Swiss National Bank raised its stake in Dominion Energy Inc. (NYSE:D – Free Report) by 7.2% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,506,020 shares of the utilities provider’s stock after acquiring an additional 168,500 shares during the period. Swiss National Bank’s holdings in Dominion Energy were worth $154,922,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other hedge funds also recently made changes to their positions in the company. CWA Asset Management Group LLC boosted its holdings in shares of Dominion Energy by 192.1% in the fourth quarter. CWA Asset Management Group LLC now owns 37,068 shares of the utilities provider’s stock valued at $2,172,000 after acquiring an additional 24,376 shares during the period. North Dakota State Investment Board acquired a new position in shares of Dominion Energy in the 4th quarter valued at $1,715,000. Exchange Traded Concepts LLC raised its position in Dominion Energy by 16.2% in the 4th quarter. Exchange Traded Concepts LLC now owns 302,366 shares of the utilities provider’s stock valued at $17,716,000 after purchasing an additional 42,094 shares during the last quarter. Vanguard Group Inc. raised its position in Dominion Energy by 0.9% in the 4th 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 last quarter. Finally, Robbins Farley acquired a new stake in Dominion Energy during the 4th quarter worth $3,601,000. Hedge funds and other institutional investors own 73.04% of the company’s stock.
Dominion Energy Stock Performance
NYSE:D opened at $71.08 on Monday. The firm’s fifty day moving average price is $67.76 and its 200 day moving average price is $64.00. Dominion Energy Inc. has a 1-year low of $55.85 and a 1-year high of $72.99. The company has a debt-to-equity ratio of 1.38, a current ratio of 0.78 and a quick ratio of 0.61. The firm has a market cap of $62.52 billion, a price-to-earnings ratio of 21.03 and a beta of 0.65.
Dominion Energy Announces Dividend
The company also recently declared a quarterly dividend, which was paid on Saturday, June 20th. Stockholders of record on Friday, May 29th were paid a dividend of $0.6675 per share. This represents a $2.67 dividend on an annualized basis and a dividend yield of 3.8%. The ex-dividend date was Friday, May 29th. Dominion Energy’s payout ratio is 78.99%.
Wall Street Analysts Forecast Growth
Several research analysts have issued reports on the stock. Royal Bank Of Canada raised their price objective on shares of Dominion Energy from $66.00 to $72.00 and gave the stock a “sector perform” rating in a research report on Tuesday, May 19th. Bank of America upped their target price on shares of Dominion Energy from $63.00 to $65.00 and gave the company a “neutral” rating in a report on Wednesday, April 15th. Wells Fargo & Company increased their target price on shares of Dominion Energy from $66.00 to $68.00 and gave the stock an “overweight” rating in a research note on Friday, May 15th. Seaport Research Partners lowered Dominion Energy from a “buy” rating to a “hold” rating in a report on Wednesday, May 20th. Finally, Truist Financial dropped their price target on Dominion Energy from $67.00 to $66.00 and set a “hold” rating on the stock in a research report on Friday, May 29th. Four research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $67.62.
Check Out Our Latest Research Report on Dominion Energy
Key Headlines Impacting Dominion Energy
Here are the key news stories impacting Dominion Energy this week:
- Positive Sentiment: Dominion and NextEra Energy filed regulatory applications for their proposed mega-merger, advancing a deal that could create the world’s largest regulated electric utility. The companies also said customers in Virginia, North Carolina, and South Carolina would receive $2.25 billion in shareholder-funded bill credits, which may help ease regulatory concerns and support the stock. Article Title
- Positive Sentiment: Multiple reports said the merger process is now moving into formal state and federal review, signaling meaningful progress on a transaction that could reshape Dominion’s long-term growth profile and scale. Article Title
- Positive Sentiment: Dominion Energy is also piloting LōD’s grid-responsive AI inference technology in Ashland, Virginia, which fits the company’s push to manage rising power demand from data centers more efficiently. Article Title
- Neutral Sentiment: Traders bought an unusually large number of Dominion call options, suggesting speculation that shares could continue moving higher, but this reflects positioning rather than a confirmed fundamental catalyst.
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.
Featured Stories
- Five stocks we like better than Dominion Energy
- Strait of Hormuz Tensions Spike Tanker Trade: These 2 Stocks Are Set to Benefit
- Shopify’s Quiet AI Strategy Could Be Its Biggest Advantage Yet
- Why These 3 Nuclear ETFs Are Getting a Fresh Look as AI Power Demand Rises
- 3 Aerospace Suppliers That Could Benefit as Aircraft Makers Face Bottlenecks
Want to see what other hedge funds are holding D? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Dominion Energy Inc. (NYSE:D – Free Report).
Receive News & Ratings for Dominion Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Dominion Energy and related companies with MarketBeat.com's FREE daily email newsletter.
