Opal Capital LLC boosted its holdings in shares of Dominion Energy Inc. (NYSE:D – Free Report) by 5.3% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 140,937 shares of the utilities provider’s stock after acquiring an additional 7,087 shares during the quarter. Dominion Energy comprises 1.5% of Opal Capital LLC’s holdings, making the stock its 17th largest holding. Opal Capital LLC’s holdings in Dominion Energy were worth $8,713,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds also recently added to or reduced their stakes in D. North Dakota State Investment Board acquired a new position in Dominion Energy in the 4th quarter valued at about $1,715,000. Vanguard Group Inc. boosted its stake in shares of Dominion Energy by 0.9% in the fourth quarter. Vanguard Group Inc. now owns 107,099,758 shares of the utilities provider’s stock valued at $6,274,975,000 after purchasing an additional 940,838 shares during the period. Robbins Farley purchased a new position in shares of Dominion Energy in the fourth quarter valued at approximately $3,601,000. Fideuram Intesa Sanpaolo Private Banking S.P.A. acquired a new position in shares of Dominion Energy in the fourth quarter valued at approximately $2,739,000. Finally, Mitsubishi UFJ Asset Management Co. Ltd. lifted its holdings in Dominion Energy by 6.4% during the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 1,818,876 shares of the utilities provider’s stock worth $107,750,000 after buying an additional 109,146 shares in the last quarter. Hedge funds and other institutional investors own 73.04% of the company’s stock.
Dominion Energy News Summary
Here are the key news stories impacting Dominion Energy this week:
- Positive Sentiment: Dominion Energy’s board declared a quarterly dividend of $0.6675 per share, payable Sept. 20 to shareholders of record Sept. 4. The uninterrupted payment—now the 394th consecutive dividend—reinforces the utility’s income appeal and may support investor sentiment. Dominion Energy Declares Quarterly Dividend of 66.75 Cents
- Positive Sentiment: The proposed merger with NextEra Energy continues to advance. NextEra executives said they remain on track to close the transaction by late 2027, while Virginia regulators have scheduled an initial public hearing for November. Progress could keep the potential strategic and financial benefits of the deal in focus. NextEra on track to close Dominion merger by late 2027
- Neutral Sentiment: Dominion is scheduled to report second-quarter results, with analysts expecting revenue support from approved rates and stronger electricity demand. However, higher costs could offset some of the benefit, making the upcoming earnings release an important near-term catalyst. Dominion Energy to Report Q2 Earnings
- Negative Sentiment: Analyst sentiment remains cautious: brokerages have a consensus recommendation of “Hold,” and KeyCorp reportedly has a pessimistic view of Dominion’s second-quarter earnings. These views may limit upside ahead of the results. Dominion Energy Given Consensus Recommendation of Hold
Dominion Energy Trading Up 0.6%
Dominion Energy (NYSE:D – Get Free Report) last issued its earnings results on Friday, May 1st. The utilities provider reported $0.95 earnings per share for the quarter, topping the consensus estimate of $0.90 by $0.05. The business had revenue of $5.02 billion for the quarter, compared to analyst estimates of $4.43 billion. Dominion Energy had a return on equity of 9.63% and a net margin of 16.93%.The business’s quarterly revenue was up 23.1% on a year-over-year basis. During the same quarter last year, the company earned $0.93 EPS. Dominion Energy has set its FY 2026 guidance at 3.450-3.690 EPS. As a group, 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. Shareholders of record on Friday, September 4th will be paid a $0.6675 dividend. This represents a $2.67 annualized dividend and a yield of 3.8%. The ex-dividend date is Friday, September 4th. Dominion Energy’s dividend payout ratio is currently 78.99%.
Analyst Upgrades and Downgrades
Several analysts have recently issued reports on the company. Bank of America increased their price objective on Dominion Energy from $63.00 to $65.00 and gave the company a “neutral” rating in a research note on Wednesday, April 15th. Jefferies Financial Group upgraded Dominion Energy from a “hold” rating to a “buy” rating and upped their price target for the stock from $65.00 to $76.00 in a report on Thursday, May 28th. Morgan Stanley reduced their price target on Dominion Energy from $69.00 to $68.00 and set an “equal weight” rating on the stock in a research report on Tuesday, April 21st. Wall Street Zen cut Dominion Energy from a “hold” rating to a “sell” rating in a research note on Saturday, May 16th. 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 research report on Tuesday, May 19th. 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’s stock. According to MarketBeat.com, Dominion Energy has an average rating of “Hold” and a consensus target price of $68.00.
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.
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