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

Dominion Energy Inc. (NYSE:D) has been given an average recommendation of “Hold” by the fifteen brokerages that are currently covering the firm, MarketBeat Ratings reports. One analyst has rated the stock with a sell recommendation, ten have issued a hold recommendation and four have issued a buy recommendation on the company. The average 12-month price target among brokerages that have covered the stock in the last year is $67.6923.

D has been the subject of a number of research reports. Wall Street Zen downgraded Dominion Energy from a “hold” rating to a “sell” rating in a research report on Saturday, May 16th. Jefferies Financial Group raised Dominion Energy from a “hold” rating to a “buy” rating and boosted their price target for the company from $65.00 to $76.00 in a research report on Thursday, May 28th. Mizuho boosted their price objective on Dominion Energy from $66.00 to $72.00 and gave the stock a “neutral” rating in a research note on Tuesday, May 26th. Wells Fargo & Company boosted their price objective on Dominion Energy from $66.00 to $68.00 and gave the stock an “overweight” rating in a research note on Friday, May 15th. Finally, Bank of America boosted their price objective on Dominion Energy from $63.00 to $65.00 and gave the stock a “neutral” rating in a research note on Wednesday, April 15th.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of D. AustralianSuper Pty Ltd lifted its stake in shares of Dominion Energy by 1,785.9% in the third quarter. AustralianSuper Pty Ltd now owns 519,100 shares of the utilities provider’s stock worth $31,753,000 after acquiring an additional 491,574 shares in the last quarter. Vanguard Group Inc. lifted its stake in shares of Dominion Energy by 0.3% in the third quarter. Vanguard Group Inc. now owns 106,158,920 shares of the utilities provider’s stock worth $6,493,741,000 after acquiring an additional 363,610 shares in the last quarter. ANTIPODES PARTNERS Ltd lifted its stake in shares of Dominion Energy by 84,502.3% in the third quarter. ANTIPODES PARTNERS Ltd now owns 1,735,194 shares of the utilities provider’s stock worth $106,150,000 after acquiring an additional 1,733,143 shares in the last quarter. Citigroup Inc. lifted its stake in shares of Dominion Energy by 36.7% in the third quarter. Citigroup Inc. now owns 2,422,315 shares of the utilities provider’s stock worth $148,173,000 after acquiring an additional 649,989 shares in the last quarter. Finally, Stratos Wealth Partners LTD. lifted its stake in shares of Dominion Energy by 53.1% in the third quarter. Stratos Wealth Partners LTD. now owns 47,953 shares of the utilities provider’s stock worth $2,933,000 after acquiring an additional 16,635 shares in the last quarter. Institutional investors and hedge funds own 73.04% of the company’s stock.

Dominion Energy Price Performance

D stock opened at $67.00 on Friday. The stock has a 50-day moving average price of $63.86 and a two-hundred day moving average price of $62.07. Dominion Energy has a 12-month low of $53.36 and a 12-month high of $68.97. The company has a current ratio of 0.78, a quick ratio of 0.61 and a debt-to-equity ratio of 1.38. The company has a market cap of $58.93 billion, a PE ratio of 19.82 and a beta of 0.65.

Dominion Energy (NYSE:D) last posted its quarterly earnings results on Friday, May 1st. The utilities provider reported $0.95 earnings per share (EPS) for the quarter, beating 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 firm had revenue of $5.02 billion during the quarter, compared to the consensus estimate of $4.43 billion. During the same quarter in the previous year, the business earned $0.93 earnings per share. The firm’s quarterly revenue was up 23.1% compared to the same quarter last year. Dominion Energy has set its FY 2026 guidance at 3.450-3.690 EPS. As a group, research analysts predict that Dominion Energy will post 3.59 EPS for the current year.

Dominion Energy Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Saturday, June 20th. Shareholders of record on Friday, May 29th will be paid a dividend of $0.6675 per share. This represents a $2.67 dividend on an annualized basis and a dividend yield of 4.0%. The ex-dividend date is Friday, May 29th. Dominion Energy’s payout ratio is currently 78.99%.

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.