Dominion Energy Inc. $D Holdings Reduced by Resona Asset Management Co. Ltd.

Resona Asset Management Co. Ltd. decreased its position in Dominion Energy Inc. (NYSE:D) by 5.2% in the 4th quarter, Holdings Channel.com reports. The firm owned 281,611 shares of the utilities provider’s stock after selling 15,497 shares during the period. Resona Asset Management Co. Ltd.’s holdings in Dominion Energy were worth $16,529,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Brighton Jones LLC boosted its holdings in shares of Dominion Energy by 64.3% in the fourth quarter. Brighton Jones LLC now owns 9,081 shares of the utilities provider’s stock valued at $489,000 after acquiring an additional 3,553 shares in the last quarter. Empowered Funds LLC boosted its holdings in shares of Dominion Energy by 8.3% in the first quarter. Empowered Funds LLC now owns 17,571 shares of the utilities provider’s stock valued at $985,000 after acquiring an additional 1,344 shares in the last quarter. Woodline Partners LP boosted its holdings in shares of Dominion Energy by 40.7% in the first quarter. Woodline Partners LP now owns 70,968 shares of the utilities provider’s stock valued at $3,979,000 after acquiring an additional 20,522 shares in the last quarter. Intech Investment Management LLC boosted its holdings in shares of Dominion Energy by 71.2% in the first quarter. Intech Investment Management LLC now owns 30,460 shares of the utilities provider’s stock valued at $1,708,000 after acquiring an additional 12,663 shares in the last quarter. Finally, Schnieders Capital Management LLC. boosted its holdings in shares of Dominion Energy by 9.5% in the second quarter. Schnieders Capital Management LLC. now owns 124,573 shares of the utilities provider’s stock valued at $7,041,000 after acquiring an additional 10,775 shares in the last quarter. Institutional investors own 73.04% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on D shares. Weiss Ratings reiterated a “buy (b-)” rating on shares of Dominion Energy in a report on Friday, May 8th. Wells Fargo & Company increased their price objective on shares of Dominion Energy from $66.00 to $68.00 and gave the company an “overweight” rating in a report on Friday, May 15th. Mizuho increased their price objective on shares of Dominion Energy from $62.00 to $66.00 and gave the company a “neutral” rating in a report on Tuesday, February 24th. Royal Bank Of Canada increased their price objective on shares of Dominion Energy from $66.00 to $72.00 and gave the company a “sector perform” rating in a report on Tuesday. Finally, Truist Financial started coverage on shares of Dominion Energy in a report on Tuesday, April 21st. They issued a “hold” rating and a $67.00 price objective for the company. Three analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, Dominion Energy has a consensus rating of “Hold” and a consensus price target of $66.46.

Key Headlines Impacting Dominion Energy

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

• Positive Sentiment: The NextEra deal could give Dominion a much larger platform to serve rapidly growing data center and industrial power demand, which bulls say could support higher long-term earnings growth. Dominion Energy: The NextEra Merger Could Unlock The AI Power Trade
• Positive Sentiment: Analysts and commentators are highlighting the merger as a major strategic win for Dominion, with estimates calling for roughly 9% annual adjusted EPS growth through 2032 if the deal closes and synergies are realized. Can NextEra Energy & Dominion Merger Boost the Formers’ Fortune?
• Neutral Sentiment: The deal is still subject to extensive regulatory review, and several reports note that regulators will focus heavily on whether the merger keeps electricity bills affordable for customers. Giant US power merger bets on AI build-out, but may hinge on power bills
• Negative Sentiment: Law firms have started investigating the proposed sale, questioning whether the exchange ratio and process are fair to Dominion shareholders, which could add uncertainty and potential legal overhang. Dominion Energy Investor Alert

Dominion Energy Stock Down 0.7%

D stock opened at $67.64 on Thursday. Dominion Energy Inc. has a 12 month low of $53.36 and a 12 month high of $68.97. The firm has a market cap of $59.49 billion, a PE ratio of 20.01, a P/E/G ratio of 3.58 and a beta of 0.65. The firm has a 50 day simple moving average of $62.61 and a 200 day simple moving average of $61.53. The company has a debt-to-equity ratio of 1.38, a current ratio of 0.78 and a quick ratio of 0.61.

Dominion Energy (NYSE:D) last released its earnings results on Friday, May 1st. The utilities provider reported $0.95 EPS for the quarter, beating the consensus estimate of $0.90 by $0.05. Dominion Energy had a net margin of 16.93% and a return on equity of 9.63%. The business had revenue of $5.02 billion during the quarter, compared to analyst estimates of $4.43 billion. During the same period in the prior year, the business earned $0.93 earnings per share. The business’s quarterly revenue was up 23.1% on a year-over-year basis. Dominion Energy has set its FY 2026 guidance at 3.450-3.690 EPS. Equities research analysts forecast that Dominion Energy Inc. will post 3.59 earnings per share for the current fiscal year.

Dominion Energy Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Saturday, June 20th. Investors of record on Friday, May 29th will be paid a dividend of $0.6675 per share. The ex-dividend date of this dividend is Friday, May 29th. This represents a $2.67 annualized dividend and a yield of 3.9%. Dominion Energy’s dividend payout ratio is currently 78.99%.

About Dominion Energy

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.