PNC Financial Services Group Inc. Lowers Stock Position in Dominion Energy Inc. $D

PNC Financial Services Group Inc. reduced its stake in Dominion Energy Inc. (NYSE:D) by 1.2% during the fourth quarter, HoldingsChannel reports. The firm owned 984,193 shares of the utilities provider’s stock after selling 11,909 shares during the period. PNC Financial Services Group Inc.’s holdings in Dominion Energy were worth $57,664,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Triumph Capital Management bought a new position in Dominion Energy during the third quarter valued at approximately $28,000. United Community Bank bought a new position in shares of Dominion Energy in the third quarter worth approximately $29,000. Costello Asset Management INC grew its holdings in shares of Dominion Energy by 66.7% in the fourth quarter. Costello Asset Management INC now owns 500 shares of the utilities provider’s stock worth $29,000 after purchasing an additional 200 shares during the last quarter. JPL Wealth Management LLC bought a new position in shares of Dominion Energy in the third quarter worth approximately $30,000. Finally, Cornerstone Planning Group LLC grew its holdings in shares of Dominion Energy by 5,080.0% in the fourth quarter. Cornerstone Planning Group LLC now owns 518 shares of the utilities provider’s stock worth $31,000 after purchasing an additional 508 shares during the last quarter. 73.04% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

D has been the topic of several recent analyst reports. Barclays raised their target price on shares of Dominion Energy from $66.00 to $70.00 and gave the stock an “overweight” rating in a report on Monday, May 4th. Weiss Ratings restated a “buy (b-)” rating on shares of Dominion Energy in a report on Friday, May 8th. Royal Bank Of Canada raised their target price on shares of Dominion Energy from $66.00 to $72.00 and gave the stock a “sector perform” rating in a report on Tuesday. Morgan Stanley cut their target price on shares of Dominion Energy from $69.00 to $68.00 and set an “equal weight” rating on the stock in a report on Tuesday, April 21st. Finally, Wall Street Zen cut shares of Dominion Energy from a “hold” rating to a “sell” rating in a report on Saturday, May 16th. Three equities research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $66.46.

Key Headlines Impacting Dominion Energy

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

• Positive Sentiment: Dominion agreed to merge with NextEra in an all-stock deal valued at roughly $67 billion, with the combined company expected to deliver more than 9% annual EPS growth through 2032. Article Title
• Positive Sentiment: Several reports highlight that the merger could help Dominion tap surging electricity demand from AI and data centers, while potentially improving scale, infrastructure investment, and long-term earnings growth. Article Title
• Neutral Sentiment: Analysts and media coverage note the deal will face extensive regulatory review, and the final outcome could depend on how well the combined company addresses affordability and customer power bills. Article Title
• Negative Sentiment: Virginia solar advocates are urging regulators to proceed cautiously on the proposed NextEra-Dominion merger, arguing it could create barriers for distributed clean energy and should better protect ratepayers. Article Title

Dominion Energy Stock Performance

NYSE:D opened at $68.31 on Friday. The stock has a market cap of $60.08 billion, a P/E ratio of 20.21, a price-to-earnings-growth ratio of 3.56 and a beta of 0.65. The firm’s fifty day simple moving average is $62.73 and its 200 day simple moving average is $61.60. Dominion Energy Inc. has a twelve month low of $53.36 and a twelve month high of $68.97. 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 results on Friday, May 1st. The utilities provider reported $0.95 earnings per share for the quarter, beating the consensus estimate of $0.90 by $0.05. The business had revenue of $5.02 billion for the quarter, compared to analysts’ expectations of $4.43 billion. Dominion Energy had a net margin of 16.93% and a return on equity of 9.63%. The firm’s revenue for the quarter was up 23.1% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.93 earnings per share. Dominion Energy has set its FY 2026 guidance at 3.450-3.690 EPS. As a group, research analysts predict that Dominion Energy Inc. will post 3.59 EPS for the current year.

Dominion Energy Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Saturday, June 20th. Investors of record on Friday, May 29th will be issued a $0.6675 dividend. The ex-dividend date is Friday, May 29th. This represents a $2.67 annualized dividend and a yield of 3.9%. Dominion Energy’s payout ratio is 78.99%.

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.