Nwam LLC Sells 12,844 Shares of Dominion Energy Inc. $D

Nwam LLC lowered its position in Dominion Energy Inc. (NYSE:D) by 63.9% in the 2nd quarter, Holdings Channel reports. The institutional investor owned 7,260 shares of the utilities provider’s stock after selling 12,844 shares during the period. Nwam LLC’s holdings in Dominion Energy were worth $496,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in the business. Bryn Mawr Trust Advisors LLC bought a new position in Dominion Energy during the 2nd quarter worth approximately $7,346,000. Ausbil Investment Management Ltd bought a new stake in Dominion Energy in the second quarter valued at approximately $4,603,000. Florida Trust Wealth Management Co boosted its stake in shares of Dominion Energy by 51.6% during the second quarter. Florida Trust Wealth Management Co now owns 67,185 shares of the utilities provider’s stock valued at $4,588,000 after purchasing an additional 22,870 shares during the period. North Dakota State Investment Board purchased a new stake in shares of Dominion Energy during the fourth quarter valued at approximately $1,715,000. Finally, Oppenheimer Asset Management Inc. bought a new position in shares of Dominion Energy in the second quarter worth approximately $7,645,000. 73.04% of the stock is owned by hedge funds and other institutional investors.

More Dominion Energy News

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

• Positive Sentiment: Dominion Energy shareholders approved the merger with NextEra by approximately 98%, with 671.32 million votes cast in favor. The strong mandate improves deal certainty and could support the stock by bringing Dominion closer to the transaction’s completion. Dominion Energy secures shareholder approval for merger with NextEra
• Positive Sentiment: Multiple reports confirmed that both Dominion and NextEra shareholders easily approved the combination, reinforcing expectations that the companies will continue pursuing the proposed merger. Dominion Energy, NextEra shareholders easily approve merger deal
• Neutral Sentiment: Arlington County plans to intervene in the merger review, citing concerns about rising electric bills. The action does not necessarily prevent the transaction but could lead to additional scrutiny, conditions, or delays from regulators. Arlington County intervenes in Dominion-NextEra merger review
• Negative Sentiment: Customer advocates and Virginia officials are raising concerns about higher energy costs as the merger review proceeds. Increased political and regulatory opposition could complicate approval terms and weigh on the transaction timeline. Advocacy group seeks answers in Dominion merger
• Negative Sentiment: Dominion Power proposed a rate increase to recover roughly $922 million in fuel costs. Although recovering these expenses could support cash flow, the request risks further customer backlash and regulatory resistance amid already elevated bills. Dominion Power proposes price hike to recover fuel costs
• Negative Sentiment: Reports of repeated outages in the Richmond area and opposition to Dominion’s proposed Church Creek transmission project highlight service-quality and infrastructure concerns. These issues may increase reputational pressure and scrutiny of future capital projects. Richmond customer criticizes Dominion Energy outages

Dominion Energy Stock Performance

NYSE:D opened at $66.70 on Friday. The company has a quick ratio of 0.64, a current ratio of 0.81 and a debt-to-equity ratio of 1.43. The firm’s fifty day simple moving average is $68.83 and its 200 day simple moving average is $65.84. The stock has a market cap of $58.66 billion, a P/E ratio of 23.24, a price-to-earnings-growth ratio of 3.08 and a beta of 0.64. Dominion Energy Inc. has a twelve month low of $55.85 and a twelve month high of $72.99.

Dominion Energy (NYSE:D) last issued its quarterly earnings data on Friday, July 31st. The utilities provider reported $0.79 EPS for the quarter, topping the consensus estimate of $0.68 by $0.11. The business had revenue of $4.48 billion during the quarter, compared to analyst estimates of $4.04 billion. Dominion Energy had a net margin of 13.98% and a return on equity of 9.62%. The company’s revenue for the quarter was up 17.6% on a year-over-year basis. During the same period in the prior year, the business earned $0.75 EPS. Dominion Energy has set its FY 2026 guidance at 3.450-3.690 EPS. As a group, research analysts predict that Dominion Energy Inc. will post 3.57 EPS for the current year.

Dominion Energy Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Sunday, September 20th. Shareholders of record on Friday, September 4th will be issued a $0.6675 dividend. The ex-dividend date is Friday, September 4th. This represents a $2.67 annualized dividend and a yield of 4.0%. Dominion Energy’s dividend payout ratio (DPR) is 93.03%.

Wall Street Analyst Weigh In

D has been the topic of several analyst reports. TD Cowen raised shares of Dominion Energy from a “hold” rating to a “buy” rating and lifted their target price for the stock from $69.00 to $80.00 in a research note on Wednesday, August 19th. Wall Street Zen lowered shares of Dominion Energy from a “hold” rating to a “sell” rating in a report on Saturday, May 16th. Morgan Stanley decreased their price objective on shares of Dominion Energy from $71.00 to $68.00 and set an “equal weight” rating on the stock in a research report on Friday, August 21st. Jefferies Financial Group raised shares of Dominion Energy from a “hold” rating to a “buy” rating and upped their price objective for the company from $65.00 to $76.00 in a research note on Thursday, May 28th. Finally, Wells Fargo & Company increased their target price on shares of Dominion Energy from $66.00 to $68.00 and gave the stock an “overweight” rating in a report on Friday, May 15th. Five investment analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, Dominion Energy presently has an average rating of “Hold” and an average target price of $69.93.

Dominion Energy 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.