Quantinno Capital Management LP grew its holdings in Dominion Energy Inc. (NYSE:D – Free Report) by 15.0% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 365,415 shares of the utilities provider’s stock after buying an additional 47,749 shares during the quarter. Quantinno Capital Management LP’s holdings in Dominion Energy were worth $22,590,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also recently made changes to their positions in the company. North Dakota State Investment Board purchased a new stake in shares of Dominion Energy during the fourth quarter worth about $1,715,000. Vanguard Group Inc. lifted its stake 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 buying an additional 940,838 shares in the last quarter. Robbins Farley purchased a new position in Dominion Energy in the 4th quarter valued at about $3,601,000. Fideuram Intesa Sanpaolo Private Banking S.P.A. acquired a new stake in Dominion Energy in the 4th quarter worth about $2,739,000. Finally, Mitsubishi UFJ Asset Management Co. Ltd. increased its stake in Dominion Energy by 6.4% during the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 1,818,876 shares of the utilities provider’s stock worth $107,750,000 after buying an additional 109,146 shares in the last quarter. Hedge funds and other institutional investors own 73.04% of the company’s stock.
More Dominion Energy News
Here are the key news stories impacting Dominion Energy this week:
- Positive Sentiment: Dominion reported second-quarter operating earnings of $0.79 per share, above the $0.68 analyst consensus, while revenue rose 17.6% year over year to $4.48 billion, exceeding expectations of $4.04 billion. Dominion Energy Q2 Earnings and Revenues Beat Estimates
- Positive Sentiment: Virginia utility performance and growing electricity demand from data centers supported the quarter. Dominion said demand from server facilities in its service territory has surpassed 50 gigawatts, strengthening the long-term case for power-load growth. Top US Data Center-Serving Utility Dominion Tops Profit Estimates
- Positive Sentiment: The company plans to build a natural-gas power plant at Mount Storm, potentially adding generation capacity to serve rising electricity demand. Dominion to Build Natural Gas Power Plant at Mount Storm
- Neutral Sentiment: Dominion reaffirmed fiscal 2026 operating EPS guidance of $3.45 to $3.69, with the midpoint of $3.57 slightly below the $3.59 consensus estimate. Dominion Energy Announces Second-Quarter 2026 Results
- Negative Sentiment: GAAP net income fell to $340 million, or $0.37 per share, from $760 million, or $0.88 per share, a year earlier. Rising operating expenses and weaker performance in some segments reduced the quality of the headline earnings beat.
- Negative Sentiment: A reported analyst downgrade recommended taking profits ahead of a potential NextEra Energy merger, while Virginia lawmakers’ consideration of a special session adds uncertainty around the transaction. Dominion Energy: Take Profits Ahead of the Potential NextEra Merger
- Negative Sentiment: Residents are protesting a Dominion power-line project and demanding that the line be buried, creating potential permitting, cost and execution risks. Concerns about aging grid infrastructure and customer complaints over high summer bills add to the company’s reputational and regulatory pressure.
Dominion Energy Trading Down 0.6%
Dominion Energy (NYSE:D – Get Free Report) last posted its quarterly earnings results on Friday, July 31st. The utilities provider reported $0.79 EPS for the quarter, beating the consensus estimate of $0.68 by $0.11. Dominion Energy had a return on equity of 9.63% and a net margin of 16.93%.The firm had revenue of $4.48 billion during the quarter, compared to analysts’ expectations of $4.04 billion. During the same quarter last year, the firm earned $0.75 earnings per share. The business’s revenue for the quarter was up 17.6% on a year-over-year basis. Dominion Energy has set its FY 2026 guidance at 3.450-3.690 EPS. Analysts predict that Dominion Energy Inc. will post 3.57 EPS for the current fiscal year.
Dominion Energy Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Sunday, September 20th. Shareholders of record on Friday, September 4th will be paid a $0.6675 dividend. The ex-dividend date of this dividend is Friday, September 4th. This represents a $2.67 dividend on an annualized basis and a dividend yield of 3.9%. Dominion Energy’s dividend payout ratio (DPR) is 78.99%.
Wall Street Analyst Weigh In
A number of equities analysts have commented on D shares. Bank of America increased their target price on Dominion Energy from $63.00 to $65.00 and gave the company a “neutral” rating in a report on Wednesday, April 15th. Jefferies Financial Group raised Dominion Energy from a “hold” rating to a “buy” rating and lifted their price target for the stock from $65.00 to $76.00 in a research note on Thursday, May 28th. Mizuho boosted their price target on Dominion Energy from $66.00 to $72.00 and gave the stock a “neutral” rating in a research report on Tuesday, May 26th. Wells Fargo & Company raised their price objective on Dominion Energy from $66.00 to $68.00 and gave the company an “overweight” rating in a report on Friday, May 15th. Finally, Royal Bank Of Canada lifted their target price on shares of Dominion Energy from $66.00 to $72.00 and gave the stock a “sector perform” rating in a research note on Tuesday, May 19th. 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’s stock. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $68.00.
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.
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