Empowered Funds LLC Makes New $3.70 Million Investment in Dominion Energy Inc. $D

Empowered Funds LLC purchased a new stake in Dominion Energy Inc. (NYSE:D) during the second quarter, Holdings Channel reports. The institutional investor purchased 54,226 shares of the utilities provider’s stock, valued at approximately $3,703,000.

Several other hedge funds and other institutional investors have also made changes to their positions in D. Brighton Jones LLC increased its stake in shares of 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 buying an additional 3,553 shares during the period. Woodline Partners LP raised 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 valued at $3,979,000 after acquiring an additional 20,522 shares in the last quarter. Intech Investment Management LLC lifted its stake in Dominion Energy by 71.2% in the first quarter. Intech Investment Management LLC now owns 30,460 shares of the utilities provider’s stock worth $1,708,000 after acquiring an additional 12,663 shares during the last quarter. Schnieders Capital Management LLC. lifted its stake in Dominion Energy by 9.5% in the second quarter. Schnieders Capital Management LLC. now owns 124,573 shares of the utilities provider’s stock worth $7,041,000 after acquiring an additional 10,775 shares during the last quarter. Finally, NewEdge Advisors LLC grew its holdings in Dominion Energy by 0.3% during the 2nd quarter. NewEdge Advisors LLC now owns 69,157 shares of the utilities provider’s stock worth $3,909,000 after acquiring an additional 226 shares in the last quarter. Hedge funds and other institutional investors own 73.04% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on D shares. Barclays dropped their price objective on shares of Dominion Energy from $70.00 to $69.00 and set an “overweight” rating on the stock in a research report on Tuesday, June 23rd. TD Cowen upgraded shares of Dominion Energy from a “hold” rating to a “buy” rating and boosted their target price for the stock from $69.00 to $80.00 in a research note on Wednesday, August 19th. UBS Group set a $80.00 target price on Dominion Energy in a report on Wednesday, August 19th. Royal Bank Of Canada raised their price target on Dominion Energy from $66.00 to $72.00 and gave the company a “sector perform” rating in a research note on Tuesday, May 19th. Finally, Seaport Research Partners downgraded Dominion Energy from a “buy” rating to a “hold” rating in a report on Wednesday, May 20th. Five investment analysts have rated the stock with a Buy rating, nine have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, Dominion Energy presently has a consensus rating of “Hold” and a consensus target price of $69.93.

Trending Headlines about Dominion Energy

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

• Positive Sentiment: Dominion is advancing groundwork for the Coastal Virginia Offshore Wind South project, signaling continued investment in regulated infrastructure and potential long-term rate-base growth. The project could strengthen Dominion’s position in Virginia’s expanding electricity market, although it will require substantial capital spending. Dominion lays groundwork for CVOW South
• Positive Sentiment: Dominion is being highlighted among high-dividend utility stocks, which may attract income-oriented investors amid market uncertainty. Its defensive business model and dividend profile remain important parts of the investment case. Wall Street’s Most Accurate Analysts Spotlight On 3 Utilities Stocks Delivering High-Dividend Yields
• Neutral Sentiment: A Hennessy Equity and Income Fund investor letter described Dominion Energy (D) as an attractive investment, reinforcing the view that the company offers defensive earnings and income potential. The commentary reflects an individual fund’s opinion rather than a new company catalyst. What Makes Dominion Energy an Attractive Bet?
• Neutral Sentiment: A localized outage affecting roughly 3,500 Dominion customers in Norfolk is operationally unfavorable but appears limited in scale and unlikely to materially affect earnings unless disruptions persist or become widespread. Power outage affects about 3,500 Dominion customers in Norfolk
• Negative Sentiment: Virginia lawmakers are calling for a special session to review the proposed Dominion–NextEra merger, increasing political uncertainty around the deal. A South Carolina-owned utility has also asked to intervene, suggesting additional stakeholder opposition or concerns over competition, regulation and customer impacts. Greater scrutiny could lengthen the approval process, raise transaction risk or reduce the expected benefits of the merger. More Virginia lawmakers call for special session to weigh Dominion merger SC-owned utility asks to intervene in Dominion and NextEra megamerger

Dominion Energy Stock Up 0.5%

Dominion Energy stock opened at $66.31 on Wednesday. The company has a market capitalization of $58.32 billion, a P/E ratio of 23.10, a PEG ratio of 3.08 and a beta of 0.65. The company has a debt-to-equity ratio of 1.43, a quick ratio of 0.64 and a current ratio of 0.81. Dominion Energy Inc. has a fifty-two week low of $55.85 and a fifty-two week high of $72.99. The stock has a 50-day simple moving average of $68.95 and a 200-day simple moving average of $65.83.

Dominion Energy (NYSE:D) last released 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. Dominion Energy had a return on equity of 9.62% and a net margin of 13.98%.The firm had revenue of $4.48 billion for the quarter, compared to the consensus estimate of $4.04 billion. During the same quarter last year, the business posted $0.75 EPS. The firm’s quarterly revenue was up 17.6% compared to the same quarter last year. Dominion Energy has set its FY 2026 guidance at 3.450-3.690 EPS. Equities research analysts expect that Dominion Energy Inc. will post 3.57 earnings per share for the current year.

Dominion Energy Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Sunday, September 20th. Investors of record on Friday, September 4th will be issued 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 dividend payout ratio is currently 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.