Dominion Energy (NYSE:D) Given New $68.00 Price Target at Morgan Stanley

Dominion Energy (NYSE:D) had its target price trimmed by Morgan Stanley from $69.00 to $68.00 in a research note released on Tuesday morning,Benzinga reports. The firm currently has an equal weight rating on the utilities provider’s stock.

D has been the subject of several other reports. Wells Fargo & Company reduced their price objective on Dominion Energy from $67.00 to $64.00 and set an “overweight” rating for the company in a research note on Tuesday, January 20th. Jefferies Financial Group lifted their target price on shares of Dominion Energy from $60.00 to $65.00 and gave the stock a “hold” rating in a research note on Friday, April 10th. Truist Financial started coverage on shares of Dominion Energy in a report on Tuesday. They set a “hold” rating and a $67.00 target price for the company. 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 research report on Monday, March 2nd. Finally, Mizuho raised their price target on shares of Dominion Energy from $62.00 to $66.00 and gave the stock a “neutral” rating in a research note on Tuesday, February 24th. Three research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $65.69.

Dominion Energy Trading Down 1.7%

D stock opened at $61.14 on Tuesday. The company has a current ratio of 0.77, a quick ratio of 0.59 and a debt-to-equity ratio of 1.36. Dominion Energy has a 12-month low of $52.43 and a 12-month high of $67.57. The stock has a market cap of $53.74 billion, a price-to-earnings ratio of 17.77, a PEG ratio of 3.27 and a beta of 0.67. The business’s 50-day moving average is $62.95 and its 200 day moving average is $61.18.

Dominion Energy (NYSE:D) last announced its earnings results on Monday, February 23rd. The utilities provider reported $0.68 EPS for the quarter, beating analysts’ consensus estimates of $0.67 by $0.01. The business 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%.The business’s revenue was up 20.4% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.58 earnings per share. Dominion Energy has set its FY 2026 guidance at 3.450-3.690 EPS. On average, sell-side analysts anticipate that Dominion Energy will post 3.6 EPS for the current fiscal year.

Dominion Energy Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 20th. Shareholders of record on Friday, February 27th were paid a dividend of $0.6675 per share. 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 payout ratio is 77.62%.

Institutional Trading of Dominion Energy

A number of hedge funds and other institutional investors have recently modified their holdings of D. Wellington Management Group LLP grew its holdings in shares of Dominion Energy by 46.2% in the fourth quarter. Wellington Management Group LLP now owns 44,943,727 shares of the utilities provider’s stock valued at $2,633,253,000 after purchasing an additional 14,197,581 shares during the period. Norges Bank purchased a new position in Dominion Energy during the fourth quarter worth about $655,142,000. Capital Research Global Investors raised its stake in Dominion Energy by 22.4% during the third 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 during the period. Mizuho Markets Americas LLC boosted its holdings in Dominion Energy by 139.3% in the 3rd quarter. Mizuho Markets Americas LLC now owns 867,500 shares of the utilities provider’s stock valued at $53,065,000 after purchasing an additional 3,073,835 shares during the last quarter. Finally, Adage Capital Partners GP L.L.C. purchased a new stake in shares of Dominion Energy in the 4th quarter valued at approximately $125,495,000. 73.04% of the stock is owned by institutional investors and hedge funds.

Dominion Energy News Roundup

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.