Dominion Energy Inc. $D Shares Acquired by Waverly Advisors LLC

Waverly Advisors LLC lifted its holdings in Dominion Energy Inc. (NYSE:D) by 8.1% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 106,769 shares of the utilities provider’s stock after buying an additional 8,021 shares during the period. Waverly Advisors LLC’s holdings in Dominion Energy were worth $7,291,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently bought and sold shares of D. Bryn Mawr Trust Advisors LLC purchased a new position in shares of Dominion Energy during the 2nd quarter worth $7,346,000. Ausbil Investment Management Ltd purchased a new stake in shares of Dominion Energy in the second quarter valued at about $4,603,000. North Dakota State Investment Board acquired a new position in Dominion Energy in the 4th quarter valued at about $1,715,000. Florida Trust Wealth Management Co grew its stake in shares of Dominion Energy by 51.6% in the 2nd quarter. Florida Trust Wealth Management Co now owns 67,185 shares of the utilities provider’s stock valued at $4,588,000 after buying an additional 22,870 shares during the period. Finally, Oppenheimer Asset Management Inc. purchased a new stake in shares of Dominion Energy in the 2nd quarter valued at approximately $7,645,000. 73.04% of the stock is currently owned by institutional investors and hedge funds.

Dominion Energy Stock Down 1.6%

NYSE:D opened at $65.16 on Thursday. Dominion Energy Inc. has a 52 week low of $55.85 and a 52 week high of $72.99. The stock’s fifty day moving average is $68.59 and its two-hundred day moving average is $65.85. The stock has a market capitalization of $57.31 billion, a price-to-earnings ratio of 22.70, a price-to-earnings-growth ratio of 3.09 and a beta of 0.64. The company has a quick ratio of 0.64, a current ratio of 0.81 and a debt-to-equity ratio of 1.43.

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

Dominion Energy Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Sunday, September 20th. Shareholders of record on Friday, September 4th will be paid a dividend of $0.6675 per share. The ex-dividend date is Friday, September 4th. This represents a $2.67 dividend on an annualized basis and a yield of 4.1%. Dominion Energy’s dividend payout ratio is 93.03%.

Analyst Upgrades and Downgrades

Several analysts have recently commented on the stock. Royal Bank Of Canada lifted their price target on shares of Dominion Energy from $66.00 to $72.00 and gave the company a “sector perform” rating in a research report on Tuesday, May 19th. Truist Financial cut their target price on Dominion Energy from $68.00 to $66.00 and set a “hold” rating for the company in a research note on Thursday, August 13th. Weiss Ratings restated a “buy (b)” rating on shares of Dominion Energy in a research report on Wednesday, August 19th. Wall Street Zen lowered Dominion Energy from a “hold” rating to a “sell” rating in a research note on Saturday, May 16th. Finally, TD Cowen raised Dominion Energy from a “hold” rating to a “buy” rating and raised their price objective for the stock from $69.00 to $80.00 in a research report on Wednesday, August 19th. Five investment analysts have rated the stock with a Buy rating, nine have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $69.93.

Key Stories Impacting Dominion Energy

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

• Positive Sentiment: Shareholders approved the Dominion–NextEra merger. Dominion and NextEra shareholders overwhelmingly backed the transaction, clearing a major corporate hurdle. The combination is expected to create the world’s largest regulated electric utility by market capitalization and could provide greater scale and operating efficiencies. SC utility buyout cleared by Dominion and NextEra shareholders
• Neutral Sentiment: The merger still faces a lengthy regulatory review. Although shareholder approval removes a significant obstacle, state and federal regulators must assess the transaction. Reports indicate that regulators may focus on how the deal affects utility rates, competition and reliability, limiting the near-term certainty of the proposed combination. Shareholder backing for merger, regulatory questions remain
• Neutral Sentiment: Dominion will lower Lake Murray’s water level this fall. The drawdown is expected to continue into 2027, with the company warning boaters about reduced water levels. The move appears operational and seasonal rather than a material change to Dominion’s earnings outlook, but it could generate local attention and customer concerns. Dominion to lower Lake Murray levels
• Negative Sentiment: Potential energy-cost increases are creating public opposition to the merger. Residents and stakeholders have raised concerns that the Dominion–NextEra combination could lead to higher energy bills. Such concerns may increase political and regulatory scrutiny and raise the risk of conditions, delays or concessions before approval. Energy costs a concern as merger is considered
• Negative Sentiment: Analyst sentiment remains cautious. Coverage noted that Dominion has outperformed the broader utility sector over the past year, but analysts remain wary about its valuation and future prospects. The stock’s latest decline was also larger than the general market’s, suggesting investors are focusing on merger risks and limited near-term catalysts. Dominion Energy suffers a larger drop than the general market

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 service to residential, commercial and industrial customers, primarily in Virginia and South Carolina.

The company’s electric generation portfolio includes nuclear, natural gas, renewable energy and hydroelectric resources. Dominion Energy also operates electric transmission and distribution networks, natural gas distribution systems and related energy infrastructure.