Alberta Investment Management Corp Invests $10.24 Million in Dominion Energy Inc. $D

Alberta Investment Management Corp bought a new stake in Dominion Energy Inc. (NYSE:D - Free Report) during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 150,000 shares of the utilities provider's stock, valued at approximately $10,244,000.

A number of other institutional investors have also recently made changes to their positions in D. Bryn Mawr Trust Advisors LLC purchased a new position in Dominion Energy in the 2nd quarter valued at approximately $7,346,000. Ausbil Investment Management Ltd bought a new position in shares of Dominion Energy in the second quarter worth $4,603,000. North Dakota State Investment Board bought a new position in shares of Dominion Energy in the fourth quarter worth $1,715,000. Florida Trust Wealth Management Co grew its position in shares of Dominion Energy by 51.6% in 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 purchasing an additional 22,870 shares in the last quarter. Finally, Vanguard Group Inc. grew its position in shares of Dominion Energy by 0.9% in the fourth quarter. Vanguard Group Inc. now owns 107,099,758 shares of the utilities provider's stock valued at $6,274,975,000 after purchasing an additional 940,838 shares in the last quarter. Hedge funds and other institutional investors own 73.04% of the company's stock.

Trending Headlines about Dominion Energy

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 Stock Performance

NYSE:D opened at $68.76 on Monday. The company has a market capitalization of $60.48 billion, a price-to-earnings ratio of 23.96 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 Inc. has a 1-year low of $55.85 and a 1-year high of $72.99. The business has a 50 day moving average of $69.09 and a 200 day moving average of $65.39.

Dominion Energy (NYSE:D - Get Free Report) last announced its quarterly earnings data on Friday, July 31st. The utilities provider reported $0.79 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.68 by $0.11. The company had revenue of $4.48 billion during the quarter, compared to analysts' expectations of $4.04 billion. Dominion Energy had a net margin of 13.98% and a return on equity of 9.62%. The firm's revenue was up 17.6% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.75 EPS. Dominion Energy has set its FY 2026 guidance at 3.450-3.690 EPS. On average, sell-side analysts predict 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 given a $0.6675 dividend. The ex-dividend date is Friday, September 4th. This represents a $2.67 dividend on an annualized basis and a dividend yield of 3.9%. Dominion Energy's payout ratio is presently 93.03%.

Analysts Set New Price Targets

A number of brokerages recently issued reports on D. Royal Bank Of Canada increased their price objective on Dominion Energy from $66.00 to $72.00 and gave the stock a "sector perform" rating in a report on Tuesday, May 19th. BMO Capital Markets upped their price target on Dominion Energy from $64.00 to $70.00 and gave the company a "market perform" rating in a research report on Wednesday, July 22nd. Seaport Research Partners downgraded shares of Dominion Energy from a "buy" rating to a "hold" rating in a report on Wednesday, May 20th. Morgan Stanley cut their price objective on shares of Dominion Energy from $69.00 to $68.00 and set an "equal weight" rating for the company in a research report on Tuesday, April 21st. Finally, Mizuho boosted their price objective 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. 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 stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus target price of $68.00.

Dominion Energy 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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