Dominion Energy Inc. $D Shares Acquired by DAVENPORT & Co LLC

DAVENPORT & Co LLC increased its position in shares of Dominion Energy Inc. (NYSE:D) by 2.4% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 403,217 shares of the utilities provider’s stock after buying an additional 9,364 shares during the period. DAVENPORT & Co LLC’s holdings in Dominion Energy were worth $23,626,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in D. Barnes Wealth Management Group Inc lifted its stake in Dominion Energy by 4.4% in the second quarter. Barnes Wealth Management Group Inc now owns 3,970 shares of the utilities provider’s stock worth $224,000 after acquiring an additional 169 shares during the last quarter. Sovereign Financial Group Inc. increased its position in shares of Dominion Energy by 1.2% in the 3rd quarter. Sovereign Financial Group Inc. now owns 14,138 shares of the utilities provider’s stock valued at $865,000 after purchasing an additional 169 shares during the last quarter. Tokio Marine Asset Management Co. Ltd. raised its holdings in shares of Dominion Energy by 0.4% in the 3rd quarter. Tokio Marine Asset Management Co. Ltd. now owns 39,145 shares of the utilities provider’s stock valued at $2,394,000 after purchasing an additional 169 shares in the last quarter. Howard Capital Management Inc. raised its holdings in shares of Dominion Energy by 3.3% in the 3rd quarter. Howard Capital Management Inc. now owns 5,659 shares of the utilities provider’s stock valued at $346,000 after purchasing an additional 180 shares in the last quarter. Finally, Robinson Value Management Ltd. lifted its position in shares of Dominion Energy by 0.3% during the 3rd quarter. Robinson Value Management Ltd. now owns 70,438 shares of the utilities provider’s stock worth $4,309,000 after purchasing an additional 183 shares during the last quarter. Institutional investors and hedge funds own 73.04% of the company’s stock.

Wall Street Analysts Forecast Growth

D has been the subject of a number of analyst reports. Scotiabank boosted their target price on shares of Dominion Energy from $63.00 to $67.00 and gave the stock a “sector perform” rating in a research note on Monday, March 2nd. Barclays lowered their price objective on Dominion Energy from $64.00 to $63.00 and set an “overweight” rating for the company in a research report on Thursday, January 22nd. Weiss Ratings raised Dominion Energy from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Monday, February 9th. TD Cowen began coverage on Dominion Energy in a research note on Friday, January 9th. They set a “hold” rating and a $65.00 target price for the company. Finally, Wells Fargo & Company lowered their price target on Dominion Energy from $67.00 to $64.00 and set an “overweight” rating for the company in a report on Tuesday, January 20th. Three research analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, Dominion Energy has a consensus rating of “Hold” and a consensus price target of $65.20.

Key Headlines Impacting Dominion Energy

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

• Positive Sentiment: Dominion’s Coastal Virginia offshore wind project has begun delivering power to the grid, marking a major operational milestone that validates capital spending and near-term revenue potential from renewables. This supports the company’s long-term clean-energy growth narrative. Dominion offshore wind farm delivers first power to the grid
• Positive Sentiment: Dominion expanded a free energy-saving program to the Dentsville area, strengthening customer relations and demand-side management efforts that can reduce peak load and regulatory pressure while improving community goodwill. Dominion Energy expands free energy-saving program to Dentsville area
• Neutral Sentiment: South Carolina regulators will hold public hearings on Dominion’s proposed residential rate hike. If approved, the hike could raise revenue and support earnings, but hearings signal potential pushback, delays or modifications — introducing regulatory timing and execution risk. Public hearings planned on Dominion Energy’s proposed residential rate hike
• Neutral Sentiment: Analysts maintain an overall “Hold” consensus on Dominion, reflecting mixed views: steady regulated cash flows but near-term execution and cost pressures make conviction limited. This suggests limited upside from analyst revisions absent clear regulatory or earnings beats. Dominion Energy Inc. Given Average Rating of “Hold” by Analysts
• Negative Sentiment: Commentary and data pieces explain why Dominion is down roughly 5% since its last earnings report — investors are reacting to guidance, expected EPS trajectory and near-term execution questions. This continued caution can keep volatility elevated until the next earnings or clearer regulatory outcomes. Why Is Dominion Energy (D) Down 5.4% Since Last Earnings Report?
• Negative Sentiment: Local opposition and cost/environmental concerns are surfacing around the proposed Canadys gas plant in South Carolina — potential delays, added mitigation costs or tougher regulatory scrutiny could increase capex or complicate the company’s generation planning. Proposed Canadys gas plant in South Carolina draws concerns over cost, environment

Dominion Energy Price Performance

Shares of NYSE:D opened at $60.66 on Thursday. Dominion Energy Inc. has a 12 month low of $48.07 and a 12 month high of $67.57. The firm has a market capitalization of $53.31 billion, a P/E ratio of 17.63, a P/E/G ratio of 1.63 and a beta of 0.71. The company has a debt-to-equity ratio of 1.36, a current ratio of 0.77 and a quick ratio of 0.59. The company’s fifty day moving average price is $62.46 and its 200 day moving average price is $60.87.

Dominion Energy (NYSE:D) last issued its quarterly earnings data on Monday, February 23rd. The utilities provider reported $0.68 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.67 by $0.01. Dominion Energy had a return on equity of 9.67% and a net margin of 18.05%.The company had revenue of $4.09 billion for the quarter, compared to analyst estimates of $3.65 billion. During the same quarter last year, the company posted $0.58 earnings per share. The business’s quarterly revenue was up 20.4% 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 3.39 earnings per share for the current fiscal year.

Dominion Energy Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, March 20th. Investors of record on Friday, February 27th were paid a dividend of $0.6675 per share. This represents a $2.67 dividend on an annualized basis and a yield of 4.4%. The ex-dividend date was Friday, February 27th. Dominion Energy’s dividend payout ratio (DPR) is currently 77.62%.

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.