Dominion Energy Inc. $D Shares Purchased by Franklin Resources Inc.

Franklin Resources Inc. raised its holdings in Dominion Energy Inc. (NYSE:D) by 0.4% in the fourth quarter, Holdings Channel.com reports. The fund owned 9,428,706 shares of the utilities provider’s stock after acquiring an additional 34,906 shares during the period. Franklin Resources Inc.’s holdings in Dominion Energy were worth $552,428,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. Conning Inc. raised its holdings in shares of Dominion Energy by 0.5% in the 4th quarter. Conning Inc. now owns 33,217 shares of the utilities provider’s stock worth $1,946,000 after purchasing an additional 176 shares in the last quarter. Castle Rock Wealth Management LLC boosted its holdings in Dominion Energy by 2.6% during the fourth quarter. Castle Rock Wealth Management LLC now owns 6,885 shares of the utilities provider’s stock worth $422,000 after buying an additional 177 shares in the last quarter. Mather Group LLC. grew its position in Dominion Energy by 3.4% in the fourth quarter. Mather Group LLC. now owns 5,400 shares of the utilities provider’s stock worth $316,000 after buying an additional 178 shares during the last quarter. Redwood Investment Management LLC grew its position in Dominion Energy by 0.6% in the second quarter. Redwood Investment Management LLC now owns 31,778 shares of the utilities provider’s stock worth $1,796,000 after buying an additional 183 shares during the last quarter. Finally, L2 Asset Management LLC increased its holdings in shares of Dominion Energy by 4.9% in the third quarter. L2 Asset Management LLC now owns 4,006 shares of the utilities provider’s stock valued at $245,000 after buying an additional 186 shares in the last quarter. Institutional investors own 73.04% of the company’s stock.

Key Stories Impacting Dominion Energy

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

• Positive Sentiment: Utilities are getting attention as potential winners from the AI and data-center buildout, which could boost long-term electricity demand and support Dominion’s regulated asset growth and rate base expansion.
• Positive Sentiment: Market coverage noted that Dominion remains attractive to income-focused investors because of its dividend profile and utility business model, helping reinforce its defensive appeal.
• Neutral Sentiment: Analyst sentiment remains broadly neutral, with Dominion Energy receiving a consensus “Hold” rating, suggesting Wall Street sees limited near-term catalyst impact from recent coverage.
• Neutral Sentiment: Broader utility-stock comparison pieces are drawing attention to sector performance, but they do not appear to include a company-specific operational development for Dominion.
• Negative Sentiment: Local opposition in Virginia and elsewhere is a drag on sentiment, as Loudoun County and Culpeper County are challenging Dominion transmission and substation projects near schools and asking regulators to scrap parts of the buildout, raising permitting and execution uncertainty. Article Title
• Negative Sentiment: Ongoing public scrutiny around Dominion’s infrastructure plans and offshore wind ambitions could increase regulatory delays or project costs, which may weigh on investor confidence in near-term growth. Article Title

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on the company. Bank of America raised their price objective on Dominion Energy from $63.00 to $65.00 and gave the stock a “neutral” rating in a research note on Wednesday, April 15th. Jefferies Financial Group raised Dominion Energy from a “hold” rating to a “buy” rating and upped their target price for the company from $65.00 to $76.00 in a report on Thursday, May 28th. Morgan Stanley decreased their price target on Dominion Energy from $69.00 to $68.00 and set an “equal weight” rating for the company in a research report on Tuesday, April 21st. Seaport Research Partners cut Dominion Energy from a “buy” rating to a “hold” rating in a research note on Wednesday, May 20th. Finally, Royal Bank Of Canada boosted their price objective on Dominion Energy from $66.00 to $72.00 and gave the stock a “sector perform” rating in a report on Tuesday, May 19th. Four 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. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $67.69.

Dominion Energy Price Performance

Shares of NYSE:D opened at $65.57 on Tuesday. The company’s fifty day moving average is $63.95 and its two-hundred day moving average is $62.11. The company has a market cap of $57.67 billion, a P/E ratio of 19.40 and a beta of 0.65. Dominion Energy Inc. has a 12-month low of $53.36 and a 12-month high of $68.97. The company has a quick ratio of 0.61, a current ratio of 0.78 and a debt-to-equity ratio of 1.38.

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

Dominion Energy Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Saturday, June 20th. Stockholders of record on Friday, May 29th will be issued a $0.6675 dividend. The ex-dividend date is Friday, May 29th. This represents a $2.67 dividend on an annualized basis and a dividend yield of 4.1%. 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.