Royal Fund Management LLC Invests $3.48 Million in Dominion Energy Inc. $D

Royal Fund Management LLC bought a new stake in shares of Dominion Energy Inc. (NYSE:D) in the first quarter, Holdings Channel.com reports. The fund bought 56,341 shares of the utilities provider’s stock, valued at approximately $3,483,000.

A number of other hedge funds have also recently made changes to their positions in D. Vanguard Group Inc. boosted its position in Dominion Energy by 0.9% in the 4th quarter. Vanguard Group Inc. now owns 107,099,758 shares of the utilities provider’s stock valued at $6,274,975,000 after buying an additional 940,838 shares during the period. Capital Research Global Investors lifted its holdings in Dominion Energy by 9.0% during the fourth quarter. Capital Research Global Investors now owns 59,790,734 shares of the utilities provider’s stock worth $3,503,142,000 after buying an additional 4,940,692 shares during the period. State Street Corp boosted its position in Dominion Energy by 3.6% during the fourth quarter. State Street Corp now owns 48,620,273 shares of the utilities provider’s stock valued at $2,848,662,000 after purchasing an additional 1,686,050 shares in the last quarter. Wellington Management Group LLP raised its holdings in Dominion Energy by 46.2% in the fourth quarter. Wellington Management Group LLP now owns 44,943,727 shares of the utilities provider’s stock worth $2,633,253,000 after purchasing an additional 14,197,581 shares in the last quarter. Finally, Geode Capital Management LLC lifted its position in shares of Dominion Energy by 1.6% during the fourth quarter. Geode Capital Management LLC now owns 20,442,935 shares of the utilities provider’s stock valued at $1,196,056,000 after buying an additional 314,932 shares during the last quarter. 73.04% of the stock is currently owned by institutional investors.

Dominion Energy News Summary

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

• Positive Sentiment: New gas-fired generation could support future growth. Dominion plans to build a natural-gas power plant at its Mt. Storm facility in West Virginia. The project is intended to serve Virginia customers and the PJM grid, potentially helping meet rising electricity demand from data centers and supporting long-term rate-base growth. Dominion Energy to build new gas fired power plant at Mt. Storm
• Positive Sentiment: Dominion maintained its dividend. The board declared a quarterly dividend of $0.6675 per share, payable September 20 to shareholders of record September 4. The payment represents an annualized yield of approximately 3.8% and marks the 394th consecutive dividend paid by Dominion or its predecessor, reinforcing the stock’s income appeal. Dominion Energy Declares Quarterly Dividend of 66.75 Cents
• Neutral Sentiment: Power-demand growth remains a key catalyst, but second-quarter results are still ahead. Analysts expect Dominion’s upcoming earnings to benefit from higher revenue expectations, approved rates and load growth, while operating costs could weigh on results. The company’s existing 2026 EPS guidance is $3.45-$3.69. Dominion Energy to Report Q2 Earnings
• Negative Sentiment: The proposed NextEra Energy combination faces additional scrutiny. New review and criticism surrounding the merger could delay approval, raise execution risk or reduce the certainty of the roughly $67 billion transaction. Because the deal is central to Dominion’s strategic outlook, investors may be cautious until regulatory and community concerns are resolved. Dominion merger review draws new scrutiny
• Negative Sentiment: Local opposition could complicate data-center-related expansion. Fairfax County residents challenged Dominion’s proposal tied to growing data-center demand, highlighting potential permitting, reliability and cost concerns. Resistance could slow load-growth projects or increase regulatory and infrastructure costs. Residents grill Dominion Energy over Fairfax County data center proposal

Dominion Energy Stock Performance

D opened at $70.54 on Thursday. The company has a market cap of $62.04 billion, a P/E ratio of 20.87 and a beta of 0.65. The company has a quick ratio of 0.61, a current ratio of 0.78 and a debt-to-equity ratio of 1.38. The firm’s 50-day moving average price is $68.74 and its 200-day moving average price is $64.69. Dominion Energy Inc. has a 52-week low of $55.85 and a 52-week high of $72.99.

Dominion Energy (NYSE:D) last released its earnings results on Friday, May 1st. The utilities provider reported $0.95 earnings per share for the quarter, topping the consensus estimate of $0.90 by $0.05. Dominion Energy had a net margin of 16.93% and a return on equity of 9.63%. The company had revenue of $5.02 billion for the quarter, compared to the consensus estimate 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% compared to the same quarter last year. 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 fiscal year.

Dominion Energy Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Sunday, September 20th. Stockholders of record on Friday, September 4th will be issued a dividend of $0.6675 per share. The ex-dividend date of this dividend is Friday, September 4th. This represents a $2.67 dividend on an annualized basis and a dividend yield of 3.8%. Dominion Energy’s payout ratio is 78.99%.

Wall Street Analyst Weigh In

D has been the topic of a number of analyst reports. Wells Fargo & Company lifted their price objective on shares of Dominion Energy from $66.00 to $68.00 and gave the stock an “overweight” rating in a research report on Friday, May 15th. Mizuho raised their target price on shares of Dominion Energy from $66.00 to $72.00 and gave the company a “neutral” rating in a research note on Tuesday, May 26th. Truist Financial cut their price target on shares of Dominion Energy from $67.00 to $66.00 and set a “hold” rating on the stock in a report on Friday, May 29th. Barclays reduced their price target on Dominion Energy from $70.00 to $69.00 and set an “overweight” rating on the stock in a research report on Tuesday, June 23rd. Finally, Wall Street Zen lowered Dominion Energy from a “hold” rating to a “sell” rating in a report on Saturday, May 16th. Four investment analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $68.00.

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.