Dominion Energy Inc. $D Shares Bought by Dimensional Fund Advisors LP

Key Points

• Dimensional Fund Advisors increased its stake in Dominion Energy by 4.3% in Q3, acquiring 103,279 shares to hold 2,490,806 shares (about 0.29% of the company) valued at roughly $152.4 million.
• Other institutional moves include Vanguard growing its position to 105,795,310 shares (~$5.98 billion) and Norges Bank initiating a ~$566.9 million stake, with institutional investors now owning about 73.04% of the stock.
• Dominion beat Q results (EPS $0.68 vs. $0.67) with revenue up 20.4% YoY and FY2026 guidance of $3.45–$3.69 EPS; the company pays a quarterly dividend of $0.6675 (4.3% yield), and the stock's consensus rating is Hold with an average price target of $64.73.

Dimensional Fund Advisors LP boosted its stake in Dominion Energy Inc. (NYSE:D - Free Report) by 4.3% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 2,490,806 shares of the utilities provider's stock after acquiring an additional 103,279 shares during the period. Dimensional Fund Advisors LP owned about 0.29% of Dominion Energy worth $152,357,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. Vanguard Group Inc. grew its stake in Dominion Energy by 16.2% during the 2nd quarter. Vanguard Group Inc. now owns 105,795,310 shares of the utilities provider's stock worth $5,979,551,000 after buying an additional 14,715,895 shares during the last quarter. Norges Bank purchased a new position in Dominion Energy during the 2nd quarter worth $566,924,000. Mizuho Markets Americas LLC increased its stake in Dominion Energy by 139.3% in the third quarter. Mizuho Markets Americas LLC now owns 867,500 shares of the utilities provider's stock valued at $53,065,000 after purchasing an additional 3,073,835 shares during the period. ANTIPODES PARTNERS Ltd increased its stake in Dominion Energy by 84,502.3% in the third quarter. ANTIPODES PARTNERS Ltd now owns 1,735,194 shares of the utilities provider's stock valued at $106,150,000 after purchasing an additional 1,733,143 shares during the period. Finally, State Street Corp increased its position in Dominion Energy by 2.9% in the 2nd quarter. State Street Corp now owns 46,341,408 shares of the utilities provider's stock valued at $2,619,216,000 after acquiring an additional 1,313,621 shares during the period. Hedge funds and other institutional investors own 73.04% of the company's stock.

Wall Street Analysts Forecast Growth

D has been the subject of a number of recent research reports. Weiss Ratings raised Dominion Energy from a "hold (c+)" rating to a "buy (b-)" rating in a research report on Monday, February 9th. Scotiabank upped their price target on Dominion Energy from $63.00 to $67.00 and gave the stock a "sector perform" rating in a research note on Monday, March 2nd. Mizuho lifted their price objective on shares of Dominion Energy from $62.00 to $66.00 and gave the company a "neutral" rating in a research report on Tuesday, February 24th. JPMorgan Chase & Co. dropped their price objective on shares of Dominion Energy from $62.00 to $59.00 and set an "underweight" rating on the stock in a research note on Thursday, December 11th. Finally, Wells Fargo & Company reduced their price objective on shares of Dominion Energy from $67.00 to $64.00 and set an "overweight" rating for the company in a research report on Tuesday, January 20th. Three equities research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Hold" and an average price target of $64.73.

Dominion Energy Price Performance

Dominion Energy stock opened at $62.71 on Wednesday. The firm has a market capitalization of $55.11 billion, a PE ratio of 18.23, a P/E/G ratio of 1.71 and a beta of 0.71. Dominion Energy Inc. has a 52 week low of $48.07 and a 52 week high of $67.57. The firm's 50-day simple moving average is $61.78 and its 200 day simple moving average is $60.72. The company has a quick ratio of 0.59, a current ratio of 0.77 and a debt-to-equity ratio of 1.36.

Dominion Energy (NYSE:D - Get Free Report) last posted its earnings results on Monday, February 23rd. The utilities provider reported $0.68 earnings per share for the quarter, beating the consensus estimate of $0.67 by $0.01. Dominion Energy had a net margin of 18.05% and a return on equity of 9.67%. The firm had revenue of $4.09 billion during the quarter, compared to the consensus estimate of $3.65 billion. During the same period last year, the firm posted $0.58 EPS. The firm's revenue for the quarter was up 20.4% on a year-over-year basis. 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 3.39 EPS for the current fiscal year.

Dominion Energy Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, March 20th. Shareholders of record on Friday, February 27th will be issued a dividend of $0.6675 per share. This represents a $2.67 dividend on an annualized basis and a yield of 4.3%. The ex-dividend date is Friday, February 27th. Dominion Energy's dividend payout ratio is 77.62%.

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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