Dominion Energy Inc. (NYSE:D) Receives Average Recommendation of “Hold” from Analysts

Dominion Energy Inc. (NYSE:DGet Free Report) has been given an average recommendation of “Hold” by the fifteen analysts that are covering the stock, MarketBeat Ratings reports. One analyst has rated the stock with a sell rating, eleven have assigned a hold rating and three have issued a buy rating on the company. The average 12-month price objective among brokerages that have issued ratings on the stock in the last year is $66.4615.

D has been the subject of several research reports. Mizuho increased their price target on Dominion Energy from $62.00 to $66.00 and gave the stock a “neutral” rating in a research note on Tuesday, February 24th. Wells Fargo & Company increased their price target on Dominion Energy from $66.00 to $68.00 and gave the stock an “overweight” rating in a research note on Friday, May 15th. Scotiabank increased their price target on Dominion Energy from $63.00 to $67.00 and gave the stock a “sector perform” rating in a research note on Monday, March 2nd. Weiss Ratings reiterated a “buy (b-)” rating on shares of Dominion Energy in a research note on Friday, May 8th. Finally, Royal Bank Of Canada increased their price target on Dominion Energy from $66.00 to $72.00 and gave the stock a “sector perform” rating in a research note on Tuesday.

Get Our Latest Report on D

Institutional Inflows and Outflows

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

Dominion Energy Stock Up 0.8%

Shares of NYSE:D opened at $68.10 on Wednesday. The company has a market capitalization of $59.89 billion, a PE ratio of 20.15, a price-to-earnings-growth ratio of 3.55 and a beta of 0.65. The company has a debt-to-equity ratio of 1.38, a current ratio of 0.78 and a quick ratio of 0.61. The business has a fifty day moving average price of $62.52 and a two-hundred day moving average price of $61.47. Dominion Energy has a 1 year low of $53.36 and a 1 year high of $68.97.

Dominion Energy (NYSE:DGet Free Report) last announced its quarterly earnings data on Friday, May 1st. The utilities provider reported $0.95 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.90 by $0.05. The firm had revenue of $5.02 billion during the quarter, compared to the consensus estimate of $4.43 billion. Dominion Energy had a return on equity of 9.63% and a net margin of 16.93%.The business’s revenue for the quarter was up 23.1% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.93 EPS. Dominion Energy has set its FY 2026 guidance at 3.450-3.690 EPS. Analysts forecast that Dominion Energy will post 3.59 earnings per share for the current year.

Dominion Energy Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Saturday, June 20th. Stockholders of record on Friday, May 29th will be paid a dividend of $0.6675 per share. The ex-dividend date is Friday, May 29th. This represents a $2.67 annualized dividend and a dividend yield of 3.9%. Dominion Energy’s dividend payout ratio is presently 78.99%.

Key Stories Impacting Dominion Energy

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

Dominion Energy Company Profile

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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.

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Analyst Recommendations for Dominion Energy (NYSE:D)

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