Greenland Capital Management LP Takes $13.23 Million Position in Dominion Energy Inc. $D

Greenland Capital Management LP purchased a new stake in Dominion Energy Inc. (NYSE:D) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 193,710 shares of the utilities provider’s stock, valued at approximately $13,228,000. Dominion Energy accounts for 1.6% of Greenland Capital Management LP’s investment portfolio, making the stock its 9th largest position.

Several other hedge funds and other institutional investors also recently bought and sold shares of the company. Cornerstone Planning LLC increased its holdings in Dominion Energy by 0.9% during the 2nd quarter. Cornerstone Planning LLC now owns 17,280 shares of the utilities provider’s stock worth $1,180,000 after purchasing an additional 157 shares during the period. Capital Analysts LLC lifted its holdings in shares of Dominion Energy by 2.4% in the 4th quarter. Capital Analysts LLC now owns 6,651 shares of the utilities provider’s stock worth $390,000 after buying an additional 157 shares during the period. Arlington Trust Co LLC lifted its holdings in shares of Dominion Energy by 47.1% in the 2nd quarter. Arlington Trust Co LLC now owns 500 shares of the utilities provider’s stock worth $34,000 after buying an additional 160 shares during the period. Navalign LLC grew its position in shares of Dominion Energy by 1.2% during the 1st quarter. Navalign LLC now owns 14,229 shares of the utilities provider’s stock worth $880,000 after buying an additional 162 shares in the last quarter. Finally, Conning Inc. increased its stake in shares of Dominion Energy by 0.5% during the fourth quarter. Conning Inc. now owns 33,217 shares of the utilities provider’s stock valued at $1,946,000 after buying an additional 176 shares during the period. Institutional investors own 73.04% of the company’s stock.

Dominion Energy Trading Down 1.2%

D opened at $66.64 on Friday. The company has a current ratio of 0.81, a quick ratio of 0.64 and a debt-to-equity ratio of 1.43. The firm has a market cap of $58.61 billion, a price-to-earnings ratio of 23.22 and a beta of 0.65. Dominion Energy Inc. has a 12 month low of $55.85 and a 12 month high of $72.99. The stock has a fifty day moving average price of $69.22 and a 200-day moving average price of $65.61.

Dominion Energy (NYSE:D) last issued its quarterly earnings data on Friday, July 31st. The utilities provider reported $0.79 earnings per share for the quarter, beating analysts’ consensus estimates of $0.68 by $0.11. Dominion Energy had a return on equity of 9.62% and a net margin of 13.98%.The company had revenue of $4.48 billion for the quarter, compared to the consensus estimate of $4.04 billion. During the same quarter last year, the company earned $0.75 earnings per share. The firm’s revenue for the quarter was up 17.6% compared to the same quarter last year. Dominion Energy has set its FY 2026 guidance at 3.450-3.690 EPS. As a group, equities research analysts anticipate 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. Shareholders of record on Friday, September 4th will be given a dividend of $0.6675 per share. This represents a $2.67 annualized dividend and a dividend yield of 4.0%. The ex-dividend date of this dividend is Friday, September 4th. Dominion Energy’s dividend payout ratio is presently 93.03%.

Wall Street Analyst Weigh In

Several research firms recently weighed in on D. Jefferies Financial Group upgraded Dominion Energy from a “hold” rating to a “buy” rating and lifted their price objective for the company from $65.00 to $76.00 in a report on Thursday, May 28th. Mizuho raised their target price on shares of Dominion Energy from $66.00 to $72.00 and gave the company a “neutral” rating in a research report on Tuesday, May 26th. Barclays reduced their price target on shares of Dominion Energy from $70.00 to $69.00 and set an “overweight” rating for the company in a report on Tuesday, June 23rd. Seaport Research Partners cut shares of Dominion Energy from a “buy” rating to a “hold” rating in a research report on Wednesday, May 20th. Finally, Morgan Stanley dropped their price objective on shares of Dominion Energy from $71.00 to $68.00 and set an “equal weight” rating on the stock in a research note on Friday. Five equities research analysts have rated the stock with a Buy rating, nine have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $69.93.

Dominion Energy News Summary

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 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.