Dominion Energy (NYSE:D) Stock Price Expected to Rise, BMO Capital Markets Analyst Says

Dominion Energy (NYSE:D) had its target price boosted by equities researchers at BMO Capital Markets from $64.00 to $70.00 in a report released on Wednesday,Benzinga reports. The firm currently has a “market perform” rating on the utilities provider’s stock. BMO Capital Markets’ target price would suggest a potential downside of 2.02% from the company’s previous close.

Several other equities analysts also recently commented on the stock. Seaport Research Partners downgraded shares of Dominion Energy from a “buy” rating to a “hold” rating in a research note on Wednesday, May 20th. Morgan Stanley cut their price objective on shares of Dominion Energy from $69.00 to $68.00 and set an “equal weight” rating for the company in a report on Tuesday, April 21st. Wall Street Zen lowered shares of Dominion Energy from a “hold” rating to a “sell” rating in a research report on Saturday, May 16th. Jefferies Financial Group raised shares of Dominion Energy from a “hold” rating to a “buy” rating and raised their target price for the stock from $65.00 to $76.00 in a report on Thursday, May 28th. Finally, Barclays dropped their price target on shares of Dominion Energy from $70.00 to $69.00 and set an “overweight” rating for the company in a research report on Tuesday, June 23rd. Four research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $68.00.

Dominion Energy Stock Performance

D opened at $71.44 on Wednesday. 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 business has a fifty day simple moving average of $68.39 and a 200 day simple moving average of $64.33. Dominion Energy has a 1 year low of $55.85 and a 1 year high of $72.99. The company has a market capitalization of $62.83 billion, a PE ratio of 21.14 and a beta of 0.65.

Dominion Energy (NYSE:D) last posted its quarterly earnings data on Friday, May 1st. The utilities provider reported $0.95 earnings per share for the quarter, topping the consensus estimate 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 for the quarter, compared to analysts’ expectations of $4.43 billion. During the same quarter last year, the business earned $0.93 EPS. The company’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. Research analysts expect that Dominion Energy will post 3.58 EPS for the current year.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the company. Vanguard Group Inc. boosted its holdings in shares of Dominion Energy by 0.9% in the 4th quarter. Vanguard Group Inc. now owns 107,099,758 shares of the utilities provider’s stock valued at $6,274,975,000 after purchasing an additional 940,838 shares in the last quarter. Capital Research Global Investors increased its stake in shares of Dominion Energy by 9.0% in the 4th quarter. Capital Research Global Investors now owns 59,790,734 shares of the utilities provider’s stock valued at $3,503,142,000 after purchasing an additional 4,940,692 shares during the last quarter. State Street Corp raised its holdings in shares of Dominion Energy by 3.6% during the 4th quarter. State Street Corp now owns 48,620,273 shares of the utilities provider’s stock worth $2,848,662,000 after buying an additional 1,686,050 shares in the last quarter. Wellington Management Group LLP raised its holdings in shares of Dominion Energy by 46.2% during the 4th quarter. Wellington Management Group LLP now owns 44,943,727 shares of the utilities provider’s stock worth $2,633,253,000 after buying an additional 14,197,581 shares in the last quarter. Finally, Geode Capital Management LLC lifted its position in shares of Dominion Energy by 1.6% during the 4th quarter. Geode Capital Management LLC now owns 20,442,935 shares of the utilities provider’s stock worth $1,196,056,000 after buying an additional 314,932 shares during the last quarter. 73.04% of the stock is owned by institutional investors.

Dominion Energy News Roundup

Here are the key news stories impacting Dominion Energy this week:

• Positive Sentiment: Dominion’s upcoming second-quarter earnings report is drawing positive attention, with analysts expecting single-digit bottom-line growth and investors watching for confirmation that recent operating trends remain intact.
• Positive Sentiment: BMO Capital Markets raised its price target on Dominion Energy to $70 from $64, signaling improved sentiment around the stock even though the firm kept a market-perform rating.
• Positive Sentiment: Dominion Energy reported record-high demand on its power grid, which can reinforce the case for strong utility load growth and stable revenue momentum. Article: Dominion Energy reports record high demand on power grid
• Neutral Sentiment: The company is working with local officials in Hampton and Graniteville to prepare for strong storms, flooding, and possible outages, which highlights operational readiness but is not a clear earnings driver.
• Neutral Sentiment: Virginia regulators rejected an attempt to pause Dominion’s Loudoun County power line project, reducing one procedural risk but leaving the broader transmission controversy unresolved. Article: Virginia regulators reject last-minute bid to pause Dominion power lines through Loudoun neighborhood
• Negative Sentiment: Dominion continues to face pushback over proposed transmission lines in northern Virginia, and the company dropped one proposed route for the project, underscoring political and permitting risk that could weigh on sentiment. Article: Dominion Energy faces pushback in northern Virginia over proposed transmission lines
• Negative Sentiment: A Virginia nonprofit also said a proposed Dominion Energy merger lacks critical details, adding another source of uncertainty around strategic execution.

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.