First Citizens Bank & Trust Co. Acquires 8,464 Shares of Dominion Energy Inc. $D

17 Oct 2026, 03:45 by Amy Steele · The Cerbat Gem

First Citizens Bank & Trust Co. increased its holdings in shares of Dominion Energy Inc. (NYSE:D – Free Report) by 175.5% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 13,287 shares of the utilities provider’s stock after purchasing an additional 8,464 shares during the period. First Citizens Bank & Trust Co.’s holdings in Dominion Energy were worth $804,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently bought and sold shares of D. Cornerstone Planning LLC grew its stake in Dominion Energy by 0.9% during the second quarter. Cornerstone Planning LLC now owns 17,280 shares of the utilities provider’s stock worth $1,180,000 after buying an additional 157 shares during the last quarter. Arlington Trust Co LLC raised its position in Dominion Energy by 47.1% in the 2nd quarter. Arlington Trust Co LLC now owns 500 shares of the utilities provider’s stock valued at $34,000 after purchasing an additional 160 shares during the last quarter. Navalign LLC raised its holdings in shares of Dominion Energy by 1.2% in the first quarter. Navalign LLC now owns 14,229 shares of the utilities provider’s stock valued at $880,000 after buying an additional 162 shares during the last quarter. Premier Path Wealth Partners LLC lifted its position in Dominion Energy by 1.7% during the 2nd quarter. Premier Path Wealth Partners LLC now owns 9,795 shares of the utilities provider’s stock worth $669,000 after buying an additional 168 shares in the last quarter. Finally, Turtle Creek Wealth Advisors LLC lifted its position in Dominion Energy by 4.1% during the 2nd quarter. Turtle Creek Wealth Advisors LLC now owns 4,648 shares of the utilities provider’s stock worth $317,000 after buying an additional 184 shares in the last quarter. 73.04% of the stock is owned by institutional investors.

Dominion Energy Stock Up 1.2%

Shares of Dominion Energy stock opened at $63.61 on Friday. The business’s 50 day simple moving average is $64.47 and its 200 day simple moving average is $65.79. Dominion Energy Inc. has a 52-week low of $55.85 and a 52-week high of $72.99. The firm has a market cap of $55.95 billion, a PE ratio of 18.06, a P/E/G ratio of 2.92 and a beta of 0.64. The company has a debt-to-equity ratio of 1.43, a quick ratio of 0.64 and a current ratio of 0.81.

Dominion Energy (NYSE:D – Get Free Report) last released its earnings results on Friday, July 31st. The utilities provider reported $0.79 EPS for the quarter, beating the consensus estimate of $0.68 by $0.11. Dominion Energy had a return on equity of 9.62% and a net margin of 13.98%. The firm had revenue of $4.48 billion for the quarter, compared to analysts’ expectations of $4.04 billion. During the same quarter in the previous year, the business posted $0.75 EPS. The business’s quarterly revenue was up 17.6% compared to the same quarter last year. Dominion Energy has set its FY 2026 guidance at 3.450-3.690 EPS. On average, analysts predict that Dominion Energy Inc. will post 3.59 earnings per share for the current fiscal year.

Dominion Energy Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Sunday, September 20th. Investors of record on Friday, September 4th were issued a dividend of $0.6675 per share. The ex-dividend date was Friday, September 4th. This represents a $2.67 annualized dividend and a yield of 4.2%. Dominion Energy’s dividend payout ratio is presently 93.03%.

Key Stories Impacting Dominion Energy

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

Positive Sentiment: Analysts expect Dominion Energy’s third-quarter 2026 earnings to rise by double digits, and Zacks highlighted the company’s history of earnings surprises and current conditions that could support another beat. Will Dominion Energy Beat Estimates Again
Positive Sentiment: KeyCorp raised its Dominion Energy EPS forecasts for full-year 2026, 2029 and 2030, including a modest increase in its 2030 estimate to $4.61. Its revised 2026 forecast of $3.58 is near the broader consensus of $3.59. KeyCorp Dominion Energy Earnings Estimates
Positive Sentiment: Dominion’s approximately 4.3% dividend yield remains a key attraction for income-oriented investors and compares favorably in the long-term dividend-stock discussion with WEC Energy. Dominion vs. WEC Energy Dividend Comparison
Neutral Sentiment: KeyCorp’s revisions were mixed: its Q3 2026 EPS estimate fell to $1.23 from $1.42, while its Q4 estimate increased to $0.62 from $0.53. The changes do not materially alter the full-year outlook but may increase attention on the upcoming earnings release. Dominion Energy Q3 Earnings Expectations
Positive Sentiment: Charleston officials advanced an updated agreement intended to streamline underground power-line projects, potentially supporting infrastructure execution and local reliability goals. Updated Dominion Agreement
Negative Sentiment: South Carolina lawmakers questioned customer protections and requested answers related to the proposed $67 billion NextEra-Dominion merger. Political scrutiny and uncertainty over regulatory conditions could weigh on the stock until the transaction’s terms and approvals become clearer. NextEra Dominion Merger Criticism

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on the company. Morgan Stanley lowered their target price on Dominion Energy from $68.00 to $66.00 and set an “equal weight” rating for the company in a research note on Friday, September 18th. Barclays reduced their price objective 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. Wells Fargo & Company raised shares of Dominion Energy to a “strong-buy” rating in a report on Thursday, September 24th. Scotiabank dropped their target price on shares of Dominion Energy from $67.00 to $63.00 and set a “sector perform” rating for the company in a research report on Wednesday, September 30th. Finally, Weiss Ratings downgraded Dominion Energy from a “buy (b)” rating to a “buy (b-)” rating in a report on Thursday, October 8th. One equities research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, nine have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, Dominion Energy has a consensus rating of “Hold” and a consensus target price of $69.87.

View Our Latest Research Report on Dominion Energy

Dominion Energy Profile

(Free Report)

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

Dominion Energy’s primary electric utility operations serve customers in Virginia and northeastern North Carolina. The company also operates Dominion Energy South Carolina, which provides electric and natural gas services in South Carolina.