Diversify Wealth Management LLC Buys New Stake in Dominion Energy Inc. $D

Diversify Wealth Management LLC purchased a new position in Dominion Energy Inc. (NYSE:D) during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 22,121 shares of the utilities provider’s stock, valued at approximately $1,383,000.

Several other hedge funds and other institutional investors have also made changes to their positions in D. Wellington Management Group LLP grew its holdings in Dominion Energy by 46.2% during the 4th quarter. Wellington Management Group LLP now owns 44,943,727 shares of the utilities provider’s stock valued at $2,633,253,000 after buying an additional 14,197,581 shares in the last quarter. Norges Bank purchased a new position in shares of Dominion Energy in the fourth quarter valued at $655,142,000. Capital Research Global Investors grew its holdings in shares of Dominion Energy by 9.0% in the fourth quarter. Capital Research Global Investors now owns 59,790,734 shares of the utilities provider’s stock valued at $3,503,142,000 after purchasing an additional 4,940,692 shares in the last quarter. Adage Capital Partners GP L.L.C. bought a new stake in Dominion Energy in the fourth quarter worth $125,495,000. Finally, State Street Corp raised its stake in Dominion Energy by 3.6% during the fourth quarter. State Street Corp now owns 48,620,273 shares of the utilities provider’s stock valued at $2,848,662,000 after purchasing an additional 1,686,050 shares in the last quarter. Institutional investors own 73.04% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have commented on D shares. Mizuho increased their price objective on shares of Dominion Energy from $66.00 to $72.00 and gave the company a “neutral” rating in a research report on Tuesday, May 26th. Wells Fargo & Company upped their target price on shares of Dominion Energy from $66.00 to $68.00 and gave the company an “overweight” rating in a research report on Friday, May 15th. Morgan Stanley lowered their price target on shares of Dominion Energy from $69.00 to $68.00 and set an “equal weight” rating for the company in a report on Tuesday, April 21st. Bank of America lifted their price target on Dominion Energy from $63.00 to $65.00 and gave the stock a “neutral” rating in a research report on Wednesday, April 15th. Finally, Jefferies Financial Group upgraded Dominion Energy from a “hold” rating to a “buy” rating and upped their price objective for the company from $65.00 to $76.00 in a research report on Thursday, May 28th. Four research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Dominion Energy currently has a consensus rating of “Hold” and an average price target of $67.62.

Dominion Energy News Roundup

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

• Positive Sentiment: Dominion Energy and NextEra Energy filed applications seeking regulatory approval for their proposed combination, a deal that could create a stronger utility platform across fast-growing Southeastern markets and potentially unlock long-term strategic value. The companies said Virginia, North Carolina and South Carolina customers would receive $2.25 billion in shareholder-funded bill credits, and merger-related costs would not be passed on to customers. Article Title
• Positive Sentiment: Dominion’s stock also appears supported by a report that it reached a new 12-month high, suggesting recent momentum has been driven by investor optimism around its earnings profile, asset base and demand growth. Article Title
• Neutral Sentiment: Virginia regulators are still evaluating how to allocate transmission costs tied to Dominion’s large data-center load growth. While the issue reflects strong power demand in Dominion’s service territory, it also shows that the economics of serving these new customers remain under review. Article Title
• Neutral Sentiment: Local opposition continues around Dominion transmission-line projects in Loudoun County, including school board resistance and a potential Supreme Court fight. These headlines add political and permitting uncertainty, but they are project-specific rather than company-wide fundamentals. Article Title
• Negative Sentiment: Virginia Lt. Gov. Hashmi and other critics are urging scrutiny of the proposed $67 billion merger, which could slow approvals and increase regulatory risk. Article Title

Dominion Energy Stock Performance

D stock opened at $70.96 on Thursday. The company has a quick ratio of 0.61, a current ratio of 0.78 and a debt-to-equity ratio of 1.38. The business’s fifty day simple moving average is $67.38 and its two-hundred day simple moving average is $63.83. Dominion Energy Inc. has a twelve month low of $55.85 and a twelve month high of $71.57. The firm has a market cap of $62.41 billion, a price-to-earnings ratio of 20.99 and a beta of 0.65.

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

Dominion Energy Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Saturday, June 20th. Stockholders of record on Friday, May 29th were given a dividend of $0.6675 per share. The ex-dividend date of this dividend was Friday, May 29th. This represents a $2.67 dividend on an annualized basis and a dividend yield of 3.8%. Dominion Energy’s dividend payout ratio (DPR) is 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.