Wealth Science Advisors LLC bought a new stake in Dominion Energy Inc. (NYSE:D – Free Report) during the second quarter, HoldingsChannel.com reports. The institutional investor bought 8,458 shares of the utilities provider’s stock, valued at approximately $578,000.
A number of other large investors have also made changes to their positions in the company. Wellington Management Group LLP boosted its holdings in shares of Dominion Energy by 46.2% in the fourth quarter. Wellington Management Group LLP now owns 44,943,727 shares of the utilities provider’s stock worth $2,633,253,000 after buying an additional 14,197,581 shares during the last quarter. Norges Bank bought a new position in Dominion Energy in the fourth quarter worth approximately $655,142,000. Capital Research Global Investors boosted its stake in shares of Dominion Energy by 9.0% during the 4th quarter. Capital Research Global Investors now owns 59,790,734 shares of the utilities provider’s stock worth $3,503,142,000 after acquiring an additional 4,940,692 shares during the last quarter. London Co. of Virginia boosted its stake in shares of Dominion Energy by 45.3% during the 1st quarter. London Co. of Virginia now owns 6,943,525 shares of the utilities provider’s stock worth $429,250,000 after acquiring an additional 2,165,195 shares during the last quarter. Finally, Bank of America Corp DE grew its position in shares of Dominion Energy by 15.7% during the 1st quarter. Bank of America Corp DE now owns 15,930,241 shares of the utilities provider’s stock valued at $984,808,000 after acquiring an additional 2,164,951 shares during the period. 73.04% of the stock is currently owned by institutional investors.
Dominion Energy News Roundup
Here are the key news stories impacting Dominion Energy this week:
- Positive Sentiment: Dominion kept its 2026 earnings guidance of $3.45–$3.69 per share unchanged following its second-quarter earnings call. Record electricity demand and continued data-center activity support the utility’s long-term growth outlook. D Q2 Earnings Call Puts CVOW Schedule and Demand in Focus
- Positive Sentiment: Dominion is requiring AI data-center developers to provide bank guarantees or letters of credit before securing large power commitments. The policy could reduce the risk that speculative projects leave Dominion or its customers responsible for costly grid investments. Dominion Energy Starts Requiring Bank Guarantees for AI Data Center Power Deals
- Neutral Sentiment: Virginia Gov. Abigail Spanberger said she will formally intervene in the State Corporation Commission’s review of the proposed Dominion–NextEra merger, citing concerns about customer costs and jobs. The intervention adds another regulatory step and may affect the transaction’s timing and terms. Governor Spanberger to Intervene in NextEra Energy and Dominion Merger
- Neutral Sentiment: The State Corporation Commission ordered Dominion to develop a plan addressing how data-center-related costs will be allocated. While the process could improve protections for existing customers, it also highlights regulatory scrutiny of Dominion’s planned grid spending. Commission Orders Dominion to Develop Data Center Cost Plan
- Negative Sentiment: CVOW’s schedule has slipped by approximately six months, raising execution concerns for Dominion’s offshore-wind project even though management maintained its full-year outlook. D Q2 Earnings Call Puts CVOW Schedule and Demand in Focus
- Negative Sentiment: Reports indicate Dominion could face roughly $800 million in tariff costs on Siemens Gamesa turbines and other wind-project components, creating a potential headwind for CVOW economics and future capital requirements. Dominion Faces $800 Million Trump Tariff Bill
Dominion Energy Stock Up 0.1%
Dominion Energy (NYSE:D – Get Free Report) last issued its quarterly earnings results on Friday, July 31st. The utilities provider reported $0.79 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.68 by $0.11. The business 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%.Dominion Energy’s revenue for the quarter was up 17.6% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.75 EPS. Dominion Energy has set its FY 2026 guidance at 3.450-3.690 EPS. On average, sell-side analysts forecast that Dominion Energy Inc. will post 3.57 earnings per share for the current fiscal year.
Dominion Energy Announces Dividend
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 given a dividend of $0.6675 per share. The ex-dividend date is Friday, September 4th. This represents a $2.67 annualized dividend and a dividend yield of 4.0%. Dominion Energy’s dividend payout ratio (DPR) is currently 93.03%.
Wall Street Analysts Forecast Growth
Several equities research analysts have recently commented on the company. Morgan Stanley reduced their price objective on Dominion Energy from $69.00 to $68.00 and set an “equal weight” rating for the company in a research note on Tuesday, April 21st. Royal Bank Of Canada boosted their price target on Dominion Energy from $66.00 to $72.00 and gave the company a “sector perform” rating in a report on Tuesday, May 19th. Seaport Research Partners cut Dominion Energy from a “buy” rating to a “hold” rating in a research report on Wednesday, May 20th. Wells Fargo & Company raised their price objective on Dominion Energy from $66.00 to $68.00 and gave the stock an “overweight” rating in a research note on Friday, May 15th. Finally, Wall Street Zen cut Dominion Energy from a “hold” rating to a “sell” rating in a research report on Saturday, May 16th. Four investment analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $68.00.
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.
Recommended Stories
- Five stocks we like better than Dominion Energy
- Albemarle’s Blowout Quarter Shows Why Lithium Still Matters
- Can DICK’S Turn Foot Locker Into a Winner?
- Why Dutch Bros Plunged Despite a Q2 Earnings Beat and Record Revenue
- Take-Two’s Q1 Results Leave GTA 6 Bulls Stuck in the Fog of War
Want to see what other hedge funds are holding D? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Dominion Energy Inc. (NYSE:D – Free Report).
Receive News & Ratings for Dominion Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Dominion Energy and related companies with MarketBeat.com's FREE daily email newsletter.
