Strs Ohio Cuts Stake in Dominion Energy Inc. $D

Strs Ohio reduced its holdings in shares of Dominion Energy Inc. (NYSE:D) by 5.4% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 840,125 shares of the utilities provider’s stock after selling 48,273 shares during the period. Strs Ohio’s holdings in Dominion Energy were worth $51,937,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. Brighton Jones LLC lifted its stake in Dominion Energy by 64.3% in the fourth quarter. Brighton Jones LLC now owns 9,081 shares of the utilities provider’s stock worth $489,000 after purchasing an additional 3,553 shares during the last quarter. Empowered Funds LLC grew its stake in shares of Dominion Energy by 8.3% during the first quarter. Empowered Funds LLC now owns 17,571 shares of the utilities provider’s stock valued at $985,000 after buying an additional 1,344 shares during the last quarter. Woodline Partners LP grew its stake in shares of Dominion Energy by 40.7% during the first quarter. Woodline Partners LP now owns 70,968 shares of the utilities provider’s stock valued at $3,979,000 after buying an additional 20,522 shares during the last quarter. Intech Investment Management LLC increased its holdings in shares of Dominion Energy by 71.2% in the first quarter. Intech Investment Management LLC now owns 30,460 shares of the utilities provider’s stock worth $1,708,000 after buying an additional 12,663 shares during the period. Finally, Schnieders Capital Management LLC. lifted its stake in shares of Dominion Energy by 9.5% in the 2nd quarter. Schnieders Capital Management LLC. now owns 124,573 shares of the utilities provider’s stock valued at $7,041,000 after acquiring an additional 10,775 shares during the last quarter. 73.04% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

D has been the subject of several analyst reports. Weiss Ratings upgraded Dominion Energy from a “buy (b-)” rating to a “buy (b)” rating in a report on Friday, May 22nd. Mizuho boosted their price objective on Dominion Energy from $66.00 to $72.00 and gave the company a “neutral” rating in a research report on Tuesday, May 26th. Royal Bank Of Canada increased their price objective on Dominion Energy from $66.00 to $72.00 and gave the company a “sector perform” rating in a research note on Tuesday, May 19th. Wall Street Zen cut shares of Dominion Energy from a “hold” rating to a “sell” rating in a report on Saturday, May 16th. Finally, Seaport Research Partners downgraded shares of Dominion Energy from a “buy” rating to a “hold” rating in a research note on Wednesday, May 20th. Four equities research analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Dominion Energy currently has a consensus rating of “Hold” and a consensus target price of $67.62.

Key Dominion Energy News

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

• Positive Sentiment: Morgan Stanley reportedly raised its price target on Dominion Energy, suggesting improved confidence in the company’s valuation and dividend appeal. Morgan Stanley Bumps Up Price Target on Dominion Energy (D). Here is Why
• Positive Sentiment: Market commentary highlighted Dominion as a potential infrastructure beneficiary tied to AI-driven power demand, which may support a higher long-term valuation. NextEra’s Dominion deal could put it at the center of the AI power race
• Positive Sentiment: Another article argued Dominion may be the real prize in NextEra’s planned $67 billion deal, reinforcing takeover optionality and strategic asset value. NextEra’s $67 Billion Megamerger Proves Dominion Was the Real AI Infrastructure Prize All Along
• Neutral Sentiment: Dominion hosted open houses on a transmission line project, which signals ongoing infrastructure investment but is unlikely to move the stock on its own. As Power Line Loop Moves Forward, Dominion Hosts Open Houses
• Neutral Sentiment: Coverage that Dominion is ready for extreme heat, and tips to help customers lower bills during the heat wave, is operationally supportive but not a major earnings catalyst. Dominion Energy says it’s ready for the extreme heat
• Negative Sentiment: Sen. King called on FERC to block NextEra’s purchase of Dominion, adding regulatory risk and uncertainty around the proposed deal. Sen. King Calls for FERC to Deny NextEra Purchase of Dominion Energy
• Negative Sentiment: Recent market-watch coverage said Dominion underperformed peers, and another note described the stock as trading at a discount after a strong multi-year run, suggesting valuation is being scrutinized more closely. Dominion Energy Inc. stock underperforms Tuesday when compared to competitors

Dominion Energy Stock Performance

Dominion Energy stock opened at $69.59 on Friday. The company has a current ratio of 0.78, a quick ratio of 0.61 and a debt-to-equity ratio of 1.38. The firm has a market cap of $61.20 billion, a P/E ratio of 20.59 and a beta of 0.65. Dominion Energy Inc. has a 1-year low of $55.36 and a 1-year high of $70.17. The firm has a 50-day moving average of $66.01 and a 200-day moving average of $63.12.

Dominion Energy (NYSE:D) last announced its quarterly earnings results on Friday, May 1st. The utilities provider reported $0.95 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.90 by $0.05. The company had revenue of $5.02 billion for the quarter, compared to the consensus estimate of $4.43 billion. Dominion Energy had a return on equity of 9.63% and a net margin of 16.93%.Dominion Energy’s revenue was up 23.1% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.93 EPS. Dominion Energy has set its FY 2026 guidance at 3.450-3.690 EPS. Sell-side analysts expect that Dominion Energy Inc. will post 3.59 EPS for the current year.

Dominion Energy Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Saturday, June 20th. Investors of record on Friday, May 29th were issued 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 dividend payout ratio is currently 78.99%.

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.