Dominion Energy Inc. $D Shares Sold by JPMorgan Chase & Co.

JPMorgan Chase & Co. lessened its stake in shares of Dominion Energy Inc. (NYSE:D) by 2.4% in the fourth quarter, Holdings Channel.com reports. The fund owned 27,006,893 shares of the utilities provider’s stock after selling 655,422 shares during the quarter. JPMorgan Chase & Co.’s holdings in Dominion Energy were worth $1,582,334,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently modified their holdings of the company. Triumph Capital Management acquired a new stake in shares of Dominion Energy during the 3rd quarter valued at $28,000. Blueline Advisors LLC acquired a new stake in shares of Dominion Energy during the 4th quarter valued at $28,000. JPL Wealth Management LLC acquired a new stake in shares of Dominion Energy during the 3rd quarter valued at $30,000. Costello Asset Management INC lifted its position in shares of 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 last quarter. Finally, Cornerstone Planning Group LLC lifted its position in shares of 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 last quarter. Institutional investors and hedge funds own 73.04% of the company’s stock.

Dominion Energy Price Performance

Shares of NYSE:D opened at $65.57 on Tuesday. The company has a current ratio of 0.78, a quick ratio of 0.61 and a debt-to-equity ratio of 1.38. Dominion Energy Inc. has a 1 year low of $53.36 and a 1 year high of $68.97. The business has a fifty day simple moving average of $63.95 and a 200 day simple moving average of $62.11. The firm has a market cap of $57.67 billion, a price-to-earnings ratio of 19.40 and a beta of 0.65.

Dominion Energy (NYSE:D) last announced its quarterly earnings data 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 business had revenue of $5.02 billion during the quarter, compared to analyst estimates of $4.43 billion. During the same period last year, the company earned $0.93 earnings per share. Dominion Energy’s quarterly 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. As a group, sell-side analysts predict that Dominion Energy Inc. will post 3.59 earnings per share for the current fiscal year.

Dominion Energy Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Saturday, June 20th. Investors of record on Friday, May 29th will be issued a dividend of $0.6675 per share. This represents a $2.67 annualized dividend and a dividend yield of 4.1%. The ex-dividend date is Friday, May 29th. Dominion Energy’s dividend payout ratio (DPR) is currently 78.99%.

Key Dominion Energy News

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

• Positive Sentiment: Utilities are getting attention as potential winners from the AI and data-center buildout, which could boost long-term electricity demand and support Dominion’s regulated asset growth and rate base expansion.
• Positive Sentiment: Market coverage noted that Dominion remains attractive to income-focused investors because of its dividend profile and utility business model, helping reinforce its defensive appeal.
• Neutral Sentiment: Analyst sentiment remains broadly neutral, with Dominion Energy receiving a consensus “Hold” rating, suggesting Wall Street sees limited near-term catalyst impact from recent coverage.
• Neutral Sentiment: Broader utility-stock comparison pieces are drawing attention to sector performance, but they do not appear to include a company-specific operational development for Dominion.
• Negative Sentiment: Local opposition in Virginia and elsewhere is a drag on sentiment, as Loudoun County and Culpeper County are challenging Dominion transmission and substation projects near schools and asking regulators to scrap parts of the buildout, raising permitting and execution uncertainty. Article Title
• Negative Sentiment: Ongoing public scrutiny around Dominion’s infrastructure plans and offshore wind ambitions could increase regulatory delays or project costs, which may weigh on investor confidence in near-term growth. Article Title

Analysts Set New Price Targets

A number of equities research analysts have recently commented on D shares. Seaport Research Partners downgraded Dominion Energy from a “buy” rating to a “hold” rating in a research report on Wednesday, May 20th. Royal Bank Of Canada increased their price objective on Dominion Energy from $66.00 to $72.00 and gave the company a “sector perform” rating in a research report on Tuesday, May 19th. Truist Financial cut their price objective on Dominion Energy from $67.00 to $66.00 and set a “hold” rating for the company in a research report on Friday, May 29th. Barclays increased their price objective on Dominion Energy from $66.00 to $70.00 and gave the company an “overweight” rating in a research report on Monday, May 4th. Finally, Wall Street Zen lowered Dominion Energy from a “hold” rating to a “sell” rating in a report on Saturday, May 16th. Four analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $67.69.

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.