Dominion Energy Inc. $D Stock: RWC Asset Management LLP Cuts Stake

RWC Asset Management LLP decreased its stake in Dominion Energy Inc. (NYSE:D) by 2.4% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 409,681 shares of the utilities provider’s stock after selling 10,043 shares during the period. RWC Asset Management LLP’s holdings in Dominion Energy were worth $24,794,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of D. Frazier Financial Advisors LLC bought a new position in shares of Dominion Energy during the second quarter valued at $31,000. Beacon Financial Strategies CORP increased its position in shares of Dominion Energy by 269.2% during the 2nd quarter. Beacon Financial Strategies CORP now owns 480 shares of the utilities provider’s stock worth $33,000 after purchasing an additional 350 shares in the last quarter. OP Asset Management Ltd bought a new position in Dominion Energy during the 1st quarter valued at about $34,000. Arlington Trust Co LLC boosted its position in Dominion Energy by 47.1% in the second quarter. Arlington Trust Co LLC now owns 500 shares of the utilities provider’s stock valued at $34,000 after buying an additional 160 shares in the last quarter. Finally, Burnham & Co LLC acquired a new position in Dominion Energy in the second quarter valued at about $34,000. 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: Wall Street expects Dominion’s upcoming quarterly report to show earnings growth. Zacks says the company has a favorable Earnings ESP and other indicators that could support an earnings beat, potentially improving confidence in its outlook. Dominion Energy Reports Next Week: Wall Street Expects Earnings Growth
• Positive Sentiment: Virginia officials and local supervisors approved a proposed 3-gigawatt Dominion gas-fired power station. The project could expand Dominion’s generation capacity and support long-term rate-base growth, although construction and regulatory costs remain considerations. Virginia Officials Give Go-Ahead for 3-GW Dominion Energy Gas-Fired Power Station
• Positive Sentiment: NextEra Energy shareholders approved the proposed Dominion transaction, advancing the deal and potentially creating strategic and financial benefits if remaining approvals and execution milestones are completed. NextEra Q3 2026 Earnings Rise as Shareholders Approve Dominion Merger

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on D. Wells Fargo & Company raised shares of Dominion Energy to a “strong-buy” rating in a report on Thursday, September 24th. UBS Group set a $80.00 price target on Dominion Energy in a research report on Wednesday, August 19th. Evercore raised their price target on Dominion Energy from $67.00 to $70.00 in a report on Thursday, October 8th. Morgan Stanley cut their price objective 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. Finally, Weiss Ratings lowered Dominion Energy from a “buy (b)” rating to a “buy (b-)” rating in a research note on Thursday, October 8th. One analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $69.27.

Dominion Energy Price Performance

D traded down $0.15 during midday trading on Friday, hitting $65.25. The company had a trading volume of 5,126,976 shares, compared to its average volume of 4,313,856. Dominion Energy Inc. has a twelve month low of $55.85 and a twelve month high of $72.99. The company has a market capitalization of $57.39 billion, a PE ratio of 22.73, a P/E/G ratio of 3.04 and a beta of 0.64. The company has a debt-to-equity ratio of 1.43, a quick ratio of 0.64 and a current ratio of 0.81. The firm’s 50-day simple moving average is $64.02 and its 200-day simple moving average is $65.84.

Dominion Energy (NYSE:D) last released its quarterly earnings results on Friday, July 31st. The utilities provider reported $0.79 EPS for the quarter, beating the consensus estimate of $0.68 by $0.11. The business had revenue of $4.48 billion for the quarter, compared to analysts’ expectations of $4.04 billion. Dominion Energy had a net margin of 13.98% and a return on equity of 9.62%. Dominion Energy’s revenue was up 17.6% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.75 earnings per share. Dominion Energy has set its FY 2026 guidance at 3.450-3.690 EPS. Equities research analysts predict that Dominion Energy Inc. will post 3.59 EPS for the current fiscal year.

Dominion Energy Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Sunday, September 20th. Shareholders of record on Friday, September 4th were given a $0.6675 dividend. This represents a $2.67 dividend on an annualized basis and a yield of 4.1%. The ex-dividend date was Friday, September 4th. Dominion Energy’s dividend payout ratio (DPR) is presently 93.03%.

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 distribution services to residential, commercial, industrial and governmental customers, primarily in Virginia and South Carolina.

The company operates a diversified power-generation portfolio that includes nuclear, natural gas, renewable energy and other resources. Its activities also include electricity transmission infrastructure, renewable energy development and natural gas utility operations.