Analysts Set Dominion Energy Inc. (NYSE:D) PT at $67.69

Dominion Energy Inc. (NYSE:D) has been given a consensus rating of “Hold” by the fifteen brokerages that are covering the company, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, ten have assigned a hold recommendation and four have assigned a buy recommendation to the company. The average 1-year target price among analysts that have issued a report on the stock in the last year is $67.6923.

A number of analysts recently commented on the company. Seaport Research Partners lowered Dominion Energy from a “buy” rating to a “hold” rating in a research note on Wednesday, May 20th. Jefferies Financial Group raised Dominion Energy from a “hold” rating to a “buy” rating and raised their price target for the stock from $65.00 to $76.00 in a research note on Thursday, May 28th. Bank of America raised their price target on Dominion Energy from $63.00 to $65.00 and gave the stock a “neutral” rating in a research note on Wednesday, April 15th. Barclays raised their price target on Dominion Energy from $66.00 to $70.00 and gave the stock an “overweight” rating in a research note on Monday, May 4th. Finally, Royal Bank Of Canada increased their price objective on Dominion Energy from $66.00 to $72.00 and gave the stock a “sector perform” rating in a report on Tuesday, May 19th.

Dominion Energy Stock Performance

Shares of D stock opened at $67.89 on Friday. The stock has a fifty day moving average of $64.37 and a 200 day moving average of $62.27. Dominion Energy has a 52 week low of $53.36 and a 52 week high of $68.97. The firm has a market capitalization of $59.71 billion, a price-to-earnings ratio of 20.09 and a beta of 0.65. The company has a quick ratio of 0.61, a current ratio of 0.78 and a debt-to-equity ratio of 1.38.

Dominion Energy (NYSE:D) last announced its quarterly earnings results on Friday, May 1st. The utilities provider reported $0.95 EPS for the quarter, topping analysts’ consensus estimates of $0.90 by $0.05. Dominion Energy had a return on equity of 9.63% and a net margin of 16.93%.The company had revenue of $5.02 billion during the quarter, compared to analyst estimates of $4.43 billion. During the same quarter last year, the firm posted $0.93 earnings per share. The firm’s revenue was up 23.1% on a year-over-year basis. Dominion Energy has set its FY 2026 guidance at 3.450-3.690 EPS. As a group, research analysts expect that Dominion Energy will post 3.59 earnings per share for the current year.

Dominion Energy Announces Dividend

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

Hedge Funds Weigh In On Dominion Energy

A number of institutional investors have recently added to or reduced their stakes in D. AustralianSuper Pty Ltd lifted 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 buying an additional 491,574 shares in the last quarter. Vanguard Group Inc. lifted 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 buying an additional 363,610 shares in the last quarter. ANTIPODES PARTNERS Ltd lifted 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 buying an additional 1,733,143 shares in the last quarter. Citigroup Inc. raised its stake in 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 during the period. Finally, Stratos Wealth Partners LTD. raised its stake in Dominion Energy by 53.1% during the 3rd quarter. Stratos Wealth Partners LTD. now owns 47,953 shares of the utilities provider’s stock valued at $2,933,000 after purchasing an additional 16,635 shares during the period. Institutional investors own 73.04% of the company’s stock.

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.