Oslo Pensjonsforsikring AS Purchases New Stake in Dominion Energy Inc. $D

Oslo Pensjonsforsikring AS acquired a new position in shares of Dominion Energy Inc. (NYSE:D) during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 7,220 shares of the utilities provider’s stock, valued at approximately $446,000.

Other hedge funds have also recently made changes to their positions in the company. Wellington Management Group LLP boosted its stake in Dominion Energy by 46.2% during the 4th quarter. Wellington Management Group LLP now owns 44,943,727 shares of the utilities provider’s stock valued at $2,633,253,000 after purchasing an additional 14,197,581 shares during the last quarter. Norges Bank bought a new position in shares of Dominion Energy in the fourth quarter valued at approximately $655,142,000. Capital Research Global Investors grew its holdings 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 worth $3,503,142,000 after buying an additional 4,940,692 shares in the last quarter. Adage Capital Partners GP L.L.C. purchased a new stake in Dominion Energy in the 4th quarter valued at $125,495,000. Finally, State Street Corp lifted its stake in Dominion Energy by 3.6% during the 4th quarter. State Street Corp now owns 48,620,273 shares of the utilities provider’s stock valued at $2,848,662,000 after acquiring an additional 1,686,050 shares in the last quarter. 73.04% of the stock is currently owned by institutional investors and hedge funds.

Dominion Energy Stock Performance

NYSE D opened at $69.85 on Wednesday. The company has a market capitalization of $61.43 billion, a PE ratio of 20.67 and a beta of 0.65. The company has a debt-to-equity ratio of 1.38, a quick ratio of 0.61 and a current ratio of 0.78. Dominion Energy Inc. has a 52-week low of $55.85 and a 52-week high of $72.99. The company has a 50-day simple moving average of $68.05 and a 200 day simple moving average of $64.16.

Dominion Energy (NYSE:D) last released its earnings results on Friday, May 1st. The utilities provider reported $0.95 earnings per share for the quarter, beating analysts’ consensus estimates of $0.90 by $0.05. Dominion Energy had a net margin of 16.93% and a return on equity of 9.63%. The firm had revenue of $5.02 billion for the quarter, compared to analysts’ expectations of $4.43 billion. During the same period in the previous year, the company earned $0.93 earnings per share. The company’s quarterly revenue was up 23.1% on a year-over-year basis. Dominion Energy has set its FY 2026 guidance at 3.450-3.690 EPS. On average, research analysts predict that Dominion Energy Inc. will post 3.58 EPS for the current year.

Dominion Energy Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Saturday, June 20th. Shareholders of record on Friday, May 29th were issued a dividend of $0.6675 per share. This represents a $2.67 annualized dividend and a yield of 3.8%. The ex-dividend date of this dividend was Friday, May 29th. Dominion Energy’s dividend payout ratio is 78.99%.

Trending Headlines about Dominion Energy

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

• Positive Sentiment: Dominion and Loudoun County are moving toward a settlement in a data center power line dispute, which could reduce legal and regulatory overhang tied to a major growth market. Article Title
• Positive Sentiment: Dominion continues to advance its proposed merger with NextEra, and the companies are presenting a customer-benefit case that includes a monthly bill discount, which could support the long-term earnings narrative if approved. Article Title
• Neutral Sentiment: Dominion and NextEra filed a joint petition for Virginia SCC approval of their merger, a necessary procedural step but not a final decision. Article Title
• Neutral Sentiment: Dominion is working with Aiken County officials to improve storm response, which may help operations but is not a major financial catalyst. Article Title
• Neutral Sentiment: Recent outage reports in Isle of Wight, caused by tree limbs, highlight routine service interruptions rather than a broader fundamental problem. Article Title
• Negative Sentiment: Lawmakers are calling for a special session to debate the Dominion-NextEra merger, increasing the chance of political scrutiny and a slower approval process. Article Title
• Negative Sentiment: Community groups remain wary of the public-benefit case for the Dominion-NextEra combination, signaling potential resistance from stakeholders. Article Title

Analysts Set New Price Targets

Several analysts have recently commented on D shares. Royal Bank Of Canada increased their target price on shares of Dominion Energy from $66.00 to $72.00 and gave the company a “sector perform” rating in a report on Tuesday, May 19th. Jefferies Financial Group upgraded shares of Dominion Energy from a “hold” rating to a “buy” rating and increased their price objective for the company from $65.00 to $76.00 in a research note on Thursday, May 28th. Seaport Research Partners cut shares of Dominion Energy from a “buy” rating to a “hold” rating in a research report on Wednesday, May 20th. Mizuho boosted their target price on Dominion Energy from $66.00 to $72.00 and gave the stock a “neutral” rating in a research note on Tuesday, May 26th. Finally, Wells Fargo & Company upped their target price on Dominion Energy from $66.00 to $68.00 and gave the company an “overweight” rating in a report on Friday, May 15th. Four analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, Dominion Energy currently has an average rating of “Hold” and a consensus target price of $67.62.

Dominion Energy Company 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.