Analysts Set Dominion Energy Inc. (NYSE:D) PT at $65.42

Shares of Dominion Energy Inc. (NYSE:D) have been given an average recommendation of “Hold” by the fourteen research firms that are covering the stock, Marketbeat.com reports. One analyst has rated the stock with a sell rating, ten have issued a hold rating and three have assigned a buy rating to the company. The average 1-year target price among brokers that have covered the stock in the last year is $65.4167.

Several research firms have recently commented on D. TD Cowen began coverage on shares of Dominion Energy in a research report on Friday, January 9th. They set a “hold” rating and a $65.00 price target for the company. Mizuho upped their price target on shares of Dominion Energy from $62.00 to $66.00 and gave the stock a “neutral” rating in a research report on Tuesday, February 24th. Bank of America upped their price target on shares of Dominion Energy from $63.00 to $65.00 and gave the stock a “neutral” rating in a research report on Wednesday, April 15th. Weiss Ratings upgraded shares of Dominion Energy from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Monday, February 9th. Finally, Wells Fargo & Company lowered their price target on shares of Dominion Energy from $67.00 to $64.00 and set an “overweight” rating for the company in a research report on Tuesday, January 20th.

Hedge Funds Weigh In On Dominion Energy

A number of institutional investors and hedge funds have recently bought and sold shares of D. AustralianSuper Pty Ltd boosted its position in shares of Dominion Energy by 1,785.9% during the 3rd quarter. AustralianSuper Pty Ltd now owns 519,100 shares of the utilities provider’s stock valued at $31,753,000 after purchasing an additional 491,574 shares in the last quarter. Kera Capital Partners Inc. bought a new position in shares of Dominion Energy during the 3rd quarter valued at about $3,574,000. Vanguard Group Inc. boosted its position in shares of Dominion Energy by 0.3% during the 3rd quarter. Vanguard Group Inc. now owns 106,158,920 shares of the utilities provider’s stock valued at $6,493,741,000 after purchasing an additional 363,610 shares in the last quarter. ANTIPODES PARTNERS Ltd boosted its position in shares of Dominion Energy by 84,502.3% during the 3rd quarter. ANTIPODES PARTNERS Ltd now owns 1,735,194 shares of the utilities provider’s stock valued at $106,150,000 after purchasing an additional 1,733,143 shares in the last quarter. Finally, Citigroup Inc. boosted its position in shares of Dominion Energy by 36.7% during the 3rd quarter. Citigroup Inc. now owns 2,422,315 shares of the utilities provider’s stock valued at $148,173,000 after purchasing an additional 649,989 shares in the last quarter. Institutional investors own 73.04% of the company’s stock.

Dominion Energy Stock Down 0.4%

Shares of NYSE:D opened at $62.17 on Friday. The stock has a market capitalization of $54.64 billion, a price-to-earnings ratio of 18.07, a price-to-earnings-growth ratio of 3.28 and a beta of 0.67. Dominion Energy has a 1-year low of $51.42 and a 1-year high of $67.57. The company’s fifty day moving average is $63.01 and its two-hundred day moving average is $61.19. 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 (NYSE:D) last issued its earnings results on Monday, February 23rd. The utilities provider reported $0.68 earnings per share 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 analysts’ expectations of $3.65 billion. Dominion Energy had a net margin of 18.05% and a return on equity of 9.67%. The firm’s revenue was up 20.4% compared to the same quarter last year. During the same period in the prior year, the company 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 EPS for the current year.

Dominion Energy Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, March 20th. Investors of record on Friday, February 27th were given a $0.6675 dividend. This represents a $2.67 dividend on an annualized basis and a yield of 4.3%. The ex-dividend date was Friday, February 27th. 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.