Northwestern Mutual Wealth Management Co. lessened its stake in shares of Dominion Energy Inc. (NYSE:D – Free Report) by 8.2% during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 101,559 shares of the utilities provider’s stock after selling 9,104 shares during the quarter. Northwestern Mutual Wealth Management Co.’s holdings in Dominion Energy were worth $6,935,000 at the end of the most recent reporting period.
Several other large investors have also recently added to or reduced their stakes in D. Motiv8 Investments LLC acquired a new position in shares of Dominion Energy in the 4th quarter valued at about $25,000. Blueline Advisors LLC acquired a new position in Dominion Energy in the fourth quarter worth about $28,000. Triumph Capital Management bought a new stake in Dominion Energy during the third quarter valued at $28,000. Costello Asset Management INC lifted its holdings in shares of Dominion Energy by 66.7% in the 4th quarter. Costello Asset Management INC now owns 500 shares of the utilities provider’s stock worth $29,000 after purchasing an additional 200 shares during the last quarter. Finally, Advocate Investing Services LLC acquired a new stake in shares of Dominion Energy in the fourth quarter valued at approximately $29,000. 73.04% of the stock is currently owned by hedge funds and other institutional investors.
Wall Street Analysts Forecast Growth
D has been the subject of a number of research analyst reports. Mizuho upped their price target on shares of Dominion Energy from $66.00 to $72.00 and gave the company a “neutral” rating in a report on Tuesday, May 26th. TD Cowen upgraded shares of Dominion Energy from a “hold” rating to a “buy” rating and lifted their target price for the company from $69.00 to $80.00 in a research note on Wednesday, August 19th. Royal Bank Of Canada boosted their target price on shares of Dominion Energy from $66.00 to $72.00 and gave the stock a “sector perform” rating in a research report on Tuesday, May 19th. Barclays cut their price target on Dominion Energy from $70.00 to $69.00 and set an “overweight” rating for the company in a report on Tuesday, June 23rd. Finally, BMO Capital Markets lifted their price objective on Dominion Energy from $64.00 to $70.00 and gave the company a “market perform” rating in a report on Wednesday, July 22nd. Five investment analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, Dominion Energy currently has an average rating of “Hold” and an average target price of $69.93.
Dominion Energy Stock Down 0.4%
D stock opened at $66.10 on Thursday. 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 business’s 50 day simple moving average is $68.89 and its 200 day simple moving average is $65.84. Dominion Energy Inc. has a 1-year low of $55.85 and a 1-year high of $72.99. The firm has a market capitalization of $58.14 billion, a PE ratio of 23.03, a PEG ratio of 3.10 and a beta of 0.64.
Dominion Energy (NYSE:D – Get Free Report) last posted its quarterly earnings results on Friday, July 31st. The utilities provider reported $0.79 EPS for the quarter, topping analysts’ consensus estimates of $0.68 by $0.11. Dominion Energy had a return on equity of 9.62% and a net margin of 13.98%.The company had revenue of $4.48 billion during the quarter, compared to analysts’ expectations of $4.04 billion. During the same quarter in the previous year, the firm earned $0.75 EPS. Dominion Energy’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. As a group, research analysts anticipate that Dominion Energy Inc. will post 3.57 EPS for the current year.
Dominion Energy Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Sunday, September 20th. Investors of record on Friday, September 4th will be paid a dividend of $0.6675 per share. This represents a $2.67 dividend on an annualized basis and a dividend yield of 4.0%. The ex-dividend date is Friday, September 4th. Dominion Energy’s payout ratio is presently 93.03%.
Key Dominion Energy News
Here are the key news stories impacting Dominion Energy this week:
- Positive Sentiment: Dominion is advancing the Coastal Virginia Offshore Wind South project, laying groundwork for additional renewable generation capacity near Virginia Beach. The project could support long-term rate-base growth, although it will require regulatory approvals and substantial capital investment. Dominion lays groundwork for CVOW South
- Positive Sentiment: Dominion’s proposed rate increase will move into public hearings next month. Approval would improve the utility’s ability to recover infrastructure and operating costs and could support earnings growth, though higher customer bills may intensify political opposition. Public hearings on Dominion Energy’s rate hike request
- Neutral Sentiment: Dominion and local firefighters urged Lowcountry residents to prepare for severe weather. The announcement highlights the company’s storm-readiness and reliability efforts but is unlikely to materially affect near-term valuation. Dominion Energy, Hardeeville firefighters urge preparation
- Neutral Sentiment: Dominion’s high dividend yield continues to appeal to income-oriented investors amid market uncertainty. That support is balanced by the company’s elevated leverage and the possibility that regulatory or merger developments could affect future capital allocation. High-dividend utilities stocks
- Negative Sentiment: Virginia lawmakers are requesting a special legislative session to review the proposed Dominion-NextEra merger, while a South Carolina-owned utility is seeking to intervene. Additional scrutiny could delay the transaction, impose conditions, or reduce expected strategic benefits, weighing on investor confidence. Lawmakers call for special session South Carolina utility seeks intervention
- Negative Sentiment: A listening tour focused on energy costs underscores public concern over affordability and Dominion’s proposed rate increases. Heightened customer and political resistance could make regulatory approval more difficult or limit the size of any permitted increase. Energy costs listening tour
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.
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