Dominion Energy Inc. $D Shares Sold by Sumitomo Mitsui Trust Group Inc.

Sumitomo Mitsui Trust Group Inc. lowered its stake in shares of Dominion Energy Inc. (NYSE:D) by 5.6% in the first quarter, according to its most recent 13F filing with the SEC. The fund owned 1,899,808 shares of the utilities provider’s stock after selling 112,238 shares during the period. Sumitomo Mitsui Trust Group Inc.’s holdings in Dominion Energy were worth $117,446,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of D. Motiv8 Investments LLC acquired a new stake in Dominion Energy during the fourth quarter worth about $25,000. Triumph Capital Management acquired a new position in Dominion Energy in the third quarter valued at approximately $28,000. Blueline Advisors LLC purchased a new stake in Dominion Energy in the 4th quarter worth approximately $28,000. Costello Asset Management INC grew its stake in shares of Dominion Energy by 66.7% during the 4th 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. Finally, Advocate Investing Services LLC acquired a new stake in shares of Dominion Energy during the 4th quarter worth approximately $29,000. Institutional investors and hedge funds own 73.04% of the company’s stock.

Dominion Energy Price Performance

Shares of D stock traded up $0.71 during trading hours on Friday, hitting $70.16. 3,956,884 shares of the company’s stock were exchanged, compared to its average volume of 6,200,018. The company has a quick ratio of 0.61, a current ratio of 0.78 and a debt-to-equity ratio of 1.38. The firm has a market cap of $61.70 billion, a P/E ratio of 20.76 and a beta of 0.65. The firm has a 50 day moving average of $66.90 and a two-hundred day moving average of $63.52. Dominion Energy Inc. has a fifty-two week low of $55.85 and a fifty-two week high of $70.59.

Dominion Energy (NYSE:D) last released 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. Dominion Energy had a net margin of 16.93% and a return on equity of 9.63%. The firm had revenue of $5.02 billion for the quarter, compared to analysts’ expectations of $4.43 billion. During the same quarter last year, the company earned $0.93 EPS. The firm’s revenue for the quarter was up 23.1% compared to the same quarter last year. Dominion Energy has set its FY 2026 guidance at 3.450-3.690 EPS. Sell-side analysts forecast that Dominion Energy Inc. will post 3.59 EPS for the current year.

Dominion Energy Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Saturday, June 20th. Shareholders of record on Friday, May 29th were issued a dividend of $0.6675 per share. This represents a $2.67 annualized dividend and a yield of 3.8%. The ex-dividend date of this dividend was Friday, May 29th. Dominion Energy’s dividend payout ratio (DPR) is presently 78.99%.

Key Dominion Energy News

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

• Positive Sentiment: Dominion’s upcoming second-quarter 2026 earnings call on July 31 keeps the company in focus and gives investors a near-term event to watch for updated guidance and commentary on the business. Dominion Energy Schedules Second-Quarter 2026 Earnings Call
• Neutral Sentiment: Reports about Virginia’s return to the Regional Greenhouse Gas Initiative (RGGI) are contributing to headlines around Dominion, but experts say rising customer bills are not directly tied to the utility’s operations. Dominion Energy bills rise as Virginia rejoins RGGI. Here’s why experts say the two aren’t directly connected
• Neutral Sentiment: More broadly, the utility sector is benefiting from surging power demand tied to AI data centers and grid equipment shortages, which could support long-term investment in Dominion’s service territory. US power companies scramble to secure equipment as surging data center demand strains supplies
• Negative Sentiment: Virginia Lt. Gov. Hashmi is publicly urging a deeper review of the Dominion-NextEra merger, signaling potential political and regulatory hurdles that could delay or complicate the deal. Virginia’s Lt. Gov. Hashmi skeptical of Dominion merge with Nextera, citing concerns

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on the stock. Wells Fargo & Company boosted their target price on shares of Dominion Energy from $66.00 to $68.00 and gave the company an “overweight” rating in a research note on Friday, May 15th. Morgan Stanley dropped their price target on shares of 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. Bank of America lifted their price objective 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. Seaport Research Partners downgraded shares of Dominion Energy from a “buy” rating to a “hold” rating in a research report on Wednesday, May 20th. Finally, Royal Bank Of Canada raised their target price on Dominion Energy from $66.00 to $72.00 and gave the company a “sector perform” rating in a research report on Tuesday, May 19th. Four equities research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock has an average rating of “Hold” and an average price target of $67.62.

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.