Dominion Energy Inc. $D Shares Sold by DAVENPORT & Co LLC

DAVENPORT & Co LLC cut its stake in shares of Dominion Energy Inc. (NYSE:D) by 2.2% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 393,853 shares of the utilities provider’s stock after selling 8,899 shares during the period. DAVENPORT & Co LLC’s holdings in Dominion Energy were worth $24,091,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in the stock. CoreFirst Bank & Trust acquired a new stake in Dominion Energy in the 2nd quarter valued at approximately $25,000. Westside Investment Management Inc. lifted its stake in Dominion Energy by 123.3% during the second quarter. Westside Investment Management Inc. now owns 469 shares of the utilities provider’s stock worth $27,000 after purchasing an additional 259 shares in the last quarter. AlphaQuest LLC purchased a new position in shares of Dominion Energy during the first quarter worth $27,000. Twin Peaks Wealth Advisors LLC acquired a new stake in shares of Dominion Energy in the second quarter valued at $32,000. Finally, Oliver Lagore Vanvalin Investment Group purchased a new stake in shares of Dominion Energy in the 2nd quarter valued at $36,000. 73.04% of the stock is currently owned by institutional investors and hedge funds.

Dominion Energy Stock Up 0.8%

D stock opened at $58.60 on Thursday. The company’s 50 day moving average price is $60.19 and its 200 day moving average price is $59.36. The firm has a market capitalization of $50.04 billion, a price-to-earnings ratio of 19.93, a PEG ratio of 1.67 and a beta of 0.70. Dominion Energy Inc. has a fifty-two week low of $48.07 and a fifty-two week high of $62.87. The company has a debt-to-equity ratio of 1.41, a quick ratio of 0.65 and a current ratio of 0.84.

Dominion Energy (NYSE:D) last posted its quarterly earnings results on Friday, October 31st. The utilities provider reported $1.06 EPS for the quarter, topping the consensus estimate of $1.02 by $0.04. Dominion Energy had a net margin of 16.17% and a return on equity of 9.60%. The company had revenue of $4.53 billion during the quarter, compared to analysts’ expectations of $4.71 billion. During the same quarter in the previous year, the business posted $0.98 EPS. The firm’s revenue was up 14.9% on a year-over-year basis. Dominion Energy has set its FY 2025 guidance at 3.330-3.480 EPS. On average, equities research analysts anticipate that Dominion Energy Inc. will post 3.39 EPS for the current fiscal year.

Dominion Energy Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Saturday, December 20th. Shareholders of record on Friday, December 5th were paid a $0.6675 dividend. The ex-dividend date was Friday, December 5th. This represents a $2.67 dividend on an annualized basis and a yield of 4.6%. Dominion Energy’s dividend payout ratio (DPR) is currently 90.82%.

Wall Street Analyst Weigh In

D has been the subject of a number of research analyst reports. Weiss Ratings restated a “hold (c+)” rating on shares of Dominion Energy in a report on Monday. Barclays raised their price objective on shares of Dominion Energy from $63.00 to $64.00 and gave the company an “overweight” rating in a research note on Wednesday, December 17th. Royal Bank Of Canada reaffirmed a “sector perform” rating and set a $70.00 target price on shares of Dominion Energy in a research note on Tuesday, October 28th. Wells Fargo & Company initiated coverage on shares of Dominion Energy in a report on Tuesday, October 28th. They set an “overweight” rating and a $67.00 target price on the stock. Finally, JPMorgan Chase & Co. dropped their price target on shares of Dominion Energy from $62.00 to $59.00 and set an “underweight” rating for the company in a research note on Thursday, December 11th. Two investment analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $64.75.

Key Stores Impacting Dominion Energy

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

• Positive Sentiment: Large-volume call option purchases signal speculative bullish positioning that can support the stock near term. Traders Purchase Large Volume of Dominion Energy Call Options (NYSE:D)
• Positive Sentiment: Analysts/coverage note Dominion’s diversified generation (nuclear, gas, renewables) and secular power demand from AI/data centers as long‑term revenue tailwinds — framing the offshore wind setback as a temporary “speed bump.” Dominion Energy: The Coastal Offshore Wind Speed Bump
• Neutral Sentiment: Broader market moves — including a recent Fed rate pivot and sector rotation — make dividend‑paying utilities relatively attractive, which can support Dominion’s multiple and attract income buyers even amid project setbacks. Sector Rotation: 2 Smart Money Moves for 2026
• Negative Sentiment: The U.S. administration’s pause/halt on several offshore wind leases — including Dominion’s Virginia‑area project — citing national‑security concerns is a material near‑term setback, triggered an earlier share drop and creates execution and regulatory uncertainty. Dominion offshore wind project paused over cited national security concerns
• Negative Sentiment: State/regulatory delays: a proposed Dominion gas plant in Chesterfield is on hold while the Virginia State Corporation Commission reviews petitions, adding another near‑term project uncertainty and potential capex/timing risk. Dominion gas plant in Chesterfield on hold, while SCC considers petition
• Negative Sentiment: There is risk customers could face costs or delays tied to the offshore wind pause, which could draw political/public scrutiny and complicate rate cases. How Dominion Energy customers could pay for offshore wind delays

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.