Munich Reinsurance Co Stock Corp in Munich Makes New Investment in Dominion Energy Inc. $D

Key Points

• Munich Reinsurance Co Stock Corp in Munich bought 1,066,374 shares of Dominion Energy in Q3 (about $65.23 million), making the stake roughly 1.6% of Munich Re’s portfolio and representing 0.12% ownership of Dominion.
• Dominion beat quarterly estimates with $0.68 EPS vs. $0.67 expected and reported $4.09 billion in revenue (up 20.4% year-over-year), and set FY2026 guidance of 3.450–3.690 EPS while the consensus analyst rating is a Hold with a $64.73 target.
• The company declared a quarterly dividend of $0.6675 (annualized $2.67), implying a ~4.2% yield, with an ex-dividend date of Feb 27 and a payment date of Mar 20.

Munich Reinsurance Co Stock Corp in Munich bought a new position in Dominion Energy Inc. (NYSE:D - Free Report) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 1,066,374 shares of the utilities provider's stock, valued at approximately $65,230,000. Dominion Energy makes up about 1.6% of Munich Reinsurance Co Stock Corp in Munich's portfolio, making the stock its 18th biggest position. Munich Reinsurance Co Stock Corp in Munich owned 0.12% of Dominion Energy as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. CoreFirst Bank & Trust bought a new stake in Dominion Energy during the second quarter valued at $25,000. United Community Bank acquired a new position in shares of Dominion Energy in the 3rd quarter valued at about $29,000. Hanson & Doremus Investment Management acquired a new position in shares of Dominion Energy in the 3rd quarter valued at about $31,000. Twin Peaks Wealth Advisors LLC bought a new stake in shares of Dominion Energy during the 2nd quarter valued at about $32,000. Finally, Capital A Wealth Management LLC grew its position in shares of Dominion Energy by 5,038.5% during the 2nd quarter. Capital A Wealth Management LLC now owns 668 shares of the utilities provider's stock valued at $38,000 after buying an additional 655 shares during the last quarter. 73.04% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

D has been the topic of a number of recent research reports. TD Cowen assumed coverage on shares of Dominion Energy in a report on Friday, January 9th. They issued a "hold" rating and a $65.00 target price on the stock. Barclays dropped their price target on Dominion Energy from $64.00 to $63.00 and set an "overweight" rating on the stock in a research report on Thursday, January 22nd. Mizuho raised their price target on Dominion Energy from $62.00 to $66.00 and gave the stock a "neutral" rating in a report on Tuesday, February 24th. Wells Fargo & Company reduced their price objective on Dominion Energy from $67.00 to $64.00 and set an "overweight" rating for the company in a research report on Tuesday, January 20th. Finally, JPMorgan Chase & Co. dropped their target price on Dominion Energy from $62.00 to $59.00 and set an "underweight" rating on the stock in a research report on Thursday, December 11th. Three equities research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat.com, Dominion Energy presently has an average rating of "Hold" and a consensus price target of $64.73.

Dominion Energy Stock Performance

Shares of D stock opened at $63.30 on Friday. Dominion Energy Inc. has a 12-month low of $48.07 and a 12-month high of $67.57. The company has a debt-to-equity ratio of 1.36, a current ratio of 0.77 and a quick ratio of 0.59. The firm has a market capitalization of $55.63 billion, a price-to-earnings ratio of 18.40, a price-to-earnings-growth ratio of 1.71 and a beta of 0.71. The business has a 50 day simple moving average of $61.63 and a 200 day simple moving average of $60.71.

Dominion Energy (NYSE:D - Get Free Report) last announced its earnings results on Monday, February 23rd. The utilities provider reported $0.68 earnings per share for the quarter, beating the consensus estimate of $0.67 by $0.01. Dominion Energy had a return on equity of 9.67% and a net margin of 18.05%.The firm had revenue of $4.09 billion for the quarter, compared to the consensus estimate of $3.65 billion. During the same quarter in the previous year, the business earned $0.58 EPS. The firm's revenue for the quarter was up 20.4% on a year-over-year basis. Dominion Energy has set its FY 2026 guidance at 3.450-3.690 EPS. On average, equities research analysts anticipate that Dominion Energy Inc. will post 3.39 EPS for the current year.

Dominion Energy Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 20th. Investors of record on Friday, February 27th 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 4.2%. The ex-dividend date is Friday, February 27th. Dominion Energy's payout ratio is currently 77.62%.

Dominion Energy Company 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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