Royal Bank of Canada Sells 317,074 Shares of Dominion Energy Inc. $D

Royal Bank of Canada cut its stake in shares of Dominion Energy Inc. (NYSE:D) by 7.2% in the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 4,066,193 shares of the utilities provider’s stock after selling 317,074 shares during the quarter. Royal Bank of Canada’s holdings in Dominion Energy were worth $251,372,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Motiv8 Investments LLC acquired a new stake in shares of Dominion Energy during the 4th quarter worth about $25,000. Triumph Capital Management acquired a new position in Dominion Energy in the third quarter valued at about $28,000. Blueline Advisors LLC acquired a new position in Dominion Energy in the fourth quarter valued at about $28,000. JPL Wealth Management LLC bought a new stake in Dominion Energy during the third quarter worth about $30,000. Finally, Costello Asset Management INC increased its holdings in shares of Dominion Energy by 66.7% during the fourth quarter. Costello Asset Management INC now owns 500 shares of the utilities provider’s stock worth $29,000 after buying an additional 200 shares in the last quarter. Institutional investors and hedge funds own 73.04% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have recently issued reports on the stock. Morgan Stanley cut their target price on shares of Dominion Energy from $69.00 to $68.00 and set an “equal weight” rating for the company in a research note on Tuesday, April 21st. Wells Fargo & Company raised their price target on Dominion Energy from $66.00 to $68.00 and gave the company an “overweight” rating in a report on Friday, May 15th. Seaport Research Partners downgraded Dominion Energy from a “buy” rating to a “hold” rating in a research report on Wednesday, May 20th. Royal Bank Of Canada boosted their price objective on Dominion Energy from $66.00 to $72.00 and gave the stock a “sector perform” rating in a research note on Tuesday, May 19th. Finally, BMO Capital Markets increased their target price on Dominion Energy from $64.00 to $70.00 and gave the stock a “market perform” rating in a report on Wednesday, July 22nd. Four equities research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, Dominion Energy presently has a consensus rating of “Hold” and a consensus target price of $68.00.

Dominion Energy Trading Down 0.1%

Shares of NYSE D opened at $70.54 on Thursday. Dominion Energy Inc. has a 1-year low of $55.85 and a 1-year high of $72.99. The company has a 50-day moving average of $68.74 and a two-hundred day moving average of $64.69. The company has a market cap of $62.04 billion, a PE ratio of 20.87 and a beta of 0.65. 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 (NYSE:D) last issued its quarterly earnings results on Friday, May 1st. The utilities provider reported $0.95 earnings per share for the quarter, beating analysts’ consensus estimates of $0.90 by $0.05. Dominion Energy had a net margin of 16.93% and a return on equity of 9.63%. The business had revenue of $5.02 billion during the quarter, compared to analyst estimates of $4.43 billion. During the same quarter last year, the business posted $0.93 earnings per share. Dominion Energy’s revenue for the quarter 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 expect that Dominion Energy Inc. will post 3.57 earnings per share for the current fiscal year.

Dominion Energy Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Sunday, September 20th. Stockholders of record on Friday, September 4th will be given a dividend of $0.6675 per share. The ex-dividend date is Friday, September 4th. This represents a $2.67 dividend on an annualized basis and a dividend yield of 3.8%. Dominion Energy’s payout ratio is presently 78.99%.

Dominion Energy News Summary

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

• Positive Sentiment: New gas-fired generation could support future growth. Dominion plans to build a natural-gas power plant at its Mt. Storm facility in West Virginia. The project is intended to serve Virginia customers and the PJM grid, potentially helping meet rising electricity demand from data centers and supporting long-term rate-base growth. Dominion Energy to build new gas fired power plant at Mt. Storm
• Positive Sentiment: Dominion maintained its dividend. The board declared a quarterly dividend of $0.6675 per share, payable September 20 to shareholders of record September 4. The payment represents an annualized yield of approximately 3.8% and marks the 394th consecutive dividend paid by Dominion or its predecessor, reinforcing the stock’s income appeal. Dominion Energy Declares Quarterly Dividend of 66.75 Cents
• Neutral Sentiment: Power-demand growth remains a key catalyst, but second-quarter results are still ahead. Analysts expect Dominion’s upcoming earnings to benefit from higher revenue expectations, approved rates and load growth, while operating costs could weigh on results. The company’s existing 2026 EPS guidance is $3.45-$3.69. Dominion Energy to Report Q2 Earnings
• Negative Sentiment: The proposed NextEra Energy combination faces additional scrutiny. New review and criticism surrounding the merger could delay approval, raise execution risk or reduce the certainty of the roughly $67 billion transaction. Because the deal is central to Dominion’s strategic outlook, investors may be cautious until regulatory and community concerns are resolved. Dominion merger review draws new scrutiny
• Negative Sentiment: Local opposition could complicate data-center-related expansion. Fairfax County residents challenged Dominion’s proposal tied to growing data-center demand, highlighting potential permitting, reliability and cost concerns. Resistance could slow load-growth projects or increase regulatory and infrastructure costs. Residents grill Dominion Energy over Fairfax County data center proposal

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.