Daiwa Securities Group Inc. Acquires 13,042 Shares of Dominion Energy Inc. $D

Daiwa Securities Group Inc. grew its holdings in shares of Dominion Energy Inc. (NYSE:D) by 8.9% during the 2nd quarter, HoldingsChannel reports. The institutional investor owned 158,913 shares of the utilities provider’s stock after purchasing an additional 13,042 shares during the period. Daiwa Securities Group Inc.’s holdings in Dominion Energy were worth $10,852,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Wellington Management Group LLP increased its position 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 valued at $2,633,253,000 after acquiring an additional 14,197,581 shares during the last quarter. Norges Bank acquired a new position in Dominion Energy during the fourth quarter valued at approximately $655,142,000. Capital Research Global Investors grew its stake in Dominion Energy by 9.0% in 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 purchasing an additional 4,940,692 shares in the last quarter. London Co. of Virginia increased its position in shares of Dominion Energy by 45.3% during the 1st quarter. London Co. of Virginia now owns 6,943,525 shares of the utilities provider’s stock worth $429,250,000 after purchasing an additional 2,165,195 shares during the last quarter. Finally, Bank of America Corp DE raised its stake in shares of Dominion Energy by 15.7% during the 1st quarter. Bank of America Corp DE now owns 15,930,241 shares of the utilities provider’s stock worth $984,808,000 after purchasing an additional 2,164,951 shares in the last quarter. Institutional investors own 73.04% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on the company. Wells Fargo & Company increased their price objective on Dominion Energy from $66.00 to $68.00 and gave the company an “overweight” rating in a report on Friday, May 15th. BMO Capital Markets upped their price target on shares of Dominion Energy from $64.00 to $70.00 and gave the stock a “market perform” rating in a research report on Wednesday, July 22nd. Mizuho increased their price target on shares of Dominion Energy from $66.00 to $72.00 and gave the company a “neutral” rating in a research note on Tuesday, May 26th. Weiss Ratings raised shares of Dominion Energy from a “buy (b-)” rating to a “buy (b)” rating in a research report on Friday, May 22nd. Finally, Seaport Research Partners downgraded shares of Dominion Energy from a “buy” rating to a “hold” rating in a research note on Wednesday, May 20th. Four equities research analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, Dominion Energy has an average rating of “Hold” and a consensus price target of $68.00.

Dominion Energy News Summary

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

• Positive Sentiment: Dominion’s potential exposure to rising electricity demand from data centers is keeping the utility in focus. Growth in large-load customers could support long-term earnings and rate-base expansion. Why Is Dominion Energy in Focus as Data Center Demand Grows?
• Positive Sentiment: The Virginia State Corporation Commission ordered Dominion to directly assign some transmission costs to data centers and may consider extending the policy to additional upstream costs. Shifting more infrastructure costs to large customers could reduce pressure on residential ratepayers and improve the economics of serving data centers. Dominion Ordered to Assign Transmission Costs to Data Centers
• Positive Sentiment: Dominion completed tower upgrades and restoration work at the Lake Murray Dam and Saluda Hydroelectric Project in South Carolina. The completion strengthens the company’s hydroelectric infrastructure, although temporary boating restrictions remain. Dominion Completes Lake Murray Tower Upgrades
• Neutral Sentiment: Dominion Energy’s foundation opened its fall grant application period for nonprofits, while the company also issued customer energy-saving advice during the heat. These announcements support community relations but are unlikely to materially affect near-term earnings. Dominion Energy Foundation Opens Fall Grant Applications
• Negative Sentiment: Truist lowered its Dominion price target to $66 from $68 and maintained a “hold” rating, signaling limited expected upside from current levels. Truist Lowers Dominion Energy Price Target
• Negative Sentiment: Dominion is seeking approval for higher fuel-cost charges in North Carolina that could add roughly $23 per month to some customers’ bills. Proposed rate increases may improve cost recovery but risk political backlash, customer resistance and regulatory delays. Dominion Seeks North Carolina Fuel-Cost Increase
• Negative Sentiment: The proposed $67 billion merger with NextEra Energy is facing customer and political concerns, including questions about regulatory oversight and recusal issues involving Virginia officials. Increased scrutiny could complicate approval or extend the transaction timeline. Dominion Customers Raise Concerns Over NextEra Merger

Dominion Energy Trading Up 0.3%

Shares of Dominion Energy stock opened at $68.76 on Friday. 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 has a fifty day simple moving average of $69.09 and a two-hundred day simple moving average of $65.36. Dominion Energy Inc. has a 1 year low of $55.85 and a 1 year high of $72.99. The company has a market capitalization of $60.48 billion, a price-to-earnings ratio of 23.96 and a beta of 0.65.

Dominion Energy (NYSE:D) last issued its quarterly earnings data on Friday, July 31st. The utilities provider reported $0.79 earnings per share for the quarter, beating the consensus estimate of $0.68 by $0.11. The company had revenue of $4.48 billion for the quarter, compared to analyst estimates of $4.04 billion. Dominion Energy had a net margin of 13.98% and a return on equity of 9.62%. The company’s revenue was up 17.6% on a year-over-year basis. During the same period in the prior year, the firm earned $0.75 earnings per share. Dominion Energy has set its FY 2026 guidance at 3.450-3.690 EPS. Research analysts forecast that Dominion Energy Inc. will post 3.57 EPS for the current year.

Dominion Energy Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Sunday, September 20th. Shareholders of record on Friday, September 4th will be issued a $0.6675 dividend. This represents a $2.67 annualized dividend and a yield of 3.9%. The ex-dividend date of this dividend is Friday, September 4th. Dominion Energy’s dividend payout ratio is currently 93.03%.

About Dominion Energy

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.