Dominion Energy Target of Unusually High Options Trading (NYSE:D)

Dominion Energy Inc. (NYSE:D) saw some unusual options trading on Friday. Investors acquired 15,526 call options on the company. This represents an increase of approximately 411% compared to the typical daily volume of 3,036 call options.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on D shares. Barclays dropped their target price on shares of Dominion Energy from $70.00 to $69.00 and set an “overweight” rating for the company in a report on Tuesday, June 23rd. Wall Street Zen downgraded shares of Dominion Energy from a “hold” rating to a “sell” rating in a report on Saturday, May 16th. Wells Fargo & Company raised their target price on shares of Dominion Energy from $66.00 to $68.00 and gave the stock an “overweight” rating in a research note on Friday, May 15th. Seaport Research Partners cut Dominion Energy from a “buy” rating to a “hold” rating in a report on Wednesday, May 20th. Finally, Truist Financial dropped their price target on Dominion Energy from $67.00 to $66.00 and set a “hold” rating for the company in a research report on Friday, May 29th. Four analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, Dominion Energy has an average rating of “Hold” and an average target price of $67.62.

Dominion Energy Trading Down 0.8%

Shares of D stock opened at $71.08 on Friday. The company has a current ratio of 0.78, a quick ratio of 0.61 and a debt-to-equity ratio of 1.38. Dominion Energy has a twelve month low of $55.85 and a twelve month high of $72.99. The company’s 50-day moving average price is $67.76 and its 200-day moving average price is $63.97. The stock has a market cap of $62.52 billion, a price-to-earnings ratio of 21.03 and a beta of 0.65.

Dominion Energy (NYSE:D) last released its quarterly earnings data on Friday, May 1st. The utilities provider reported $0.95 earnings per share (EPS) 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 firm had revenue of $5.02 billion during the quarter, compared to analysts’ expectations of $4.43 billion. During the same period last year, the business earned $0.93 earnings per share. 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 predict that Dominion Energy will post 3.59 earnings per share for the current year.

Dominion Energy Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Saturday, June 20th. Stockholders of record on Friday, May 29th were given a dividend of $0.6675 per share. This represents a $2.67 annualized dividend and a dividend yield of 3.8%. The ex-dividend date of this dividend was Friday, May 29th. Dominion Energy’s payout ratio is presently 78.99%.

Key Stories Impacting Dominion Energy

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

• Positive Sentiment: Dominion and NextEra Energy filed regulatory applications for their proposed mega-merger, advancing a deal that could create the world’s largest regulated electric utility. The companies also said customers in Virginia, North Carolina, and South Carolina would receive $2.25 billion in shareholder-funded bill credits, which may help ease regulatory concerns and support the stock. Article Title
• Positive Sentiment: Multiple reports said the merger process is now moving into formal state and federal review, signaling meaningful progress on a transaction that could reshape Dominion’s long-term growth profile and scale. Article Title
• Positive Sentiment: Dominion Energy is also piloting LōD’s grid-responsive AI inference technology in Ashland, Virginia, which fits the company’s push to manage rising power demand from data centers more efficiently. Article Title
• Neutral Sentiment: Traders bought an unusually large number of Dominion call options, suggesting speculation that shares could continue moving higher, but this reflects positioning rather than a confirmed fundamental catalyst.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the business. CWA Asset Management Group LLC boosted its position in shares of Dominion Energy by 192.1% during the 4th quarter. CWA Asset Management Group LLC now owns 37,068 shares of the utilities provider’s stock worth $2,172,000 after purchasing an additional 24,376 shares during the period. North Dakota State Investment Board purchased a new stake in Dominion Energy in the fourth quarter valued at approximately $1,715,000. Exchange Traded Concepts LLC lifted its stake in Dominion Energy by 16.2% during the fourth quarter. Exchange Traded Concepts LLC now owns 302,366 shares of the utilities provider’s stock worth $17,716,000 after purchasing an additional 42,094 shares in the last quarter. CIBC Bancorp USA Inc. acquired a new position in Dominion Energy during the third quarter worth $7,201,000. Finally, Swiss Life Asset Management Ltd boosted its position in shares of Dominion Energy by 6.6% during the third quarter. Swiss Life Asset Management Ltd now owns 728,790 shares of the utilities provider’s stock worth $44,580,000 after buying an additional 45,237 shares during the period. 73.04% of the stock is currently owned by hedge funds and other institutional investors.

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.