17,941 Shares in Dominion Energy Inc. $D Bought by Westpac Banking Corp

Westpac Banking Corp acquired a new position in shares of Dominion Energy Inc. (NYSE:D) in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 17,941 shares of the utilities provider’s stock, valued at approximately $1,225,000.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in D. Motiv8 Investments LLC purchased a new stake in shares of Dominion Energy during the fourth quarter worth about $25,000. Blueline Advisors LLC purchased a new position in Dominion Energy in the 4th quarter valued at about $28,000. Triumph Capital Management purchased a new position in Dominion Energy in the 3rd quarter valued at about $28,000. Costello Asset Management INC boosted its holdings in Dominion Energy by 66.7% in the 4th quarter. Costello Asset Management INC now owns 500 shares of the utilities provider’s stock worth $29,000 after buying an additional 200 shares during the last quarter. Finally, Advocate Investing Services LLC acquired a new stake in Dominion Energy in the 4th quarter worth about $29,000. 73.04% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of brokerages have commented on D. Royal Bank Of Canada increased their target price on Dominion Energy from $66.00 to $72.00 and gave the company a “sector perform” rating in a report on Tuesday, May 19th. Mizuho lifted their price target on Dominion Energy from $66.00 to $72.00 and gave the stock a “neutral” rating in a research note on Tuesday, May 26th. TD Cowen upgraded Dominion Energy from a “hold” rating to a “buy” rating and boosted their price target for the stock from $69.00 to $80.00 in a research report on Wednesday. Morgan Stanley reduced their price objective on Dominion Energy from $71.00 to $68.00 and set an “equal weight” rating for the company in a research note on Friday. Finally, Barclays decreased their price objective on Dominion Energy from $70.00 to $69.00 and set an “overweight” rating on the stock in a report on Tuesday, June 23rd. Five equities research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $69.93.

Key Stories Impacting Dominion Energy

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

• Positive Sentiment: TD Cowen upgraded Dominion Energy, citing what it views as favorable odds for the NextEra transaction and additional upside potential. TD Cowen Just Upgraded Dominion Energy. Here’s Why.
• Positive Sentiment: Dominion said it expects to receive a refund related to tariffs imposed during the Trump administration. The reimbursement could provide a modest cash-flow benefit. Dominion says they’re getting a Trump Tariff refund
• Neutral Sentiment: Morgan Stanley lowered its Dominion price target from $71 to $68 and assigned an “equal weight” rating. The revised target still implies limited upside, but the reduction signals more cautious expectations. Morgan Stanley lowers Dominion Energy price target
• Neutral Sentiment: Analysts collectively maintain a “Hold” consensus rating, suggesting Wall Street sees a relatively balanced risk-reward profile. Dominion Energy receives consensus Hold rating
• Negative Sentiment: The proposed NextEra merger continues to face political and regulatory scrutiny. Virginia, Maine and Massachusetts officials have raised concerns about competition and potential increases in energy costs, while South Carolina regulators are examining the transaction timeline. These objections could delay approval, increase required concessions or reduce the deal’s expected benefits. Maine governor raises concerns about NextEra-Dominion merger
• Negative Sentiment: Local homeowners are opposing a Dominion power-line project, citing potentially significant costs and property impacts. The dispute adds reputational and permitting risk, although its direct financial effect remains unclear. Ashburn homeowners oppose Dominion power line

Dominion Energy Stock Down 1.2%

D stock opened at $66.64 on Friday. The company has a current ratio of 0.81, a quick ratio of 0.64 and a debt-to-equity ratio of 1.43. The firm has a 50-day moving average of $69.22 and a two-hundred day moving average of $65.61. Dominion Energy Inc. has a 12 month low of $55.85 and a 12 month high of $72.99. The company has a market cap of $58.61 billion, a price-to-earnings ratio of 23.22 and a beta of 0.65.

Dominion Energy (NYSE:D) last issued its earnings results on Friday, July 31st. The utilities provider reported $0.79 earnings per share for the quarter, topping the consensus estimate of $0.68 by $0.11. The business had revenue of $4.48 billion for the quarter, compared to analysts’ expectations of $4.04 billion. Dominion Energy had a return on equity of 9.62% and a net margin of 13.98%.The business’s revenue for the quarter was up 17.6% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.75 EPS. Dominion Energy has set its FY 2026 guidance at 3.450-3.690 EPS. As a group, analysts forecast that Dominion Energy Inc. will post 3.57 earnings per share 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. Investors of record on Friday, September 4th will be given a dividend of $0.6675 per share. The ex-dividend date is Friday, September 4th. This represents a $2.67 dividend on an annualized basis and a yield of 4.0%. Dominion Energy’s dividend payout ratio (DPR) is presently 93.03%.

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.