Dominion Energy Inc. $D Shares Sold by Amundi

Key Points

• Amundi cut its Dominion Energy stake by 25.4% in the second quarter, selling 646,458 shares and retaining 1.9 million shares worth approximately $130 million. Institutional investors collectively own 73.04% of the company.
• Dominion Energy beat quarterly expectations, reporting $0.79 in EPS versus the $0.68 consensus and $4.48 billion in revenue. The company also maintained its $0.6675 quarterly dividend, equivalent to a 4.1% annualized yield.
• Analyst sentiment is mixed, with five Buy, nine Hold and one Sell rating; the average price target is $69.93. The proposed Dominion–NextEra merger won shareholder approval but still faces regulatory scrutiny and concerns about potential energy-cost increases.

Amundi trimmed its position in Dominion Energy Inc. (NYSE:D - Free Report) by 25.4% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,903,209 shares of the utilities provider's stock after selling 646,458 shares during the quarter. Amundi owned about 0.22% of Dominion Energy worth $129,970,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of D. Motiv8 Investments LLC purchased a new stake in shares of Dominion Energy in the 4th quarter valued at $25,000. Blueline Advisors LLC purchased a new stake in Dominion Energy in the fourth quarter valued at $28,000. Triumph Capital Management acquired a new stake in Dominion Energy during the 3rd quarter worth about $28,000. Advocate Investing Services LLC acquired a new stake in Dominion Energy during the 4th quarter worth about $29,000. Finally, JPL Wealth Management LLC purchased a new position in shares of Dominion Energy during the 3rd quarter valued at about $30,000. Hedge funds and other institutional investors own 73.04% of the company's stock.

Dominion Energy Price Performance

NYSE:D opened at $65.16 on Thursday. The stock has a market capitalization of $57.31 billion, a PE ratio of 22.70, a price-to-earnings-growth ratio of 3.09 and a beta of 0.64. Dominion Energy Inc. has a 52 week low of $55.85 and a 52 week high of $72.99. The company has a quick ratio of 0.64, a current ratio of 0.81 and a debt-to-equity ratio of 1.43. The stock's 50-day moving average price is $68.59 and its 200-day moving average price is $65.85.

Dominion Energy (NYSE:D - Get Free Report) last issued its quarterly earnings results on Friday, July 31st. The utilities provider reported $0.79 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.68 by $0.11. The company had revenue of $4.48 billion for the quarter, compared to the consensus estimate of $4.04 billion. Dominion Energy had a return on equity of 9.62% and a net margin of 13.98%.Dominion Energy's revenue for the quarter was up 17.6% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.75 earnings per share. Dominion Energy has set its FY 2026 guidance at 3.450-3.690 EPS. As a group, equities analysts expect that Dominion Energy Inc. will post 3.57 EPS for the current fiscal year.

Dominion Energy Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Sunday, September 20th. Investors of record on Friday, September 4th will be paid 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 yield of 4.1%. Dominion Energy's dividend payout ratio (DPR) is currently 93.03%.

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on D shares. TD Cowen upgraded Dominion Energy from a "hold" rating to a "buy" rating and upped their target price for the stock from $69.00 to $80.00 in a research note on Wednesday, August 19th. UBS Group set a $80.00 price target on Dominion Energy in a research report on Wednesday, August 19th. Morgan Stanley decreased their price target on Dominion Energy from $71.00 to $68.00 and set an "equal weight" rating for the company in a report on Friday, August 21st. BMO Capital Markets upped their price objective on Dominion Energy from $64.00 to $70.00 and gave the stock a "market perform" rating in a research report on Wednesday, July 22nd. Finally, Weiss Ratings reaffirmed a "buy (b)" rating on shares of Dominion Energy in a research note on Wednesday, August 19th. Five equities research 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's stock. According to MarketBeat, Dominion Energy has an average rating of "Hold" and an average target price of $69.93.

Dominion Energy News Roundup

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

• Positive Sentiment: Shareholders approved the Dominion–NextEra merger. Dominion and NextEra shareholders overwhelmingly backed the transaction, clearing a major corporate hurdle. The combination is expected to create the world’s largest regulated electric utility by market capitalization and could provide greater scale and operating efficiencies. SC utility buyout cleared by Dominion and NextEra shareholders
• Neutral Sentiment: The merger still faces a lengthy regulatory review. Although shareholder approval removes a significant obstacle, state and federal regulators must assess the transaction. Reports indicate that regulators may focus on how the deal affects utility rates, competition and reliability, limiting the near-term certainty of the proposed combination. Shareholder backing for merger, regulatory questions remain
• Neutral Sentiment: Dominion will lower Lake Murray’s water level this fall. The drawdown is expected to continue into 2027, with the company warning boaters about reduced water levels. The move appears operational and seasonal rather than a material change to Dominion’s earnings outlook, but it could generate local attention and customer concerns. Dominion to lower Lake Murray levels
• Negative Sentiment: Potential energy-cost increases are creating public opposition to the merger. Residents and stakeholders have raised concerns that the Dominion–NextEra combination could lead to higher energy bills. Such concerns may increase political and regulatory scrutiny and raise the risk of conditions, delays or concessions before approval. Energy costs a concern as merger is considered
• Negative Sentiment: Analyst sentiment remains cautious. Coverage noted that Dominion has outperformed the broader utility sector over the past year, but analysts remain wary about its valuation and future prospects. The stock’s latest decline was also larger than the general market’s, suggesting investors are focusing on merger risks and limited near-term catalysts. Dominion Energy suffers a larger drop than the general market

About Dominion Energy

Dominion Energy, Inc is a regulated energy company headquartered in Richmond, Virginia. Through its utility operations, the company generates, transmits and distributes electricity and provides natural gas service to residential, commercial and industrial customers, primarily in Virginia and South Carolina.

The company's electric generation portfolio includes nuclear, natural gas, renewable energy and hydroelectric resources. Dominion Energy also operates electric transmission and distribution networks, natural gas distribution systems and related energy infrastructure.

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