Barclays Cuts Dominion Energy (NYSE:D) Price Target to $63.00

Dominion Energy (NYSE:D) had its target price reduced by Barclays from $64.00 to $63.00 in a report released on Thursday,Benzinga reports. They currently have an overweight rating on the utilities provider’s stock.

A number of other research analysts also recently commented on the company. Wells Fargo & Company reduced their price target on Dominion Energy from $67.00 to $64.00 and set an “overweight” rating for the company in a report on Tuesday, January 20th. Evercore ISI started coverage on Dominion Energy in a research report on Tuesday, October 7th. They issued an “in-line” rating and a $67.00 target price on the stock. Royal Bank Of Canada reissued a “sector perform” rating and set a $70.00 price target on shares of Dominion Energy in a research report on Tuesday, October 28th. JPMorgan Chase & Co. cut their price target on shares of Dominion Energy from $62.00 to $59.00 and set an “underweight” rating on the stock in a report on Thursday, December 11th. Finally, BMO Capital Markets reduced their price objective on shares of Dominion Energy from $67.00 to $65.00 and set a “market perform” rating on the stock in a research note on Monday, November 3rd. Two equities research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $64.33.

Dominion Energy Stock Down 0.6%

Shares of NYSE:D opened at $59.56 on Thursday. The company has a quick ratio of 0.65, a current ratio of 0.84 and a debt-to-equity ratio of 1.41. The company has a market capitalization of $50.87 billion, a P/E ratio of 20.26, a P/E/G ratio of 1.61 and a beta of 0.72. Dominion Energy has a 52-week low of $48.07 and a 52-week high of $62.87. The stock’s fifty day simple moving average is $59.70 and its 200-day simple moving average is $59.91.

Dominion Energy (NYSE:D) last announced its quarterly earnings data 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 business had revenue of $4.53 billion during the quarter, compared to the consensus estimate 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 for the quarter was up 14.9% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.98 earnings per share. Dominion Energy has set its FY 2025 guidance at 3.330-3.480 EPS. As a group, equities research analysts forecast that Dominion Energy will post 3.39 earnings per share for the current fiscal year.

Dominion Energy Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Saturday, December 20th. Investors of record on Friday, December 5th were issued a $0.6675 dividend. This represents a $2.67 dividend on an annualized basis and a yield of 4.5%. The ex-dividend date of this dividend was Friday, December 5th. Dominion Energy’s dividend payout ratio is 90.82%.

Institutional Trading of Dominion Energy

Institutional investors have recently made changes to their positions in the stock. Patton Fund Management Inc. purchased a new position in Dominion Energy in the 2nd quarter worth $235,000. Rockefeller Capital Management L.P. boosted its position in Dominion Energy by 6.9% during the second quarter. Rockefeller Capital Management L.P. now owns 186,885 shares of the utilities provider’s stock valued at $10,563,000 after buying an additional 12,041 shares during the period. Kera Capital Partners Inc. bought a new position in shares of Dominion Energy during the third quarter valued at about $3,574,000. Vanguard Group Inc. grew its stake in shares of Dominion Energy by 16.2% during the second quarter. Vanguard Group Inc. now owns 105,795,310 shares of the utilities provider’s stock valued at $5,979,551,000 after buying an additional 14,715,895 shares during the last quarter. Finally, Bryn Mawr Trust Advisors LLC increased its holdings in shares of Dominion Energy by 19.0% in the second quarter. Bryn Mawr Trust Advisors LLC now owns 104,710 shares of the utilities provider’s stock worth $5,918,000 after buying an additional 16,731 shares during the period. 73.04% of the stock is owned by institutional investors and hedge funds.

Dominion Energy News Summary

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

• Positive Sentiment: Board declared a quarterly dividend of $0.6675 per share (payable Mar. 20, record Feb. 27). Reinforces income profile and dividend continuity for income investors. Article Title
• Positive Sentiment: Regulatory/operational win: Dominion secured approval to restart work on its Coastal Virginia offshore wind project — a long?term growth asset if execution continues. This supports future revenue diversification beyond regulated utility earnings. Article Title
• Neutral Sentiment: Company is actively mobilizing crews and resources ahead of a major winter/ice storm across Virginia and Hampton Roads — communications emphasize preparation and possible multi-day outages. Operational readiness should limit damage, but the weather event raises short-term service risk and potential restoration costs. Article Title
• Neutral Sentiment: Local development: a former Dominion tower in Richmond is being redeveloped in a $158M makeover — a real estate/capital redeployment note with limited direct impact on the utility’s core earnings. Article Title
• Negative Sentiment: Analyst moves: Barclays trimmed its price target (from $64 to $63) despite keeping an overweight rating, and other outlets report Wells Fargo has lowered expectations — analyst repricing is weighing on sentiment and removes some upside. Article Title
• Negative Sentiment: Near?term political/community risk: Prince William County school board asked Dominion to reconsider siting a power line on school property — potential local opposition that could slow projects or raise permitting costs if similar disputes arise. Article Title
• Negative Sentiment: Market context: coverage pieces and trade writeups note the stock has slid recently amid broader market strength; that technical/flow weakness can amplify selling after the analyst moves and weather concerns. Article Title

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.