Wells Fargo & Company Issues Positive Forecast for Dominion Energy (NYSE:D) Stock Price

Posted by George Bondi on May 16th, 2026

Dominion Energy (NYSE:D – Free Report) had its price objective increased by Wells Fargo & Company from $66.00 to $68.00 in a research note released on Friday,Benzinga reports. They currently have an overweight rating on the utilities provider’s stock.

D has been the subject of several other reports. Scotiabank upped their target price on Dominion Energy from $63.00 to $67.00 and gave the stock a “sector perform” rating in a research note on Monday, March 2nd. Morgan Stanley cut their target price on Dominion Energy from $69.00 to $68.00 and set an “equal weight” rating for the company in a research note on Tuesday, April 21st. Truist Financial assumed coverage on Dominion Energy in a research note on Tuesday, April 21st. They set a “hold” rating and a $67.00 target price for the company. Jefferies Financial Group upped their target price on Dominion Energy from $60.00 to $65.00 and gave the stock a “hold” rating in a research note on Friday, April 10th. Finally, Mizuho upped their target price on Dominion Energy from $62.00 to $66.00 and gave the stock a “neutral” rating in a research note on Tuesday, February 24th. Three equities 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 data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $66.31.

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Dominion Energy Trading Down 1.8%

Shares of D stock opened at $61.83 on Friday. The company has a current ratio of 0.78, a quick ratio of 0.61 and a debt-to-equity ratio of 1.38. The stock has a market cap of $54.37 billion, a P/E ratio of 18.29, a price-to-earnings-growth ratio of 3.31 and a beta of 0.65. The stock has a 50 day simple moving average of $62.34 and a 200 day simple moving average of $61.35. Dominion Energy has a 1 year low of $53.36 and a 1 year high of $67.57.

Dominion Energy (NYSE:D – Get Free Report) last issued its quarterly 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. The business had revenue of $5.02 billion during the quarter, compared to analysts’ expectations of $4.43 billion. Dominion Energy had a return on equity of 9.63% and a net margin of 16.93%.The firm’s revenue for the quarter was up 23.1% compared to the same quarter last year. During the same period in the previous year, the company posted $0.93 earnings per share. Dominion Energy has set its FY 2026 guidance at 3.450-3.690 EPS. On average, research analysts predict that Dominion Energy will post 3.59 earnings per share for the current fiscal year.

Dominion Energy Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Saturday, June 20th. Investors of record on Friday, May 29th will be issued a $0.6675 dividend. This represents a $2.67 dividend on an annualized basis and a yield of 4.3%. The ex-dividend date is Friday, May 29th. Dominion Energy’s dividend payout ratio is presently 78.99%.

Institutional Trading of Dominion Energy

A number of institutional investors and hedge funds have recently bought and sold shares of D. Motiv8 Investments LLC acquired a new stake in Dominion Energy in the fourth quarter valued at $25,000. Triumph Capital Management acquired a new stake in Dominion Energy in the third quarter valued at $28,000. Blueline Advisors LLC acquired a new stake in Dominion Energy in the fourth quarter valued at $28,000. United Community Bank acquired a new stake in Dominion Energy in the third quarter valued at $29,000. Finally, Costello Asset Management INC increased its holdings in Dominion Energy by 66.7% in the fourth 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. 73.04% of the stock is currently owned by institutional investors and hedge funds.

Dominion Energy Company Profile

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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.