Engineers Gate Manager LP Decreases Stock Holdings in Dominion Energy Inc. $D

Key Points

• Engineers Gate Manager LP reduced its Dominion Energy stake by 83.9% in the second quarter, selling 35,016 shares and retaining 6,703 shares valued at approximately $458,000. Institutional investors collectively own 73.04% of the company.
• Dominion Energy exceeded quarterly expectations, reporting $0.79 in EPS versus the $0.68 consensus and $4.48 billion in revenue, up 17.6% year over year. The company reaffirmed 2026 EPS guidance of $3.45–$3.69.
• The company pays a quarterly dividend of $0.6675 per share, equivalent to a 4.4% annualized yield. Investors are also monitoring uncertainty surrounding the proposed $66.8 billion Dominion–NextEra combination, which remains subject to regulatory review.

Engineers Gate Manager LP cut its holdings in Dominion Energy Inc. (NYSE:D - Free Report) by 83.9% in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 6,703 shares of the utilities provider's stock after selling 35,016 shares during the quarter. Engineers Gate Manager LP's holdings in Dominion Energy were worth $458,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of the business. BlackRock Inc. purchased a new position in shares of Dominion Energy in the 2nd quarter worth approximately $4,986,439,000. Capital Research Global Investors lifted its position in Dominion Energy by 9.0% in the fourth quarter. Capital Research Global Investors now owns 59,790,734 shares of the utilities provider's stock worth $3,503,142,000 after buying an additional 4,940,692 shares during the last quarter. Geode Capital Management LLC boosted its stake in Dominion Energy by 1.6% during the fourth quarter. Geode Capital Management LLC now owns 20,442,935 shares of the utilities provider's stock worth $1,196,056,000 after buying an additional 314,932 shares during the period. Bank of America Corp DE boosted its stake in Dominion Energy by 15.7% during the first quarter. Bank of America Corp DE now owns 15,930,241 shares of the utilities provider's stock worth $984,808,000 after buying an additional 2,164,951 shares during the period. Finally, Bank of New York Mellon Corp increased its position in Dominion Energy by 5.5% during the fourth quarter. Bank of New York Mellon Corp now owns 12,874,007 shares of the utilities provider's stock valued at $754,288,000 after acquiring an additional 674,782 shares during the last quarter. Institutional investors own 73.04% of the company's stock.

Dominion Energy Price Performance

Shares of D stock opened at $61.12 on Thursday. The company has a market capitalization of $53.76 billion, a P/E ratio of 21.30, a P/E/G ratio of 2.91 and a beta of 0.64. The company's 50-day simple moving average is $67.29 and its two-hundred day simple moving average is $65.85. Dominion Energy Inc. has a one year low of $55.85 and a one year high of $72.99. The company has a debt-to-equity ratio of 1.43, a current ratio of 0.81 and a quick ratio of 0.64.

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

Dominion Energy Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Sunday, September 20th. Stockholders of record on Friday, September 4th were paid a dividend of $0.6675 per share. The ex-dividend date 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 currently 93.03%.

More Dominion Energy News

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

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on D shares. Weiss Ratings restated a "buy (b)" rating on shares of Dominion Energy in a report on Wednesday, August 19th. BMO Capital Markets upped their price target on shares of Dominion Energy from $64.00 to $70.00 and gave the company a "market perform" rating in a report on Wednesday, July 22nd. Jefferies Financial Group raised shares of Dominion Energy from a "hold" rating to a "buy" rating and raised their price objective for the stock from $65.00 to $76.00 in a research note on Thursday, May 28th. UBS Group set a $80.00 target price on Dominion Energy in a research report on Wednesday, August 19th. Finally, TD Cowen raised 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 research note on Wednesday, August 19th. Five research analysts have rated the stock with a Buy rating, nine have given a Hold rating and one has assigned a Sell rating to the company's stock. According to data from MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus target price 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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