Dominion Energy Inc. $D Shares Sold by Andra AP fonden

Key Points

• Andra AP fonden cut its Dominion Energy stake by 86.8% in the second quarter, selling 162,200 shares and retaining 24,689 shares valued at approximately $1.69 million. Institutional investors and hedge funds collectively own 73.04% of the company.
• Dominion’s proposed $66.8 billion combination with NextEra remains a key catalyst, but approval is uncertain amid Virginia regulatory hearings and local opposition. Storm preparations and recent power outages also pose operational and reputational risks.
• The stock opened at $61.12, down 2.1%, while Dominion reported quarterly EPS of $0.79—beating estimates—and maintains a $2.67 annualized dividend yielding about 4.4%. Analysts’ consensus rating is Hold, with an average price target of $69.79.

Andra AP fonden reduced its position in shares of Dominion Energy Inc. (NYSE:D - Free Report) by 86.8% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 24,689 shares of the utilities provider's stock after selling 162,200 shares during the quarter. Andra AP fonden's holdings in Dominion Energy were worth $1,686,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. State Street Corp raised its position in shares of Dominion Energy by 3.5% during the 2nd quarter. State Street Corp now owns 50,917,469 shares of the utilities provider's stock worth $3,477,154,000 after purchasing an additional 1,704,954 shares during the last quarter. The Manufacturers Life Insurance Company raised its stake in Dominion Energy by 1.8% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 1,077,536 shares of the utilities provider's stock valued at $73,585,000 after purchasing an additional 18,810 shares during the last quarter. Sequoia Financial Advisors LLC lifted its holdings in Dominion Energy by 11.4% in the 2nd quarter. Sequoia Financial Advisors LLC now owns 44,524 shares of the utilities provider's stock valued at $3,041,000 after purchasing an additional 4,549 shares in the last quarter. National Pension Service lifted its holdings in Dominion Energy by 1.0% in the 2nd quarter. National Pension Service now owns 1,276,493 shares of the utilities provider's stock valued at $87,172,000 after purchasing an additional 12,405 shares in the last quarter. Finally, Cidel Asset Management Inc. boosted its stake in Dominion Energy by 2.3% during the 2nd quarter. Cidel Asset Management Inc. now owns 9,258 shares of the utilities provider's stock worth $632,000 after purchasing an additional 212 shares during the last quarter. 73.04% of the stock is currently owned by institutional investors and hedge funds.

Key Headlines Impacting Dominion Energy

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

• Positive Sentiment: The proposed $66.8 billion Dominion–NextEra combination could receive support from a Virginia benefits package offering up to $1 billion annually for five years in spending with Virginia suppliers, contractors and service providers. A public hearing on the merger is scheduled in Newport News, keeping the approval process in focus. NextEra and Dominion unveil a bigger pitch for Virginia
• Neutral Sentiment: Merger approval remains uncertain. Virginia regulators heard arguments over Clean Virginia’s request to compel documents related to alleged undisclosed information, while local officials are also weighing opposition to Dominion’s proposed Vint Hill substation expansion. These proceedings could affect the timing, conditions and perceived value of the transaction. Dominion-NextEra merger regulatory hearing
• Neutral Sentiment: Dominion said it was preparing for storms and potential salt contamination. While the preparation may limit operational disruption, storm-related damage and restoration costs remain risks for a regulated utility. Dominion prepares for storm concerns
• Negative Sentiment: Thousands of customers in Hampton Roads, including Virginia Beach, Hampton and Suffolk, lost power. Although outages may be temporary, they can increase restoration expenses, attract regulatory attention and damage customer-service perceptions. Thousands of Dominion customers lost power
• Negative Sentiment: The latest trading coverage noted that Dominion’s decline was larger than the market’s, but provided no new company-specific fundamental deterioration. Investors appear to be weighing merger-related uncertainty and operational headlines against Dominion’s previously reported earnings beat and 2026 EPS guidance of $3.45–$3.69. Dominion registers a bigger fall than the market

Dominion Energy Stock Down 2.1%

Shares of NYSE D opened at $61.12 on Thursday. 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 business's 50 day moving average is $67.29 and its two-hundred day moving average is $65.85. Dominion Energy Inc. has a 52-week low of $55.85 and a 52-week high of $72.99. The firm has a market cap of $53.76 billion, a price-to-earnings ratio of 21.30, a PEG ratio of 2.91 and a beta of 0.64.

Dominion Energy (NYSE:D - Get Free Report) last posted 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 firm 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%.The company's quarterly revenue was up 17.6% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.75 EPS. Dominion Energy has set its FY 2026 guidance at 3.450-3.690 EPS. Research analysts predict that Dominion Energy Inc. will post 3.57 EPS for the current year.

Dominion Energy Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Sunday, September 20th. Stockholders of record on Friday, September 4th were paid a $0.6675 dividend. The ex-dividend date of this dividend was Friday, September 4th. This represents a $2.67 annualized dividend and a dividend yield of 4.4%. Dominion Energy's dividend payout ratio (DPR) is presently 93.03%.

Analysts Set New Price Targets

A number of equities research analysts have recently commented on D shares. BMO Capital Markets increased their target price on shares of Dominion Energy from $64.00 to $70.00 and gave the company a "market perform" rating in a research report on Wednesday, July 22nd. Morgan Stanley dropped their price target on Dominion Energy from $68.00 to $66.00 and set an "equal weight" rating for the company in a research report on Friday, September 18th. Truist Financial cut their price target on Dominion Energy from $68.00 to $66.00 and set a "hold" rating for the company in a report on Thursday, August 13th. TD Cowen upgraded Dominion Energy from a "hold" rating to a "buy" rating and upped their target price for the company from $69.00 to $80.00 in a report on Wednesday, August 19th. Finally, Jefferies Financial Group raised shares of Dominion Energy from a "hold" rating to a "buy" rating and increased their price target for the company from $65.00 to $76.00 in a research note on Thursday, May 28th. Five analysts have rated the stock with a Buy rating, nine have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus price target of $69.79.

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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