Dominion Energy Inc. (NYSE:D) Receives $65.20 Average PT from Analysts

Shares of Dominion Energy Inc. (NYSE:D) have been given a consensus rating of “Hold” by the twelve analysts that are currently covering the stock, MarketBeat.com reports. One equities research analyst has rated the stock with a sell recommendation, eight have issued a hold recommendation and three have issued a buy recommendation on the company. The average twelve-month price target among analysts that have issued a report on the stock in the last year is $65.20.

A number of equities analysts have commented on the company. Mizuho lifted their target price on Dominion Energy from $62.00 to $66.00 and gave the company a “neutral” rating in a research note on Tuesday, February 24th. Wells Fargo & Company dropped their price target on Dominion Energy from $67.00 to $64.00 and set an “overweight” rating on the stock in a research report on Tuesday, January 20th. Weiss Ratings raised Dominion Energy from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday, February 9th. JPMorgan Chase & Co. reduced their price objective on Dominion Energy from $62.00 to $59.00 and set an “underweight” rating for the company in a research report on Thursday, December 11th. Finally, TD Cowen started coverage on Dominion Energy in a research note on Friday, January 9th. They set a “hold” rating and a $65.00 price objective for the company.

Institutional Trading of Dominion Energy

Several hedge funds have recently bought and sold shares of D. Brighton Jones LLC boosted its stake in Dominion Energy by 64.3% during the 4th quarter. Brighton Jones LLC now owns 9,081 shares of the utilities provider’s stock valued at $489,000 after purchasing an additional 3,553 shares during the period. Empowered Funds LLC increased its stake in shares of Dominion Energy by 8.3% in the first quarter. Empowered Funds LLC now owns 17,571 shares of the utilities provider’s stock valued at $985,000 after purchasing an additional 1,344 shares during the period. Woodline Partners LP raised its holdings in shares of Dominion Energy by 40.7% during the first quarter. Woodline Partners LP now owns 70,968 shares of the utilities provider’s stock valued at $3,979,000 after buying an additional 20,522 shares during the last quarter. Intech Investment Management LLC raised its holdings in shares of Dominion Energy by 71.2% during the first quarter. Intech Investment Management LLC now owns 30,460 shares of the utilities provider’s stock valued at $1,708,000 after buying an additional 12,663 shares during the last quarter. Finally, Schnieders Capital Management LLC. boosted its position in shares of Dominion Energy by 9.5% during the second quarter. Schnieders Capital Management LLC. now owns 124,573 shares of the utilities provider’s stock worth $7,041,000 after buying an additional 10,775 shares during the period. 73.04% of the stock is currently owned by institutional investors.

Dominion Energy Stock Up 1.7%

Shares of NYSE:D opened at $61.89 on Tuesday. The company’s fifty day moving average is $62.48 and its two-hundred day moving average is $60.93. The company has a debt-to-equity ratio of 1.36, a quick ratio of 0.59 and a current ratio of 0.77. Dominion Energy has a 1-year low of $48.07 and a 1-year high of $67.57. The stock has a market capitalization of $54.40 billion, a price-to-earnings ratio of 17.99, a price-to-earnings-growth ratio of 1.65 and a beta of 0.71.

Dominion Energy (NYSE:D) last posted its quarterly earnings results on Monday, February 23rd. The utilities provider reported $0.68 EPS for the quarter, beating the consensus estimate of $0.67 by $0.01. Dominion Energy had a net margin of 18.05% and a return on equity of 9.67%. The business had revenue of $4.09 billion during the quarter, compared to analyst estimates of $3.65 billion. During the same period in the previous year, the business posted $0.58 EPS. The company’s quarterly revenue was up 20.4% on a year-over-year basis. Dominion Energy has set its FY 2026 guidance at 3.450-3.690 EPS. Equities analysts anticipate that Dominion Energy will post 3.39 EPS for the current year.

Dominion Energy Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, March 20th. Stockholders of record on Friday, February 27th were given a dividend of $0.6675 per share. The ex-dividend date was Friday, February 27th. This represents a $2.67 annualized dividend and a dividend yield of 4.3%. Dominion Energy’s dividend payout ratio is currently 77.62%.

About Dominion Energy

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.