Dominion Energy (NYSE:D – Get Free Report) had its price target decreased by equities research analysts at Barclays from $64.00 to $63.00 in a research note issued on Thursday,Benzinga reports. The firm currently has an “overweight” rating on the utilities provider’s stock. Barclays‘s price target would suggest a potential upside of 5.77% from the stock’s previous close.
Other analysts have also recently issued reports about the stock. JPMorgan Chase & Co. reduced their target price on shares of Dominion Energy from $62.00 to $59.00 and set an “underweight” rating for the company in a report on Thursday, December 11th. Morgan Stanley increased their price objective on Dominion Energy from $63.00 to $66.00 and gave the company an “equal weight” rating in a research report on Wednesday, October 22nd. Royal Bank Of Canada restated a “sector perform” rating and issued a $70.00 target price on shares of Dominion Energy in a report on Tuesday, October 28th. Wells Fargo & Company reduced their target price on Dominion Energy from $67.00 to $64.00 and set an “overweight” rating for the company in a report on Tuesday. Finally, Weiss Ratings reiterated a “hold (c+)” rating on shares of Dominion Energy in a research report on Monday, December 29th. Two analysts have rated the stock with a Buy rating, nine have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $64.33.
Get Our Latest Analysis on Dominion Energy
Dominion Energy Price Performance
Dominion Energy (NYSE:D – Get Free Report) last issued its quarterly earnings results on Friday, October 31st. The utilities provider reported $1.06 earnings per share for the quarter, beating analysts’ consensus estimates of $1.02 by $0.04. Dominion Energy had a net margin of 16.17% and a return on equity of 9.60%. The company had revenue of $4.53 billion during the quarter, compared to the consensus estimate of $4.71 billion. During the same period in the prior year, the company earned $0.98 EPS. Dominion Energy’s revenue was up 14.9% on a year-over-year basis. Dominion Energy has set its FY 2025 guidance at 3.330-3.480 EPS. As a group, sell-side analysts predict that Dominion Energy will post 3.39 earnings per share for the current fiscal year.
Institutional Trading of Dominion Energy
A number of hedge funds have recently made changes to their positions in D. Patton Fund Management Inc. acquired a new position in shares of Dominion Energy during the 2nd quarter worth $235,000. Rockefeller Capital Management L.P. increased its position in Dominion Energy by 6.9% during the second quarter. Rockefeller Capital Management L.P. now owns 186,885 shares of the utilities provider’s stock worth $10,563,000 after buying an additional 12,041 shares during the last quarter. Kera Capital Partners Inc. bought a new position in Dominion Energy during the third quarter valued at about $3,574,000. Vanguard Group Inc. lifted its position in shares of Dominion Energy by 16.2% in the second quarter. Vanguard Group Inc. now owns 105,795,310 shares of the utilities provider’s stock worth $5,979,551,000 after buying an additional 14,715,895 shares during the last quarter. Finally, Bryn Mawr Trust Advisors LLC lifted its position in shares of Dominion Energy by 19.0% in the second quarter. Bryn Mawr Trust Advisors LLC now owns 104,710 shares of the utilities provider’s stock worth $5,918,000 after buying an additional 16,731 shares during the last quarter. 73.04% of the stock is owned by hedge funds and other institutional investors.
Dominion Energy News Roundup
Here are the key news stories impacting Dominion Energy this week:
- Positive Sentiment: Board declared a quarterly dividend of $0.6675 per share (payable Mar. 20, record Feb. 27). Reinforces income profile and dividend continuity for income investors. Article Title
- Positive Sentiment: Regulatory/operational win: Dominion secured approval to restart work on its Coastal Virginia offshore wind project — a long‑term growth asset if execution continues. This supports future revenue diversification beyond regulated utility earnings. Article Title
- Neutral Sentiment: Company is actively mobilizing crews and resources ahead of a major winter/ice storm across Virginia and Hampton Roads — communications emphasize preparation and possible multi-day outages. Operational readiness should limit damage, but the weather event raises short-term service risk and potential restoration costs. Article Title
- Neutral Sentiment: Local development: a former Dominion tower in Richmond is being redeveloped in a $158M makeover — a real estate/capital redeployment note with limited direct impact on the utility’s core earnings. Article Title
- Negative Sentiment: Analyst moves: Barclays trimmed its price target (from $64 to $63) despite keeping an overweight rating, and other outlets report Wells Fargo has lowered expectations — analyst repricing is weighing on sentiment and removes some upside. Article Title
- Negative Sentiment: Near‑term political/community risk: Prince William County school board asked Dominion to reconsider siting a power line on school property — potential local opposition that could slow projects or raise permitting costs if similar disputes arise. Article Title
- Negative Sentiment: Market context: coverage pieces and trade writeups note the stock has slid recently amid broader market strength; that technical/flow weakness can amplify selling after the analyst moves and weather concerns. Article Title
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.
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