Dominion Energy Inc. $D Shares Sold by State of New Jersey Common Pension Fund D

State of New Jersey Common Pension Fund D lessened its position in Dominion Energy Inc. (NYSE:D – Free Report) by 3.1% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 294,250 shares of the utilities provider’s stock after selling 9,551 shares during the period. State of New Jersey Common Pension Fund D’s holdings in Dominion Energy were worth $17,240,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. AustralianSuper Pty Ltd grew its stake in Dominion Energy by 1,785.9% during the 3rd quarter. AustralianSuper Pty Ltd now owns 519,100 shares of the utilities provider’s stock valued at $31,753,000 after purchasing an additional 491,574 shares in the last quarter. Kera Capital Partners Inc. acquired a new position in Dominion Energy during the 3rd quarter worth $3,574,000. Vanguard Group Inc. grew its holdings in Dominion Energy by 0.3% during the 3rd quarter. Vanguard Group Inc. now owns 106,158,920 shares of the utilities provider’s stock worth $6,493,741,000 after acquiring an additional 363,610 shares in the last quarter. ANTIPODES PARTNERS Ltd increased its holdings in shares of Dominion Energy by 84,502.3% in the 3rd quarter. ANTIPODES PARTNERS Ltd now owns 1,735,194 shares of the utilities provider’s stock valued at $106,150,000 after acquiring an additional 1,733,143 shares during the last quarter. Finally, Citigroup Inc. increased its holdings in shares of Dominion Energy by 36.7% in the 3rd quarter. Citigroup Inc. now owns 2,422,315 shares of the utilities provider’s stock valued at $148,173,000 after acquiring an additional 649,989 shares during the last quarter. 73.04% of the stock is owned by institutional investors and hedge funds.

Key Headlines Impacting Dominion Energy

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

• Positive Sentiment: Q1 operating EPS and revenue beat estimates — operating EPS $0.95 vs. $0.89 expected (+6.95%); revenue $5.02B vs. ~$4.43B expected (+~17%). Strong top-line growth (Y/Y +23%) supports earnings outlook and shows demand strength. Dominion Energy (D) Beats Q1 Earnings and Revenue Estimates
• Positive Sentiment: Operational drivers: higher Virginia power demand, favorable weather and RNG tax credits helped results; Coastal Virginia Offshore Wind (CVOW) progress noted on the call, supporting the company’s transition/renewables thesis. Dominion beats quarterly profit estimates on higher Virginia power demand
• Neutral Sentiment: FY2026 operating EPS guidance reaffirmed at $3.450–$3.690 (company midpoint ≈ $3.57 vs. street ≈ $3.59). Reaffirmation reduces surprise risk but the lower bound sits below consensus, leaving limited upside from guidance alone. Dominion Energy Announces First-Quarter 2026 Results
• Negative Sentiment: GAAP net income declined Y/Y (Q1 GAAP $0.69/shr vs. $0.77/shr prior year) even though operating (non‑GAAP) EPS beat — the GAAP miss and mix differences can pressure sentiment among more conservative investors. Dominion Energy Announces First-Quarter 2026 Results
• Negative Sentiment: Regulatory/reputational risk: a new state law mandates review of Dominion’s load forecasting amid data center growth — potential for regulatory scrutiny or changes to planning assumptions. New state law mandates review of Dominion’s load forecasting, as data centers raise concerns
• Negative Sentiment: Customer impact headlines: local reports of electric-bill increases (e.g., Culpeper) could attract negative publicity and political pressure around rates. That can influence regulatory outcomes and near-term sentiment. Culpeper residents to see increase in electric bill driven by higher power costs

Dominion Energy Stock Down 0.9%

Shares of Dominion Energy stock opened at $63.93 on Friday. The stock has a 50-day moving average price of $62.56 and a 200 day moving average price of $61.27. The company has a market cap of $56.19 billion, a P/E ratio of 18.58, a P/E/G ratio of 3.39 and a beta of 0.67. The company has a current ratio of 0.77, a quick ratio of 0.59 and a debt-to-equity ratio of 1.36. Dominion Energy Inc. has a 1 year low of $52.53 and a 1 year high of $67.57.

Dominion Energy (NYSE:D – Get Free Report) last released its earnings results on Friday, May 1st. The utilities provider reported $0.95 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.90 by $0.05. Dominion Energy had a net margin of 18.05% and a return on equity of 9.67%. The company had revenue of $5.02 billion during the quarter, compared to the consensus estimate of $4.43 billion. During the same quarter in the prior year, the firm earned $0.93 EPS. The company’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, analysts expect that Dominion Energy Inc. will post 3.6 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several research analysts have recently commented on D shares. Barclays lifted their price target on shares of Dominion Energy from $63.00 to $66.00 and gave the company an “overweight” rating in a report on Wednesday, April 8th. Wells Fargo & Company reduced their price objective on Dominion Energy from $67.00 to $64.00 and set an “overweight” rating for the company in a research report on Tuesday, January 20th. Bank of America boosted their price objective on Dominion Energy from $63.00 to $65.00 and gave the company a “neutral” rating in a research report on Wednesday, April 15th. TD Cowen assumed coverage on Dominion Energy in a research report on Friday, January 9th. They set a “hold” rating and a $65.00 price objective for the company. Finally, Mizuho boosted their target price on shares of Dominion Energy from $62.00 to $66.00 and gave the company a “neutral” rating in a research note on Tuesday, February 24th. Three equities research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, Dominion Energy currently has an average rating of “Hold” and an average price target of $65.69.

View Our Latest Stock Analysis on Dominion Energy

Dominion Energy Company Profile

(Free Report)

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.

Further Reading

• Five stocks we like better than Dominion Energy

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