Dominion Energy (NYSE:D – Get Free Report) had its price target decreased by Barclays from $64.00 to $63.00 in a research report issued on Thursday,Benzinga reports. The firm presently has an “overweight” rating on the utilities provider’s stock. Barclays‘s price target would indicate a potential upside of 3.71% from the company’s previous close.
A number of other analysts also recently weighed in on the company. Morgan Stanley increased their price target on Dominion Energy from $63.00 to $66.00 and gave the stock an “equal weight” rating in a report on Wednesday, October 22nd. Weiss Ratings restated a “hold (c+)” rating on shares of Dominion Energy in a research report on Monday, December 29th. Evercore ISI began coverage on Dominion Energy in a research note on Tuesday, October 7th. They set an “in-line” rating and a $67.00 target price for the company. 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 on the stock. Finally, BMO Capital Markets cut their price target on Dominion Energy from $67.00 to $65.00 and set a “market perform” rating on the stock in a report on Monday, November 3rd. Two analysts have rated the stock with a Buy rating, nine have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, Dominion Energy has a consensus rating of “Hold” and a consensus price target of $64.33.
Get Our Latest Stock Analysis on Dominion Energy
Dominion Energy Trading Down 0.3%
Dominion Energy (NYSE:D – Get Free Report) last released its quarterly earnings results on Friday, October 31st. The utilities provider reported $1.06 EPS for the quarter, beating analysts’ consensus estimates of $1.02 by $0.04. The firm had revenue of $4.53 billion for the quarter, compared to analyst estimates of $4.71 billion. Dominion Energy had a return on equity of 9.60% and a net margin of 16.17%.The business’s revenue was up 14.9% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.98 EPS. Dominion Energy has set its FY 2025 guidance at 3.330-3.480 EPS. Sell-side analysts expect that Dominion Energy will post 3.39 earnings per share for the current fiscal year.
Institutional Investors Weigh In On Dominion Energy
Several hedge funds have recently modified their holdings of the company. Fiduciary Alliance LLC increased its position in Dominion Energy by 3.8% during the fourth quarter. Fiduciary Alliance LLC now owns 7,419 shares of the utilities provider’s stock worth $435,000 after purchasing an additional 272 shares during the last quarter. Westbourne Investments Inc. purchased a new stake in shares of Dominion Energy during the 4th quarter valued at approximately $240,000. Personal CFO Solutions LLC lifted its holdings in Dominion Energy by 3.4% in the fourth quarter. Personal CFO Solutions LLC now owns 23,986 shares of the utilities provider’s stock valued at $1,405,000 after acquiring an additional 786 shares during the last quarter. OFI Invest Asset Management purchased a new position in Dominion Energy in the fourth quarter worth approximately $255,000. Finally, Financial Consulate Inc. increased its stake in Dominion Energy by 59.1% during the fourth quarter. Financial Consulate Inc. now owns 1,757 shares of the utilities provider’s stock worth $103,000 after acquiring an additional 653 shares during the last quarter. 73.04% of the stock is owned by hedge funds and other institutional investors.
Key Dominion Energy News
Here are the key news stories impacting Dominion Energy this week:
- Positive Sentiment: Regulatory approval to restart work on the Coastal Virginia offshore wind project reduces execution uncertainty and supports long‑term growth in renewables. Dominion Secures OK to Restart Work on Coastal Virginia Offshore Wind
- Positive Sentiment: A court victory for the ~$11B Virginia offshore wind project is a legal win that lowers the risk of further project delays or cancellations, supporting future cash flows tied to the buildout. $11B Virginia Offshore Wind Project is Latest to Win Its Day in Court
- Neutral Sentiment: Dominion is publicly preparing for winter storms and warning of possible outages — this highlights operational readiness but also the potential for short‑term restoration costs if severe weather hits. Dominion, Community Electric Cooperative warn winter ice may lead to outages
- Neutral Sentiment: Community and PR activity: the Dominion Energy Charitable Foundation opened its spring grant cycle — positive for community relations but unlikely to move fundamentals. Dominion Energy Charitable Foundation Spring Grant Cycle Now Open
- Negative Sentiment: An analyst update trimmed the price target and lowered expectations (Wells Fargo cut its target from $67 to $64 while keeping an overweight stance) — this narrows perceived upside and can weigh on sentiment. Wells Fargo & Company Has Lowered Expectations for Dominion Energy (NYSE:D) Stock Price
- Negative Sentiment: Solar advocacy groups are fighting Dominion’s net‑metering proposal, signaling regulatory pushback that could complicate rate design or revenue initiatives tied to distributed generation policies. Solar advocates push against Dominion’s net metering proposal
- Negative Sentiment: Customer complaints over high electric bills have drawn attention and required public explanation from Dominion — sustained scrutiny could lead to reputational or regulatory pressure. Dominion Energy gives reasoning for high electric bills in Virginia
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.
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