Massachusetts Financial Services Co. MA Has $1.76 Billion Stock Position in Dominion Energy Inc. $D

Massachusetts Financial Services Co. MA reduced its holdings in Dominion Energy Inc. (NYSE:D) by 1.4% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 28,820,116 shares of the utilities provider’s stock after selling 418,551 shares during the quarter. Massachusetts Financial Services Co. MA owned approximately 3.38% of Dominion Energy worth $1,762,926,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of D. Vanguard Group Inc. lifted its holdings in Dominion Energy by 16.2% in the second quarter. Vanguard Group Inc. now owns 105,795,310 shares of the utilities provider’s stock valued at $5,979,551,000 after buying an additional 14,715,895 shares during the period. State Street Corp grew its holdings in Dominion Energy by 2.9% during the second quarter. State Street Corp now owns 46,341,408 shares of the utilities provider’s stock valued at $2,619,216,000 after purchasing an additional 1,313,621 shares during the period. Geode Capital Management LLC raised its holdings in Dominion Energy by 3.0% in the second quarter. Geode Capital Management LLC now owns 19,725,397 shares of the utilities provider’s stock worth $1,112,697,000 after purchasing an additional 575,350 shares during the period. Norges Bank acquired a new stake in Dominion Energy during the 2nd quarter worth $566,924,000. Finally, Legal & General Group Plc raised its position in shares of Dominion Energy by 5.4% during the second quarter. Legal & General Group Plc now owns 7,669,476 shares of the utilities provider’s stock worth $433,479,000 after purchasing an additional 394,158 shares during the period. 73.04% of the stock is owned by institutional investors.

Key Headlines Impacting Dominion Energy

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

• Positive Sentiment: Federal judge granted Dominion an injunction to restart construction on the Coastal Virginia Offshore Wind (CVOW) project, allowing work to resume while the company continues its legal fight over the Trump administration’s pause. This reduces near-term schedule and execution risk for a material, multi‑year revenue project and should improve investor sentiment around Dominion’s growth pipeline. US judge grants Dominion bid to restart Virginia offshore wind project
• Neutral Sentiment: Multiple outlets note the court decision is a significant legal win for offshore wind nationally, framing the ruling as part of broader industry legal battles with the administration; however the underlying litigation remains active so the longer‑term outcome is unresolved. Crazy week for U.S. offshore wind in federal court as it fights back against administration
• Neutral Sentiment: Operational/local items with limited market impact: Dominion plans a routine test of the Lake Murray Dam siren system next week (public notice item). These sorts of operational tests are standard maintenance activities. Don’t be alarmed that sound you hear is just a test
• Negative Sentiment: The injunction is temporary — the government may appeal and the substantive litigation over the administration’s authority to pause offshore wind continues. That ongoing legal uncertainty leaves the project exposed to future stoppages or additional regulatory conditions that could raise costs or delay revenue. Judge Says Dominion Energy Can Resume Wind Project US Halted
• Negative Sentiment: Local opposition and environmental protests around other projects (e.g., proposed gas plant protests) highlight permitting and community risks that can create delays or incremental costs on new infrastructure. These are more localized but worth monitoring for project pipeline risk. ‘Protect the people’: Climate coalition protests proposed gas power plant in Colleton Co.

Dominion Energy Price Performance

Shares of NYSE D opened at $61.15 on Friday. Dominion Energy Inc. has a 1-year low of $48.07 and a 1-year high of $62.87. The company has a current ratio of 0.84, a quick ratio of 0.65 and a debt-to-equity ratio of 1.41. The stock has a fifty day simple moving average of $59.75 and a two-hundred day simple moving average of $59.78. The firm has a market cap of $52.22 billion, a price-to-earnings ratio of 20.80, a price-to-earnings-growth ratio of 1.65 and a beta of 0.72.

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

Dominion Energy Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Saturday, December 20th. Investors of record on Friday, December 5th were issued a $0.6675 dividend. The ex-dividend date of this dividend was Friday, December 5th. This represents a $2.67 annualized dividend and a yield of 4.4%. Dominion Energy’s dividend payout ratio (DPR) is 90.82%.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on the company. Morgan Stanley lifted their price target on Dominion Energy from $63.00 to $66.00 and gave the company an “equal weight” rating in a research note on Wednesday, October 22nd. Weiss Ratings restated a “hold (c+)” rating on shares of Dominion Energy in a research note on Monday, December 29th. Royal Bank Of Canada restated a “sector perform” rating and set a $70.00 price objective on shares of Dominion Energy in a report on Tuesday, October 28th. JPMorgan Chase & Co. lowered their price target on shares of Dominion Energy from $62.00 to $59.00 and set an “underweight” rating on the stock in a research report on Thursday, December 11th. Finally, BTIG Research assumed coverage on shares of Dominion Energy in a research report on Wednesday, October 22nd. They issued a “neutral” rating for the company. Two analysts have rated the stock with a Buy rating, nine have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of $64.78.

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.