Dominion Energy Inc. $D Stock: Rakuten Investment Management Inc. Increases Stake

Rakuten Investment Management Inc. lifted its position in shares of Dominion Energy Inc. (NYSE:D) by 9.8% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 157,864 shares of the utilities provider’s stock after purchasing an additional 14,048 shares during the quarter. Rakuten Investment Management Inc.’s holdings in Dominion Energy were worth $9,573,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently modified their holdings of the company. BlackRock Inc. acquired a new position in shares of Dominion Energy in the second quarter valued at $4,986,439,000. State Street Corp boosted its stake in Dominion Energy by 3.5% during the second quarter. State Street Corp now owns 50,917,469 shares of the utilities provider’s stock worth $3,477,154,000 after buying an additional 1,704,954 shares in the last quarter. Bank of America Corp DE acquired a new stake in Dominion Energy during the second quarter worth $996,984,000. Bank of New York Mellon Corp bought a new stake in Dominion Energy in the 2nd quarter valued at $697,388,000. Finally, Legal & General Group Plc bought a new stake in Dominion Energy in the 2nd quarter valued at $467,353,000. Institutional investors and hedge funds own 73.04% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on the stock. Evercore increased their price objective on shares of Dominion Energy from $67.00 to $70.00 in a research note on Thursday, October 8th. Wells Fargo & Company upgraded shares of Dominion Energy to a “strong-buy” rating in a research report on Thursday, September 24th. Mizuho set a $68.00 target price on shares of Dominion Energy in a research note on Monday. Barclays lowered their target price on shares of Dominion Energy from $69.00 to $65.00 and set an “overweight” rating on the stock in a research note on Monday, October 19th. Finally, Morgan Stanley dropped their price target on shares of Dominion Energy from $68.00 to $66.00 and set an “equal weight” rating for the company in a research report on Friday, September 18th. One equities research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, Dominion Energy currently has a consensus rating of “Hold” and a consensus price target of $69.33.

Trending Headlines about Dominion Energy

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

• Positive Sentiment: Dominion reported third-quarter results above analyst expectations and raised its 2026 outlook, supporting the view that its operating performance is improving. Dominion Energy stock gains as Q3 earnings lift 2026 outlook
• Positive Sentiment: Dominion and NextEra agreed to additional customer protections in the proposed merger case. Those concessions could address some concerns and improve the proposal’s chances of winning regulatory support. NextEra, Dominion strengthen proposed merger with additional customer protections
• Neutral Sentiment: Public hearings on the merger have begun, moving the review forward but leaving the outcome dependent on regulators and public input. Public hearings for the NextEra-Dominion merger have begun
• Negative Sentiment: Dominion and NextEra accepted some proposed safeguards but rejected a rate and staffing freeze. That leaves potential customer-cost and employment concerns unresolved and could complicate approval of the merger. Dominion-NextEra accept some proposed protections in Va. merger case, reject rate and staffing freeze

Dominion Energy Price Performance

Dominion Energy stock opened at $69.73 on Friday. The business has a 50 day simple moving average of $63.91 and a 200 day simple moving average of $64.94. The company has a debt-to-equity ratio of 1.46, a current ratio of 0.88 and a quick ratio of 0.64. The company has a market capitalization of $61.33 billion, a PE ratio of 18.85, a price-to-earnings-growth ratio of 3.24 and a beta of 0.62. Dominion Energy Inc. has a one year low of $55.85 and a one year high of $72.99.

Dominion Energy (NYSE:D) last announced its quarterly earnings results on Friday, October 30th. The utilities provider reported $1.28 earnings per share for the quarter, beating analysts’ consensus estimates of $1.21 by $0.07. Dominion Energy had a return on equity of 10.09% and a net margin of 13.99%. The firm had revenue of $5.62 billion for the quarter, compared to analysts’ expectations of $4.90 billion. During the same period in the prior year, the business posted $1.06 earnings per share. The business’s revenue was up 24.1% compared to the same quarter last year. On average, sell-side analysts forecast that Dominion Energy Inc. will post 3.59 EPS for the current fiscal year.

Dominion Energy Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Sunday, December 20th. Stockholders of record on Friday, December 4th will be issued a $0.6675 dividend. The ex-dividend date of this dividend is Friday, December 4th. This represents a $2.67 annualized dividend and a dividend yield of 3.8%. Dominion Energy’s dividend payout ratio is presently 88.70%.

About Dominion Energy

Dominion Energy, Inc is a regulated energy company headquartered in Richmond, Virginia. Through its utility operations, the company generates, transmits and distributes electricity and provides natural gas distribution services to residential, commercial, industrial and governmental customers, primarily in Virginia and South Carolina.

The company operates a diversified power-generation portfolio that includes nuclear, natural gas, renewable energy and other resources. Its activities also include electricity transmission infrastructure, renewable energy development and natural gas utility operations.