Korea Investment CORP Buys New Shares in Dominion Energy Inc. $D

Korea Investment CORP bought a new position in Dominion Energy Inc. (NYSE:D) in the second quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 597,296 shares of the utilities provider’s stock, valued at approximately $40,789,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Brighton Jones LLC increased 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 purchasing an additional 3,553 shares during the period. Empowered Funds LLC raised its stake 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 worth $985,000 after purchasing an additional 1,344 shares during the last quarter. Woodline Partners LP lifted its holdings in shares of Dominion Energy by 40.7% during the first quarter. Woodline Partners LP now owns 70,968 shares of the utilities provider’s stock worth $3,979,000 after purchasing an additional 20,522 shares during the period. Intech Investment Management LLC lifted its holdings in shares of Dominion Energy by 71.2% during the first quarter. Intech Investment Management LLC now owns 30,460 shares of the utilities provider’s stock worth $1,708,000 after purchasing an additional 12,663 shares during the period. Finally, Schnieders Capital Management LLC. boosted its position in 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 buying an additional 10,775 shares during the last quarter. Institutional investors and hedge funds own 73.04% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on D shares. TD Cowen upgraded shares of Dominion Energy from a “hold” rating to a “buy” rating and increased their price target for the stock from $69.00 to $80.00 in a report on Wednesday. Jefferies Financial Group upgraded shares of Dominion Energy from a “hold” rating to a “buy” rating and lifted their price objective for the company from $65.00 to $76.00 in a research note on Thursday, May 28th. Mizuho upped their price objective on shares of Dominion Energy from $66.00 to $72.00 and gave the company a “neutral” rating in a report on Tuesday, May 26th. Truist Financial cut their price objective on shares of Dominion Energy from $68.00 to $66.00 and set a “hold” rating on the stock in a research note on Thursday, August 13th. Finally, Royal Bank Of Canada raised their target price on shares of Dominion Energy from $66.00 to $72.00 and gave the stock a “sector perform” rating in a report on Tuesday, May 19th. Five equities research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $69.93.

Trending Headlines about Dominion Energy

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

• Positive Sentiment: TD Cowen upgraded Dominion Energy, citing what it views as favorable odds for the NextEra transaction and additional upside potential. TD Cowen Just Upgraded Dominion Energy. Here’s Why.
• Positive Sentiment: Dominion said it expects to receive a refund related to tariffs imposed during the Trump administration. The reimbursement could provide a modest cash-flow benefit. Dominion says they’re getting a Trump Tariff refund
• Neutral Sentiment: Morgan Stanley lowered its Dominion price target from $71 to $68 and assigned an “equal weight” rating. The revised target still implies limited upside, but the reduction signals more cautious expectations. Morgan Stanley lowers Dominion Energy price target
• Neutral Sentiment: Analysts collectively maintain a “Hold” consensus rating, suggesting Wall Street sees a relatively balanced risk-reward profile. Dominion Energy receives consensus Hold rating
• Negative Sentiment: The proposed NextEra merger continues to face political and regulatory scrutiny. Virginia, Maine and Massachusetts officials have raised concerns about competition and potential increases in energy costs, while South Carolina regulators are examining the transaction timeline. These objections could delay approval, increase required concessions or reduce the deal’s expected benefits. Maine governor raises concerns about NextEra-Dominion merger
• Negative Sentiment: Local homeowners are opposing a Dominion power-line project, citing potentially significant costs and property impacts. The dispute adds reputational and permitting risk, although its direct financial effect remains unclear. Ashburn homeowners oppose Dominion power line

Dominion Energy Trading Down 1.2%

Shares of Dominion Energy stock opened at $66.64 on Friday. The firm has a 50-day simple moving average of $69.22 and a two-hundred day simple moving average of $65.61. The company has a market cap of $58.61 billion, a P/E ratio of 23.22 and a beta of 0.65. Dominion Energy Inc. has a fifty-two week low of $55.85 and a fifty-two week high of $72.99. The company has a debt-to-equity ratio of 1.43, a quick ratio of 0.64 and a current ratio of 0.81.

Dominion Energy (NYSE:D) last posted its earnings results on Friday, July 31st. The utilities provider reported $0.79 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.68 by $0.11. Dominion Energy had a net margin of 13.98% and a return on equity of 9.62%. The business had revenue of $4.48 billion for the quarter, compared to analyst estimates of $4.04 billion. During the same period in the prior year, the company posted $0.75 EPS. The company’s revenue for the quarter was up 17.6% on a year-over-year basis. Dominion Energy has set its FY 2026 guidance at 3.450-3.690 EPS. As a group, equities analysts predict that Dominion Energy Inc. will post 3.57 earnings per share for the current fiscal 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 given 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 4.0%. Dominion Energy’s dividend payout ratio is currently 93.03%.

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.