Energy Income Partners LLC grew its holdings in shares of Dominion Energy Inc. (NYSE:D – Free Report) by 10.0% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,203,357 shares of the utilities provider’s stock after acquiring an additional 109,705 shares during the period. Energy Income Partners LLC’s holdings in Dominion Energy were worth $74,392,000 as of its most recent SEC filing.
Several other hedge funds also recently added to or reduced their stakes in the stock. Brighton Jones LLC lifted its stake in Dominion Energy by 64.3% during 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 during the last quarter. Empowered Funds LLC raised its stake in Dominion Energy by 8.3% during the 1st quarter. Empowered Funds LLC now owns 17,571 shares of the utilities provider’s stock valued at $985,000 after acquiring an additional 1,344 shares in the last quarter. Woodline Partners LP lifted its holdings in Dominion Energy by 40.7% in the first quarter. Woodline Partners LP now owns 70,968 shares of the utilities provider’s stock worth $3,979,000 after purchasing an additional 20,522 shares during the period. Intech Investment Management LLC boosted its holdings in shares of Dominion Energy by 71.2% in the first quarter. Intech Investment Management LLC now owns 30,460 shares of the utilities provider’s stock valued at $1,708,000 after acquiring an additional 12,663 shares in the last quarter. Finally, Schnieders Capital Management LLC. boosted its stake in Dominion Energy by 9.5% during the 2nd quarter. Schnieders Capital Management LLC. now owns 124,573 shares of the utilities provider’s stock valued at $7,041,000 after purchasing an additional 10,775 shares in the last quarter. 73.04% of the stock is owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
Several research analysts have issued reports on D shares. Wall Street Zen lowered shares of Dominion Energy from a “hold” rating to a “sell” rating in a research report on Saturday, May 16th. Morgan Stanley decreased their price target on shares of Dominion Energy from $69.00 to $68.00 and set an “equal weight” rating for the company in a report on Tuesday, April 21st. Bank of America boosted their target price on Dominion Energy from $63.00 to $65.00 and gave the company a “neutral” rating in a research note on Wednesday, April 15th. Mizuho increased their price target on shares of Dominion Energy from $66.00 to $72.00 and gave the stock a “neutral” rating in a research note on Tuesday, May 26th. Finally, Barclays cut their price objective on Dominion Energy from $70.00 to $69.00 and set an “overweight” rating on the stock in a research note on Tuesday, June 23rd. Four research analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, Dominion Energy has an average rating of “Hold” and an average price target of $68.00.
More Dominion Energy News
Here are the key news stories impacting Dominion Energy this week:
- Positive Sentiment: NextEra Energy executives said the proposed acquisition of Dominion Energy remains on track to close by late 2027. The deal could provide Dominion shareholders with strategic value and potentially improve the combined company’s growth outlook, although approval is still required. NextEra on track to close Dominion merger by late 2027, executives say
- Positive Sentiment: Coverage of NextEra’s quarterly results highlighted that the Dominion merger process is continuing, while NextEra pointed to Florida as a possible model for the combined company’s operations. Investors may view the transaction as offering scale and operational synergies. NextEra earnings rise 9.5% in Q2 2026, Dominion Energy merger continues NextEra boss points to Florida as what to expect from proposed Dominion merger
- Neutral Sentiment: Virginia’s State Corporation Commission has scheduled the proposal’s first public hearing for November. The hearing marks progress in the regulatory process, but also underscores that the merger remains subject to review and could face delays or conditions. NextEra on track to close Dominion merger by late 2027, executives say
- Negative Sentiment: Brokerages maintained a consensus “Hold” recommendation for Dominion Energy (D), suggesting limited near-term upside after the stock’s strong run toward its 52-week high. Dominion Energy Given Consensus Recommendation of Hold
- Negative Sentiment: KeyCorp expressed a pessimistic view ahead of Dominion’s second-quarter earnings and lowered its fiscal 2026 earnings-per-share estimate. The revisions add pressure to the stock by signaling more limited earnings growth than previously expected. KeyCorp Has Pessimistic View of Dominion Energy Q2 Earnings FY2026 EPS Estimates for Dominion Energy Lowered by KeyCorp
Dominion Energy Stock Down 1.1%
D opened at $70.31 on Tuesday. The firm has a market cap of $61.83 billion, a price-to-earnings ratio of 20.80 and a beta of 0.65. The firm’s 50-day simple moving average is $68.63 and its 200-day simple moving average is $64.50. The company has a debt-to-equity ratio of 1.38, a quick ratio of 0.61 and a current ratio of 0.78. Dominion Energy Inc. has a twelve month low of $55.85 and a twelve month high of $72.99.
Dominion Energy (NYSE:D – Get Free Report) last posted its quarterly earnings data on Friday, May 1st. The utilities provider reported $0.95 earnings per share for the quarter, beating the consensus estimate of $0.90 by $0.05. The firm 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%. The company’s quarterly revenue was up 23.1% compared to the same quarter last year. During the same quarter last year, the company posted $0.93 EPS. Dominion Energy has set its FY 2026 guidance at 3.450-3.690 EPS. Equities research analysts anticipate that Dominion Energy Inc. will post 3.57 EPS for the current fiscal year.
Dominion Energy Dividend Announcement
The firm also recently disclosed a quarterly dividend, which was paid on Saturday, June 20th. Stockholders of record on Friday, May 29th were issued a dividend of $0.6675 per share. This represents a $2.67 annualized dividend and a dividend yield of 3.8%. The ex-dividend date was Friday, May 29th. 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.
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