Dominion Energy (NYSE:D) Receives “Neutral” Rating from Seaport Research Partners

Dominion Energy (NYSE:DGet Free Report)‘s stock had its “neutral” rating reaffirmed by research analysts at Seaport Research Partners in a report released on Wednesday,Benzinga reports.

Several other research firms have also recently issued reports on D. Wells Fargo & Company boosted their target price on shares of Dominion Energy from $66.00 to $68.00 and gave the company an “overweight” rating in a research note on Friday, May 15th. Barclays boosted their target price on shares of Dominion Energy from $66.00 to $70.00 and gave the company an “overweight” rating in a research note on Monday, May 4th. Truist Financial started coverage on shares of Dominion Energy in a research note on Tuesday, April 21st. They issued a “hold” rating and a $67.00 target price for the company. Royal Bank Of Canada boosted their target price on shares of Dominion Energy from $66.00 to $72.00 and gave the company a “sector perform” rating in a research note on Tuesday. Finally, Jefferies Financial Group upped their price objective on shares of Dominion Energy from $60.00 to $65.00 and gave the stock a “hold” rating in a research report on Friday, April 10th. 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’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $66.46.

View Our Latest Analysis on D

Dominion Energy Stock Performance

D opened at $68.10 on Wednesday. The company has a debt-to-equity ratio of 1.38, a current ratio of 0.78 and a quick ratio of 0.61. The firm has a fifty day moving average price of $62.52 and a 200 day moving average price of $61.47. Dominion Energy has a 1 year low of $53.36 and a 1 year high of $68.97. The stock has a market cap of $59.89 billion, a P/E ratio of 20.15, a P/E/G ratio of 3.55 and a beta of 0.65.

Dominion Energy (NYSE:DGet Free Report) last posted its earnings results on Friday, May 1st. The utilities provider reported $0.95 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.90 by $0.05. Dominion Energy had a net margin of 16.93% and a return on equity of 9.63%. The firm had revenue of $5.02 billion during the quarter, compared to analysts’ expectations of $4.43 billion. During the same period in the previous year, the business posted $0.93 EPS. The business’s revenue was up 23.1% compared to the same quarter last year. Dominion Energy has set its FY 2026 guidance at 3.450-3.690 EPS. Equities research analysts anticipate that Dominion Energy will post 3.59 earnings per share for the current year.

Institutional Investors Weigh In On Dominion Energy

A number of large investors have recently modified their holdings of D. Wellington Management Group LLP grew its holdings in shares of Dominion Energy by 46.2% during the fourth quarter. Wellington Management Group LLP now owns 44,943,727 shares of the utilities provider’s stock worth $2,633,253,000 after buying an additional 14,197,581 shares in the last quarter. Norges Bank purchased a new stake in shares of Dominion Energy during the fourth quarter worth $655,142,000. Capital Research Global Investors grew its holdings in shares of 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 buying an additional 10,049,691 shares in the last quarter. London Co. of Virginia grew its holdings in shares of Dominion Energy by 45.3% during the first quarter. London Co. of Virginia now owns 6,943,525 shares of the utilities provider’s stock worth $429,250,000 after buying an additional 2,165,195 shares in the last quarter. Finally, Bank of America Corp DE grew its holdings in shares of Dominion Energy by 15.7% during the first quarter. Bank of America Corp DE now owns 15,930,241 shares of the utilities provider’s stock worth $984,808,000 after buying an additional 2,164,951 shares in the last quarter. Hedge funds and other institutional investors own 73.04% of the company’s stock.

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About Dominion Energy

(Get Free Report)

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.

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