Morgan Stanley Cuts Dominion Energy (NYSE:D) Price Target to $68.00

Dominion Energy (NYSE:D) had its price objective trimmed by Morgan Stanley from $69.00 to $68.00 in a research report released on Tuesday morning,Benzinga reports. The firm currently has an equal weight rating on the utilities provider’s stock.

Other equities research analysts have also issued reports about the company. TD Cowen assumed coverage on Dominion Energy in a research report on Friday, January 9th. They set a “hold” rating and a $65.00 target price on the stock. Truist Financial assumed coverage on Dominion Energy in a research report on Tuesday. They set a “hold” rating and a $67.00 target price on the stock. Jefferies Financial Group boosted their target price on Dominion Energy from $60.00 to $65.00 and gave the stock a “hold” rating in a research report on Friday, April 10th. Mizuho boosted their target price on Dominion Energy from $62.00 to $66.00 and gave the stock a “neutral” rating in a research report on Tuesday, February 24th. Finally, Bank of America boosted their target price on Dominion Energy from $63.00 to $65.00 and gave the stock a “neutral” rating in a research report on Wednesday, April 15th. Three analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, Dominion Energy has a consensus rating of “Hold” and an average target price of $65.69.

Dominion Energy Stock Up 2.7%

Shares of Dominion Energy stock opened at $62.58 on Tuesday. The stock’s fifty day moving average is $62.83 and its 200-day moving average is $61.19. The firm 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 company has a quick ratio of 0.59, a current ratio of 0.77 and a debt-to-equity ratio of 1.36. Dominion Energy has a 12-month low of $52.53 and a 12-month high of $67.57.

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

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of D. Motiv8 Investments LLC purchased a new position in Dominion Energy in the fourth quarter valued at about $25,000. Triumph Capital Management purchased a new position in Dominion Energy in the third quarter valued at about $28,000. Blueline Advisors LLC purchased a new position in Dominion Energy in the fourth quarter valued at about $28,000. United Community Bank bought a new stake in shares of Dominion Energy during the 3rd quarter worth about $29,000. Finally, Costello Asset Management INC boosted its stake 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 worth $29,000 after acquiring an additional 200 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

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.