Stock Traders Buy High Volume of Dominion Energy Call Options (NYSE:D)

Dominion Energy Inc. (NYSE:DGet Free Report) was the recipient of unusually large options trading activity on Monday. Stock traders acquired 9,968 call options on the stock. This is an increase of approximately 147% compared to the average volume of 4,032 call options.

Dominion Energy Stock Performance

NYSE D opened at $67.50 on Tuesday. The company has a 50-day simple moving average of $62.42 and a two-hundred day simple moving average of $61.41. 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 has a 12-month low of $53.36 and a 12-month high of $68.97. The firm has a market cap of $59.36 billion, a price-to-earnings ratio of 19.97, a PEG ratio of 3.25 and a beta of 0.65.

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

Dominion Energy Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Saturday, June 20th. Shareholders of record on Friday, May 29th will be given a dividend of $0.6675 per share. This represents a $2.67 annualized dividend and a yield of 4.0%. The ex-dividend date is Friday, May 29th. Dominion Energy’s dividend payout ratio is presently 78.99%.

Key Headlines Impacting Dominion Energy

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

  • Positive Sentiment: NextEra’s acquisition gives Dominion shareholders stock in a larger utility platform positioned to benefit from rising electricity demand driven by AI and data centers. Reuters article on NextEra buying Dominion
  • Positive Sentiment: The deal includes proposed $2.25 billion in bill credits for Dominion customers in Virginia, North Carolina, and South Carolina, which could help ease regulatory approval and support the merger thesis. PR Newswire merger announcement
  • Positive Sentiment: Unusually heavy call-option buying in Dominion suggests traders were positioning for a big upside move following the merger announcement. MarketBeat options activity report
  • Neutral Sentiment: The transaction still faces extensive regulatory scrutiny from federal and state agencies, so the closing timeline and approval risk remain key investor watchpoints. WSJ article on regulators
  • Neutral Sentiment: A shareholder-law firm has launched an investigation into whether Dominion received a fair price, adding potential legal overhang but not changing the deal terms yet. PR Newswire shareholder alert

Institutional Trading of Dominion Energy

Institutional investors have recently modified their holdings of the company. Motiv8 Investments LLC purchased a new stake in shares of Dominion Energy during the fourth quarter worth about $25,000. Triumph Capital Management purchased a new stake in shares of Dominion Energy during the third quarter worth about $28,000. Blueline Advisors LLC purchased a new stake in shares of Dominion Energy during the fourth quarter worth about $28,000. United Community Bank purchased a new stake in shares of Dominion Energy during the third quarter worth about $29,000. Finally, Costello Asset Management INC boosted its holdings in shares of Dominion Energy by 66.7% during the fourth quarter. Costello Asset Management INC now owns 500 shares of the utilities provider’s stock worth $29,000 after purchasing an additional 200 shares during the period. 73.04% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on D shares. Truist Financial started coverage on shares of Dominion Energy in a report on Tuesday, April 21st. They issued a “hold” rating and a $67.00 price target on the stock. Mizuho upped their price target on shares of Dominion Energy from $62.00 to $66.00 and gave the stock a “neutral” rating in a report on Tuesday, February 24th. Wells Fargo & Company upped their price target on shares of Dominion Energy from $66.00 to $68.00 and gave the stock an “overweight” rating in a report on Friday. Scotiabank upped their price target on shares of Dominion Energy from $63.00 to $67.00 and gave the stock a “sector perform” rating in a report on Monday, March 2nd. Finally, Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Dominion Energy in a report on Friday, May 8th. Three equities research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, Dominion Energy currently has a consensus rating of “Hold” and an average price target of $66.31.

Read Our Latest Stock Report on Dominion Energy

Dominion Energy Company Profile

(Get Free Report)

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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