Thrivent Financial for Lutherans Acquires 48,221 Shares of Dominion Energy Inc. $D

Thrivent Financial for Lutherans grew its holdings in shares of Dominion Energy Inc. (NYSE:D) by 89.5% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 102,121 shares of the utilities provider’s stock after buying an additional 48,221 shares during the period. Thrivent Financial for Lutherans’ holdings in Dominion Energy were worth $5,988,000 as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. AustralianSuper Pty Ltd boosted its holdings in shares of Dominion Energy by 1,785.9% during the 3rd quarter. AustralianSuper Pty Ltd now owns 519,100 shares of the utilities provider’s stock valued at $31,753,000 after buying an additional 491,574 shares in the last quarter. Vanguard Group Inc. boosted its holdings in shares of Dominion Energy by 0.3% during the 3rd quarter. Vanguard Group Inc. now owns 106,158,920 shares of the utilities provider’s stock valued at $6,493,741,000 after buying an additional 363,610 shares in the last quarter. ANTIPODES PARTNERS Ltd raised its position in shares of Dominion Energy by 84,502.3% in the 3rd quarter. ANTIPODES PARTNERS Ltd now owns 1,735,194 shares of the utilities provider’s stock worth $106,150,000 after purchasing an additional 1,733,143 shares during the last quarter. Citigroup Inc. raised its position in shares of Dominion Energy by 36.7% in the 3rd quarter. Citigroup Inc. now owns 2,422,315 shares of the utilities provider’s stock worth $148,173,000 after purchasing an additional 649,989 shares during the last quarter. Finally, Stratos Wealth Partners LTD. raised its position in shares of Dominion Energy by 53.1% in the 3rd quarter. Stratos Wealth Partners LTD. now owns 47,953 shares of the utilities provider’s stock worth $2,933,000 after purchasing an additional 16,635 shares during the last quarter. Institutional investors own 73.04% of the company’s stock.

Trending Headlines about 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

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on the company. Bank of America lifted their price target on Dominion Energy from $63.00 to $65.00 and gave the stock a “neutral” rating in a research report on Wednesday, April 15th. Wells Fargo & Company lifted their price target on Dominion Energy from $66.00 to $68.00 and gave the stock an “overweight” rating in a research report on Friday, May 15th. Mizuho lifted their price target on Dominion Energy from $62.00 to $66.00 and gave the stock a “neutral” rating in a research report on Tuesday, February 24th. Jefferies Financial Group lifted their price target on Dominion Energy from $60.00 to $65.00 and gave the stock a “hold” rating in a research report on Friday, April 10th. Finally, Seaport Research Partners lowered Dominion Energy from a “buy” rating to a “hold” rating in a research report on Wednesday. Three analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $66.46.

Dominion Energy Price Performance

Shares of NYSE:D opened at $68.31 on Friday. Dominion Energy Inc. has a fifty-two week low of $53.36 and a fifty-two week high of $68.97. The business has a 50-day simple moving average of $62.73 and a two-hundred day simple moving average of $61.60. The company has a debt-to-equity ratio of 1.38, a quick ratio of 0.61 and a current ratio of 0.78. The firm has a market cap of $60.08 billion, a price-to-earnings ratio of 20.21, a price-to-earnings-growth ratio of 3.56 and a beta of 0.65.

Dominion Energy (NYSE:D) last issued its earnings results on Friday, May 1st. The utilities provider reported $0.95 earnings per share for the quarter, topping analysts’ consensus estimates of $0.90 by $0.05. Dominion Energy had a return on equity of 9.63% and a net margin of 16.93%.The business had revenue of $5.02 billion during the quarter, compared to analyst estimates of $4.43 billion. During the same quarter in the previous year, the firm earned $0.93 EPS. Dominion Energy’s revenue was up 23.1% on a year-over-year basis. Dominion Energy has set its FY 2026 guidance at 3.450-3.690 EPS. On average, analysts expect that Dominion Energy Inc. will post 3.59 earnings per share for the current year.

Dominion Energy Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Saturday, June 20th. Shareholders of record on Friday, May 29th will be given a $0.6675 dividend. The ex-dividend date of this dividend is Friday, May 29th. This represents a $2.67 dividend on an annualized basis and a yield of 3.9%. Dominion Energy’s payout ratio is 78.99%.

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.