Northwestern Mutual Wealth Management Co. Invests $6.93 Million in Dominion Energy Inc. $D

Key Points

• Northwestern Mutual Wealth Management initiated a $6.93 million position in Dominion Energy, purchasing 101,559 shares during the second quarter. Institutional investors collectively own 73.04% of the utility.
• Dominion reported stronger-than-expected quarterly results, with EPS of $0.79 versus the $0.68 consensus estimate and revenue up 17.6% year over year to $4.48 billion.
• The stock offers a quarterly dividend of $0.6675, or $2.67 annually, yielding about 4.0%. Analysts maintain a consensus “Hold” rating, while regulatory and political scrutiny of the proposed NextEra transaction remains a key risk.

Northwestern Mutual Wealth Management Co. purchased a new stake in shares of Dominion Energy Inc. (NYSE:D - Free Report) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 101,559 shares of the utilities provider's stock, valued at approximately $6,935,000.

Several other institutional investors and hedge funds have also recently made changes to their positions in D. Motiv8 Investments LLC bought a new position in Dominion Energy during the 4th quarter worth about $25,000. Blueline Advisors LLC purchased a new position in Dominion Energy during the 4th quarter valued at about $28,000. Triumph Capital Management bought a new stake in shares of Dominion Energy in the 3rd quarter valued at about $28,000. Costello Asset Management INC raised 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 valued at $29,000 after purchasing an additional 200 shares in the last quarter. Finally, Advocate Investing Services LLC purchased a new stake in shares of Dominion Energy in the 4th quarter worth approximately $29,000. 73.04% of the stock is currently owned by institutional investors.

Trending Headlines about Dominion Energy

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

• Positive Sentiment: TD Cowen upgraded Dominion Energy, citing what it views as favorable odds for the NextEra transaction and additional upside potential. TD Cowen Just Upgraded Dominion Energy. Here's Why.
• Positive Sentiment: Dominion said it expects to receive a refund related to tariffs imposed during the Trump administration. The reimbursement could provide a modest cash-flow benefit. Dominion says they’re getting a Trump Tariff refund
• Neutral Sentiment: Morgan Stanley lowered its Dominion price target from $71 to $68 and assigned an “equal weight” rating. The revised target still implies limited upside, but the reduction signals more cautious expectations. Morgan Stanley lowers Dominion Energy price target
• Neutral Sentiment: Analysts collectively maintain a “Hold” consensus rating, suggesting Wall Street sees a relatively balanced risk-reward profile. Dominion Energy receives consensus Hold rating
• Negative Sentiment: The proposed NextEra merger continues to face political and regulatory scrutiny. Virginia, Maine and Massachusetts officials have raised concerns about competition and potential increases in energy costs, while South Carolina regulators are examining the transaction timeline. These objections could delay approval, increase required concessions or reduce the deal’s expected benefits. Maine governor raises concerns about NextEra-Dominion merger
• Negative Sentiment: Local homeowners are opposing a Dominion power-line project, citing potentially significant costs and property impacts. The dispute adds reputational and permitting risk, although its direct financial effect remains unclear. Ashburn homeowners oppose Dominion power line

Dominion Energy Stock Up 0.1%

NYSE:D opened at $66.64 on Monday. Dominion Energy Inc. has a fifty-two week low of $55.85 and a fifty-two week high of $72.99. The stock has a market capitalization of $58.61 billion, a P/E ratio of 23.22 and a beta of 0.65. The company has a debt-to-equity ratio of 1.43, a quick ratio of 0.64 and a current ratio of 0.81. The company's 50-day simple moving average is $69.22 and its 200-day simple moving average is $65.65.

Dominion Energy (NYSE:D - Get Free Report) last posted 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. Dominion Energy had a net margin of 13.98% and a return on equity of 9.62%. The firm had revenue of $4.48 billion during the quarter, compared to analyst estimates of $4.04 billion. During the same quarter in the previous year, the business posted $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. On average, equities analysts anticipate that Dominion Energy Inc. will post 3.57 earnings per share for the current fiscal year.

Dominion Energy Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Sunday, September 20th. Stockholders of record on Friday, September 4th will be given a dividend of $0.6675 per share. The ex-dividend date of this dividend is Friday, September 4th. This represents a $2.67 dividend on an annualized basis and a dividend yield of 4.0%. Dominion Energy's dividend payout ratio is presently 93.03%.

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on D shares. Wall Street Zen downgraded shares of Dominion Energy from a "hold" rating to a "sell" rating in a research note on Saturday, May 16th. Mizuho upped their target price on Dominion Energy from $66.00 to $72.00 and gave the stock a "neutral" rating in a report on Tuesday, May 26th. Royal Bank Of Canada upped their target price on Dominion Energy from $66.00 to $72.00 and gave the stock a "sector perform" rating in a report on Tuesday, May 19th. BMO Capital Markets lifted their price target on Dominion Energy from $64.00 to $70.00 and gave the company a "market perform" rating in a report on Wednesday, July 22nd. Finally, Jefferies Financial Group raised Dominion Energy from a "hold" rating to a "buy" rating and boosted their price target for the stock from $65.00 to $76.00 in a research report on Thursday, May 28th. Five research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus 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.

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