DLD Asset Management LP purchased a new stake in Dominion Energy Inc. (NYSE:D – Free Report) in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund purchased 41,249 shares of the utilities provider’s stock, valued at approximately $2,817,000.
Several other institutional investors have also recently made changes to their positions in the stock. Bryn Mawr Trust Advisors LLC bought a new position in shares of Dominion Energy in the 2nd quarter worth $7,346,000. Ausbil Investment Management Ltd acquired a new stake in Dominion Energy in the 2nd quarter valued at $4,603,000. North Dakota State Investment Board bought a new stake in Dominion Energy during the 4th quarter valued at $1,715,000. Florida Trust Wealth Management Co raised its holdings in Dominion Energy by 51.6% during the second quarter. Florida Trust Wealth Management Co now owns 67,185 shares of the utilities provider’s stock worth $4,588,000 after buying an additional 22,870 shares during the last quarter. Finally, Oppenheimer Asset Management Inc. acquired a new position in Dominion Energy during the second quarter worth $7,645,000. Institutional investors and hedge funds own 73.04% of the company’s stock.
Dominion Energy News Roundup
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
Wall Street Analyst Weigh In
Check Out Our Latest Stock Analysis on Dominion Energy
Dominion Energy Price Performance
D opened at $66.64 on Monday. 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 company has a market capitalization of $58.61 billion, a price-to-earnings ratio of 23.22 and a beta of 0.65. The firm’s fifty day moving average price is $69.22 and its two-hundred day moving average price is $65.65. Dominion Energy Inc. has a 1 year low of $55.85 and a 1 year high of $72.99.
Dominion Energy (NYSE:D – Get Free Report) last announced its earnings results on Friday, July 31st. The utilities provider reported $0.79 EPS for the quarter, beating the consensus estimate of $0.68 by $0.11. Dominion Energy had a net margin of 13.98% and a return on equity of 9.62%. The company had revenue of $4.48 billion during the quarter, compared to the consensus estimate of $4.04 billion. During the same quarter in the prior year, the company posted $0.75 earnings per share. The firm’s revenue for the quarter was up 17.6% on a year-over-year basis. Dominion Energy has set its FY 2026 guidance at 3.450-3.690 EPS. As a group, analysts anticipate that Dominion Energy Inc. will post 3.57 earnings per share for the current fiscal year.
Dominion Energy Dividend Announcement
The company 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 $0.6675 dividend. The ex-dividend date is Friday, September 4th. This represents a $2.67 annualized dividend and a yield of 4.0%. Dominion Energy’s dividend payout ratio (DPR) is 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.
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