Andra AP fonden Has $11.55 Million Stake in Dominion Energy Inc. $D

Andra AP fonden boosted its holdings in shares of Dominion Energy Inc. (NYSE:D) by 682.2% in the first quarter, according to its most recent filing with the SEC. The firm owned 186,889 shares of the utilities provider’s stock after acquiring an additional 162,997 shares during the period. Andra AP fonden’s holdings in Dominion Energy were worth $11,553,000 as of its most recent filing with the SEC.

Other hedge funds have also modified their holdings of the company. Motiv8 Investments LLC acquired a new position in Dominion Energy during the fourth quarter valued at approximately $25,000. Triumph Capital Management acquired a new position in shares of Dominion Energy in the 3rd quarter valued at $28,000. Blueline Advisors LLC acquired a new position in shares of Dominion Energy in the 4th quarter valued at $28,000. Costello Asset Management INC increased its position in shares of Dominion Energy by 66.7% in the 4th quarter. Costello Asset Management INC now owns 500 shares of the utilities provider’s stock valued at $29,000 after buying an additional 200 shares in the last quarter. Finally, Advocate Investing Services LLC bought a new stake in shares of Dominion Energy in the 4th quarter valued at $29,000. 73.04% of the stock is currently owned by institutional investors and hedge funds.

Dominion Energy Stock Down 0.7%

D stock opened at $69.85 on Wednesday. The company has a market cap of $61.43 billion, a price-to-earnings ratio of 20.67 and a beta of 0.65. Dominion Energy Inc. has a twelve month low of $55.85 and a twelve month high of $72.99. The business has a 50 day moving average price of $68.05 and a two-hundred day moving average price of $64.16. The company has a quick ratio of 0.61, a current ratio of 0.78 and a debt-to-equity ratio of 1.38.

Dominion Energy (NYSE:D) last released its quarterly earnings data on Friday, May 1st. The utilities provider reported $0.95 EPS for the quarter, beating the consensus estimate of $0.90 by $0.05. The company had revenue of $5.02 billion during the quarter, compared to the consensus estimate of $4.43 billion. Dominion Energy had a return on equity of 9.63% and a net margin of 16.93%.During the same quarter in the prior year, the firm posted $0.93 EPS. The firm’s revenue for the quarter 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. Analysts anticipate that Dominion Energy Inc. will post 3.58 EPS for the current fiscal year.

Dominion Energy Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Saturday, June 20th. Shareholders of record on Friday, May 29th were paid a $0.6675 dividend. The ex-dividend date was Friday, May 29th. This represents a $2.67 dividend on an annualized basis and a yield of 3.8%. Dominion Energy’s dividend payout ratio (DPR) is currently 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

Wall Street Analyst Weigh In

A number of research analysts have issued reports on D shares. Mizuho boosted their target price on Dominion Energy from $66.00 to $72.00 and gave the company a “neutral” rating in a research note 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. Bank of America raised their price objective on shares of Dominion Energy from $63.00 to $65.00 and gave the stock a “neutral” rating in a report on Wednesday, April 15th. Jefferies Financial Group raised shares of Dominion Energy from a “hold” rating to a “buy” rating and upped their target price for the stock from $65.00 to $76.00 in a research note on Thursday, May 28th. Finally, Weiss Ratings upgraded Dominion Energy from a “buy (b-)” rating to a “buy (b)” rating in a report on Friday, May 22nd. Four equities research 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’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $67.62.

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.