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

Dominion Energy Inc. (NYSE:D) has been assigned an average recommendation of “Hold” from the thirteen brokerages that are covering the firm, MarketBeat.com reports. One research analyst has rated the stock with a sell recommendation, nine have given a hold recommendation and three have assigned a buy recommendation to the company. The average 12-month price objective among brokers that have updated their coverage on the stock in the last year is $64.50.

D has been the subject of a number of analyst reports. Wells Fargo & Company lowered their price target on Dominion Energy from $67.00 to $64.00 and set an “overweight” rating for the company in a research report on Tuesday, January 20th. Mizuho raised their target price on shares of Dominion Energy from $62.00 to $66.00 and gave the stock a “neutral” rating in a report on Tuesday. Weiss Ratings raised shares of Dominion Energy from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday, February 9th. TD Cowen assumed coverage on shares of Dominion Energy in a research report on Friday, January 9th. They issued a “hold” rating and a $65.00 price objective on the stock. Finally, BMO Capital Markets dropped their target price on Dominion Energy from $67.00 to $65.00 and set a “market perform” rating for the company in a research report on Monday, November 3rd.

Dominion Energy Trading Down 0.4%

Shares of D stock opened at $63.34 on Friday. Dominion Energy has a 1 year low of $48.07 and a 1 year high of $67.57. The company has a debt-to-equity ratio of 1.36, a current ratio of 0.77 and a quick ratio of 0.65. The stock’s 50 day simple moving average is $61.10 and its two-hundred day simple moving average is $60.64. The company has a market cap of $55.66 billion, a PE ratio of 18.41, a price-to-earnings-growth ratio of 1.72 and a beta of 0.71.

Dominion Energy (NYSE:D) last announced its earnings results on Monday, February 23rd. The utilities provider reported $0.68 EPS for the quarter, topping analysts’ consensus estimates of $0.67 by $0.01. The firm had revenue of $4.09 billion during the quarter, compared to analysts’ expectations of $3.65 billion. Dominion Energy had a return on equity of 9.67% and a net margin of 18.05%.The company’s quarterly revenue was up 20.4% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.58 EPS. Dominion Energy has set its FY 2026 guidance at 3.450-3.690 EPS. Research analysts predict that Dominion Energy will post 3.39 earnings per share for the current year.

Dominion Energy Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 20th. Investors of record on Friday, February 27th will be issued a dividend of $0.6675 per share. The ex-dividend date is Friday, February 27th. This represents a $2.67 dividend on an annualized basis and a yield of 4.2%. Dominion Energy’s payout ratio is presently 90.82%.

Institutional Trading of Dominion Energy

A number of hedge funds and other institutional investors have recently bought and sold shares of D. Anchor Investment Management LLC boosted its stake in shares of Dominion Energy by 3.0% during the fourth quarter. Anchor Investment Management LLC now owns 11,213 shares of the utilities provider’s stock valued at $657,000 after purchasing an additional 329 shares during the period. Tempo Wealth LLC purchased a new stake in Dominion Energy in the 4th quarter valued at about $206,000. Thryve Wealth Management LLC purchased a new stake in Dominion Energy in the 4th quarter valued at about $249,000. Pacer Advisors Inc. grew its stake in Dominion Energy by 60.1% in the 4th quarter. Pacer Advisors Inc. now owns 115,142 shares of the utilities provider’s stock worth $6,746,000 after acquiring an additional 43,213 shares in the last quarter. Finally, Virtu Financial LLC purchased a new position in shares of Dominion Energy during the fourth quarter worth approximately $676,000. Hedge funds and other 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.