Banco Santander S.A. Takes Position in Dominion Energy Inc. $D

Key Points

• Banco Santander acquired 28,680 Dominion Energy shares during the second quarter, valued at approximately $1.96 million. Institutional investors collectively own 73.04% of the utility’s stock.
• Dominion Energy reported quarterly EPS of $0.79, exceeding the $0.68 consensus estimate, while revenue rose 17.6% year over year to $4.48 billion. The company reaffirmed fiscal 2026 EPS guidance of $3.45–$3.69.
• Dominion declared a quarterly dividend of $0.6675 per share, equivalent to a 3.9% annual yield. Analysts remain cautious, with a consensus “Hold” rating and a $68 price target compared with the stock’s $68.55 opening price.

Banco Santander S.A. bought a new stake in Dominion Energy Inc. (NYSE:D - Free Report) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 28,680 shares of the utilities provider's stock, valued at approximately $1,959,000.

Other hedge funds have also made changes to their positions in the company. Motiv8 Investments LLC purchased a new stake in shares of Dominion Energy in the 4th quarter worth about $25,000. Blueline Advisors LLC purchased a new stake in shares of Dominion Energy in the fourth quarter valued at $28,000. Triumph Capital Management purchased a new stake in shares of Dominion Energy in the third quarter valued at $28,000. Costello Asset Management INC boosted its stake in shares of Dominion Energy by 66.7% during the 4th quarter. Costello Asset Management INC now owns 500 shares of the utilities provider's stock worth $29,000 after purchasing an additional 200 shares during the last quarter. Finally, Advocate Investing Services LLC purchased a new stake in Dominion Energy in the 4th quarter worth approximately $29,000. Hedge funds and other institutional investors own 73.04% of the company's stock.

Dominion Energy Stock Up 0.7%

D stock opened at $68.55 on Friday. The company has a current ratio of 0.81, a quick ratio of 0.64 and a debt-to-equity ratio of 1.43. The firm has a 50 day simple moving average of $69.05 and a 200-day simple moving average of $65.33. The company has a market capitalization of $60.29 billion, a P/E ratio of 23.88 and a beta of 0.65. Dominion Energy Inc. has a twelve month low of $55.85 and a twelve month high of $72.99.

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 for the quarter, topping the consensus estimate of $0.68 by $0.11. The company had revenue of $4.48 billion during the quarter, compared to analyst estimates 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 for the quarter was up 17.6% compared to the same quarter last year. During the same period last year, the business earned $0.75 EPS. Dominion Energy has set its FY 2026 guidance at 3.450-3.690 EPS. On average, equities research 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 paid a dividend of $0.6675 per share. The ex-dividend date is Friday, September 4th. This represents a $2.67 annualized dividend and a yield of 3.9%. Dominion Energy's dividend payout ratio is presently 93.03%.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on D shares. Morgan Stanley reduced their price target on Dominion Energy from $69.00 to $68.00 and set an "equal weight" rating on the stock in a research note on Tuesday, April 21st. Jefferies Financial Group raised shares of Dominion Energy from a "hold" rating to a "buy" rating and increased their price target for the stock from $65.00 to $76.00 in a research note on Thursday, May 28th. Weiss Ratings upgraded shares of Dominion Energy from a "buy (b-)" rating to a "buy (b)" rating in a report on Friday, May 22nd. Truist Financial cut their price objective on Dominion Energy from $68.00 to $66.00 and set a "hold" rating on the stock in a report on Thursday. Finally, Barclays dropped their price objective on shares of Dominion Energy from $70.00 to $69.00 and set an "overweight" rating for the company in a research report on Tuesday, June 23rd. Four 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. Based on data from MarketBeat, the company has an average rating of "Hold" and a consensus target price of $68.00.

Dominion Energy News Roundup

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

• Positive Sentiment: Data-center demand supports long-term growth. Virginia’s expanding data-center sector is increasing electricity demand and could provide Dominion with additional load growth and investment opportunities. The Virginia State Corporation Commission also ordered certain transmission costs to be assigned directly to data centers, potentially limiting the burden on other customers and Dominion’s broader rate base. Why Is Dominion Energy in Focus as Data Center Demand Grows Today? Dominion ordered to directly assign some transmission costs to data centers
• Positive Sentiment: Lake Murray dam restoration is complete. Dominion completed tower upgrades and restoration work at the Saluda Hydroelectric Project, a favorable infrastructure milestone that may improve asset reliability and reduce execution uncertainty. Temporary boating restrictions remain around the dam as final safety measures are completed. Dominion Energy completes Lake Murray Dam restoration project
• Neutral Sentiment: Dominion rejected claims regarding Ashburn power lines. The company denied allegations that it ignored an alternative plan, keeping attention on its Virginia transmission development and stakeholder disputes without an immediate financial impact. Dominion denies Congressman’s claims about Ashburn power lines
• Negative Sentiment: Fuel-cost requests could increase customer bills. Dominion is seeking approval in North Carolina to recover higher fuel costs, potentially adding roughly $23 per month for some customers. Although recovery could protect cash flow, higher bills may create political and regulatory resistance. Dominion seeks increase for fuel costs
• Negative Sentiment: Truist cut its price target and maintained a Hold rating. The target was reduced from $68 to $66, signaling limited near-term upside and adding pressure to the shares. Truist lowers Dominion Energy price target
• Negative Sentiment: Merger oversight remains contentious. Questions about potential conflicts involving the Virginia SCC chair’s review of the NextEra-Dominion merger could prolong regulatory scrutiny and increase uncertainty around the transaction. Concerns over Virginia SCC chair and NextEra-Dominion merger

About Dominion Energy

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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