Dominion Energy (NYSE:D) Given New $63.00 Price Target at Barclays

Dominion Energy (NYSE:D) had its target price lowered by Barclays from $64.00 to $63.00 in a report released on Thursday,Benzinga reports. The firm currently has an overweight rating on the utilities provider’s stock.

Several other equities research analysts have also recently weighed in on D. TD Cowen started coverage on Dominion Energy in a research report on Friday, January 9th. They issued a “hold” rating and a $65.00 price objective for the company. BTIG Research initiated coverage on shares of Dominion Energy in a research note on Wednesday, October 22nd. They set a “neutral” rating for the company. BMO Capital Markets reduced their price target on shares of Dominion Energy from $67.00 to $65.00 and set a “market perform” rating for the company in a report on Monday, November 3rd. Weiss Ratings restated a “hold (c+)” rating on shares of Dominion Energy in a report on Monday, December 29th. Finally, JPMorgan Chase & Co. cut their price objective on shares of Dominion Energy from $62.00 to $59.00 and set an “underweight” rating for the company in a research report on Thursday, December 11th. Two research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $64.33.

Dominion Energy Stock Performance

D stock opened at $59.92 on Thursday. The firm has a 50 day moving average of $59.72 and a two-hundred day moving average of $59.86. Dominion Energy has a 12 month low of $48.07 and a 12 month high of $62.87. The company has a market capitalization of $51.17 billion, a price-to-earnings ratio of 20.38, a P/E/G ratio of 1.65 and a beta of 0.72. The company has a quick ratio of 0.65, a current ratio of 0.84 and a debt-to-equity ratio of 1.41.

Dominion Energy (NYSE:D) last issued its quarterly earnings data on Friday, October 31st. The utilities provider reported $1.06 EPS for the quarter, beating analysts’ consensus estimates of $1.02 by $0.04. Dominion Energy had a return on equity of 9.60% and a net margin of 16.17%.The business had revenue of $4.53 billion for the quarter, compared to analyst estimates of $4.71 billion. During the same quarter in the prior year, the firm posted $0.98 EPS. The firm’s revenue for the quarter 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, equities analysts anticipate that Dominion Energy will post 3.39 EPS for the current fiscal year.

Dominion Energy Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Saturday, December 20th. Stockholders of record on Friday, December 5th were given a dividend of $0.6675 per share. This represents a $2.67 dividend on an annualized basis and a dividend yield of 4.5%. The ex-dividend date was Friday, December 5th. Dominion Energy’s dividend payout ratio is presently 90.82%.

Hedge Funds Weigh In On Dominion Energy

Hedge funds have recently added to or reduced their stakes in the company. CoreFirst Bank & Trust bought a new stake in shares of Dominion Energy during the 2nd quarter valued at $25,000. Westside Investment Management Inc. grew its stake in shares of Dominion Energy by 123.3% during the second quarter. Westside Investment Management Inc. now owns 469 shares of the utilities provider’s stock worth $27,000 after purchasing an additional 259 shares during the period. Triumph Capital Management bought a new stake in Dominion Energy in the third quarter valued at about $28,000. United Community Bank acquired a new position in Dominion Energy in the third quarter valued at about $29,000. Finally, JPL Wealth Management LLC bought a new position in Dominion Energy during the third quarter worth about $30,000. Institutional investors own 73.04% of the company’s stock.

More Dominion Energy News

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

• Positive Sentiment: Regulatory/contract progress — Dominion secured approval to restart work on the Coastal Virginia offshore wind project, reducing execution risk on a major long‑term growth initiative. Dominion Secures OK to Restart Work on Coastal Virginia Offshore Wind
• Positive Sentiment: Legal win supports project economics — Virginia offshore wind has won favorable court outcomes that bolster the long‑running ~$11B project’s viability and limit near‑term legal uncertainty. $11B Virginia Offshore Wind Project is Latest to Win Its Day in Court
• Neutral Sentiment: Operational readiness for winter — Dominion has repeatedly communicated preparedness plans and outage warnings ahead of winter storms; this signals proactive operations but also highlights short‑term outage and cost risk tied to severe weather. Dominion Energy preparing for winter weather
• Negative Sentiment: Analyst pushback — Barclays trimmed its price target from $64 to $63 while keeping an overweight rating (smaller upside), and Wells Fargo lowered expectations for the stock; both moves add near‑term analyst pressure on the shares. Barclays lowers price target
• Negative Sentiment: Local opposition/regulatory risk — The Prince William School Board asked Dominion to reconsider a proposed power line on school property, signaling potential delays, added costs or reputational hit from community resistance. Prince William School Board asks Dominion to reconsider power line on school property
• Negative Sentiment: Policy headwinds — Solar advocates pushing back against Dominion’s net‑metering proposal could pressure future customer growth, regulatory outcomes and margins in key service territories. Solar advocates push against Dominion’s net metering proposal
• Negative Sentiment: Market reaction / headline selling — Coverage noting the stock “slid” and commentary on higher bills and outage risks has coincided with intraday selling pressure, amplifying downside momentum. Dominion Energy (D) Stock Slides as Market Rises

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.