Illinois Municipal Retirement Fund Cuts Holdings in Dominion Energy Inc. $D

Illinois Municipal Retirement Fund cut its holdings in Dominion Energy Inc. (NYSE:D) by 19.0% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 50,297 shares of the utilities provider’s stock after selling 11,808 shares during the quarter. Illinois Municipal Retirement Fund’s holdings in Dominion Energy were worth $3,109,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Motiv8 Investments LLC purchased a new stake in shares of Dominion Energy during the 4th quarter worth $25,000. Triumph Capital Management purchased a new position in shares of Dominion Energy in the 3rd quarter valued at about $28,000. Blueline Advisors LLC acquired a new stake in shares of Dominion Energy in the fourth quarter valued at about $28,000. Costello Asset Management INC lifted its stake in shares of Dominion Energy by 66.7% in the fourth quarter. Costello Asset Management INC now owns 500 shares of the utilities provider’s stock valued at $29,000 after purchasing an additional 200 shares during the period. Finally, Advocate Investing Services LLC purchased a new stake in Dominion Energy during the fourth quarter worth about $29,000. Institutional investors and hedge funds own 73.04% of the company’s stock.

Dominion Energy Stock Performance

Shares of D opened at $71.08 on Monday. Dominion Energy Inc. has a 12-month low of $55.85 and a 12-month high of $72.99. The stock has a market cap of $62.52 billion, a P/E ratio of 21.03 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. The company has a 50-day moving average of $67.76 and a two-hundred day moving average of $64.00.

Dominion Energy (NYSE:D) last released its quarterly earnings results on Friday, May 1st. The utilities provider reported $0.95 EPS for the quarter, beating the consensus estimate 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 for the quarter, compared to analyst estimates of $4.43 billion. During the same period in the prior year, the business earned $0.93 earnings per share. The company’s quarterly revenue was up 23.1% on a year-over-year basis. Dominion Energy has set its FY 2026 guidance at 3.450-3.690 EPS. As a group, research analysts predict that Dominion Energy Inc. will post 3.58 EPS for the current fiscal year.

Dominion Energy Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Saturday, June 20th. Shareholders of record on Friday, May 29th were issued a dividend of $0.6675 per share. This represents a $2.67 dividend on an annualized basis and a yield of 3.8%. The ex-dividend date was Friday, May 29th. Dominion Energy’s dividend payout ratio is 78.99%.

Key Headlines Impacting Dominion Energy

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

• Positive Sentiment: Dominion and NextEra Energy filed regulatory applications for their proposed mega-merger, advancing a deal that could create the world’s largest regulated electric utility. The companies also said customers in Virginia, North Carolina, and South Carolina would receive $2.25 billion in shareholder-funded bill credits, which may help ease regulatory concerns and support the stock. Article Title
• Positive Sentiment: Multiple reports said the merger process is now moving into formal state and federal review, signaling meaningful progress on a transaction that could reshape Dominion’s long-term growth profile and scale. Article Title
• Positive Sentiment: Dominion Energy is also piloting LōD’s grid-responsive AI inference technology in Ashland, Virginia, which fits the company’s push to manage rising power demand from data centers more efficiently. Article Title
• Neutral Sentiment: Traders bought an unusually large number of Dominion call options, suggesting speculation that shares could continue moving higher, but this reflects positioning rather than a confirmed fundamental catalyst.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on D. Truist Financial dropped their target price on shares of Dominion Energy from $67.00 to $66.00 and set a “hold” rating for the company in a report on Friday, May 29th. Mizuho upped their price target on Dominion Energy from $66.00 to $72.00 and gave the stock a “neutral” rating in a report on Tuesday, May 26th. Wall Street Zen downgraded Dominion Energy from a “hold” rating to a “sell” rating in a research note on Saturday, May 16th. Morgan Stanley reduced their price objective on Dominion Energy from $69.00 to $68.00 and set an “equal weight” rating for the company in a report on Tuesday, April 21st. Finally, Barclays decreased their target price on Dominion Energy from $70.00 to $69.00 and set an “overweight” rating on the stock in a research report on Tuesday, June 23rd. Four analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $67.62.

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.