DAVENPORT & Co LLC Boosts Stake in Dominion Energy Inc. $D

DAVENPORT & Co LLC grew its holdings in Dominion Energy Inc. (NYSE:D) by 2.4% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 403,217 shares of the utilities provider’s stock after purchasing an additional 9,364 shares during the period. DAVENPORT & Co LLC’s holdings in Dominion Energy were worth $23,626,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently modified their holdings of D. CoreFirst Bank & Trust acquired a new position in Dominion Energy in the second quarter valued at about $25,000. Triumph Capital Management acquired a new stake in shares of Dominion Energy during the third quarter valued at about $28,000. United Community Bank acquired a new stake in shares of Dominion Energy during the third quarter valued at about $29,000. JPL Wealth Management LLC purchased a new stake in shares of Dominion Energy in the 3rd quarter valued at approximately $30,000. Finally, Hanson & Doremus Investment Management acquired a new position in shares of Dominion Energy in the 3rd quarter worth approximately $31,000. 73.04% of the stock is owned by institutional investors and hedge funds.

Dominion Energy Trading Up 0.6%

Shares of D stock opened at $60.66 on Thursday. Dominion Energy Inc. has a fifty-two week low of $48.07 and a fifty-two week high of $67.57. The company has a 50 day moving average price of $62.46 and a 200 day moving average price of $60.87. The stock has a market capitalization of $53.31 billion, a P/E ratio of 17.63, a price-to-earnings-growth ratio of 1.63 and a beta of 0.71. The company has a debt-to-equity ratio of 1.36, a quick ratio of 0.59 and a current ratio of 0.77.

Dominion Energy (NYSE:D) last released its earnings results on Monday, February 23rd. The utilities provider reported $0.68 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.67 by $0.01. Dominion Energy had a net margin of 18.05% and a return on equity of 9.67%. The company had revenue of $4.09 billion for the quarter, compared to analyst estimates of $3.65 billion. During the same period in the prior year, the business earned $0.58 EPS. The firm’s quarterly revenue was up 20.4% on a year-over-year basis. Dominion Energy has set its FY 2026 guidance at 3.450-3.690 EPS. Equities research analysts predict that Dominion Energy Inc. will post 3.39 EPS for the current fiscal year.

Dominion Energy Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, March 20th. Investors of record on Friday, February 27th were issued a $0.6675 dividend. The ex-dividend date was Friday, February 27th. This represents a $2.67 dividend on an annualized basis and a yield of 4.4%. Dominion Energy’s dividend payout ratio (DPR) is 77.62%.

Wall Street Analyst Weigh In

D has been the subject of a number of research analyst reports. JPMorgan Chase & Co. lowered their price objective on shares of Dominion Energy from $62.00 to $59.00 and set an “underweight” rating for the company in a research report on Thursday, December 11th. Mizuho upped their price target on Dominion Energy from $62.00 to $66.00 and gave the stock a “neutral” rating in a research note on Tuesday, February 24th. Barclays lowered their price target on Dominion Energy from $64.00 to $63.00 and set an “overweight” rating for the company in a research report on Thursday, January 22nd. Weiss Ratings raised Dominion Energy from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday, February 9th. Finally, Scotiabank boosted their price objective on Dominion Energy from $63.00 to $67.00 and gave the company a “sector perform” rating in a report on Monday, March 2nd. Three 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, the stock presently has an average rating of “Hold” and a consensus target price of $65.20.

Dominion Energy News Summary

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

• Positive Sentiment: Dominion’s Coastal Virginia offshore wind project has begun delivering power to the grid, marking a major operational milestone that validates capital spending and near-term revenue potential from renewables. This supports the company’s long-term clean-energy growth narrative. Dominion offshore wind farm delivers first power to the grid
• Positive Sentiment: Dominion expanded a free energy-saving program to the Dentsville area, strengthening customer relations and demand-side management efforts that can reduce peak load and regulatory pressure while improving community goodwill. Dominion Energy expands free energy-saving program to Dentsville area
• Neutral Sentiment: South Carolina regulators will hold public hearings on Dominion’s proposed residential rate hike. If approved, the hike could raise revenue and support earnings, but hearings signal potential pushback, delays or modifications — introducing regulatory timing and execution risk. Public hearings planned on Dominion Energy’s proposed residential rate hike
• Neutral Sentiment: Analysts maintain an overall “Hold” consensus on Dominion, reflecting mixed views: steady regulated cash flows but near-term execution and cost pressures make conviction limited. This suggests limited upside from analyst revisions absent clear regulatory or earnings beats. Dominion Energy Inc. Given Average Rating of “Hold” by Analysts
• Negative Sentiment: Commentary and data pieces explain why Dominion is down roughly 5% since its last earnings report — investors are reacting to guidance, expected EPS trajectory and near-term execution questions. This continued caution can keep volatility elevated until the next earnings or clearer regulatory outcomes. Why Is Dominion Energy (D) Down 5.4% Since Last Earnings Report?
• Negative Sentiment: Local opposition and cost/environmental concerns are surfacing around the proposed Canadys gas plant in South Carolina — potential delays, added mitigation costs or tougher regulatory scrutiny could increase capex or complicate the company’s generation planning. Proposed Canadys gas plant in South Carolina draws concerns over cost, environment

Dominion Energy Company 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.