31,933 Dominion Energy Inc. $D Shares Purchased by Farther Finance Advisors LLC

Key Points

• Farther Finance Advisors increased its Dominion Energy position by 62.9% in the third quarter, purchasing 31,933 additional shares for a total holding of 82,684 shares valued at approximately $5.0 million. Institutional investors collectively own 73.04% of the company.
• Dominion’s proposed $67 billion merger with NextEra Energy could provide greater scale and support long-term growth, while opposition from Virginia officials and customers creates significant regulatory, transparency and execution risks. The planned Zeus transmission line for a Virginia data center offers an additional potential growth opportunity.
• Dominion reported quarterly EPS of $0.79, exceeding the $0.68 consensus estimate, and maintains a quarterly dividend of $0.6675, representing a 4.3% annualized yield. Analysts have a consensus “Hold” rating and an average price target of $70, compared with the shares’ reported $61.60 opening price.

Farther Finance Advisors LLC grew its position in shares of Dominion Energy Inc. (NYSE:D - Free Report) by 62.9% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 82,684 shares of the utilities provider's stock after acquiring an additional 31,933 shares during the quarter. Farther Finance Advisors LLC's holdings in Dominion Energy were worth $5,004,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently made changes to their positions in the company. Bryn Mawr Trust Advisors LLC purchased a new position in shares of Dominion Energy in the 2nd quarter worth approximately $7,346,000. Ausbil Investment Management Ltd purchased a new stake in shares of Dominion Energy during the second quarter valued at approximately $4,603,000. Florida Trust Wealth Management Co increased its position in shares of 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 valued at $4,588,000 after acquiring an additional 22,870 shares during the last quarter. Compass Financial Management LLC purchased a new stake in shares of Dominion Energy during the second quarter valued at approximately $1,141,000. Finally, Oppenheimer Asset Management Inc. bought a new stake in Dominion Energy during the second quarter worth $7,645,000. Institutional investors own 73.04% of the company's stock.

Key Stories Impacting Dominion Energy

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

• Positive Sentiment: Dominion plans to build the Zeus transmission line to serve a proposed data center in Appomattox County, Virginia. The project could support long-term electricity demand and expand Dominion’s exposure to data-center growth, a key utility-sector investment theme. Dominion Energy plans Zeus power line for proposed Appomattox County data center
• Positive Sentiment: Dominion and NextEra Energy are defending their proposed $67 billion merger ahead of a public hearing. If approved, the combination could create scale, improve financial flexibility and potentially support long-term growth, although those benefits depend on regulatory approval and acceptable terms. Dominion Energy-NextEra Energy proposed $67 billion merger public hearing set for Friday
• Neutral Sentiment: Dominion scheduled its third-quarter 2026 earnings call. The event may provide updates on operating performance, data-center demand, merger costs and full-year guidance, but no new financial results were included in the announcement. Dominion Energy Schedules Third-Quarter 2026 Earnings Call
• Negative Sentiment: The merger is facing organized opposition from Virginia officials and community members, with concerns about costs, governance and the effect on customers. Dominion’s CEO is defending the transaction, but a contentious approval process increases execution and headline risk. Hashmi urges rejection of Dominion acquisition
• Negative Sentiment: Dominion and NextEra are seeking to restrict access to an internal “Robo Memo,” which could reinforce investor concerns about transparency during the merger review. Separately, complaints about repeated power outages highlight ongoing service-quality and reputational risks. NextEra and Dominion Energy look to restrict Robo Memo access
• Negative Sentiment: Although Virginia regulators approved another fuel-cost recovery securitization, the financing adds interest costs for customers and could intensify political scrutiny of Dominion’s rates and regulatory relationship. Rising Treasury yields are also a broader headwind for rate-sensitive utility stocks. Virginia regulators approve Dominion’s fuel cost recovery, securitization

Analyst Ratings Changes

D has been the topic of several research analyst reports. BMO Capital Markets boosted their price objective on Dominion Energy from $64.00 to $70.00 and gave the stock a "market perform" rating in a research report on Wednesday, July 22nd. Barclays reduced their price objective on Dominion Energy from $70.00 to $69.00 and set an "overweight" rating for the company in a research note on Tuesday, June 23rd. Morgan Stanley lowered their target price on Dominion Energy from $68.00 to $66.00 and set an "equal weight" rating on the stock in a research note on Friday, September 18th. TD Cowen upgraded Dominion Energy from a "hold" rating to a "buy" rating and lifted their target price for the stock from $69.00 to $80.00 in a research note on Wednesday, August 19th. Finally, Weiss Ratings downgraded shares of Dominion Energy from a "buy (b)" rating to a "buy (b-)" rating in a report on Thursday. One equities research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, Dominion Energy presently has a consensus rating of "Hold" and an average target price of $70.00.

Dominion Energy Price Performance

Shares of NYSE D opened at $61.60 on Friday. The stock has a fifty day simple moving average of $65.00 and a two-hundred day simple moving average of $65.71. Dominion Energy Inc. has a 1-year low of $55.85 and a 1-year high of $72.99. The firm has a market cap of $54.18 billion, a price-to-earnings ratio of 21.46, a price-to-earnings-growth ratio of 2.86 and a beta of 0.64. The company has a current ratio of 0.81, a quick ratio of 0.64 and a debt-to-equity ratio of 1.43.

Dominion Energy (NYSE:D - Get Free Report) last released its 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. The business had revenue of $4.48 billion during the quarter, compared to the consensus estimate of $4.04 billion. Dominion Energy had a return on equity of 9.62% and a net margin of 13.98%. The business's revenue for the quarter was up 17.6% on a year-over-year basis. During the same period last year, the business posted $0.75 earnings per share. Dominion Energy has set its FY 2026 guidance at 3.450-3.690 EPS. Analysts anticipate that Dominion Energy Inc. will post 3.59 earnings per share for the current year.

Dominion Energy Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Sunday, September 20th. Investors of record on Friday, September 4th were issued a $0.6675 dividend. The ex-dividend date of this dividend was Friday, September 4th. This represents a $2.67 annualized dividend and a yield of 4.3%. Dominion Energy's dividend payout ratio (DPR) is 93.03%.

Dominion Energy Profile

Dominion Energy, Inc is an energy company headquartered in Richmond, Virginia. Through its regulated utility operations, the company generates, transmits and distributes electricity and provides natural gas service to residential, commercial and industrial customers.

Dominion Energy's primary electric utility operations serve customers in Virginia and northeastern North Carolina. The company also operates Dominion Energy South Carolina, which provides electric and natural gas services in South Carolina.

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