Northwestern Mutual Wealth Management Co. Sells 9,104 Shares of Dominion Energy Inc. $D

Northwestern Mutual Wealth Management Co. decreased its position in Dominion Energy Inc. (NYSE:D) by 8.2% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 101,559 shares of the utilities provider’s stock after selling 9,104 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in Dominion Energy were worth $6,935,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Motiv8 Investments LLC purchased a new stake in shares of Dominion Energy in the 4th quarter valued at about $25,000. Blueline Advisors LLC bought a new position in shares of Dominion Energy in the fourth quarter worth approximately $28,000. Triumph Capital Management bought a new position in shares of Dominion Energy during the third quarter valued at about $28,000. Costello Asset Management INC raised its holdings in shares of Dominion Energy by 66.7% during the fourth quarter. Costello Asset Management INC now owns 500 shares of the utilities provider’s stock valued at $29,000 after acquiring an additional 200 shares in the last quarter. Finally, Advocate Investing Services LLC purchased a new position in shares of Dominion Energy during the fourth quarter valued at about $29,000. Hedge funds and other institutional investors own 73.04% of the company’s stock.

Dominion Energy Trading Down 0.4%

Shares of NYSE:D 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. Dominion Energy Inc. has a 12-month low of $55.85 and a 12-month high of $72.99. The business has a 50 day moving average of $68.89 and a two-hundred day moving average of $65.84. The company 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) last posted its quarterly earnings data on Friday, July 31st. The utilities provider reported $0.79 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.68 by $0.11. Dominion Energy had a net margin of 13.98% and a return on equity of 9.62%. The business 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 earnings per share. The company’s 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. As a group, analysts forecast that Dominion Energy Inc. will post 3.57 EPS for the current year.

Dominion Energy Dividend Announcement

The business also recently announced 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 annualized dividend and a yield of 4.0%. The ex-dividend date of this dividend is Friday, September 4th. Dominion Energy’s payout ratio is presently 93.03%.

Dominion Energy News Roundup

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

Analyst Ratings Changes

A number of research analysts have issued reports on D shares. Morgan Stanley lowered their price objective on Dominion Energy from $71.00 to $68.00 and set an “equal weight” rating for the company in a research note on Friday, August 21st. UBS Group set a $80.00 price target on Dominion Energy in a research report on Wednesday, August 19th. Barclays lowered their price objective on Dominion Energy from $70.00 to $69.00 and set an “overweight” rating on the stock in a research report on Tuesday, June 23rd. Jefferies Financial Group raised shares of Dominion Energy from a “hold” rating to a “buy” rating and increased their price objective for the company from $65.00 to $76.00 in a report on Thursday, May 28th. Finally, BMO Capital Markets upped their price target on shares of Dominion Energy from $64.00 to $70.00 and gave the company a “market perform” rating in a research note on Wednesday, July 22nd. Five investment analysts have rated the stock with a Buy rating, nine have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $69.93.

Dominion Energy Company Profile

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.