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

Dominion Energy Inc. (NYSE:D) has been assigned a consensus rating of “Hold” from the thirteen ratings firms that are presently covering the stock, Marketbeat.com reports. One equities research analyst has rated the stock with a sell recommendation, nine have given a hold recommendation and three have issued a buy recommendation on the company. The average 12-month price target among analysts that have covered the stock in the last year is $65.20.

D has been the subject of several research analyst reports. Weiss Ratings upgraded shares of Dominion Energy from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday, February 9th. Wells Fargo & Company dropped their price objective on shares of Dominion Energy from $67.00 to $64.00 and set an “overweight” rating on the stock in a report on Tuesday, January 20th. Scotiabank upped their price objective on shares of Dominion Energy from $63.00 to $67.00 and gave the company a “sector perform” rating in a research report on Monday, March 2nd. Barclays reduced their target price on shares of Dominion Energy from $64.00 to $63.00 and set an “overweight” rating for the company in a research note on Thursday, January 22nd. Finally, TD Cowen started coverage on Dominion Energy in a research report on Friday, January 9th. They set a “hold” rating and a $65.00 target price on the stock.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of D. Cornerstone Planning LLC bought a new position in Dominion Energy in the fourth quarter worth $904,000. Rockefeller Capital Management L.P. boosted its stake in Dominion Energy by 39.1% during the fourth quarter. Rockefeller Capital Management L.P. now owns 260,507 shares of the utilities provider’s stock worth $15,263,000 after buying an additional 73,276 shares in the last quarter. World Investment Advisors increased its holdings in Dominion Energy by 29.6% in the 4th quarter. World Investment Advisors now owns 17,337 shares of the utilities provider’s stock valued at $1,016,000 after buying an additional 3,959 shares during the period. Nalls Sherbakoff Group LLC acquired a new position in shares of Dominion Energy in the 4th quarter valued at $215,000. Finally, Advisortrust Partners LLC acquired a new position in shares of Dominion Energy in the 4th quarter valued at $625,000. 73.04% of the stock is currently owned by institutional investors and hedge funds.

Dominion Energy Stock Performance

Shares of NYSE D opened at $59.81 on Tuesday. Dominion Energy has a 12 month low of $48.07 and a 12 month high of $67.57. The company has a market cap of $52.57 billion, a P/E ratio of 17.39, a P/E/G ratio of 1.61 and a beta of 0.71. The business’s 50 day moving average is $62.42 and its two-hundred day moving average is $60.86. The company has a quick ratio of 0.59, a current ratio of 0.77 and a debt-to-equity ratio of 1.36.

Dominion Energy (NYSE:D) last posted its quarterly earnings data on Monday, February 23rd. The utilities provider reported $0.68 earnings per share for the quarter, beating the consensus estimate of $0.67 by $0.01. The company 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%.Dominion Energy’s revenue for the quarter was up 20.4% compared to the same quarter last year. During the same period in the prior year, the business earned $0.58 earnings per share. Dominion Energy has set its FY 2026 guidance at 3.450-3.690 EPS. On average, equities analysts expect that Dominion Energy will post 3.39 EPS for the current year.

Dominion Energy Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 20th. Stockholders of record on Friday, February 27th were issued a dividend of $0.6675 per share. This represents a $2.67 annualized dividend and a dividend yield of 4.5%. The ex-dividend date of this dividend was Friday, February 27th. Dominion Energy’s dividend payout ratio (DPR) is presently 77.62%.

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.