Dominion Energy Dips 0.29% as High-Volume Rank Slides to 497th Amid Institutional Shuffling and Analyst Caution

On August 12, 2025, Dominion Energy (D) traded down 0.29% with a daily volume of $210 million, ranking 497th in market activity. The utility reported Q2 earnings of $0.75 per share, missing estimates by $0.02, though revenue rose 9.3% year-over-year to $3.81 billion. The company reaffirmed its quarterly dividend of $0.6675, yielding 4.3% annually, and announced the ex-dividend date for September 5.

Institutional investors adjusted stakes in the stock during Q1. Longfellow Investment Management and Meridian Wealth Management increased holdings by 42.1% and 6.9%, respectively, while Aigen Investment Management reduced its position by 39.6%. Institutional ownership remains at 73.04% of the float. Analysts have maintained a cautious stance, with JPMorgan raising its price target to $56 and Morgan Stanley setting an "equal weight" rating. The stock currently holds a consensus "Hold" rating with a $59.14 price target.

Recent backtesting of a high-volume trading strategy showed mixed results. Buying the top 500 stocks by daily volume and holding for one day generated a $2,550 profit from 2022 to 2025. However, the approach faced a maximum drawdown of -15.2% on October 27, 2022, highlighting significant volatility despite overall gains.