Compass Financial Management LLC Makes New $1.14 Million Investment in Dominion Energy Inc. $D

Key Points

• Compass Financial Management purchased 16,692 Dominion Energy shares worth approximately $1.14 million in the second quarter. Institutional investors collectively own 73.04% of the utility’s stock.
• Dominion shareholders overwhelmingly approved the proposed $66.8 billion all-stock merger with NextEra Energy, though regulators and local officials continue to raise concerns about potential rate increases and customer affordability.
• Dominion exceeded quarterly earnings and revenue estimates, while maintaining a quarterly dividend of $0.6675, equivalent to a 4.1% yield. Analysts have an overall “Hold” rating and an average price target of $69.93.

Compass Financial Management LLC purchased 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 and Exchange Commission. The firm purchased 16,692 shares of the utilities provider's stock, valued at approximately $1,141,000.

A number of other institutional investors also recently modified their holdings of the company. Motiv8 Investments LLC acquired a new stake in Dominion Energy in the 4th quarter valued at approximately $25,000. Triumph Capital Management bought a new stake in Dominion Energy in the 3rd quarter valued at approximately $28,000. Frazier Financial Advisors LLC acquired a new position in Dominion Energy during the 2nd quarter worth approximately $31,000. Beacon Financial Strategies CORP grew its stake in shares of Dominion Energy by 269.2% during the 2nd quarter. Beacon Financial Strategies CORP now owns 480 shares of the utilities provider's stock worth $33,000 after acquiring an additional 350 shares in the last quarter. Finally, Blueline Advisors LLC bought a new position in shares of Dominion Energy during the 4th quarter worth approximately $28,000. 73.04% of the stock is currently owned by institutional investors.

Key Stories Impacting Dominion Energy

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

• Positive Sentiment: Dominion shareholders approved the proposed $66.8 billion all-stock merger with NextEra Energy by an overwhelming margin, with approximately 671.3 million votes in favor. The approval removes a major transaction hurdle and supports the companies’ expected long-term strategic combination. Dominion Energy secures shareholder approval for merger with NextEra
• Neutral Sentiment: A Virginia panel backed a Dominion gas plant that could improve generation capacity and reliability, but the project may add a long-term charge to customers’ electric bills. The potential infrastructure benefit is therefore balanced by affordability concerns. Virginia panel backs Dominion gas plant
• Negative Sentiment: Arlington County plans to intervene in the merger review, citing rising electric bills and seeking greater scrutiny of the transaction. Other advocacy groups and Virginia officials are also requesting answers about how the merger could affect rates, increasing the risk of delays or additional conditions. Arlington to intervene in Dominion-NextEra merger
• Negative Sentiment: Dominion Power proposed a rate increase to recover approximately $922 million in fuel costs. Higher customer bills, repeated outage complaints and opposition to new transmission land acquisitions could intensify political and regulatory pressure on the utility. Dominion Power proposes price hike

Dominion Energy Stock Performance

Shares of D opened at $65.72 on Monday. The firm has a 50-day moving average of $68.76 and a 200-day moving average of $65.83. Dominion Energy Inc. has a one year low of $55.85 and a one year high of $72.99. The company has a market cap of $57.80 billion, a PE ratio of 22.90, a price-to-earnings-growth ratio of 3.07 and a beta of 0.64. 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 (NYSE:D - Get Free Report) last released 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. 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 for the quarter, compared to analyst estimates of $4.04 billion. During the same period in the previous year, the business earned $0.75 EPS. Dominion Energy's revenue for the quarter was up 17.6% compared to the same quarter last year. Dominion Energy has set its FY 2026 guidance at 3.450-3.690 EPS. As a group, equities analysts forecast that Dominion Energy Inc. will post 3.57 earnings per share for the current year.

Dominion Energy Dividend Announcement

The firm 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 4.1%. Dominion Energy's dividend payout ratio is currently 93.03%.

Analysts Set New Price Targets

D has been the topic of a number of research reports. Royal Bank Of Canada boosted their price objective on shares of Dominion Energy from $66.00 to $72.00 and gave the stock a "sector perform" rating in a research report on Tuesday, May 19th. Morgan Stanley decreased their target price on shares of Dominion Energy from $71.00 to $68.00 and set an "equal weight" rating for the company in a research report on Friday, August 21st. Mizuho lifted their price target 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. Seaport Research Partners cut shares of Dominion Energy from a "buy" rating to a "hold" rating in a research report on Wednesday, May 20th. Finally, Wells Fargo & Company increased their price objective on shares of Dominion Energy from $66.00 to $68.00 and gave the stock an "overweight" rating in a research note on Friday, May 15th. Five analysts have rated the stock with a Buy rating, nine have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of "Hold" and an average target price of $69.93.

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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