Korea Investment CORP Acquires New Holdings in Dominion Energy Inc. $D

Korea Investment CORP acquired a new position in Dominion Energy Inc. (NYSE:D) in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 597,296 shares of the utilities provider’s stock, valued at approximately $40,789,000. Korea Investment CORP owned approximately 0.07% of Dominion Energy as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. EP Wealth Advisors LLC bought a new position in shares of Dominion Energy in the 2nd quarter worth $877,000. Pinnacle West Asset Management Inc. purchased a new stake in shares of Dominion Energy during the 2nd quarter worth $280,000. Ieq Capital LLC bought a new stake in Dominion Energy during the second quarter valued at about $5,615,000. Burnham & Co LLC bought a new stake in Dominion Energy during the second quarter valued at about $34,000. Finally, Callan Family Office LLC purchased a new position in Dominion Energy in the second quarter valued at about $1,071,000. Hedge funds and other institutional investors own 73.04% of the company’s stock.

Dominion Energy Stock Down 1.2%

Shares of D stock opened at $66.64 on Friday. The stock’s fifty day moving average price is $69.22 and its 200 day moving average price is $65.61. Dominion Energy Inc. has a 1-year low of $55.85 and a 1-year high of $72.99. The company has a market cap of $58.61 billion, a price-to-earnings ratio of 23.22 and a beta of 0.65. The company has a debt-to-equity ratio of 1.43, a current ratio of 0.81 and a quick ratio of 0.64.

Dominion Energy (NYSE:D) last released its quarterly earnings results on Friday, July 31st. The utilities provider reported $0.79 EPS for the quarter, beating 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 company had revenue of $4.48 billion during the quarter, compared to analysts’ expectations of $4.04 billion. During the same period last year, the business posted $0.75 earnings per share. The firm’s 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. On average, research analysts expect that Dominion Energy Inc. will post 3.57 earnings per share for the current fiscal year.

Dominion Energy Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Sunday, September 20th. Investors of record on Friday, September 4th will be paid a $0.6675 dividend. The ex-dividend date is Friday, September 4th. This represents a $2.67 dividend on an annualized basis and a yield of 4.0%. Dominion Energy’s dividend payout ratio (DPR) is 93.03%.

Wall Street Analyst Weigh In

D has been the subject of a number of recent research reports. Jefferies Financial Group upgraded shares of Dominion Energy from a “hold” rating to a “buy” rating and boosted their target price for the stock from $65.00 to $76.00 in a report on Thursday, May 28th. Barclays lowered their price target on shares of Dominion Energy from $70.00 to $69.00 and set an “overweight” rating on the stock in a report on Tuesday, June 23rd. Truist Financial cut their price objective on shares of Dominion Energy from $68.00 to $66.00 and set a “hold” rating on the stock in a research report on Thursday, August 13th. Seaport Research Partners lowered shares of Dominion Energy from a “buy” rating to a “hold” rating in a research note on Wednesday, May 20th. Finally, TD Cowen raised shares of Dominion Energy from a “hold” rating to a “buy” rating and increased their target price for the company from $69.00 to $80.00 in a research report on Wednesday. Five research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock currently has an average rating of “Hold” and an average price target 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 views as favorable odds for the NextEra transaction and additional upside potential. 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 provide a modest cash-flow benefit. Dominion says they’re getting a Trump Tariff refund
• Neutral Sentiment: Morgan Stanley lowered its Dominion price target from $71 to $68 and assigned an “equal weight” rating. The revised target still implies limited upside, but the reduction signals more cautious expectations. Morgan Stanley lowers Dominion Energy price target
• Neutral Sentiment: Analysts collectively maintain a “Hold” consensus rating, suggesting Wall Street sees a relatively balanced risk-reward profile. Dominion Energy receives consensus Hold rating
• Negative Sentiment: The proposed NextEra merger continues to face political and regulatory scrutiny. Virginia, Maine and Massachusetts officials have raised concerns about competition and potential increases in energy costs, while South Carolina regulators are examining the transaction timeline. These objections could delay approval, increase required concessions or reduce the deal’s expected benefits. Maine governor raises concerns about NextEra-Dominion merger
• Negative Sentiment: Local homeowners are opposing a Dominion power-line project, citing potentially significant costs and property impacts. The dispute adds reputational and permitting risk, although its direct financial effect remains unclear. Ashburn homeowners oppose Dominion power line

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.