Resona Asset Management Co. Ltd. Sells 17,952 Shares of Dominion Energy Inc. $D

Resona Asset Management Co. Ltd. decreased its position in shares of Dominion Energy Inc. (NYSE:D) by 5.7% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 297,108 shares of the utilities provider’s stock after selling 17,952 shares during the period. Resona Asset Management Co. Ltd.’s holdings in Dominion Energy were worth $18,163,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also made changes to their positions in the company. Brighton Jones LLC increased its position in Dominion Energy by 64.3% during the 4th quarter. Brighton Jones LLC now owns 9,081 shares of the utilities provider’s stock valued at $489,000 after buying an additional 3,553 shares in 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 worth $985,000 after acquiring an additional 1,344 shares during the last quarter. Woodline Partners LP increased its holdings 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 acquiring an additional 20,522 shares in the last quarter. Intech Investment Management LLC raised its position in shares of Dominion Energy by 71.2% in the 1st quarter. Intech Investment Management LLC now owns 30,460 shares of the utilities provider’s stock valued at $1,708,000 after purchasing an additional 12,663 shares during the last quarter. Finally, Assenagon Asset Management S.A. boosted its stake in Dominion Energy by 1.2% in the 2nd quarter. Assenagon Asset Management S.A. now owns 25,519 shares of the utilities provider’s stock worth $1,442,000 after purchasing an additional 296 shares in the last quarter. 73.04% of the stock is owned by institutional investors and hedge funds.

Dominion Energy Trading Down 0.6%

NYSE D opened at $59.56 on Friday. Dominion Energy Inc. has a 1 year low of $48.07 and a 1 year high of $62.87. The company has a debt-to-equity ratio of 1.41, a current ratio of 0.84 and a quick ratio of 0.65. The company has a market capitalization of $50.87 billion, a PE ratio of 20.26, a P/E/G ratio of 1.61 and a beta of 0.72. The company has a fifty day moving average of $59.70 and a 200 day moving average of $59.91.

Dominion Energy (NYSE:D) last announced its quarterly earnings results on Friday, October 31st. The utilities provider reported $1.06 earnings per share for the quarter, topping the consensus estimate of $1.02 by $0.04. The company had revenue of $4.53 billion for the quarter, compared to the consensus estimate of $4.71 billion. Dominion Energy had a return on equity of 9.60% and a net margin of 16.17%.The firm’s revenue for the quarter was up 14.9% compared to the same quarter last year. During the same period last year, the firm earned $0.98 EPS. Dominion Energy has set its FY 2025 guidance at 3.330-3.480 EPS. Research analysts forecast that Dominion Energy Inc. will post 3.39 earnings per share for the current year.

Dominion Energy Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Saturday, December 20th. Investors of record on Friday, December 5th were given a dividend of $0.6675 per share. This represents a $2.67 annualized dividend and a yield of 4.5%. The ex-dividend date was Friday, December 5th. Dominion Energy’s dividend payout ratio (DPR) is currently 90.82%.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on the stock. JPMorgan Chase & Co. cut their price target on shares of Dominion Energy from $62.00 to $59.00 and set an “underweight” rating on the stock in a research note on Thursday, December 11th. Weiss Ratings reissued a “hold (c+)” rating on shares of Dominion Energy in a research report on Monday, December 29th. Wells Fargo & Company reduced their target price on Dominion Energy from $67.00 to $64.00 and set an “overweight” rating for the company in a research note on Tuesday, January 20th. Royal Bank Of Canada reiterated a “sector perform” rating and set a $70.00 price target on shares of Dominion Energy in a research note on Tuesday, October 28th. Finally, BMO Capital Markets reduced their price objective on Dominion Energy from $67.00 to $65.00 and set a “market perform” rating for the company in a research note on Monday, November 3rd. Two equities research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, Dominion Energy currently has a consensus rating of “Hold” and an average target price of $64.33.

Key Dominion Energy News

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

• Positive Sentiment: Board declared a quarterly dividend of $0.6675 per share (payable Mar. 20, record Feb. 27). Reinforces income profile and dividend continuity for income investors. Article Title
• Positive Sentiment: Regulatory/operational win: Dominion secured approval to restart work on its Coastal Virginia offshore wind project — a long‑term growth asset if execution continues. This supports future revenue diversification beyond regulated utility earnings. Article Title
• Neutral Sentiment: Company is actively mobilizing crews and resources ahead of a major winter/ice storm across Virginia and Hampton Roads — communications emphasize preparation and possible multi-day outages. Operational readiness should limit damage, but the weather event raises short-term service risk and potential restoration costs. Article Title
• Neutral Sentiment: Local development: a former Dominion tower in Richmond is being redeveloped in a $158M makeover — a real estate/capital redeployment note with limited direct impact on the utility’s core earnings. Article Title
• Negative Sentiment: Analyst moves: Barclays trimmed its price target (from $64 to $63) despite keeping an overweight rating, and other outlets report Wells Fargo has lowered expectations — analyst repricing is weighing on sentiment and removes some upside. Article Title
• Negative Sentiment: Near‑term political/community risk: Prince William County school board asked Dominion to reconsider siting a power line on school property — potential local opposition that could slow projects or raise permitting costs if similar disputes arise. Article Title
• Negative Sentiment: Market context: coverage pieces and trade writeups note the stock has slid recently amid broader market strength; that technical/flow weakness can amplify selling after the analyst moves and weather concerns. Article Title

About Dominion Energy

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.