NEOS Investment Management LLC Acquires 33,511 Shares of Dominion Energy Inc. $D

NEOS Investment Management LLC boosted its stake in Dominion Energy Inc. (NYSE:D) by 42.5% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 112,337 shares of the utilities provider’s stock after purchasing an additional 33,511 shares during the period. NEOS Investment Management LLC’s holdings in Dominion Energy were worth $6,872,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. CoreFirst Bank & Trust bought a new position in shares of Dominion Energy in the 2nd quarter worth about $25,000. Westside Investment Management Inc. grew its stake in shares of Dominion Energy by 123.3% in the 2nd quarter. Westside Investment Management Inc. now owns 469 shares of the utilities provider’s stock valued at $27,000 after buying an additional 259 shares during the period. United Community Bank bought a new stake in shares of Dominion Energy during the third quarter valued at approximately $29,000. Hanson & Doremus Investment Management acquired a new position in Dominion Energy during the third quarter worth $31,000. Finally, Twin Peaks Wealth Advisors LLC acquired a new stake in shares of Dominion Energy in the 2nd quarter worth about $32,000. Institutional investors own 73.04% of the company’s stock.

Dominion Energy Stock Down 1.6%

D stock opened at $64.58 on Thursday. The company’s 50 day moving average is $60.51 and its 200 day moving average is $60.50. 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 market cap of $55.15 billion, a price-to-earnings ratio of 21.97, a price-to-earnings-growth ratio of 1.78 and a beta of 0.71. Dominion Energy Inc. has a 1-year low of $48.07 and a 1-year high of $67.57.

Dominion Energy Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 20th. Investors of record on Friday, February 27th will be issued a dividend of $0.6675 per share. This represents a $2.67 dividend on an annualized basis and a dividend yield of 4.1%. The ex-dividend date of this dividend is Friday, February 27th. Dominion Energy’s dividend payout ratio (DPR) is currently 90.82%.

Analyst Ratings Changes

A number of equities analysts have issued reports on D shares. Barclays cut their price target on Dominion Energy from $64.00 to $63.00 and set an “overweight” rating for the company in a research note on Thursday, January 22nd. JPMorgan Chase & Co. decreased their target price on Dominion Energy from $62.00 to $59.00 and set an “underweight” rating for the company in a research report on Thursday, December 11th. TD Cowen assumed coverage on shares of Dominion Energy in a research note on Friday, January 9th. They set a “hold” rating and a $65.00 price target for the company. Weiss Ratings upgraded Dominion Energy from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday, February 9th. Finally, BMO Capital Markets dropped their target price on Dominion Energy from $67.00 to $65.00 and set a “market perform” rating on the stock in a research report on Monday, November 3rd. Three analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, Dominion Energy presently has an average rating of “Hold” and an average target price of $64.33.

Trending Headlines about Dominion Energy

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

• Positive Sentiment: PJM transmission approval improves visibility on major transmission buildouts and supports a higher regulated asset base and valuation for Dominion, a near-term catalyst for earnings and rate-base growth. Assessing Dominion Energy (D) Valuation After Major PJM Transmission Approval
• Positive Sentiment: Virginia SCC revived the Chesterfield gas plant’s air-permit appeal, putting the $1.47B gas plant proposal back on track — a large capital project that increases near-term spending and long-term rate base. That should support future regulated returns if construction proceeds. Dominion $1.47B gas plant proposal back on track in Chesterfield
• Positive Sentiment: Dominion is positioning for massive data-center load growth (reporting preparation for up to 70,000 MW demand in Virginia). Large incremental load offers a pathway to higher regulated revenues and multi-year contracted growth if the company secures customers. Dominion prepares for 70,000 MW in data center demand
• Neutral Sentiment: Analyst projections ahead of Q4 results provide guidance on key metrics (revenue, regulated earnings, capex outlook); these estimates set the bar for the upcoming earnings release and could magnify moves if actuals diverge. What Analyst Projections for Key Metrics Reveal About Dominion Energy (D) Q4 Earnings
• Negative Sentiment: Consumer complaints about rising energy bills are getting media attention and could prompt political or regulatory pressure (rate-case scrutiny, public hearings). That public backlash is a downside risk for near-term regulatory outcomes and sentiment. ‘Out of control’: Dominion Energy customers speak out about rising energy bills in the Valley (5 pm)
• Negative Sentiment: Shares recently declined even as the broader market improved, reflecting investor caution around regulatory news, rate-case risk, and near-term execution on big projects; watch next earnings and regulatory filings for confirmation. Dominion Energy (D) Stock Declines While Market Improves: Some Information for 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.