Dominion Energy Inc. $D Shares Bought by Mitsubishi UFJ Asset Management Co. Ltd.

Key Points

• Mitsubishi UFJ Asset Management increased its stake in Dominion Energy by 6.4% in Q4, buying 109,146 shares to hold 1,818,876 shares worth about $107.75 million (roughly 0.21% of the company).
• Dominion Energy beat Q1 earnings estimates, reporting $0.95 EPS vs. $0.90 consensus and $5.02 billion in revenue (up 23.1% year-over-year), and set FY2026 guidance of $3.450–3.690 EPS (analysts' consensus ~3.59 EPS).
• The firm declared a quarterly dividend of $0.6675 (annualized $2.67), implying a ~4.3% yield and a payout ratio of about 79%.

Mitsubishi UFJ Asset Management Co. Ltd. grew its holdings in shares of Dominion Energy Inc. (NYSE:D - Free Report) by 6.4% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,818,876 shares of the utilities provider's stock after purchasing an additional 109,146 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. owned about 0.21% of Dominion Energy worth $107,750,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in D. Sumitomo Mitsui DS Asset Management Company Ltd boosted its stake in shares of Dominion Energy by 5.7% in the fourth quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 147,943 shares of the utilities provider's stock valued at $8,668,000 after purchasing an additional 7,926 shares during the period. SBI Securities Co. Ltd. grew its holdings in shares of Dominion Energy by 29.7% in the fourth quarter. SBI Securities Co. Ltd. now owns 8,584 shares of the utilities provider's stock valued at $503,000 after purchasing an additional 1,968 shares in the last quarter. Principal Financial Group Inc. increased its stake in Dominion Energy by 3.8% during the 4th quarter. Principal Financial Group Inc. now owns 1,042,574 shares of the utilities provider's stock worth $61,084,000 after buying an additional 38,246 shares during the period. QRG Capital Management Inc. lifted its holdings in Dominion Energy by 43.4% during the 4th quarter. QRG Capital Management Inc. now owns 21,721 shares of the utilities provider's stock worth $1,273,000 after buying an additional 6,578 shares in the last quarter. Finally, Pinnacle Wealth Management Advisory Group LLC grew its stake in shares of Dominion Energy by 6.8% in the fourth quarter. Pinnacle Wealth Management Advisory Group LLC now owns 9,993 shares of the utilities provider's stock worth $585,000 after acquiring an additional 636 shares in the last quarter. Institutional investors and hedge funds own 73.04% of the company's stock.

Dominion Energy Price Performance

Shares of D opened at $61.68 on Thursday. The firm has a market capitalization of $54.25 billion, a price-to-earnings ratio of 18.25, a PEG ratio of 3.31 and a beta of 0.65. The firm's fifty day simple moving average is $62.45 and its 200-day simple moving average is $61.28. Dominion Energy Inc. has a twelve month low of $52.53 and a twelve month high of $67.57. The company has a current ratio of 0.78, a quick ratio of 0.59 and a debt-to-equity ratio of 1.38.

Dominion Energy (NYSE:D - Get Free Report) last posted its earnings results on Friday, May 1st. The utilities provider reported $0.95 EPS for the quarter, beating the consensus estimate of $0.90 by $0.05. Dominion Energy had a return on equity of 9.63% and a net margin of 16.93%.The firm had revenue of $5.02 billion for the quarter, compared to analyst estimates of $4.43 billion. During the same quarter in the prior year, the company posted $0.93 earnings per share. Dominion Energy's revenue for the quarter was up 23.1% compared to the same quarter last year. Dominion Energy has set its FY 2026 guidance at 3.450-3.690 EPS. Equities analysts forecast that Dominion Energy Inc. will post 3.59 EPS for the current fiscal year.

Dominion Energy Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Saturday, June 20th. Stockholders of record on Friday, May 29th will be issued a $0.6675 dividend. The ex-dividend date is Friday, May 29th. This represents a $2.67 dividend on an annualized basis and a dividend yield of 4.3%. Dominion Energy's dividend payout ratio is presently 78.99%.

Analysts Set New Price Targets

Several analysts have recently issued reports on D shares. TD Cowen began coverage on Dominion Energy in a research note on Friday, January 9th. They issued a "hold" rating and a $65.00 price objective on the stock. Bank of America upped their price target on Dominion Energy from $63.00 to $65.00 and gave the stock a "neutral" rating in a report on Wednesday, April 15th. Mizuho increased their price target on Dominion Energy from $62.00 to $66.00 and gave the company a "neutral" rating in a research report on Tuesday, February 24th. Weiss Ratings upgraded Dominion Energy from a "hold (c+)" rating to a "buy (b-)" rating in a research note on Monday, February 9th. Finally, Scotiabank boosted their price objective on Dominion Energy from $63.00 to $67.00 and gave the stock a "sector perform" rating in a research report on Monday, March 2nd. Three analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of "Hold" and a consensus price target of $66.00.

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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