LGT Fund Management Co Ltd. Makes New $8.37 Million Investment in Dominion Energy Inc. $D

LGT Fund Management Co Ltd. purchased a new stake in shares of Dominion Energy Inc. (NYSE:D) in the 1st quarter, HoldingsChannel reports. The fund purchased 135,435 shares of the utilities provider’s stock, valued at approximately $8,373,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Vanguard Group Inc. raised its stake in shares of Dominion Energy by 0.9% during the 4th quarter. Vanguard Group Inc. now owns 107,099,758 shares of the utilities provider’s stock worth $6,274,975,000 after acquiring an additional 940,838 shares in the last quarter. Capital Research Global Investors boosted its stake in Dominion Energy by 9.0% in the fourth quarter. Capital Research Global Investors now owns 59,790,734 shares of the utilities provider’s stock valued at $3,503,142,000 after acquiring an additional 4,940,692 shares in the last quarter. State Street Corp grew its holdings in Dominion Energy by 3.6% in the fourth quarter. State Street Corp now owns 48,620,273 shares of the utilities provider’s stock worth $2,848,662,000 after purchasing an additional 1,686,050 shares during the last quarter. Wellington Management Group LLP increased its position in shares of Dominion Energy by 46.2% during the fourth quarter. Wellington Management Group LLP now owns 44,943,727 shares of the utilities provider’s stock worth $2,633,253,000 after purchasing an additional 14,197,581 shares in the last quarter. Finally, Geode Capital Management LLC increased its position in shares of Dominion Energy by 1.6% during the fourth quarter. Geode Capital Management LLC now owns 20,442,935 shares of the utilities provider’s stock worth $1,196,056,000 after purchasing an additional 314,932 shares in the last quarter. Hedge funds and other institutional investors own 73.04% of the company’s stock.

Dominion Energy Stock Performance

NYSE D traded up $0.71 during mid-day trading on Friday, reaching $70.16. 3,956,884 shares of the stock were exchanged, compared to its average volume of 6,200,018. The company has a market capitalization of $61.70 billion, a P/E ratio of 20.76 and a beta of 0.65. The company has a debt-to-equity ratio of 1.38, a quick ratio of 0.61 and a current ratio of 0.78. The business’s 50 day moving average is $66.90 and its 200-day moving average is $63.52. Dominion Energy Inc. has a 1 year low of $55.85 and a 1 year high of $70.59.

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

Dominion Energy Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Saturday, June 20th. Investors of record on Friday, May 29th were issued a $0.6675 dividend. The ex-dividend date of this dividend was Friday, May 29th. This represents a $2.67 dividend on an annualized basis and a yield of 3.8%. 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: 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

Analysts Set New Price Targets

A number of research firms have recently weighed in on D. Bank of America raised their price objective on Dominion Energy from $63.00 to $65.00 and gave the stock a “neutral” rating in a research report on Wednesday, April 15th. Morgan Stanley dropped their price target on Dominion Energy from $69.00 to $68.00 and set an “equal weight” rating on the stock in a research note on Tuesday, April 21st. Mizuho upped their price objective on shares of Dominion Energy from $66.00 to $72.00 and gave the company a “neutral” rating in a report on Tuesday, May 26th. Truist Financial decreased their price objective on shares of Dominion Energy from $67.00 to $66.00 and set a “hold” rating for the company in a research report on Friday, May 29th. Finally, Jefferies Financial Group raised shares of Dominion Energy from a “hold” rating to a “buy” rating and boosted their target price for the stock from $65.00 to $76.00 in a research report on Thursday, May 28th. Four investment analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $67.62.

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.