Russell Investments Group Ltd. Has $80.49 Million Position in Dominion Energy Inc. $D

Key Points

• Russell Investments increased its stake in Dominion Energy by 17.1% in Q3 to 1,315,903 shares, worth about $80.49 million (roughly 0.15% of the company).
• Dominion beat quarterly EPS estimates ($0.68 vs. $0.67) and reported revenue of $4.09 billion, up 20.4% year-over-year, and set FY2026 EPS guidance of $3.45–$3.69.
• The company declared a quarterly dividend of $0.6675 (annualized $2.67, yield ~4.2%), while analysts maintain a consensus "Hold" rating with an average price target of $64.73.

Russell Investments Group Ltd. grew its stake in shares of Dominion Energy Inc. (NYSE:D - Free Report) by 17.1% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,315,903 shares of the utilities provider's stock after acquiring an additional 191,869 shares during the period. Russell Investments Group Ltd. owned 0.15% of Dominion Energy worth $80,490,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. AustralianSuper Pty Ltd lifted its holdings in shares of Dominion Energy by 1,785.9% during the 3rd quarter. AustralianSuper Pty Ltd now owns 519,100 shares of the utilities provider's stock valued at $31,753,000 after buying an additional 491,574 shares during the last quarter. Rockefeller Capital Management L.P. increased its holdings in Dominion Energy by 6.9% in the second quarter. Rockefeller Capital Management L.P. now owns 186,885 shares of the utilities provider's stock worth $10,563,000 after buying an additional 12,041 shares during the last quarter. Kera Capital Partners Inc. bought a new position in Dominion Energy during the third quarter valued at approximately $3,574,000. Vanguard Group Inc. raised its position in Dominion Energy by 16.2% during the second quarter. Vanguard Group Inc. now owns 105,795,310 shares of the utilities provider's stock valued at $5,979,551,000 after acquiring an additional 14,715,895 shares in the last quarter. Finally, Virtus Advisers LLC acquired a new stake in Dominion Energy in the second quarter valued at approximately $240,000. 73.04% of the stock is owned by institutional investors and hedge funds.

Dominion Energy Price Performance

Shares of NYSE:D opened at $62.92 on Tuesday. The business has a 50 day moving average price of $61.71 and a 200 day moving average price of $60.71. Dominion Energy Inc. has a twelve month low of $48.07 and a twelve month high of $67.57. The company has a market cap of $55.29 billion, a price-to-earnings ratio of 18.29, a PEG ratio of 1.71 and a beta of 0.71. The company has a quick ratio of 0.59, a current ratio of 0.77 and a debt-to-equity ratio of 1.36.

Dominion Energy (NYSE:D - Get Free Report) last issued its quarterly earnings results on Monday, February 23rd. The utilities provider reported $0.68 EPS for the quarter, topping 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 company had revenue of $4.09 billion for the quarter, compared to the consensus estimate of $3.65 billion. During the same period in the previous year, the business posted $0.58 EPS. The company'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. Research analysts predict that Dominion Energy Inc. will post 3.39 earnings per share for the current year.

Dominion Energy Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, March 20th. Shareholders of record on Friday, February 27th will be issued a $0.6675 dividend. The ex-dividend date of this dividend is Friday, February 27th. This represents a $2.67 dividend on an annualized basis and a yield of 4.2%. Dominion Energy's dividend payout ratio is 77.62%.

Analysts Set New Price Targets

Several brokerages have recently commented on D. Weiss Ratings upgraded shares of Dominion Energy from a "hold (c+)" rating to a "buy (b-)" rating in a research note on Monday, February 9th. Wells Fargo & Company reduced their price objective on shares of Dominion Energy from $67.00 to $64.00 and set an "overweight" rating for the company in a research note on Tuesday, January 20th. Mizuho upped their price objective on shares of Dominion Energy from $62.00 to $66.00 and gave the stock a "neutral" rating in a report on Tuesday, February 24th. Barclays lowered their target price on shares of Dominion Energy from $64.00 to $63.00 and set an "overweight" rating on the stock in a research report on Thursday, January 22nd. Finally, JPMorgan Chase & Co. cut their target price on Dominion Energy from $62.00 to $59.00 and set an "underweight" rating on the stock in a report on Thursday, December 11th. Three research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat, the stock currently has a consensus rating of "Hold" and an average price target of $64.73.

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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