M&T Bank Corp Boosts Stock Holdings in Dominion Energy Inc. $D

M&T Bank Corp raised its holdings in Dominion Energy Inc. (NYSE:D) by 10.4% in the 4th quarter, Holdings Channel.com reports. The firm owned 145,217 shares of the utilities provider’s stock after acquiring an additional 13,726 shares during the period. M&T Bank Corp’s holdings in Dominion Energy were worth $8,508,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently modified their holdings of the company. Triumph Capital Management purchased a new position in shares of Dominion Energy in the third quarter worth about $28,000. United Community Bank purchased a new position in shares of Dominion Energy in the third quarter worth about $29,000. JPL Wealth Management LLC purchased a new position in shares of Dominion Energy in the third quarter worth about $30,000. iSAM Funds UK Ltd purchased a new position in shares of Dominion Energy in the third quarter worth about $37,000. Finally, CGC Financial Services LLC increased its stake in shares of Dominion Energy by 100.9% in the third quarter. CGC Financial Services LLC now owns 681 shares of the utilities provider’s stock worth $42,000 after purchasing an additional 342 shares in the last quarter. Hedge funds and other institutional investors own 73.04% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have recently weighed in on D shares. Morgan Stanley reduced their target price on shares of 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. Truist Financial started coverage on shares of Dominion Energy in a research note on Tuesday, April 21st. They set a “hold” rating and a $67.00 price objective for the company. Wells Fargo & Company reduced their price objective on shares of Dominion Energy from $67.00 to $64.00 and set an “overweight” rating for the company in a research note on Tuesday, January 20th. Mizuho boosted their price objective on shares of Dominion Energy from $62.00 to $66.00 and gave the company a “neutral” rating in a research note on Tuesday, February 24th. Finally, Jefferies Financial Group boosted their price objective on shares of Dominion Energy from $60.00 to $65.00 and gave the company a “hold” rating in a research note on Friday, April 10th. Three investment analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $66.00.

Dominion Energy Price Performance

Shares of NYSE:D opened at $62.96 on Wednesday. The company has a 50 day moving average of $62.50 and a 200 day moving average of $61.28. The stock has a market cap of $55.37 billion, a P/E ratio of 18.63, a P/E/G ratio of 3.31 and a beta of 0.65. Dominion Energy Inc. has a 12 month low of $52.53 and a 12 month high of $67.57. The company has a current ratio of 0.78, a quick ratio of 0.59 and a debt-to-equity ratio of 1.38.

Dominion Energy (NYSE:D) last issued its quarterly earnings data on Friday, May 1st. The utilities provider reported $0.95 EPS for the quarter, beating the consensus estimate of $0.90 by $0.05. The company had revenue of $5.02 billion during the quarter, compared to analysts’ expectations of $4.43 billion. Dominion Energy had a net margin of 16.93% and a return on equity of 9.63%. Dominion Energy’s revenue for the quarter was up 23.1% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.93 earnings per share. Dominion Energy has set its FY 2026 guidance at 3.450-3.690 EPS. As a group, sell-side analysts forecast that Dominion Energy Inc. will post 3.59 EPS for the current fiscal year.

Dominion Energy Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Saturday, June 20th. Shareholders of record on Friday, May 29th will be given a dividend of $0.6675 per share. The ex-dividend date is Friday, May 29th. This represents a $2.67 annualized dividend and a yield of 4.2%. Dominion Energy’s payout ratio is presently 78.99%.

Dominion Energy News Roundup

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

• Positive Sentiment: Dominion reported a Q1 beat and strong Virginia demand — Virginia segment adjusted operating earnings rose ~19%, overall revenue topped estimates and management set FY2026 EPS guidance of $3.45–3.69, supporting forward earnings visibility. Why Dominion Energy (D) Is Central to Virginia’s Data Center Power Surge
• Positive Sentiment: Analyst optimism: Barclays raised its price target to $70 and kept an overweight rating, signaling upside vs. current levels and lending support to the stock. Benzinga
• Positive Sentiment: Dividend maintained and declared: Board approved a quarterly dividend of $0.6675, reinforcing income appeal for yield-focused investors and signaling cash-flow confidence. Dominion Energy Declares Quarterly Dividend of 66.75 Cents
• Positive Sentiment: Offshore wind progress reduces long-term fuel exposure: Management says the 2.6 GW Coastal Virginia Offshore Wind project has started producing and should be fully online by 2027; easing cost estimates and projected ~$5B fuel savings over 10 years support longer-term margin improvement. Dominion upbeat on offshore wind as cost estimate eases, sales rise
• Neutral Sentiment: Local permitting/community outreach: Dominion is holding community meetings on a proposed Virginia transmission line — progress toward building needed capacity for data centers but potential for local opposition and permitting delays. Dominion Energy hosting community meetings on proposed Virginia transmission line
• Neutral Sentiment: Reliability work underway: A program replacing trees near power lines aims to reduce outages and improve reliability — operationally positive but limited immediate financial impact. Program replaces trees near power lines for safety, says Dominion Energy
• Negative Sentiment: Political/regulatory scrutiny: Reporting shows Dominion spent nearly $600K at the State House before seeking a rate hike, which could raise political and regulatory scrutiny and complicate rate proceedings. Dominion spent nearly $600K at State House before seeking rate hike
• Negative Sentiment: Regulatory and safety headwinds: State reporting that a SC nuclear plant skipped key safety maintenance raises reputational/regulatory risk for utility operators; additionally, state commissions recently denied Dominion requests to cut rooftop solar reimbursements and approved a NEM 2.0 that preserves more favorable solar terms — potential headwinds to rate base/revenue recovery. SC nuclear plant skipped key safety maintenance for years. Here’s what to know SCC denies Dominion Energy request to slash rooftop solar reimbursements Virginia corporation commission approves Dominion Energy NEM 2.0

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.