PensionDanmark Pensionsforsikringsaktieselskab lifted its stake in shares of Dominion Energy Inc. (NYSE:D – Free Report) by 298.6% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 479,440 shares of the utilities provider’s stock after acquiring an additional 359,170 shares during the quarter. PensionDanmark Pensionsforsikringsaktieselskab owned approximately 0.05% of Dominion Energy worth $32,741,000 at the end of the most recent reporting period.
A number of other large investors have also recently modified their holdings of D. North Dakota State Investment Board purchased a new position in Dominion Energy during the fourth quarter valued at approximately $1,715,000. Vanguard Group Inc. raised its stake in Dominion Energy by 0.9% in the fourth quarter. Vanguard Group Inc. now owns 107,099,758 shares of the utilities provider’s stock worth $6,274,975,000 after buying an additional 940,838 shares in the last quarter. Robbins Farley purchased a new stake in Dominion Energy during the fourth quarter worth $3,601,000. Fideuram Intesa Sanpaolo Private Banking S.P.A. bought a new stake in Dominion Energy during the 4th quarter valued at $2,739,000. Finally, Mitsubishi UFJ Asset Management Co. Ltd. boosted its position 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 valued at $107,750,000 after acquiring 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: Virginia Gov. Abigail Spanberger’s intervention could give the state greater influence over the merger’s terms, including protections for customers, jobs and the financial interests of Virginia. The deal remains subject to review by the State Corporation Commission. Gov. Spanberger to intervene in NextEra Energy and Dominion merger
- Neutral Sentiment: A regulatory timeline has been established for the landmark Dominion-NextEra transaction, providing investors with more visibility into the approval process, although final terms and timing remain uncertain. Timeline set for landmark Dominion-NextEra Energy merger
- Neutral Sentiment: Options-market activity is drawing attention to the possibility of a larger move in D shares, but options positioning is speculative and does not establish a fundamental catalyst. Is the Options Market Predicting a Spike in Dominion Energy Stock?
- Neutral Sentiment: A commission order requires Dominion to develop a plan for allocating data-center-related costs. The initiative may support the company’s ability to serve rapidly growing electricity demand, but it also raises the prospect of additional scrutiny over who pays for infrastructure investments. Commission orders Dominion to develop data center cost plan
- Negative Sentiment: Dominion reportedly faces as much as $800 million in tariffs on Siemens Gamesa wind turbines and related components. If not recovered through rates or otherwise mitigated, the added costs could pressure project economics, cash flow and returns. Dominion faces $800m Trump tariff bill
- Negative Sentiment: Spanberger’s unprecedented decision to formally intervene creates another hurdle for the merger and increases the risk of delays, tougher conditions or changes to the transaction’s expected benefits. Spanberger takes unprecedented step to intervene in $67B Dominion-NextEra merger
Analysts Set New Price Targets
Read Our Latest Research Report on D
Dominion Energy Stock Down 2.2%
NYSE:D opened at $66.73 on Friday. The company has a debt-to-equity ratio of 1.43, a current ratio of 0.81 and a quick ratio of 0.61. The company’s fifty day moving average price is $68.87 and its 200-day moving average price is $65.07. Dominion Energy Inc. has a 1-year low of $55.85 and a 1-year high of $72.99. The firm has a market capitalization of $58.69 billion, a P/E ratio of 23.25 and a beta of 0.65.
Dominion Energy (NYSE:D – Get Free Report) last announced its quarterly earnings results on Friday, July 31st. The utilities provider reported $0.79 earnings per share for the quarter, topping the consensus estimate of $0.68 by $0.11. Dominion Energy had a return on equity of 9.62% and a net margin of 13.98%.The company had revenue of $4.48 billion for the quarter, compared to the consensus estimate of $4.04 billion. During the same period last year, the firm earned $0.75 EPS. The firm’s revenue for the quarter was up 17.6% compared to the same quarter last year. Dominion Energy has set its FY 2026 guidance at 3.450-3.690 EPS. As a group, equities research analysts anticipate that Dominion Energy Inc. will post 3.57 EPS for the current year.
Dominion Energy Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Sunday, September 20th. Shareholders of record on Friday, September 4th will be given a $0.6675 dividend. The ex-dividend date is Friday, September 4th. This represents a $2.67 dividend on an annualized basis and a dividend yield of 4.0%. Dominion Energy’s dividend payout ratio is 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.
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