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

Dominion Energy Inc. (NYSE:D) has been assigned a consensus recommendation of “Hold” from the fifteen analysts that are presently covering the firm, Marketbeat reports. One equities research analyst has rated the stock with a sell recommendation, ten have issued a hold recommendation and four have assigned a buy recommendation to the company. The average 12-month target price among brokerages that have covered the stock in the last year is $67.6154.

A number of analysts have recently issued reports on D shares. Jefferies Financial Group raised shares of Dominion Energy from a “hold” rating to a “buy” rating and lifted their price objective for the stock from $65.00 to $76.00 in a report on Thursday, May 28th. Seaport Research Partners downgraded Dominion Energy from a “buy” rating to a “hold” rating in a research report on Wednesday, May 20th. Barclays dropped their price target on Dominion Energy from $70.00 to $69.00 and set an “overweight” rating for the company in a research note on Tuesday, June 23rd. Royal Bank Of Canada upped their price objective on Dominion Energy from $66.00 to $72.00 and gave the stock a “sector perform” rating in a report on Tuesday, May 19th. Finally, Wells Fargo & Company increased their price objective on Dominion Energy from $66.00 to $68.00 and gave the company an “overweight” rating in a research report on Friday, May 15th.

Dominion Energy Price Performance

Dominion Energy stock traded up $1.10 during mid-day trading on Thursday, hitting $70.36. 498,147 shares of the company traded hands, compared to its average volume of 6,168,511. Dominion Energy has a one year low of $55.36 and a one year high of $70.54. The stock has a market cap of $61.88 billion, a price-to-earnings ratio of 20.83 and a beta of 0.65. The company has a debt-to-equity ratio of 1.38, a quick ratio of 0.61 and a current ratio of 0.78. The stock has a fifty day moving average price of $66.19 and a 200-day moving average price of $63.19.

Dominion Energy (NYSE:D) last released its quarterly earnings results on Friday, May 1st. The utilities provider reported $0.95 EPS for the quarter, topping analysts’ consensus estimates of $0.90 by $0.05. The business had revenue of $5.02 billion during the quarter, compared to analysts’ expectations of $4.43 billion. Dominion Energy had a net margin of 16.93% and a return on equity of 9.63%. The business’s quarterly revenue was up 23.1% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.93 EPS. Dominion Energy has set its FY 2026 guidance at 3.450-3.690 EPS. On average, equities analysts predict that Dominion Energy will post 3.59 earnings per share for the current fiscal year.

Dominion Energy Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Saturday, June 20th. Shareholders of record on Friday, May 29th were given a dividend of $0.6675 per share. This represents a $2.67 dividend on an annualized basis and a yield of 3.8%. The ex-dividend date was Friday, May 29th. Dominion Energy’s dividend payout ratio (DPR) is presently 78.99%.

Institutional Investors Weigh In On Dominion Energy

A number of hedge funds have recently made changes to their positions in the business. CoreCap Advisors LLC raised its holdings in Dominion Energy by 16.1% during the 2nd quarter. CoreCap Advisors LLC now owns 18,791 shares of the utilities provider’s stock valued at $1,283,000 after buying an additional 2,599 shares during the last quarter. Howard Financial Services LTD. grew its holdings in Dominion Energy by 6.5% in the 2nd quarter. Howard Financial Services LTD. now owns 4,268 shares of the utilities provider’s stock worth $291,000 after acquiring an additional 262 shares during the last quarter. Private Client Services LLC grew its holdings in Dominion Energy by 14.8% in the 2nd quarter. Private Client Services LLC now owns 6,677 shares of the utilities provider’s stock worth $456,000 after acquiring an additional 862 shares during the last quarter. Versant Capital Management Inc increased its position in shares of Dominion Energy by 31.2% in the second quarter. Versant Capital Management Inc now owns 4,867 shares of the utilities provider’s stock valued at $332,000 after acquiring an additional 1,157 shares during the period. Finally, KERR FINANCIAL PLANNING Corp raised its stake in shares of Dominion Energy by 384.3% during the second quarter. KERR FINANCIAL PLANNING Corp now owns 954 shares of the utilities provider’s stock valued at $65,000 after acquiring an additional 757 shares during the last quarter. 73.04% of the stock is currently owned by institutional investors.

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.