Dominion Energy Inc. $D Shares Purchased by NEOS Investment Management LLC

Key Points

• NEOS Investment Management increased its Dominion Energy position by 13.5% in the second quarter, bringing its holdings to 139,170 shares valued at approximately $9.5 million. Institutional investors collectively own 73.04% of the company.
• Dominion Energy reported quarterly EPS of $0.79, exceeding estimates by $0.11, while revenue rose 17.6% year over year to $4.48 billion. The company reaffirmed fiscal 2026 EPS guidance of $3.45–$3.69.
• The utility announced a quarterly dividend of $0.6675 per share, equal to a 4.1% annualized yield, while its proposed $66.8 billion merger with NextEra Energy faces continued regulatory and customer-rate concerns despite shareholder approval.

NEOS Investment Management LLC raised its position in Dominion Energy Inc. (NYSE:D - Free Report) by 13.5% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 139,170 shares of the utilities provider's stock after acquiring an additional 16,604 shares during the quarter. NEOS Investment Management LLC's holdings in Dominion Energy were worth $9,504,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Brighton Jones LLC increased its holdings in Dominion Energy by 64.3% in the fourth quarter. Brighton Jones LLC now owns 9,081 shares of the utilities provider's stock valued at $489,000 after buying an additional 3,553 shares during the last quarter. Empowered Funds LLC lifted its holdings in Dominion Energy by 8.3% during the 1st quarter. Empowered Funds LLC now owns 17,571 shares of the utilities provider's stock worth $985,000 after buying an additional 1,344 shares during the last quarter. Woodline Partners LP lifted its holdings in Dominion Energy by 40.7% during the 1st quarter. Woodline Partners LP now owns 70,968 shares of the utilities provider's stock worth $3,979,000 after buying an additional 20,522 shares during the last quarter. Intech Investment Management LLC boosted its position in shares of Dominion Energy by 71.2% during the 1st quarter. Intech Investment Management LLC now owns 30,460 shares of the utilities provider's stock worth $1,708,000 after acquiring an additional 12,663 shares in the last quarter. Finally, Schnieders Capital Management LLC. increased its holdings in shares of Dominion Energy by 9.5% in the 2nd quarter. Schnieders Capital Management LLC. now owns 124,573 shares of the utilities provider's stock valued at $7,041,000 after acquiring an additional 10,775 shares during the last quarter. 73.04% of the stock is owned by hedge funds and other institutional investors.

Dominion Energy Price Performance

Dominion Energy stock opened at $65.72 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 business has a 50 day simple moving average of $68.76 and a 200-day simple moving average of $65.84. Dominion Energy Inc. has a 12 month low of $55.85 and a 12 month high of $72.99. The stock has a market capitalization 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.

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 (EPS) 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 analysts' expectations of $4.04 billion. Dominion Energy had a net margin of 13.98% and a return on equity of 9.62%. Dominion Energy's revenue was up 17.6% compared to the same quarter last year. During the same period in the previous year, the company posted $0.75 EPS. Dominion Energy has set its FY 2026 guidance at 3.450-3.690 EPS. Equities analysts predict that Dominion Energy Inc. will post 3.57 earnings per share for the current year.

Dominion Energy Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Sunday, September 20th. Stockholders of record on Friday, September 4th will be paid a dividend of $0.6675 per share. This represents a $2.67 dividend on an annualized basis and a dividend yield of 4.1%. The ex-dividend date of this dividend is Friday, September 4th. Dominion Energy's dividend payout ratio is 93.03%.

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

Analysts Set New Price Targets

Several research firms recently weighed in on D. Seaport Research Partners cut Dominion Energy from a "buy" rating to a "hold" rating in a research note on Wednesday, May 20th. Wells Fargo & Company raised their price objective on shares of Dominion Energy from $66.00 to $68.00 and gave the stock an "overweight" rating in a report on Friday, May 15th. TD Cowen upgraded shares of Dominion Energy from a "hold" rating to a "buy" rating and boosted their price objective for the stock from $69.00 to $80.00 in a research report on Wednesday, August 19th. Royal Bank Of Canada upped their target price on shares of Dominion Energy from $66.00 to $72.00 and gave the company a "sector perform" rating in a report on Tuesday, May 19th. Finally, Mizuho increased their target price on shares of Dominion Energy from $66.00 to $72.00 and gave the company a "neutral" rating in a research report on Tuesday, May 26th. Five investment analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, Dominion Energy currently has a consensus rating of "Hold" and a consensus price target of $69.93.

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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