Dominion Energy (NYSE:D – Get Free Report) had its price objective dropped by analysts at Barclays from $70.00 to $69.00 in a report released on Tuesday,Benzinga reports. The firm currently has an “overweight” rating on the utilities provider’s stock. Barclays‘s price objective would suggest a potential upside of 1.55% from the company’s previous close.
D has been the subject of several other research reports. Jefferies Financial Group upgraded Dominion Energy from a “hold” rating to a “buy” rating and increased their target price for the stock from $65.00 to $76.00 in a research report on Thursday, May 28th. Seaport Research Partners lowered shares of Dominion Energy from a “buy” rating to a “hold” rating in a report on Wednesday, May 20th. Morgan Stanley lowered their price objective on shares of Dominion Energy from $69.00 to $68.00 and set an “equal weight” rating for the company in a research report on Tuesday, April 21st. Wells Fargo & Company boosted their target price on shares of Dominion Energy from $66.00 to $68.00 and gave the stock an “overweight” rating in a report on Friday, May 15th. Finally, Scotiabank upped their target price on shares of Dominion Energy from $63.00 to $67.00 and gave the company a “sector perform” rating in a research report on Monday, March 2nd. Four equities research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, Dominion Energy currently has a consensus rating of “Hold” and an average target price of $67.62.
Get Our Latest Stock Analysis on D
Dominion Energy Stock Performance
Dominion Energy (NYSE:D – Get Free Report) last released its earnings results on Friday, May 1st. The utilities provider reported $0.95 earnings per share for the quarter, beating the consensus estimate of $0.90 by $0.05. The company had revenue of $5.02 billion for the quarter, compared to the consensus estimate of $4.43 billion. Dominion Energy had a return on equity of 9.63% and a net margin of 16.93%.Dominion Energy’s quarterly revenue was up 23.1% compared to the same quarter last year. During the same period in the previous year, the business earned $0.93 earnings per share. Dominion Energy has set its FY 2026 guidance at 3.450-3.690 EPS. As a group, sell-side analysts anticipate that Dominion Energy will post 3.59 EPS for the current year.
Institutional Trading of Dominion Energy
A number of large investors have recently made changes to their positions in D. AustralianSuper Pty Ltd boosted its position in Dominion Energy by 1,785.9% during the third quarter. AustralianSuper Pty Ltd now owns 519,100 shares of the utilities provider’s stock worth $31,753,000 after purchasing an additional 491,574 shares in the last quarter. Wellington Management Group LLP increased its position in shares of Dominion Energy by 4.4% in the third quarter. Wellington Management Group LLP now owns 30,746,146 shares of the utilities provider’s stock valued at $1,880,742,000 after buying an additional 1,298,881 shares in the last quarter. CWA Asset Management Group LLC raised its stake in shares of Dominion Energy by 192.1% during the 4th quarter. CWA Asset Management Group LLC now owns 37,068 shares of the utilities provider’s stock worth $2,172,000 after buying an additional 24,376 shares during the period. SageView Advisory Group LLC lifted its position in shares of Dominion Energy by 100.8% during the 3rd quarter. SageView Advisory Group LLC now owns 56,167 shares of the utilities provider’s stock valued at $3,436,000 after buying an additional 28,199 shares in the last quarter. Finally, Capital Research Global Investors grew its stake in Dominion Energy by 22.4% in the 3rd quarter. Capital Research Global Investors now owns 54,850,042 shares of the utilities provider’s stock valued at $3,355,175,000 after acquiring an additional 10,049,691 shares during the period. 73.04% of the stock is owned by hedge funds and other 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.
Further Reading
- Five stocks we like better than Dominion Energy
- BitMine’s Ethereum Bet Is Only Part of the Story
- 5 Ways to Play Prime Day That Aren’t Amazon
- SpaceX Valuation Loses Altitude as AI Risks Mount
- Copa Holdings May Be the Airline Stock Built to Break Out
Receive News & Ratings for Dominion Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Dominion Energy and related companies with MarketBeat.com's FREE daily email newsletter.
