Dominion Energy Inc. $D Holdings Lifted by Asset Management One Co. Ltd.

Key Points

• Asset Management One increased its Dominion Energy stake by 8.3% in the second quarter, bringing its holdings to 388,738 shares valued at approximately $26.5 million. Institutional investors collectively own 73.04% of the company.
• Dominion Energy reported quarterly earnings of $0.79 per share, beating estimates of $0.68, while revenue of $4.48 billion exceeded forecasts and rose 17.6% year over year.
• Analysts maintain a consensus “Hold” rating with a $68 price target, close to the stock’s $68.55 opening price. The company also declared a quarterly dividend of $0.6675, representing a 3.9% annualized yield.

Asset Management One Co. Ltd. boosted its holdings in shares of Dominion Energy Inc. (NYSE:D - Free Report) by 8.3% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 388,738 shares of the utilities provider's stock after buying an additional 29,808 shares during the period. Asset Management One Co. Ltd.'s holdings in Dominion Energy were worth $26,547,000 as of its most recent filing with the Securities and Exchange Commission.

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

Analysts Set New Price Targets

A number of equities research analysts have issued reports on D shares. Mizuho increased their target price on shares of Dominion Energy from $66.00 to $72.00 and gave the stock a "neutral" rating in a research report on Tuesday, May 26th. Truist Financial cut their price objective on Dominion Energy from $68.00 to $66.00 and set a "hold" rating for the company in a report on Thursday. Weiss Ratings raised Dominion Energy from a "buy (b-)" rating to a "buy (b)" rating in a research report on Friday, May 22nd. BMO Capital Markets boosted their target price on Dominion Energy from $64.00 to $70.00 and gave the company a "market perform" rating in a research note on Wednesday, July 22nd. Finally, Barclays dropped their target price on Dominion Energy from $70.00 to $69.00 and set an "overweight" rating on the stock in a research report on Tuesday, June 23rd. 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 price target of $68.00.

Dominion Energy Trading Up 0.7%

Dominion Energy stock opened at $68.55 on Friday. The company has a debt-to-equity ratio of 1.43, a current ratio of 0.81 and a quick ratio of 0.64. The company has a market capitalization of $60.29 billion, a price-to-earnings ratio of 23.88 and a beta of 0.65. Dominion Energy Inc. has a one year low of $55.85 and a one year high of $72.99. The company's fifty day moving average price is $69.05 and its two-hundred day moving average price is $65.33.

Dominion Energy (NYSE:D - Get Free Report) last posted its earnings results on Friday, July 31st. The utilities provider reported $0.79 earnings per share for the quarter, beating the consensus estimate of $0.68 by $0.11. The company had revenue of $4.48 billion for the quarter, compared to analyst estimates 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 was up 17.6% compared to the same quarter last year. During the same period last year, the company earned $0.75 earnings per share. Dominion Energy has set its FY 2026 guidance at 3.450-3.690 EPS. On average, analysts forecast that Dominion Energy Inc. will post 3.57 earnings per share for the current fiscal year.

Dominion Energy Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Sunday, September 20th. Stockholders of record on Friday, September 4th will be given a $0.6675 dividend. The ex-dividend date of this dividend is Friday, September 4th. This represents a $2.67 dividend on an annualized basis and a dividend yield of 3.9%. Dominion Energy's dividend payout ratio (DPR) is currently 93.03%.

Key Dominion Energy News

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

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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