Dominion Energy Inc. $D Shares Sold by RWC Asset Management LLP

RWC Asset Management LLP cut its holdings in shares of Dominion Energy Inc. (NYSE:D) by 5.1% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 419,724 shares of the utilities provider’s stock after selling 22,584 shares during the period. Dominion Energy accounts for about 1.1% of RWC Asset Management LLP’s holdings, making the stock its 24th biggest position. RWC Asset Management LLP’s holdings in Dominion Energy were worth $28,663,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of the business. Ausbil Investment Management Ltd purchased a new position in shares of Dominion Energy in the 2nd quarter valued at approximately $4,603,000. North Dakota State Investment Board acquired a new position in shares of Dominion Energy in the fourth quarter valued at approximately $1,715,000. Vanguard Group Inc. raised its stake in shares of Dominion Energy by 0.9% during the fourth quarter. Vanguard Group Inc. now owns 107,099,758 shares of the utilities provider’s stock worth $6,274,975,000 after purchasing an additional 940,838 shares during the last quarter. Fideuram Intesa Sanpaolo Private Banking S.P.A. purchased a new stake in shares of Dominion Energy during the fourth quarter worth approximately $2,739,000. Finally, Mitsubishi UFJ Asset Management Co. Ltd. lifted its holdings in shares of Dominion Energy by 6.4% during the fourth quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 1,818,876 shares of the utilities provider’s stock worth $107,750,000 after purchasing an additional 109,146 shares during the period. 73.04% of the stock is owned by institutional investors and hedge funds.

Dominion Energy Stock Up 0.7%

D opened at $68.55 on Friday. The company has a debt-to-equity ratio of 1.43, a current ratio of 0.81 and a quick ratio of 0.64. Dominion Energy Inc. has a 12 month low of $55.85 and a 12 month high of $72.99. The stock has a market capitalization of $60.29 billion, a P/E ratio of 23.88 and a beta of 0.65. The business has a 50 day simple moving average of $69.05 and a 200-day simple moving average of $65.33.

Dominion Energy (NYSE:D) last announced its quarterly earnings data on Friday, July 31st. The utilities provider reported $0.79 earnings per share for the quarter, topping analysts’ consensus estimates of $0.68 by $0.11. The firm had revenue of $4.48 billion for the quarter, compared to analyst estimates of $4.04 billion. Dominion Energy had a return on equity of 9.62% and a net margin of 13.98%.Dominion Energy’s quarterly revenue was up 17.6% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.75 earnings per share. Dominion Energy has set its FY 2026 guidance at 3.450-3.690 EPS. On average, equities analysts anticipate that Dominion Energy Inc. will post 3.57 earnings per share for the current fiscal year.

Dominion Energy Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Sunday, September 20th. Stockholders of record on Friday, September 4th will be issued a $0.6675 dividend. This represents a $2.67 dividend on an annualized basis and a dividend yield of 3.9%. The ex-dividend date is Friday, September 4th. Dominion Energy’s dividend payout ratio (DPR) is currently 93.03%.

Dominion Energy News Summary

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

• Positive Sentiment: Data-center demand supports long-term growth. Virginia’s expanding data-center sector is increasing electricity demand and could provide Dominion with additional load growth and investment opportunities. The Virginia State Corporation Commission also ordered certain transmission costs to be assigned directly to data centers, potentially limiting the burden on other customers and Dominion’s broader rate base. Why Is Dominion Energy in Focus as Data Center Demand Grows Today? Dominion ordered to directly assign some transmission costs to data centers
• Positive Sentiment: Lake Murray dam restoration is complete. Dominion completed tower upgrades and restoration work at the Saluda Hydroelectric Project, a favorable infrastructure milestone that may improve asset reliability and reduce execution uncertainty. Temporary boating restrictions remain around the dam as final safety measures are completed. Dominion Energy completes Lake Murray Dam restoration project
• Neutral Sentiment: Dominion rejected claims regarding Ashburn power lines. The company denied allegations that it ignored an alternative plan, keeping attention on its Virginia transmission development and stakeholder disputes without an immediate financial impact. Dominion denies Congressman’s claims about Ashburn power lines
• Negative Sentiment: Fuel-cost requests could increase customer bills. Dominion is seeking approval in North Carolina to recover higher fuel costs, potentially adding roughly $23 per month for some customers. Although recovery could protect cash flow, higher bills may create political and regulatory resistance. Dominion seeks increase for fuel costs
• Negative Sentiment: Truist cut its price target and maintained a Hold rating. The target was reduced from $68 to $66, signaling limited near-term upside and adding pressure to the shares. Truist lowers Dominion Energy price target
• Negative Sentiment: Merger oversight remains contentious. Questions about potential conflicts involving the Virginia SCC chair’s review of the NextEra-Dominion merger could prolong regulatory scrutiny and increase uncertainty around the transaction. Concerns over Virginia SCC chair and NextEra-Dominion merger

Wall Street Analyst Weigh In

A number of research firms recently weighed in on D. Wells Fargo & Company lifted their price objective 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. Weiss Ratings upgraded shares of Dominion Energy from a “buy (b-)” rating to a “buy (b)” rating in a research report on Friday, May 22nd. Morgan Stanley reduced their target price on shares of Dominion Energy from $69.00 to $68.00 and set an “equal weight” rating for the company in a research note on Tuesday, April 21st. Mizuho lifted their target price 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. Finally, Jefferies Financial Group upgraded shares of Dominion Energy from a “hold” rating to a “buy” rating and boosted their price target for the stock from $65.00 to $76.00 in a research note on Thursday, May 28th. Four investment analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, Dominion Energy currently has a consensus rating of “Hold” and a consensus target price of $68.00.

Dominion Energy 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.