Sanctuary Advisors LLC purchased a new stake in shares of Dominion Energy Inc. (NYSE:D – Free Report) during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor purchased 197,012 shares of the utilities provider’s stock, valued at approximately $13,454,000.
A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in D. Motiv8 Investments LLC purchased a new position in shares of Dominion Energy during the fourth quarter worth approximately $25,000. Triumph Capital Management purchased a new position in Dominion Energy during the 3rd quarter worth $28,000. Frazier Financial Advisors LLC bought a new stake in Dominion Energy during the 2nd quarter valued at $31,000. Beacon Financial Strategies CORP lifted its holdings in shares of Dominion Energy by 269.2% in the 2nd quarter. Beacon Financial Strategies CORP now owns 480 shares of the utilities provider’s stock worth $33,000 after buying an additional 350 shares during the period. Finally, Blueline Advisors LLC bought a new position in shares of Dominion Energy during the 4th quarter worth $28,000. 73.04% of the stock is owned by hedge funds and other institutional investors.
Key Stories Impacting Dominion Energy
Here are the key news stories impacting Dominion Energy this week:
- Positive Sentiment: TD Cowen upgraded Dominion Energy, citing what it views as favorable odds for the NextEra transaction and additional upside potential. TD Cowen Just Upgraded Dominion Energy. Here’s Why.
- Positive Sentiment: Dominion said it expects to receive a refund related to tariffs imposed during the Trump administration. The reimbursement could provide a modest cash-flow benefit. Dominion says they’re getting a Trump Tariff refund
- Neutral Sentiment: Morgan Stanley lowered its Dominion price target from $71 to $68 and assigned an “equal weight” rating. The revised target still implies limited upside, but the reduction signals more cautious expectations. Morgan Stanley lowers Dominion Energy price target
- Neutral Sentiment: Analysts collectively maintain a “Hold” consensus rating, suggesting Wall Street sees a relatively balanced risk-reward profile. Dominion Energy receives consensus Hold rating
- Negative Sentiment: The proposed NextEra merger continues to face political and regulatory scrutiny. Virginia, Maine and Massachusetts officials have raised concerns about competition and potential increases in energy costs, while South Carolina regulators are examining the transaction timeline. These objections could delay approval, increase required concessions or reduce the deal’s expected benefits. Maine governor raises concerns about NextEra-Dominion merger
- Negative Sentiment: Local homeowners are opposing a Dominion power-line project, citing potentially significant costs and property impacts. The dispute adds reputational and permitting risk, although its direct financial effect remains unclear. Ashburn homeowners oppose Dominion power line
Analyst Ratings Changes
Check Out Our Latest Report on Dominion Energy
Dominion Energy Price Performance
D opened at $66.64 on Monday. The firm has a market capitalization of $58.61 billion, a PE ratio of 23.22 and a beta of 0.65. The company has a debt-to-equity ratio of 1.43, a current ratio of 0.81 and a quick ratio of 0.64. The business’s 50-day moving average is $69.22 and its two-hundred day moving average is $65.65. Dominion Energy Inc. has a 1 year low of $55.85 and a 1 year high of $72.99.
Dominion Energy (NYSE:D – Get Free Report) last released its quarterly earnings results on Friday, July 31st. The utilities provider reported $0.79 EPS for the quarter, beating the consensus estimate of $0.68 by $0.11. Dominion Energy had a net margin of 13.98% and a return on equity of 9.62%. The business had revenue of $4.48 billion during the quarter, compared to analyst estimates of $4.04 billion. During the same period in the prior year, the firm posted $0.75 earnings per share. The company’s quarterly revenue was up 17.6% on a year-over-year basis. Dominion Energy has set its FY 2026 guidance at 3.450-3.690 EPS. Research 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 will be paid on Sunday, September 20th. Investors of record on Friday, September 4th will be paid a dividend of $0.6675 per share. This represents a $2.67 annualized dividend and a dividend yield of 4.0%. The ex-dividend date is Friday, September 4th. Dominion Energy’s payout ratio is 93.03%.
Dominion Energy Company 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.
Featured Stories
- Five stocks we like better than Dominion Energy
- VIG, VYM, and VYMI: Which Vanguard Dividend ETF Is Right for You?
- 3 Closed-End Funds to Maximize Dividend Payments
- Rocket Lab’s Sell-Off Is Fading—Is It Finally Safe to Buy?
- $27 Billion in Buybacks: 3 Stocks Betting Their Strong Runs Aren’t Over
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.
