134,767 Shares in Dominion Energy Inc. $D Acquired by Kayne Anderson Capital Advisors LP

Kayne Anderson Capital Advisors LP purchased a new position in Dominion Energy Inc. (NYSE:D) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 134,767 shares of the utilities provider’s stock, valued at approximately $9,203,000.

A number of other institutional investors have also added to or reduced their stakes in the stock. BlackRock Inc. bought a new stake in shares of Dominion Energy during the second quarter valued at approximately $4,986,439,000. Wellington Management Group LLP lifted 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 in the last quarter. Norges Bank bought a new position in shares of Dominion Energy during the fourth quarter worth $655,142,000. Bank of New York Mellon Corp bought a new position in shares of Dominion Energy during the second quarter worth $697,388,000. Finally, Capital Research Global Investors grew its stake in Dominion Energy by 9.0% during the fourth quarter. Capital Research Global Investors now owns 59,790,734 shares of the utilities provider’s stock valued at $3,503,142,000 after acquiring an additional 4,940,692 shares in the last quarter. 73.04% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on D. Wells Fargo & Company lifted their price target on shares of Dominion Energy from $66.00 to $68.00 and gave the company an “overweight” rating in a report on Friday, May 15th. Jefferies Financial Group upgraded Dominion Energy from a “hold” rating to a “buy” rating and raised their price objective for the company from $65.00 to $76.00 in a research report on Thursday, May 28th. UBS Group set a $80.00 target price on Dominion Energy in a report on Wednesday. Mizuho boosted their target price on Dominion Energy from $66.00 to $72.00 and gave the stock a “neutral” rating in a research report on Tuesday, May 26th. Finally, Truist Financial dropped their price target on Dominion Energy from $68.00 to $66.00 and set a “hold” rating for the company in a research note on Thursday, August 13th. Five equities research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $69.93.

Key Dominion Energy News

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

• Positive Sentiment: TD Cowen upgraded Dominion Energy, citing what it sees as favorable odds for the proposed merger and additional upside potential. The upgrade may support the stock by reinforcing expectations that the $67 billion transaction can proceed. 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 reduce project costs and provide a modest financial benefit, although the size and timing of the refund were not specified. Dominion says they’re getting a Trump Tariff refund
• Neutral Sentiment: The proposed Dominion-NextEra merger remains under review roughly three months after its announcement. The South Carolina timeline is receiving scrutiny, while the chair of Virginia’s State Corporation Commission said she will not recuse herself from the case. These developments keep the regulatory process active but do not resolve the approval outlook. Where the proposed $67B Dominion-NextEra merger stands
• Negative Sentiment: Governors in Virginia, Maine and Massachusetts have expressed skepticism or warned that the merger could reduce competition and increase energy costs. Regulators may therefore impose tougher conditions, delay approval or challenge the transaction, weakening the near-term investment case. Maine governor merger concerns
• Negative Sentiment: Ashburn homeowners say opposing a Dominion power-line project could cost them hundreds of thousands of dollars, highlighting ongoing local opposition and potential permitting or construction friction. Ashburn homeowners power-line dispute

Dominion Energy Price Performance

D stock opened at $67.38 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 $59.26 billion, a P/E ratio of 23.48 and a beta of 0.65. The company has a fifty day simple moving average of $69.24 and a two-hundred day simple moving average of $65.61. The company has a quick ratio of 0.64, a current ratio of 0.81 and a debt-to-equity ratio of 1.43.

Dominion Energy (NYSE:D) last posted its earnings results on Friday, July 31st. The utilities provider reported $0.79 earnings per share for the quarter, topping analysts’ consensus estimates of $0.68 by $0.11. The firm had revenue of $4.48 billion for the quarter, compared to the consensus estimate of $4.04 billion. Dominion Energy had a net margin of 13.98% and a return on equity of 9.62%. The business’s quarterly revenue was up 17.6% on a year-over-year basis. During the same period in the previous year, the firm posted $0.75 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 business also recently disclosed a quarterly dividend, which will be paid on Sunday, September 20th. Shareholders 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 yield of 4.0%. The ex-dividend date of this dividend is Friday, September 4th. Dominion Energy’s payout ratio is presently 93.03%.

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.