California State Teachers Retirement System Grows Stake in Dominion Energy Inc. $D

California State Teachers Retirement System lifted its holdings in shares of Dominion Energy Inc. (NYSE:D) by 6,985.1% during the 2nd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 69,835,266 shares of the utilities provider’s stock after acquiring an additional 68,849,598 shares during the period. California State Teachers Retirement System owned 0.08% of Dominion Energy worth $4,769,050,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Motiv8 Investments LLC acquired a new position in Dominion Energy in the fourth quarter valued at approximately $25,000. Blueline Advisors LLC acquired a new stake in Dominion Energy during the fourth quarter worth approximately $28,000. Triumph Capital Management purchased a new stake in shares of Dominion Energy during the 3rd quarter worth approximately $28,000. Advocate Investing Services LLC purchased a new stake in shares of Dominion Energy during the 4th quarter worth approximately $29,000. Finally, JPL Wealth Management LLC acquired a new position in shares of Dominion Energy in the 3rd quarter valued at $30,000. Hedge funds and other institutional investors own 73.04% of the company’s stock.

Dominion Energy Price Performance

D stock opened at $65.16 on Thursday. 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 company has a market capitalization of $57.31 billion, a P/E ratio of 22.70, a PEG ratio of 3.09 and a beta of 0.64. The business has a 50 day simple moving average of $68.59 and a 200-day simple moving average of $65.85. Dominion Energy Inc. has a twelve month low of $55.85 and a twelve month high of $72.99.

Dominion Energy (NYSE:D) last announced its earnings results on Friday, July 31st. The utilities provider reported $0.79 EPS for the quarter, beating analysts’ consensus estimates of $0.68 by $0.11. Dominion Energy had a net margin of 13.98% and a return on equity of 9.62%. The business had revenue of $4.48 billion for the quarter, compared to analysts’ expectations of $4.04 billion. During the same period in the previous year, the company posted $0.75 EPS. The company’s quarterly revenue was up 17.6% on a year-over-year basis. Dominion Energy has set its FY 2026 guidance at 3.450-3.690 EPS. As a group, equities analysts anticipate that Dominion Energy Inc. will post 3.57 EPS for the current year.

Dominion Energy Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Sunday, September 20th. Shareholders of record on Friday, September 4th will be paid a $0.6675 dividend. The ex-dividend date is Friday, September 4th. This represents a $2.67 dividend on an annualized basis and a yield of 4.1%. Dominion Energy’s payout ratio is currently 93.03%.

Trending Headlines about Dominion Energy

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

• Positive Sentiment: Shareholders approved the Dominion–NextEra merger. Dominion and NextEra shareholders overwhelmingly backed the transaction, clearing a major corporate hurdle. The combination is expected to create the world’s largest regulated electric utility by market capitalization and could provide greater scale and operating efficiencies. SC utility buyout cleared by Dominion and NextEra shareholders
• Neutral Sentiment: The merger still faces a lengthy regulatory review. Although shareholder approval removes a significant obstacle, state and federal regulators must assess the transaction. Reports indicate that regulators may focus on how the deal affects utility rates, competition and reliability, limiting the near-term certainty of the proposed combination. Shareholder backing for merger, regulatory questions remain
• Neutral Sentiment: Dominion will lower Lake Murray’s water level this fall. The drawdown is expected to continue into 2027, with the company warning boaters about reduced water levels. The move appears operational and seasonal rather than a material change to Dominion’s earnings outlook, but it could generate local attention and customer concerns. Dominion to lower Lake Murray levels
• Negative Sentiment: Potential energy-cost increases are creating public opposition to the merger. Residents and stakeholders have raised concerns that the Dominion–NextEra combination could lead to higher energy bills. Such concerns may increase political and regulatory scrutiny and raise the risk of conditions, delays or concessions before approval. Energy costs a concern as merger is considered
• Negative Sentiment: Analyst sentiment remains cautious. Coverage noted that Dominion has outperformed the broader utility sector over the past year, but analysts remain wary about its valuation and future prospects. The stock’s latest decline was also larger than the general market’s, suggesting investors are focusing on merger risks and limited near-term catalysts. Dominion Energy suffers a larger drop than the general market

Analyst Upgrades and Downgrades

A number of research analysts recently commented on D shares. TD Cowen raised shares of Dominion Energy from a “hold” rating to a “buy” rating and increased their target price for the company from $69.00 to $80.00 in a research report on Wednesday, August 19th. Mizuho boosted their price target 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. Jefferies Financial Group upgraded shares of Dominion Energy from a “hold” rating to a “buy” rating and upped their price objective for the company from $65.00 to $76.00 in a research note on Thursday, May 28th. UBS Group set a $80.00 price objective on Dominion Energy in a report on Wednesday, August 19th. Finally, Wells Fargo & Company lifted their target price on Dominion Energy from $66.00 to $68.00 and gave the stock an “overweight” rating in a research report on Friday, May 15th. Five analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $69.93.

Dominion Energy Company Profile

Dominion Energy, Inc is a regulated energy company headquartered in Richmond, Virginia. Through its utility operations, the company generates, transmits and distributes electricity and provides natural gas service to residential, commercial and industrial customers, primarily in Virginia and South Carolina.

The company’s electric generation portfolio includes nuclear, natural gas, renewable energy and hydroelectric resources. Dominion Energy also operates electric transmission and distribution networks, natural gas distribution systems and related energy infrastructure.