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

Shares of Dominion Energy Inc. (NYSE:D) have earned a consensus recommendation of “Hold” from the thirteen research firms that are currently covering the company, Marketbeat Ratings reports. One research analyst has rated the stock with a sell recommendation, nine have issued a hold recommendation and three have given a buy recommendation to the company. The average twelve-month price target among analysts that have issued ratings on the stock in the last year is $65.20.

Several brokerages recently commented on D. TD Cowen started coverage on Dominion Energy in a research note on Friday, January 9th. They issued a “hold” rating and a $65.00 price target for the company. JPMorgan Chase & Co. cut their price objective on shares of Dominion Energy from $62.00 to $59.00 and set an “underweight” rating on the stock in a research report on Thursday, December 11th. Scotiabank boosted their target price on shares of Dominion Energy from $63.00 to $67.00 and gave the stock a “sector perform” rating in a research report on Monday, March 2nd. Mizuho increased 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. Finally, Wells Fargo & Company cut their price target on shares of Dominion Energy from $67.00 to $64.00 and set an “overweight” rating on the stock in a report on Tuesday, January 20th.

Institutional Trading of Dominion Energy

A number of institutional investors and hedge funds have recently made changes to their positions in D. AustralianSuper Pty Ltd raised its holdings in Dominion Energy by 1,785.9% in the 3rd 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 during the period. Kera Capital Partners Inc. bought a new stake in Dominion Energy during the third quarter valued at about $3,574,000. Vanguard Group Inc. grew its position 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 valued at $6,493,741,000 after purchasing an additional 363,610 shares during the last quarter. Virtus Advisers LLC acquired a new stake in shares of Dominion Energy in the second quarter valued at about $240,000. Finally, ANTIPODES PARTNERS Ltd increased 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 purchasing an additional 1,733,143 shares during the period. Institutional investors and hedge funds own 73.04% of the company’s stock.

Dominion Energy Price Performance

Shares of NYSE:D opened at $59.81 on Tuesday. The firm has a market cap of $52.57 billion, a price-to-earnings ratio of 17.39, a P/E/G ratio of 1.61 and a beta of 0.71. Dominion Energy has a 1 year low of $48.07 and a 1 year high of $67.57. The company has a current ratio of 0.77, a quick ratio of 0.59 and a debt-to-equity ratio of 1.36. The business has a fifty day simple moving average of $62.42 and a 200 day simple moving average of $60.86.

Dominion Energy (NYSE:D) last issued 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. Dominion Energy had a return on equity of 9.67% and a net margin of 18.05%.The firm had revenue of $4.09 billion for the quarter, compared to the consensus estimate of $3.65 billion. During the same quarter in the previous year, the company posted $0.58 earnings per share. The business’s quarterly revenue was up 20.4% compared to the same quarter last year. Dominion Energy has set its FY 2026 guidance at 3.450-3.690 EPS. As a group, sell-side analysts predict that Dominion Energy will post 3.39 earnings per share for the current fiscal year.

Dominion Energy Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 20th. Shareholders of record on Friday, February 27th were given a dividend of $0.6675 per share. This represents a $2.67 annualized dividend and a yield of 4.5%. The ex-dividend date of this dividend was Friday, February 27th. Dominion Energy’s dividend payout ratio is presently 77.62%.

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.