Waverly Advisors LLC Boosts Stock Holdings in Dominion Energy Inc. $D

Waverly Advisors LLC increased its stake in Dominion Energy Inc. (NYSE:D) by 8.1% during the 2nd quarter, Holdings Channel reports. The fund owned 106,769 shares of the utilities provider’s stock after purchasing an additional 8,021 shares during the quarter. Waverly Advisors LLC’s holdings in Dominion Energy were worth $7,291,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Motiv8 Investments LLC acquired a new position in Dominion Energy during the 4th quarter worth $25,000. Blueline Advisors LLC acquired a new stake in Dominion Energy in the 4th quarter valued at about $28,000. Triumph Capital Management purchased a new position in shares of Dominion Energy in the 3rd quarter valued at about $28,000. Advocate Investing Services LLC purchased a new position in shares of Dominion Energy in the 4th quarter valued at about $29,000. Finally, JPL Wealth Management LLC acquired a new position in shares of Dominion Energy during the third quarter worth about $30,000. 73.04% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on the stock. Barclays cut their target price on shares of Dominion Energy from $70.00 to $69.00 and set an “overweight” rating on the stock in a research note on Tuesday, June 23rd. Seaport Research Partners downgraded shares of Dominion Energy from a “buy” rating to a “hold” rating in a research note on Wednesday, May 20th. Wells Fargo & Company boosted their price target on shares of Dominion Energy from $66.00 to $68.00 and gave the stock an “overweight” rating in a report on Friday, May 15th. TD Cowen raised shares of Dominion Energy from a “hold” rating to a “buy” rating and increased their price objective for the company from $69.00 to $80.00 in a research report on Wednesday, August 19th. Finally, Morgan Stanley reduced their price objective on shares of Dominion Energy from $71.00 to $68.00 and set an “equal weight” rating on the stock in a report on Friday, August 21st. Five research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $69.93.

Dominion Energy Stock Down 1.6%

Shares of NYSE:D opened at $65.16 on Thursday. The firm has a 50 day simple moving average of $68.59 and a 200-day simple moving average of $65.85. Dominion Energy Inc. has a twelve month low of $55.85 and a twelve month high of $72.99. The company has a current ratio of 0.81, a quick ratio of 0.64 and a debt-to-equity ratio of 1.43. The company has a market capitalization of $57.31 billion, a PE ratio of 22.70, a P/E/G ratio of 3.09 and a beta of 0.64.

Dominion Energy (NYSE:D) last posted its earnings results on Friday, July 31st. The utilities provider reported $0.79 EPS for the quarter, beating analysts’ consensus estimates of $0.68 by $0.11. Dominion Energy had a net margin of 13.98% and a return on equity of 9.62%. The firm had revenue of $4.48 billion for the quarter, compared to the consensus estimate of $4.04 billion. During the same period last year, the firm posted $0.75 EPS. The company’s revenue was up 17.6% on a year-over-year basis. Dominion Energy has set its FY 2026 guidance at 3.450-3.690 EPS. On average, equities analysts predict that Dominion Energy Inc. will post 3.57 EPS for the current fiscal year.

Dominion Energy Dividend Announcement

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 4.1%. Dominion Energy’s payout ratio is 93.03%.

Key Dominion Energy News

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

• Positive Sentiment: Shareholders approved the Dominion–NextEra merger. Dominion and NextEra shareholders overwhelmingly backed the transaction, clearing a major corporate hurdle. The combination is expected to create the world’s largest regulated electric utility by market capitalization and could provide greater scale and operating efficiencies. SC utility buyout cleared by Dominion and NextEra shareholders
• Neutral Sentiment: The merger still faces a lengthy regulatory review. Although shareholder approval removes a significant obstacle, state and federal regulators must assess the transaction. Reports indicate that regulators may focus on how the deal affects utility rates, competition and reliability, limiting the near-term certainty of the proposed combination. Shareholder backing for merger, regulatory questions remain
• Neutral Sentiment: Dominion will lower Lake Murray’s water level this fall. The drawdown is expected to continue into 2027, with the company warning boaters about reduced water levels. The move appears operational and seasonal rather than a material change to Dominion’s earnings outlook, but it could generate local attention and customer concerns. Dominion to lower Lake Murray levels
• Negative Sentiment: Potential energy-cost increases are creating public opposition to the merger. Residents and stakeholders have raised concerns that the Dominion–NextEra combination could lead to higher energy bills. Such concerns may increase political and regulatory scrutiny and raise the risk of conditions, delays or concessions before approval. Energy costs a concern as merger is considered
• Negative Sentiment: Analyst sentiment remains cautious. Coverage noted that Dominion has outperformed the broader utility sector over the past year, but analysts remain wary about its valuation and future prospects. The stock’s latest decline was also larger than the general market’s, suggesting investors are focusing on merger risks and limited near-term catalysts. Dominion Energy suffers a larger drop than the general market

Dominion Energy Profile

Dominion Energy, Inc is a regulated energy company headquartered in Richmond, Virginia. Through its utility operations, the company generates, transmits and distributes electricity and provides natural gas service to residential, commercial and industrial customers, primarily in Virginia and South Carolina.

The company’s electric generation portfolio includes nuclear, natural gas, renewable energy and hydroelectric resources. Dominion Energy also operates electric transmission and distribution networks, natural gas distribution systems and related energy infrastructure.