1,077,536 Shares in Dominion Energy Inc. $D Acquired by The Manufacturers Life Insurance Company

Posted by Brian Himes on Aug 26th, 2026

The Manufacturers Life Insurance Company purchased a new stake in Dominion Energy Inc. (NYSE:D – Free Report) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 1,077,536 shares of the utilities provider’s stock, valued at approximately $73,585,000. The Manufacturers Life Insurance Company owned about 0.12% of Dominion Energy as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Paradigm Capital Management LLC NV acquired a new stake in Dominion Energy during the second quarter worth approximately $951,000. Fiduciary Financial Advisors acquired a new position in shares of Dominion Energy in the 2nd quarter valued at $42,000. L2 Asset Management LLC acquired a new position in shares of Dominion Energy in the 2nd quarter valued at $343,000. Visionary Wealth Advisors purchased a new position in shares of Dominion Energy in the 2nd quarter valued at $239,000. Finally, Cullen Capital Management LLC acquired a new stake in Dominion Energy during the 2nd quarter worth $365,000. Institutional investors and hedge funds own 73.04% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on the stock. Truist Financial reduced their price target on shares of Dominion Energy from $68.00 to $66.00 and set a “hold” rating for the company in a research report on Thursday, August 13th. Morgan Stanley dropped their price objective on Dominion Energy from $71.00 to $68.00 and set an “equal weight” rating on the stock in a report on Friday, August 21st. Weiss Ratings reiterated a “buy (b)” rating on shares of Dominion Energy in a research report on Wednesday, August 19th. Mizuho boosted their target price on Dominion Energy from $66.00 to $72.00 and gave the company a “neutral” rating in a report on Tuesday, May 26th. Finally, BMO Capital Markets upped their target price on Dominion Energy from $64.00 to $70.00 and gave the company a “market perform” rating in a research report on Wednesday, July 22nd. Five investment 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. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $69.93.

Get Our Latest Stock Report on D

Dominion Energy Trading Up 0.5%

NYSE:D opened at $66.94 on Wednesday. The firm has a market cap of $58.87 billion, a P/E ratio of 23.32 and a beta of 0.65. The company has a current ratio of 0.81, a quick ratio of 0.64 and a debt-to-equity ratio of 1.43. The stock’s 50 day simple moving average is $69.16 and its 200-day simple moving average is $65.72. Dominion Energy Inc. has a 12-month low of $55.85 and a 12-month high of $72.99.

Dominion Energy (NYSE:D – Get Free Report) last released its quarterly earnings results 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 analysts’ expectations of $4.04 billion. Dominion Energy had a return on equity of 9.62% and a net margin of 13.98%.The company’s quarterly revenue was up 17.6% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.75 earnings per share. Dominion Energy has set its FY 2026 guidance at 3.450-3.690 EPS. Equities analysts anticipate that Dominion Energy Inc. will post 3.57 EPS for the current year.

Dominion Energy Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Sunday, September 20th. Stockholders of record on Friday, September 4th will be issued a $0.6675 dividend. The ex-dividend date of this dividend is Friday, September 4th. This represents a $2.67 annualized dividend and a dividend yield of 4.0%. Dominion Energy’s payout ratio is presently 93.03%.

Dominion Energy Company Profile

(Free Report)

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.