Northwestern Mutual Wealth Management Co. Sells 541,844 Shares of Dominion Energy Inc. $D

Northwestern Mutual Wealth Management Co. reduced its holdings in Dominion Energy Inc. (NYSE:D) by 62.2% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 328,708 shares of the utilities provider’s stock after selling 541,844 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in Dominion Energy were worth $19,259,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of D. Triumph Capital Management bought a new stake in shares of Dominion Energy during the 3rd quarter valued at $28,000. United Community Bank bought a new stake in shares of Dominion Energy during the 3rd quarter valued at $29,000. JPL Wealth Management LLC bought a new stake in shares of Dominion Energy during the 3rd quarter valued at $30,000. Costello Asset Management INC raised its position in shares of Dominion Energy by 66.7% during the 4th 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 during the last quarter. Finally, Cornerstone Planning Group LLC raised its position in shares of Dominion Energy by 5,080.0% during the 4th quarter. Cornerstone Planning Group LLC now owns 518 shares of the utilities provider’s stock valued at $31,000 after acquiring an additional 508 shares during the last quarter. 73.04% of the stock is owned by institutional investors.

Key Dominion Energy News

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

• Positive Sentiment: NextEra’s all-stock deal offers Dominion shareholders 0.8138 NextEra shares for each Dominion share, with articles estimating an implied value in the low-$70s per share, helping lift Dominion’s stock. NextEra Energy and Dominion Energy to Combine, Creating the World’s Largest Regulated Electric Utility Business and North America’s Premier Energy Infrastructure Platform Benefiting Customers
• Positive Sentiment: The merger is being framed as a response to surging power demand from AI and data centers, which could make Dominion’s grid assets more valuable over time and support a stronger long-term growth outlook for the combined company. NextEra Energy to buy Dominion in $66.8 billion US power deal amid AI boom
• Neutral Sentiment: RBC raised its price target on Dominion to $72 while keeping a sector perform rating, suggesting the stock still has room to run but not an outright bullish analyst call. Benzinga report on RBC price target increase
• Neutral Sentiment: Several shareholder law firms have launched investigations into whether the merger price and process were fair, which could add headlines and delay-related uncertainty even if it does not change the deal terms immediately. Dominion Energy Investor Alert: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Dominion Energy, Inc. – D
• Negative Sentiment: The biggest risk to the transaction is regulatory approval, since the deal must clear multiple federal and state agencies and could face scrutiny over potential impacts on electricity bills. The Biggest Challenge of a Utility Megadeal: Regulators

Dominion Energy Stock Up 0.8%

Shares of NYSE:D opened at $68.10 on Wednesday. Dominion Energy Inc. has a 52 week low of $53.36 and a 52 week high of $68.97. The company has a debt-to-equity ratio of 1.38, a quick ratio of 0.61 and a current ratio of 0.78. The company has a market capitalization of $59.89 billion, a PE ratio of 20.15, a PEG ratio of 3.55 and a beta of 0.65. The company has a 50 day moving average price of $62.52 and a two-hundred day moving average price of $61.47.

Dominion Energy (NYSE:D) last issued its earnings results on Friday, May 1st. The utilities provider reported $0.95 EPS for the quarter, beating the consensus estimate of $0.90 by $0.05. Dominion Energy had a net margin of 16.93% and a return on equity of 9.63%. The firm had revenue of $5.02 billion during the quarter, compared to the consensus estimate of $4.43 billion. During the same quarter in the prior year, the firm earned $0.93 earnings per share. The business’s quarterly revenue was up 23.1% on a year-over-year basis. Dominion Energy has set its FY 2026 guidance at 3.450-3.690 EPS. Analysts forecast that Dominion Energy Inc. will post 3.59 earnings per share for the current year.

Dominion Energy Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Saturday, June 20th. Shareholders of record on Friday, May 29th will be paid a $0.6675 dividend. This represents a $2.67 annualized dividend and a yield of 3.9%. The ex-dividend date of this dividend is Friday, May 29th. Dominion Energy’s dividend payout ratio is presently 78.99%.

Wall Street Analysts Forecast Growth

Several brokerages have commented on D. Bank of America upped their target price on shares of Dominion Energy from $63.00 to $65.00 and gave the company a “neutral” rating in a research report on Wednesday, April 15th. Scotiabank upped their target price on shares of Dominion Energy from $63.00 to $67.00 and gave the company a “sector perform” rating in a research report on Monday, March 2nd. Wall Street Zen cut shares of Dominion Energy from a “hold” rating to a “sell” rating in a research report on Saturday. Weiss Ratings reiterated a “buy (b-)” rating on shares of Dominion Energy in a research report on Friday, May 8th. Finally, Mizuho upped their target price on shares of Dominion Energy from $62.00 to $66.00 and gave the company a “neutral” rating in a research report on Tuesday, February 24th. Three investment analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Dominion Energy presently has a consensus rating of “Hold” and an average price target of $66.46.

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.