Saudi Central Bank Increases Position in Dominion Energy Inc. $D

Saudi Central Bank raised its holdings in Dominion Energy Inc. (NYSE:D) by 95.2% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 61,527 shares of the utilities provider’s stock after acquiring an additional 30,008 shares during the period. Saudi Central Bank’s holdings in Dominion Energy were worth $4,202,000 at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. Cornerstone Planning LLC grew its position in shares of Dominion Energy by 0.9% in the second quarter. Cornerstone Planning LLC now owns 17,280 shares of the utilities provider’s stock valued at $1,180,000 after purchasing an additional 157 shares in the last quarter. Capital Analysts LLC lifted its position in Dominion Energy by 2.4% during the fourth quarter. Capital Analysts LLC now owns 6,651 shares of the utilities provider’s stock worth $390,000 after buying an additional 157 shares in the last quarter. Arlington Trust Co LLC lifted its position in Dominion Energy by 47.1% during the second quarter. Arlington Trust Co LLC now owns 500 shares of the utilities provider’s stock worth $34,000 after buying an additional 160 shares in the last quarter. Navalign LLC boosted its stake in Dominion Energy by 1.2% during the first quarter. Navalign LLC now owns 14,229 shares of the utilities provider’s stock worth $880,000 after buying an additional 162 shares during the last quarter. Finally, Premier Path Wealth Partners LLC boosted its stake in Dominion Energy by 1.7% during the second quarter. Premier Path Wealth Partners LLC now owns 9,795 shares of the utilities provider’s stock worth $669,000 after buying an additional 168 shares during the last quarter. 73.04% of the stock is owned by hedge funds and other institutional investors.

Dominion Energy Trading Down 0.2%

Shares of Dominion Energy stock opened at $65.72 on Monday. The stock has a 50 day moving average of $68.76 and a 200 day moving average of $65.83. The company has a debt-to-equity ratio of 1.43, a quick ratio of 0.64 and a current ratio of 0.81. The firm has a market capitalization of $57.80 billion, a price-to-earnings ratio of 22.90, a PEG ratio of 3.07 and a beta of 0.64. Dominion Energy Inc. has a fifty-two week low of $55.85 and a fifty-two week high of $72.99.

Dominion Energy (NYSE:D) last posted its earnings results on Friday, July 31st. The utilities provider reported $0.79 EPS for the quarter, beating analysts’ consensus estimates of $0.68 by $0.11. Dominion Energy had a return on equity of 9.62% and a net margin of 13.98%.The company had revenue of $4.48 billion for the quarter, compared to the consensus estimate of $4.04 billion. During the same quarter in the previous year, the business earned $0.75 earnings per share. The company’s revenue for the quarter was up 17.6% on a year-over-year basis. 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 3.57 earnings per share for the current year.

Dominion Energy Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Sunday, September 20th. Investors of record on Friday, September 4th will be issued a $0.6675 dividend. This represents a $2.67 annualized dividend and a yield of 4.1%. The ex-dividend date is Friday, September 4th. Dominion Energy’s payout ratio is 93.03%.

Analyst Ratings Changes

D has been the subject of a number of recent research reports. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Dominion Energy in a research note on Wednesday, August 19th. Jefferies Financial Group raised shares of Dominion Energy from a “hold” rating to a “buy” rating and boosted their price target for the company from $65.00 to $76.00 in a research report on Thursday, May 28th. Royal Bank Of Canada upped their price objective on shares of Dominion Energy from $66.00 to $72.00 and gave the company a “sector perform” rating in a report on Tuesday, May 19th. Mizuho raised their price objective on shares of Dominion Energy from $66.00 to $72.00 and gave the stock a “neutral” rating in a research report on Tuesday, May 26th. Finally, Morgan Stanley reduced their target price on shares of Dominion Energy from $71.00 to $68.00 and set an “equal weight” rating on the stock in a research note on Friday, August 21st. Five equities research analysts have rated the stock with a Buy rating, nine have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Hold” and an average target price of $69.93.

Key Headlines Impacting Dominion Energy

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

• Positive Sentiment: Dominion shareholders approved the proposed $66.8 billion all-stock merger with NextEra Energy by an overwhelming margin, with approximately 671.3 million votes in favor. The approval removes a major transaction hurdle and supports the companies’ expected long-term strategic combination. Dominion Energy secures shareholder approval for merger with NextEra
• Neutral Sentiment: A Virginia panel backed a Dominion gas plant that could improve generation capacity and reliability, but the project may add a long-term charge to customers’ electric bills. The potential infrastructure benefit is therefore balanced by affordability concerns. Virginia panel backs Dominion gas plant
• Negative Sentiment: Arlington County plans to intervene in the merger review, citing rising electric bills and seeking greater scrutiny of the transaction. Other advocacy groups and Virginia officials are also requesting answers about how the merger could affect rates, increasing the risk of delays or additional conditions. Arlington to intervene in Dominion-NextEra merger
• Negative Sentiment: Dominion Power proposed a rate increase to recover approximately $922 million in fuel costs. Higher customer bills, repeated outage complaints and opposition to new transmission land acquisitions could intensify political and regulatory pressure on the utility. Dominion Power proposes price hike

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.