The Manufacturers Life Insurance Company Has $73.58 Million Stock Holdings in Dominion Energy Inc. $D

The Manufacturers Life Insurance Company increased its position in shares of Dominion Energy Inc. (NYSE:D) by 1.8% in the 2nd quarter, Holdings Channel.com reports. The fund owned 1,077,536 shares of the utilities provider’s stock after buying an additional 18,810 shares during the quarter. The Manufacturers Life Insurance Company’s holdings in Dominion Energy were worth $73,585,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. BlackRock Inc. purchased a new position in Dominion Energy in the second quarter valued at about $4,986,439,000. California State Teachers Retirement System raised its stake in shares of Dominion Energy by 6,985.1% during the 2nd quarter. California State Teachers Retirement System now owns 69,835,266 shares of the utilities provider’s stock worth $4,769,050,000 after purchasing an additional 68,849,598 shares in the last quarter. Capital Research Global Investors lifted its holdings in shares of Dominion Energy by 9.0% during the 4th quarter. Capital Research Global Investors now owns 59,790,734 shares of the utilities provider’s stock valued at $3,503,142,000 after buying an additional 4,940,692 shares during the last quarter. State Street Corp lifted its holdings in shares of Dominion Energy by 3.6% during the 4th quarter. State Street Corp now owns 48,620,273 shares of the utilities provider’s stock valued at $2,848,662,000 after buying an additional 1,686,050 shares during the last quarter. Finally, Wellington Management Group LLP grew its stake in shares of Dominion Energy by 46.2% in the 4th quarter. Wellington Management Group LLP now owns 44,943,727 shares of the utilities provider’s stock valued at $2,633,253,000 after buying an additional 14,197,581 shares in the last quarter. Institutional investors and hedge funds own 73.04% of the company’s stock.

Dominion Energy Stock Down 0.3%

Dominion Energy stock opened at $64.83 on Friday. The firm has a market cap of $57.02 billion, a price-to-earnings ratio of 22.59, a P/E/G ratio of 3.03 and a beta of 0.64. The company has a debt-to-equity ratio of 1.43, a current ratio of 0.81 and a quick ratio of 0.64. Dominion Energy Inc. has a fifty-two week low of $55.85 and a fifty-two week high of $72.99. The firm has a fifty day moving average price of $68.41 and a two-hundred day moving average price of $65.83.

Dominion Energy (NYSE:D) last issued its quarterly earnings results 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. The company had revenue of $4.48 billion for the quarter, compared to the consensus estimate of $4.04 billion. Dominion Energy had a return on equity of 9.62% and a net margin of 13.98%.The firm’s revenue was up 17.6% compared to the same quarter last year. During the same period last year, the business posted $0.75 earnings per share. 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 earnings per share for the current year.

Dominion Energy Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Sunday, September 20th. Shareholders of record on Friday, September 4th will be given a $0.6675 dividend. This represents a $2.67 annualized dividend and a yield of 4.1%. The ex-dividend date of this dividend is Friday, September 4th. Dominion Energy’s payout ratio is currently 93.03%.

Wall Street Analysts Forecast Growth

D has been the topic of a number of research reports. BMO Capital Markets increased their price objective on Dominion Energy from $64.00 to $70.00 and gave the stock a “market perform” rating in a report on Wednesday, July 22nd. Wall Street Zen cut Dominion Energy from a “hold” rating to a “sell” rating in a research report on Saturday, May 16th. Seaport Research Partners downgraded Dominion Energy from a “buy” rating to a “hold” rating in a research note on Wednesday, May 20th. Weiss Ratings restated a “buy (b)” rating on shares of Dominion Energy in a report on Wednesday, August 19th. Finally, Jefferies Financial Group raised Dominion Energy from a “hold” rating to a “buy” rating and upped their target price for the stock from $65.00 to $76.00 in a research report on Thursday, May 28th. Five equities research 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. Based on data from MarketBeat, Dominion Energy presently has a consensus rating of “Hold” and a consensus price target of $69.93.

Key Headlines Impacting Dominion Energy

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

• Positive Sentiment: The proposed Dominion–NextEra combination continues to advance after shareholders of both companies approved the transaction on September 3. The combined utility would serve approximately 10 million customer accounts across four states, offering potential scale and operating efficiencies. Wynson Securities announces progress on the Dominion–NextEra combination
• Neutral Sentiment: State regulators are adding local hearings to the merger review, giving communities more opportunities to comment. The hearings do not necessarily derail the transaction but extend the regulatory process and keep the deal in the spotlight. Commission adds local hearings to merger review
• Negative Sentiment: Richmond City Council voted to intervene in the merger case, while local residents and officials criticized potential impacts on electricity costs and Dominion’s proposed large gas plant. The opposition increases the risk of conditions, delays or added costs before approval. Richmond City Council votes to intervene in merger proposal
• Neutral Sentiment: Operational reports included a temporary outage affecting more than 100 customers after a vehicle crash and a planned lowering of Lake Murray’s water level. These events appear localized and are unlikely to materially affect Dominion’s earnings outlook. Dominion to lower Lake Murray levels

Dominion Energy Profile

Dominion Energy, Inc is a regulated energy company headquartered in Richmond, Virginia. Through its utility operations, the company generates, transmits and distributes electricity and provides natural gas service to residential, commercial and industrial customers, primarily in Virginia and South Carolina.

The company’s electric generation portfolio includes nuclear, natural gas, renewable energy and hydroelectric resources. Dominion Energy also operates electric transmission and distribution networks, natural gas distribution systems and related energy infrastructure.