Bank of America Increases Stake in Dominion Energy

Bank of America Corp DE now owns 1.72% of Dominion Energy's shares

Mar. 17, 2026 at 7:35am

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Bank of America Corp DE increased its stake in Dominion Energy Inc. (NYSE:D) by 3.0% in the 3rd quarter, according to the company's recent SEC filing. The firm now owns 14,678,283 shares of the utilities provider's stock, worth $897,871,000, after buying an additional 422,971 shares during the period.

Why it matters

Dominion Energy is a major utility provider, and changes in large institutional investors' holdings can signal shifts in market sentiment around the company. Bank of America's increased stake suggests confidence in Dominion's long-term prospects.

The details

Bank of America Corp DE now owns 1.72% of Dominion Energy's outstanding shares after the 3.0% increase in its position during the 3rd quarter. The firm added 422,971 shares to its existing holdings of 14,255,312 shares. Dominion Energy is a diversified energy company that operates regulated electricity and natural gas utilities, as well as energy infrastructure businesses.

  • Bank of America increased its Dominion Energy stake in the 3rd quarter of 2026.

The players

Bank of America Corp DE

A major American multinational investment bank and financial services company.

Dominion Energy Inc.

A diversified energy company that operates regulated electricity and natural gas utilities, as well as energy infrastructure businesses.

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The takeaway

Bank of America's increased stake in Dominion Energy suggests the investment firm sees long-term value in the utility company, which operates critical energy infrastructure in multiple states.