Dominion Energy (NYSE:D) Earns Hold Rating from Analysts at Truist Financial

Truist Financial initiated coverage on shares of Dominion Energy (NYSE:D) in a report published on Tuesday, MarketBeat reports. The firm issued a hold rating and a $67.00 price target on the utilities provider’s stock.

D has been the subject of several other research reports. Scotiabank upped their price objective on Dominion Energy from $63.00 to $67.00 and gave the company a “sector perform” rating in a report on Monday, March 2nd. Jefferies Financial Group boosted their price target on shares of Dominion Energy from $60.00 to $65.00 and gave the stock a “hold” rating in a research report on Friday, April 10th. Bank of America upped their price target on shares of Dominion Energy from $63.00 to $65.00 and gave the company a “neutral” rating in a report on Wednesday, April 15th. Barclays raised their price objective on shares of Dominion Energy from $63.00 to $66.00 and gave the company an “overweight” rating in a research report on Wednesday, April 8th. Finally, Mizuho boosted their target price on shares of Dominion Energy from $62.00 to $66.00 and gave the stock a “neutral” rating in a report on Tuesday, February 24th. Three equities research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, Dominion Energy presently has a consensus rating of “Hold” and a consensus price target of $65.69.

Dominion Energy Trading Up 2.7%

Dominion Energy stock opened at $62.58 on Tuesday. Dominion Energy has a 12-month low of $52.53 and a 12-month high of $67.57. The company has a debt-to-equity ratio of 1.36, a current ratio of 0.77 and a quick ratio of 0.59. The stock has a market capitalization of $55.00 billion, a PE ratio of 18.19, a price-to-earnings-growth ratio of 3.20 and a beta of 0.67. The firm has a 50 day simple moving average of $62.83 and a 200-day simple moving average of $61.19.

Dominion Energy (NYSE:D) last announced its earnings results on Monday, February 23rd. The utilities provider reported $0.68 EPS for the quarter, topping the consensus estimate of $0.67 by $0.01. The firm had revenue of $4.09 billion for the quarter, compared to analysts’ expectations of $3.65 billion. Dominion Energy had a return on equity of 9.67% and a net margin of 18.05%.The firm’s quarterly revenue was up 20.4% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.58 earnings per share. Dominion Energy has set its FY 2026 guidance at 3.450-3.690 EPS. As a group, equities research analysts expect that Dominion Energy will post 3.6 EPS for the current fiscal year.

Institutional Trading of Dominion Energy

A number of hedge funds have recently modified their holdings of the business. Vanguard Group Inc. lifted its stake in Dominion Energy by 0.9% in the 4th quarter. Vanguard Group Inc. now owns 107,099,758 shares of the utilities provider’s stock worth $6,274,975,000 after acquiring an additional 940,838 shares in the last quarter. Capital Research Global Investors boosted its position in 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 worth $3,503,142,000 after acquiring an additional 4,940,692 shares during the period. State Street Corp increased its holdings in shares of Dominion Energy by 3.6% in 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 purchasing an additional 1,686,050 shares during the period. Wellington Management Group LLP increased its holdings 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 purchasing an additional 14,197,581 shares during the period. Finally, Geode Capital Management LLC lifted its position in shares of Dominion Energy by 1.6% in the fourth quarter. Geode Capital Management LLC now owns 20,442,935 shares of the utilities provider’s stock worth $1,196,056,000 after purchasing an additional 314,932 shares in the last quarter. Hedge funds and other institutional investors own 73.04% of the company’s stock.

Key Stories Impacting Dominion Energy

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

• Positive Sentiment: Analyst/investor bullish case: a recent deep-dive frames Dominion as a “discounted utility” with a premium dividend yield and a large capital plan through 2030 that supports rate-base growth and EPS targets — this supports the long-term income story for investors. Dominion Energy: A Discounted Utility With A Premium Yield
• Positive Sentiment: Regulatory/policy tailwinds: state-level amendments to energy and data-center legislation are being promoted as customer-saving measures in Dominion’s core state, which could limit regulatory pushback on certain investments and help customer relations/affordability. The governor’s amendments to energy and data center legislation will save money for customers
• Neutral Sentiment: New coverage & valuation debate: Truist has initiated coverage (hold), bringing more analyst attention but not an outright upgrade — and separate pieces question whether the recent share-price run already reflects value, leaving room for both further upside and consolidation. Truist Financial Initiates Coverage on Dominion Energy (NYSE:D) Is It Too Late To Consider Dominion Energy (D) After Its Recent 19.6% Share Price Gain?
• Neutral Sentiment: Sector context: peer NextEra beat Q1 earnings, highlighting strength in the renewable/storage segment and keeping sector comparisons in focus; this can influence relative flows into utilities and renewables names. NextEra Energy Beats Q1 Earnings Estimates, Revenues Rise Y/Y
• Neutral Sentiment: Minor local operations/maintenance item: a planned power outage in Portsmouth is routine maintenance/repair work and appears limited in scope. Power outage planned for High Street area in Portsmouth on April 29
• Negative Sentiment: Operational/regulatory incident: Lexington issued a stop-work order to a contractor after a gas line belonging to Dominion was cut — this raises near-term regulatory and remediation risk and could weigh on sentiment. Lexington issues stop-work order to company who cut Dominion Energy gas line Thursday
• Negative Sentiment: Facility fire: crews responded to and contained a fire at a Dominion facility in Chesterfield — contained but negative for near-term operational risk and local reputational impact. Crews respond to fire at Dominion Energy facility in Chesterfield Chesterfield crews contain fire at Dominion Energy facility
• Negative Sentiment: Reputational item: commentary listing the CEO among “most overpaid” utility executives can heighten governance scrutiny and shareholder activism risk, though direct financial impact is typically limited. Dominion Energy CEO makes Top 10 list of most overpaid power utility guys

Dominion Energy Company 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.