Dominion Energy (NYSE:D) Coverage Initiated by Analysts at Truist Financial

Truist Financial initiated coverage on shares of Dominion Energy (NYSE:D) in a research note released on Tuesday, Marketbeat.com reports. The brokerage issued a hold rating and a $67.00 target price on the utilities provider’s stock.

D has been the subject of several other reports. Weiss Ratings raised shares of Dominion Energy from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday, February 9th. Wells Fargo & Company cut their price target on shares of Dominion Energy from $67.00 to $64.00 and set an “overweight” rating for the company in a report on Tuesday, January 20th. Bank of America increased their price target on shares of Dominion Energy from $63.00 to $65.00 and gave the stock a “neutral” rating in a report on Wednesday, April 15th. Jefferies Financial Group increased their target price on shares of Dominion Energy from $60.00 to $65.00 and gave the company a “hold” rating in a report on Friday, April 10th. Finally, Scotiabank increased their target price on shares of Dominion Energy from $63.00 to $67.00 and gave the company a “sector perform” rating in a report on Monday, March 2nd. Three equities research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, Dominion Energy presently has a consensus rating of “Hold” and an average target price of $65.69.

Dominion Energy Trading Down 1.7%

NYSE D opened at $61.14 on Tuesday. The stock has a market capitalization of $53.74 billion, a P/E ratio of 17.77, a P/E/G ratio of 3.27 and a beta of 0.67. Dominion Energy has a 52-week low of $52.43 and a 52-week high of $67.57. The firm has a 50-day moving average price of $62.95 and a 200 day moving average price of $61.18. 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 results on Monday, February 23rd. The utilities provider reported $0.68 earnings per share (EPS) for the quarter, topping the consensus estimate 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 net margin of 18.05% and a return on equity of 9.67%. The firm’s revenue for the quarter was up 20.4% on a year-over-year basis. During the same period in the prior year, the company posted $0.58 earnings per share. Dominion Energy has set its FY 2026 guidance at 3.450-3.690 EPS. Equities research analysts expect that Dominion Energy will post 3.6 EPS for the current year.

Dominion Energy Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, March 20th. Shareholders of record on Friday, February 27th were issued a $0.6675 dividend. The ex-dividend date of this dividend was Friday, February 27th. This represents a $2.67 dividend on an annualized basis and a yield of 4.4%. Dominion Energy’s dividend payout ratio (DPR) is 77.62%.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the stock. Wellington Management Group LLP increased its stake 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 purchasing an additional 14,197,581 shares in the last quarter. Norges Bank purchased a new position in shares of Dominion Energy during the 4th quarter worth approximately $655,142,000. Capital Research Global Investors increased its stake in shares of Dominion Energy by 22.4% during the 3rd quarter. Capital Research Global Investors now owns 54,850,042 shares of the utilities provider’s stock worth $3,355,175,000 after purchasing an additional 10,049,691 shares in the last quarter. Mizuho Markets Americas LLC increased its stake in shares of Dominion Energy by 139.3% during the 3rd quarter. Mizuho Markets Americas LLC now owns 867,500 shares of the utilities provider’s stock worth $53,065,000 after purchasing an additional 3,073,835 shares in the last quarter. Finally, Adage Capital Partners GP L.L.C. purchased a new position in shares of Dominion Energy during the 4th quarter worth approximately $125,495,000. 73.04% of the stock is owned by hedge funds and other institutional investors.

Key Stories Impacting Dominion Energy

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

• Positive Sentiment: Analysts at Zacks and Yahoo highlight Dominion’s strong history of earnings surprises and say the company has the setup to beat estimates again, which could support the shares if Q1 results exceed consensus. Will Dominion Energy (D) Beat Estimates Again in Its Next Earnings Report?
• Positive Sentiment: EdgeCore Digital Infrastructure secured $1.5B in construction financing for hyperscale data centers in Northern Virginia — a region served by Dominion — which could lift long-term power demand and regulated/contracted sales in the utility’s service territory. This is a structural demand tailwind if projects proceed. EdgeCore Digital Infrastructure Secures $1.5 Billion of Construction Financing for Two Fully Leased Hyperscale Data Centers in Northern Virginia
• Neutral Sentiment: Truist initiated coverage with a “hold” and a $67 price target — a modest upside from current levels — which is not a strong buy signal but provides incremental analyst support and a reference point for valuation. Truist Financial Initiates Coverage
• Negative Sentiment: Morgan Stanley trimmed its price target from $69 to $68 and keeps an “equal weight” rating, signaling a slightly less bullish view on near-term upside and contributing to selling pressure. Morgan Stanley Lowers Price Target
• Negative Sentiment: Analysts cited in Barchart/MSN expect a single‑digit decline in Q1 EPS, raising the bar for management to deliver or beat guidance; any weaker-than-expected Q1 print would likely push the stock lower. What You Need To Know Ahead of Dominion Energy’s Earnings Release
• Negative Sentiment: Market-focused coverage notes the shares are trading down relative to the broader market today, reflecting a combination of the items above and increased volume as investors reposition into/away from the name ahead of earnings. Dominion Energy (D) Dips More Than Broader Market

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.