Danske Bank A S Invests $2.12 Million in Dominion Energy Inc. $D

Danske Bank A S acquired a new stake in Dominion Energy Inc. (NYSE:DFree Report) in the 2nd quarter, according to the company in its most recent filing with the SEC. The fund acquired 31,100 shares of the utilities provider’s stock, valued at approximately $2,124,000.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Vanguard Group Inc. boosted its holdings in Dominion Energy by 0.9% during the fourth quarter. Vanguard Group Inc. now owns 107,099,758 shares of the utilities provider’s stock worth $6,274,975,000 after purchasing an additional 940,838 shares during the last quarter. BlackRock Inc. purchased a new position in shares of Dominion Energy in the 2nd quarter worth about $4,986,439,000. Capital Research Global Investors grew its position in Dominion Energy by 9.0% during 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 buying an additional 4,940,692 shares during the period. State Street Corp grew its position in Dominion Energy by 3.6% during the fourth quarter. State Street Corp now owns 48,620,273 shares of the utilities provider’s stock valued at $2,848,662,000 after buying an additional 1,686,050 shares during the period. Finally, Wellington Management Group LLP increased its holdings in 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 buying an additional 14,197,581 shares during the last quarter. Institutional investors own 73.04% of the company’s stock.

Key Stories Impacting Dominion Energy

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

  • Positive Sentiment: TD Cowen upgraded Dominion Energy, citing what it views as favorable odds for the NextEra transaction and additional upside potential. TD Cowen Just Upgraded Dominion Energy. Here’s Why.
  • Positive Sentiment: Dominion said it expects to receive a refund related to tariffs imposed during the Trump administration. The reimbursement could provide a modest cash-flow benefit. Dominion says they’re getting a Trump Tariff refund
  • Neutral Sentiment: Morgan Stanley lowered its Dominion price target from $71 to $68 and assigned an “equal weight” rating. The revised target still implies limited upside, but the reduction signals more cautious expectations. Morgan Stanley lowers Dominion Energy price target
  • Neutral Sentiment: Analysts collectively maintain a “Hold” consensus rating, suggesting Wall Street sees a relatively balanced risk-reward profile. Dominion Energy receives consensus Hold rating
  • Negative Sentiment: The proposed NextEra merger continues to face political and regulatory scrutiny. Virginia, Maine and Massachusetts officials have raised concerns about competition and potential increases in energy costs, while South Carolina regulators are examining the transaction timeline. These objections could delay approval, increase required concessions or reduce the deal’s expected benefits. Maine governor raises concerns about NextEra-Dominion merger
  • Negative Sentiment: Local homeowners are opposing a Dominion power-line project, citing potentially significant costs and property impacts. The dispute adds reputational and permitting risk, although its direct financial effect remains unclear. Ashburn homeowners oppose Dominion power line

Dominion Energy Trading Down 1.2%

Shares of NYSE:D opened at $66.64 on Friday. The business’s 50 day moving average price is $69.22 and its 200-day moving average price is $65.61. Dominion Energy Inc. has a 1 year low of $55.85 and a 1 year high of $72.99. The firm has a market capitalization of $58.61 billion, a price-to-earnings ratio of 23.22 and a beta of 0.65. The company has a debt-to-equity ratio of 1.43, a current ratio of 0.81 and a quick ratio of 0.64.

Dominion Energy (NYSE:DGet Free Report) last released its quarterly earnings data on Friday, July 31st. The utilities provider reported $0.79 EPS for the quarter, beating analysts’ consensus estimates of $0.68 by $0.11. The company had revenue of $4.48 billion during the quarter, compared to the consensus estimate of $4.04 billion. Dominion Energy had a net margin of 13.98% and a return on equity of 9.62%. Dominion Energy’s quarterly revenue was up 17.6% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.75 EPS. 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 3.57 earnings per share for the current fiscal year.

Dominion Energy Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Sunday, September 20th. Stockholders 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 annualized dividend and a dividend yield of 4.0%. Dominion Energy’s dividend payout ratio is 93.03%.

Wall Street Analysts Forecast Growth

D has been the subject of several analyst reports. Truist Financial cut their price objective on shares of Dominion Energy from $68.00 to $66.00 and set a “hold” rating for the company in a report on Thursday, August 13th. TD Cowen raised Dominion Energy from a “hold” rating to a “buy” rating and lifted their target price for the company from $69.00 to $80.00 in a research note on Wednesday. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Dominion Energy in a report on Wednesday. UBS Group set a $80.00 price target on Dominion Energy in a research note on Wednesday. Finally, Seaport Research Partners lowered shares of Dominion Energy from a “buy” rating to a “hold” rating in a report on Wednesday, May 20th. Five research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, Dominion Energy has a consensus rating of “Hold” and a consensus target price of $69.93.

Get Our Latest Research Report on D

About Dominion Energy

(Free Report)

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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Institutional Ownership by Quarter for Dominion Energy (NYSE:D)

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