North Dakota State Investment Board Buys New Holdings in Dominion Energy Inc. $D

North Dakota State Investment Board bought a new stake in shares of Dominion Energy Inc. (NYSE:D) in the 4th quarter, Holdings Channel.com reports. The firm bought 29,269 shares of the utilities provider’s stock, valued at approximately $1,715,000.

Other institutional investors also recently bought and sold shares of the company. Triumph Capital Management purchased a new stake in Dominion Energy during the 3rd quarter valued at about $28,000. United Community Bank purchased a new stake in Dominion Energy during the 3rd quarter valued at about $29,000. JPL Wealth Management LLC purchased a new stake in Dominion Energy during the 3rd quarter valued at about $30,000. Costello Asset Management INC boosted its holdings in Dominion Energy by 66.7% during the 4th quarter. Costello Asset Management INC now owns 500 shares of the utilities provider’s stock valued at $29,000 after acquiring an additional 200 shares during the period. Finally, Cornerstone Planning Group LLC boosted its holdings in Dominion Energy by 5,080.0% during the 4th quarter. Cornerstone Planning Group LLC now owns 518 shares of the utilities provider’s stock valued at $31,000 after acquiring an additional 508 shares during the period. 73.04% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on D. Morgan Stanley dropped their price objective on Dominion Energy from $69.00 to $68.00 and set an “equal weight” rating for the company in a report on Tuesday, April 21st. Weiss Ratings reiterated a “buy (b-)” rating on shares of Dominion Energy in a report on Friday, May 8th. Royal Bank Of Canada increased their price objective on Dominion Energy from $66.00 to $72.00 and gave the stock a “sector perform” rating in a report on Tuesday. Mizuho increased their price objective on Dominion Energy from $62.00 to $66.00 and gave the stock a “neutral” rating in a report on Tuesday, February 24th. Finally, Truist Financial began coverage on Dominion Energy in a report on Tuesday, April 21st. They issued a “hold” rating and a $67.00 price objective for the company. Three research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $66.46.

Key Dominion Energy News

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

• Positive Sentiment: NextEra’s all-stock deal offers Dominion shareholders 0.8138 NextEra shares for each Dominion share, with articles estimating an implied value in the low-$70s per share, helping lift Dominion’s stock. NextEra Energy and Dominion Energy to Combine, Creating the World’s Largest Regulated Electric Utility Business and North America’s Premier Energy Infrastructure Platform Benefiting Customers
• Positive Sentiment: The merger is being framed as a response to surging power demand from AI and data centers, which could make Dominion’s grid assets more valuable over time and support a stronger long-term growth outlook for the combined company. NextEra Energy to buy Dominion in $66.8 billion US power deal amid AI boom
• Neutral Sentiment: RBC raised its price target on Dominion to $72 while keeping a sector perform rating, suggesting the stock still has room to run but not an outright bullish analyst call. Benzinga report on RBC price target increase
• Neutral Sentiment: Several shareholder law firms have launched investigations into whether the merger price and process were fair, which could add headlines and delay-related uncertainty even if it does not change the deal terms immediately. Dominion Energy Investor Alert: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Dominion Energy, Inc. – D
• Negative Sentiment: The biggest risk to the transaction is regulatory approval, since the deal must clear multiple federal and state agencies and could face scrutiny over potential impacts on electricity bills. The Biggest Challenge of a Utility Megadeal: Regulators

Dominion Energy Trading Up 0.8%

NYSE D opened at $68.10 on Wednesday. Dominion Energy Inc. has a fifty-two week low of $53.36 and a fifty-two week high of $68.97. 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 stock has a 50 day simple moving average of $62.52 and a two-hundred day simple moving average of $61.47. The stock has a market cap of $59.89 billion, a P/E ratio of 20.15, a price-to-earnings-growth ratio of 3.55 and a beta of 0.65.

Dominion Energy (NYSE:D) last announced its earnings results on Friday, May 1st. The utilities provider reported $0.95 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.90 by $0.05. Dominion Energy had a return on equity of 9.63% and a net margin of 16.93%.The firm had revenue of $5.02 billion during the quarter, compared to analyst estimates of $4.43 billion. During the same quarter in the prior year, the company earned $0.93 EPS. The business’s revenue 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. On average, analysts forecast that Dominion Energy Inc. will post 3.59 earnings per share for the current year.

Dominion Energy Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Saturday, June 20th. Stockholders of record on Friday, May 29th will be given a $0.6675 dividend. The ex-dividend date of this dividend is Friday, May 29th. This represents a $2.67 annualized dividend and a dividend yield of 3.9%. Dominion Energy’s dividend payout ratio is currently 78.99%.

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.