Dominion Energy (NYSE:D) Reaches New 1-Year High – Should You Buy?

Dominion Energy Inc. (NYSE:D)’s stock price reached a new 52-week high during trading on Monday . The company traded as high as $70.81 and last traded at $70.8170, with a volume of 122012 shares. The stock had previously closed at $70.08.

Wall Street Analyst Weigh In

Several equities analysts recently commented on the company. Bank of America upped their price objective on Dominion Energy from $63.00 to $65.00 and gave the company a “neutral” rating in a research note on Wednesday, April 15th. Mizuho boosted their target price on Dominion Energy from $66.00 to $72.00 and gave the company a “neutral” rating in a research note on Tuesday, May 26th. Morgan Stanley dropped their price target on Dominion Energy from $69.00 to $68.00 and set an “equal weight” rating on the stock in a research report on Tuesday, April 21st. Wall Street Zen downgraded Dominion Energy from a “hold” rating to a “sell” rating in a research note on Saturday, May 16th. Finally, Weiss Ratings raised Dominion Energy from a “buy (b-)” rating to a “buy (b)” rating in a report on Friday, May 22nd. Four investment analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $67.62.

Dominion Energy Stock Performance

The business’s fifty day moving average price is $66.90 and its 200-day moving average price is $63.56. 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 stock has a market capitalization of $61.92 billion, a PE ratio of 20.85 and a beta of 0.65.

Dominion Energy (NYSE:D) last issued its quarterly earnings data on Friday, May 1st. The utilities provider reported $0.95 EPS for the quarter, beating the consensus estimate of $0.90 by $0.05. The company had revenue of $5.02 billion during the quarter, compared to analysts’ expectations of $4.43 billion. Dominion Energy had a net margin of 16.93% and a return on equity of 9.63%. Dominion Energy’s revenue for the quarter was up 23.1% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.93 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 Inc. will post 3.59 EPS for the current year.

Dominion Energy Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Saturday, June 20th. Stockholders of record on Friday, May 29th were given a dividend of $0.6675 per share. This represents a $2.67 dividend on an annualized basis and a dividend yield of 3.8%. The ex-dividend date was Friday, May 29th. Dominion Energy’s payout ratio is 78.99%.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in D. Capital Analysts LLC boosted its stake in Dominion Energy by 2.4% during the fourth quarter. Capital Analysts LLC now owns 6,651 shares of the utilities provider’s stock valued at $390,000 after buying an additional 157 shares during the period. Arlington Trust Co LLC increased its stake in Dominion Energy by 47.1% in the 2nd quarter. Arlington Trust Co LLC now owns 500 shares of the utilities provider’s stock worth $34,000 after acquiring an additional 160 shares during the last quarter. Navalign LLC increased its stake in Dominion Energy by 1.2% in the 1st quarter. Navalign LLC now owns 14,229 shares of the utilities provider’s stock worth $880,000 after acquiring an additional 162 shares during the last quarter. Conning Inc. raised its holdings in shares of Dominion Energy by 0.5% in the 4th quarter. Conning Inc. now owns 33,217 shares of the utilities provider’s stock valued at $1,946,000 after acquiring an additional 176 shares in the last quarter. Finally, Castle Rock Wealth Management LLC boosted its position in shares of Dominion Energy by 2.6% during the 4th quarter. Castle Rock Wealth Management LLC now owns 6,885 shares of the utilities provider’s stock valued at $422,000 after acquiring an additional 177 shares during the last quarter. Institutional investors own 73.04% of the company’s stock.

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.