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

Shares of Dominion Energy Inc. (NYSE:D) have been assigned a consensus recommendation of “Hold” from the twelve research firms that are presently covering the firm, MarketBeat.com reports. One analyst has rated the stock with a sell rating, eight have issued a hold rating and three have assigned a buy rating to the company. The average twelve-month price target among brokers that have updated their coverage on the stock in the last year is $65.20.

Several equities research analysts have recently issued reports on the stock. TD Cowen initiated coverage on shares of Dominion Energy in a research note on Friday, January 9th. They issued a “hold” rating and a $65.00 price objective on the stock. JPMorgan Chase & Co. cut their target price on shares of Dominion Energy from $62.00 to $59.00 and set an “underweight” rating for the company in a research note on Thursday, December 11th. Mizuho increased their price target on shares of Dominion Energy from $62.00 to $66.00 and gave the company a “neutral” rating in a report on Tuesday, February 24th. Scotiabank raised their price target 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. Finally, Wells Fargo & Company dropped their price objective 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

Institutional investors and hedge funds have recently modified their holdings of the company. Cornerstone Planning LLC bought a new position in Dominion Energy in the fourth quarter worth $904,000. Rockefeller Capital Management L.P. increased its holdings in Dominion Energy by 39.1% in the 4th quarter. Rockefeller Capital Management L.P. now owns 260,507 shares of the utilities provider’s stock valued at $15,263,000 after buying an additional 73,276 shares during the period. World Investment Advisors raised its stake in shares of Dominion Energy by 29.6% in the 4th quarter. World Investment Advisors now owns 17,337 shares of the utilities provider’s stock valued at $1,016,000 after buying an additional 3,959 shares in the last quarter. Nalls Sherbakoff Group LLC acquired a new position in shares of Dominion Energy in the 4th quarter valued at $215,000. Finally, Advisortrust Partners LLC bought a new position in shares of Dominion Energy during the 4th quarter worth about $625,000. 73.04% of the stock is currently owned by institutional investors.

Dominion Energy Stock Down 0.0%

Dominion Energy stock opened at $60.89 on Tuesday. The company has a debt-to-equity ratio of 1.36, a current ratio of 0.77 and a quick ratio of 0.59. Dominion Energy has a fifty-two week low of $48.07 and a fifty-two week high of $67.57. The firm has a fifty day moving average price of $62.46 and a two-hundred day moving average price of $60.91. The firm has a market cap of $53.52 billion, a price-to-earnings ratio of 17.70, a P/E/G ratio of 1.65 and a beta of 0.71.

Dominion Energy (NYSE:D) last released its earnings results on Monday, February 23rd. The utilities provider reported $0.68 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.67 by $0.01. The firm had revenue of $4.09 billion for the quarter, compared to analyst estimates of $3.65 billion. Dominion Energy had a return on equity of 9.67% and a net margin of 18.05%.The company’s revenue was up 20.4% on a year-over-year basis. During the same quarter last year, the firm posted $0.58 EPS. Dominion Energy has set its FY 2026 guidance at 3.450-3.690 EPS. As a group, analysts forecast that Dominion Energy will post 3.39 earnings per share for the current year.

Dominion Energy Dividend Announcement

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

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.