last quarter. Finally, Schnieders Capital Management LLC. boosted its holdings in Dominion Energy by 9.5% in the 2nd quarter. Schnieders Capital Management LLC. now owns 124,573 shares of the utilities provider’s stock worth $7,041,000 after buying an additional 10,775 shares during the period. Institutional investors own 73.04% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts recently weighed in on D shares. Bank of America lifted their price objective on shares of Dominion Energy from $63.00 to $65.00 and gave the company a “neutral” rating in a research note on Wednesday, April 15th. Barclays cut their price target on Dominion Energy from $70.00 to $69.00 and set an “overweight” rating for the company in a report on Tuesday, June 23rd. Seaport Research Partners cut Dominion Energy from a “buy” rating to a “hold” rating in a research report on Wednesday, May 20th. Jefferies Financial Group upgraded 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, Wall Street Zen cut Dominion Energy from a “hold” rating to a “sell” rating in a report on Saturday, May 16th. Four analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $68.00.

Key Stories Impacting Dominion Energy

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

• Positive Sentiment: Analysts and preview pieces say Dominion Energy’s upcoming quarterly results are expected to show earnings growth, which could support the stock if the company meets or beats estimates. Article Title
• Positive Sentiment: A BMO Capital Markets note said Dominion Energy’s stock price is expected to rise, reflecting a generally favorable analyst view heading into earnings. Article Title
• Neutral Sentiment: The company is set to report quarterly earnings on Friday, and investors are waiting to see whether management can deliver on guidance and confirm the outlook for regulated utility growth. Article Title
• Neutral Sentiment: Several articles focused on storm preparedness and local power-line opposition in Virginia, which are operational and regulatory headlines but do not appear to be immediate financial catalysts. Article Title
• Negative Sentiment: KeyCorp trimmed longer-term earnings estimates for Dominion Energy across FY2026-FY2030, suggesting slightly slower profit growth than previously expected, which could cap upside if investors focus on future valuation. Article Title

Dominion Energy Price Performance

D stock opened at $71.09 on Friday. Dominion Energy Inc. has a 52 week low of $55.85 and a 52 week high of $72.99. The firm has a market capitalization of $62.52 billion, a P/E ratio of 21.03 and a beta of 0.65. The company has a fifty day simple moving average of $68.58 and a two-hundred day simple moving average of $64.38. The company has a quick ratio of 0.61, a current ratio of 0.78 and a debt-to-equity ratio of 1.38.

Dominion Energy (NYSE:D) last posted its earnings results on Friday, May 1st. The utilities provider reported $0.95 earnings per share for the quarter, topping analysts’ consensus estimates of $0.90 by $0.05. The firm had revenue of $5.02 billion for the quarter, compared to the consensus estimate of $4.43 billion. Dominion Energy had a net margin of 16.93% and a return on equity of 9.63%. The business’s quarterly revenue was up 23.1% on a year-over-year basis. During the same period in the previous year, the firm posted $0.93 EPS. Dominion Energy has set its FY 2026 guidance at 3.450-3.690 EPS. Analysts anticipate that Dominion Energy Inc. will post 3.57 earnings per share for the current fiscal year.

Dominion Energy Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Saturday, June 20th. Shareholders of record on Friday, May 29th were given a dividend of $0.6675 per share. The ex-dividend date was Friday, May 29th. This represents a $2.67 dividend on an annualized basis and a yield of 3.8%. Dominion Energy’s payout ratio is 78.99%.

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.