Sanctuary Advisors LLC Makes New Investment in Dominion Energy Inc. $D

Sanctuary Advisors LLC bought a new stake in shares of Dominion Energy Inc. (NYSE:D - Free Report) in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 197,012 shares of the utilities provider's stock, valued at approximately $13,454,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Motiv8 Investments LLC purchased a new stake in Dominion Energy during the fourth quarter valued at $25,000. Blueline Advisors LLC purchased a new position in Dominion Energy in the fourth quarter worth about $28,000. Triumph Capital Management purchased a new position in Dominion Energy in the third quarter worth about $28,000. Costello Asset Management INC grew its stake in shares of Dominion Energy by 66.7% during the 4th quarter. Costello Asset Management INC now owns 500 shares of the utilities provider's stock valued at $29,000 after purchasing an additional 200 shares during the period. Finally, Advocate Investing Services LLC purchased a new stake in shares of Dominion Energy during the 4th quarter valued at about $29,000. 73.04% of the stock is currently owned by hedge funds and other institutional investors.

Dominion Energy News Summary

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

• Positive Sentiment: TD Cowen upgraded Dominion Energy, citing what it views as favorable odds for the NextEra transaction and additional upside potential. TD Cowen Just Upgraded Dominion Energy. Here's Why.
• Positive Sentiment: Dominion said it expects to receive a refund related to tariffs imposed during the Trump administration. The reimbursement could provide a modest cash-flow benefit. Dominion says they’re getting a Trump Tariff refund
• Neutral Sentiment: Morgan Stanley lowered its Dominion price target from $71 to $68 and assigned an “equal weight” rating. The revised target still implies limited upside, but the reduction signals more cautious expectations. Morgan Stanley lowers Dominion Energy price target
• Neutral Sentiment: Analysts collectively maintain a “Hold” consensus rating, suggesting Wall Street sees a relatively balanced risk-reward profile. Dominion Energy receives consensus Hold rating
• Negative Sentiment: The proposed NextEra merger continues to face political and regulatory scrutiny. Virginia, Maine and Massachusetts officials have raised concerns about competition and potential increases in energy costs, while South Carolina regulators are examining the transaction timeline. These objections could delay approval, increase required concessions or reduce the deal’s expected benefits. Maine governor raises concerns about NextEra-Dominion merger
• Negative Sentiment: Local homeowners are opposing a Dominion power-line project, citing potentially significant costs and property impacts. The dispute adds reputational and permitting risk, although its direct financial effect remains unclear. Ashburn homeowners oppose Dominion power line

Analyst Ratings Changes

D has been the topic of several recent research reports. Jefferies Financial Group upgraded shares of Dominion Energy from a "hold" rating to a "buy" rating and increased 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 shares of Dominion Energy in a report on Wednesday. Wells Fargo & Company increased their price target on shares of Dominion Energy from $66.00 to $68.00 and gave the stock an "overweight" rating in a research report on Friday, May 15th. BMO Capital Markets lifted their price target on shares of Dominion Energy from $64.00 to $70.00 and gave the stock a "market perform" rating in a research note on Wednesday, July 22nd. Finally, Weiss Ratings restated a "buy (b)" rating on shares of Dominion Energy in a research note on Wednesday. Five analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, Dominion Energy has a consensus rating of "Hold" and a consensus target price of $69.93.

Dominion Energy Trading Up 0.1%

Dominion Energy stock opened at $66.64 on Monday. Dominion Energy Inc. has a 12-month low of $55.85 and a 12-month high of $72.99. The firm has a market capitalization of $58.61 billion, a price-to-earnings ratio of 23.22 and a beta of 0.65. The firm has a 50 day moving average of $69.22 and a 200 day moving average of $65.65. The company has a current ratio of 0.81, a quick ratio of 0.64 and a debt-to-equity ratio of 1.43.

Dominion Energy (NYSE:D - Get Free Report) last issued its quarterly earnings data on Friday, July 31st. The utilities provider reported $0.79 EPS for the quarter, topping analysts' consensus estimates of $0.68 by $0.11. Dominion Energy had a net margin of 13.98% and a return on equity of 9.62%. The business had revenue of $4.48 billion during the quarter, compared to analysts' expectations of $4.04 billion. During the same period last year, the company posted $0.75 EPS. The business'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, research analysts predict that Dominion Energy Inc. will post 3.57 earnings per share for the current year.

Dominion Energy Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Sunday, September 20th. Stockholders of record on Friday, September 4th will be paid a $0.6675 dividend. This represents a $2.67 annualized dividend and a dividend yield of 4.0%. The ex-dividend date of this dividend is Friday, September 4th. Dominion Energy's dividend payout ratio (DPR) is presently 93.03%.

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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