Oslo Pensjonsforsikring AS Makes New Investment in Dominion Energy Inc. $D

Oslo Pensjonsforsikring AS purchased a new stake in Dominion Energy Inc. (NYSE:D) during the 1st quarter, HoldingsChannel reports. The fund purchased 7,220 shares of the utilities provider’s stock, valued at approximately $446,000.

A number of other hedge funds have also bought and sold shares of the business. Motiv8 Investments LLC purchased a new position in shares of Dominion Energy in the fourth quarter valued at $25,000. Triumph Capital Management purchased a new position in Dominion Energy during the 3rd quarter valued at about $28,000. Blueline Advisors LLC purchased a new stake in shares of Dominion Energy in the fourth quarter worth about $28,000. Costello Asset Management INC boosted its position in shares of Dominion Energy by 66.7% in the fourth quarter. Costello Asset Management INC now owns 500 shares of the utilities provider’s stock valued at $29,000 after acquiring an additional 200 shares during the period. Finally, Advocate Investing Services LLC bought a new stake in Dominion Energy during the 4th quarter worth approximately $29,000. 73.04% of the stock is currently owned by hedge funds and other institutional investors.

Dominion Energy Stock Down 0.7%

Shares of NYSE D opened at $69.85 on Wednesday. The stock has a market capitalization of $61.43 billion, a P/E ratio of 20.67 and a beta of 0.65. Dominion Energy Inc. has a one year low of $55.85 and a one year high of $72.99. The firm’s 50 day simple moving average is $68.05 and its two-hundred day simple moving average is $64.16. 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. The company had revenue of $5.02 billion for the quarter, compared to analyst estimates of $4.43 billion. Dominion Energy had a net margin of 16.93% and a return on equity of 9.63%. The firm’s quarterly revenue was up 23.1% compared to the same quarter last year. During the same quarter last year, the firm earned $0.93 EPS. Dominion Energy has set its FY 2026 guidance at 3.450-3.690 EPS. As a group, analysts expect that Dominion Energy Inc. will post 3.58 EPS for the current fiscal year.

Dominion Energy Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Saturday, June 20th. Stockholders of record on Friday, May 29th were issued a $0.6675 dividend. The ex-dividend date was Friday, May 29th. This represents a $2.67 annualized dividend and a dividend yield of 3.8%. Dominion Energy’s payout ratio is currently 78.99%.

Dominion Energy News Summary

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

• Positive Sentiment: Dominion and Loudoun County are moving toward a settlement in a data center power line dispute, which could reduce legal and regulatory overhang tied to a major growth market. Article Title
• Positive Sentiment: Dominion continues to advance its proposed merger with NextEra, and the companies are presenting a customer-benefit case that includes a monthly bill discount, which could support the long-term earnings narrative if approved. Article Title
• Neutral Sentiment: Dominion and NextEra filed a joint petition for Virginia SCC approval of their merger, a necessary procedural step but not a final decision. Article Title
• Neutral Sentiment: Dominion is working with Aiken County officials to improve storm response, which may help operations but is not a major financial catalyst. Article Title
• Neutral Sentiment: Recent outage reports in Isle of Wight, caused by tree limbs, highlight routine service interruptions rather than a broader fundamental problem. Article Title
• Negative Sentiment: Lawmakers are calling for a special session to debate the Dominion-NextEra merger, increasing the chance of political scrutiny and a slower approval process. Article Title
• Negative Sentiment: Community groups remain wary of the public-benefit case for the Dominion-NextEra combination, signaling potential resistance from stakeholders. Article Title

Analyst Ratings Changes

Several research analysts have recently weighed in on the stock. Bank of America upped their price target on shares of Dominion Energy from $63.00 to $65.00 and gave the stock a “neutral” rating in a report on Wednesday, April 15th. Jefferies Financial Group upgraded Dominion Energy from a “hold” rating to a “buy” rating and lifted their price target for the company from $65.00 to $76.00 in a research report on Thursday, May 28th. Wall Street Zen downgraded shares of Dominion Energy from a “hold” rating to a “sell” rating in a research note on Saturday, May 16th. Barclays cut their price target on shares of Dominion Energy from $70.00 to $69.00 and set an “overweight” rating for the company in a research note on Tuesday, June 23rd. Finally, Mizuho lifted their price objective on shares of Dominion Energy from $66.00 to $72.00 and gave the stock a “neutral” rating in a report on Tuesday, May 26th. Four investment analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $67.62.

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.