Dominion Energy (NYSE:D) Price Target Lowered to $66.00 at Truist Financial

Dominion Energy (NYSE:D) had its price target cut by research analysts at Truist Financial from $68.00 to $66.00 in a research report issued on Thursday,Benzinga reports. The brokerage currently has a “hold” rating on the utilities provider’s stock. Truist Financial’s price target indicates a potential downside of 3.79% from the company’s previous close.

D has been the topic of a number of other research reports. Wall Street Zen lowered Dominion Energy from a “hold” rating to a “sell” rating in a research report on Saturday, May 16th. Seaport Research Partners lowered shares of Dominion Energy from a “buy” rating to a “hold” rating in a research report on Wednesday, May 20th. BMO Capital Markets lifted their price objective on shares of Dominion Energy from $64.00 to $70.00 and gave the company a “market perform” rating in a research note on Wednesday, July 22nd. Bank of America upped their price objective on shares of Dominion Energy from $63.00 to $65.00 and gave the company a “neutral” rating in a report on Wednesday, April 15th. Finally, Royal Bank Of Canada raised their target price on shares of Dominion Energy from $66.00 to $72.00 and gave the stock a “sector perform” rating in a report on Tuesday, May 19th. Four equities research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $68.00.

Dominion Energy Stock Performance

D stock traded up $0.56 during midday trading on Thursday, reaching $68.60. The stock had a trading volume of 1,031,615 shares, compared to its average volume of 5,831,020. The firm has a fifty day simple moving average of $69.01 and a two-hundred day simple moving average of $65.27. Dominion Energy has a 52-week low of $55.85 and a 52-week high of $72.99. The company has a debt-to-equity ratio of 1.43, a quick ratio of 0.64 and a current ratio of 0.81. The stock has a market cap of $60.34 billion, a PE ratio of 23.90 and a beta of 0.65.

Dominion Energy (NYSE:D) last posted its quarterly earnings results on Friday, July 31st. The utilities provider reported $0.79 earnings per share for the quarter, beating the consensus estimate of $0.68 by $0.11. The business had revenue of $4.48 billion for the quarter, compared to the consensus estimate of $4.04 billion. Dominion Energy had a return on equity of 9.62% and a net margin of 13.98%.The company’s quarterly revenue was up 17.6% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.75 EPS. Dominion Energy has set its FY 2026 guidance at 3.450-3.690 EPS. As a group, equities research analysts anticipate that Dominion Energy will post 3.57 EPS for the current year.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of D. Motiv8 Investments LLC acquired a new stake in shares of Dominion Energy during the 4th quarter worth approximately $25,000. Blueline Advisors LLC purchased a new position in shares of Dominion Energy during the 4th quarter valued at approximately $28,000. Triumph Capital Management acquired a new position in shares of Dominion Energy in the 3rd quarter valued at $28,000. Costello Asset Management INC lifted its stake in shares of Dominion Energy by 66.7% in the 4th quarter. Costello Asset Management INC now owns 500 shares of the utilities provider’s stock valued at $29,000 after purchasing an additional 200 shares during the period. Finally, Advocate Investing Services LLC purchased a new stake in Dominion Energy during the fourth quarter worth $29,000. 73.04% of the stock is owned by institutional investors and hedge funds.

Dominion Energy News Roundup

Here are the key news stories impacting Dominion Energy this week:

• Positive Sentiment: Growing electricity demand from data centers could support Dominion’s long-term load growth and earnings outlook. However, the company is being pushed into more expensive power markets to meet that demand, which could limit the benefit to margins. Why Is Dominion Energy In Focus As Data Center Demand Grows Today?
• Positive Sentiment: The Virginia State Corporation Commission ordered Dominion to directly assign certain transmission costs to data centers. This could reduce the risk that residential customers—and potentially Dominion’s broader customer base—absorb infrastructure costs tied to large-load growth, although regulators may consider extending the policy to additional upstream costs. Dominion ordered to directly assign some transmission costs to data centers
• Neutral Sentiment: Dominion is seeking approval in North Carolina to recover higher fuel costs through customer bills. The request could protect cash flow by passing costs through, but higher rates may create affordability concerns and additional regulatory or political resistance. Dominion Energy seeks approval for fuel cost increase in North Carolina
• Neutral Sentiment: NextEra Energy filed an SEC report detailing the financial aspects of its proposed Dominion transaction, indicating continued progress on the deal. The merger remains subject to regulatory review and public debate. NextEra Energy Submits SEC Report Detailing Financials for Dominion Energy Merger
• Negative Sentiment: Opposition to the NextEra-Dominion merger is increasing, with concerns about the Virginia SCC chair’s potential conflict of interest and calls from some lawmakers to oppose the transaction. The controversy could prolong approval timelines or increase deal uncertainty. Senator concerned about Virginia SCC chair and NextEra-Dominion merger
• Negative Sentiment: Reports that the data-center surge is forcing Dominion into costlier energy markets highlight a risk that rising demand may require substantial spending and produce weaker near-term profitability than investors expect. Virginia data center surge pushing Dominion into costlier energy markets

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.