Dominion Energy, Inc.

(New York Stock Exchange)
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Slightly Bullish +25

Brookstone Capital Management Sells 12,270 Shares of Dominion Energy ...

AI-generated analysis

πŸ“‰ Brookstone Capital Management sold 12,270 shares of Dominion Energy in Q1, reducing its holding by 6.4% to 180,377 shares.

πŸ“ˆ Costello Asset Management increased its stake by 66.7% in Q4, purchasing an additional 200 shares for a total value of $29,000.

πŸ’° Dominion Energy reported Q1 revenue of $5.02 billion, beating analyst estimates of $4.43 billion by $590 million.

πŸ“Š The company posted earnings per share of $0.95, surpassing the consensus estimate of $0.90.

πŸš€ Revenue grew 23.1% year-over-year to reach $5.02 billion during the first quarter.

🎯 Jefferies Financial Group upgraded Dominion Energy to a 'Buy' rating and raised its price target to $76.00.

⚠️ Seaport Research Partners downgraded the stock from 'buy' to 'hold' in a report dated May 20th.

πŸ’΅ The company paid a quarterly dividend of $0.6675 per share with an annualized yield of 3.9%.

πŸ“… Dominion Energy set FY 2026 EPS guidance between $3.45 and $3.69, slightly below the analyst consensus of $3.59.

🏒 The firm operates as a diversified energy company with a market capitalization of $59.75 billion.

Bullish Signals
  • Dominion Energy beat quarterly earnings estimates with EPS of $0.95 versus the consensus of $0.90.
  • Revenue surged 23.1% year-over-year to reach $5.02 billion, significantly exceeding analyst expectations of $4.43 billion.
  • Jefferies Financial Group upgraded the stock to a 'Buy' rating and increased its price target from $65.00 to $76.00.
  • Mizuho Capital raised its price target to $72.00, reflecting continued confidence in the utility's valuation.
  • Weiss Ratings improved its rating from 'buy (b-)' to 'buy (b)', indicating strengthened credit or operational outlook.
  • The company maintains a consistent dividend policy with a 3.9% yield and a recent payout of $0.6675 per share.
Risk Factors
  • Seaport Research Partners downgraded the stock from 'buy' to 'hold', signaling caution regarding current valuation or growth prospects.
  • Morgan Stanley reduced its price objective from $69.00 to $68.00 and assigned an 'equal weight' rating.
  • The consensus analyst price target of $67.69 is below the recent trading price of $67.94, suggesting limited upside in current models.
  • Brookstone Capital Management reduced its position by 6.4% in Q1, indicating a lack of bullish conviction from this specific institutional investor.
Full Analysis
Brookstone Capital Management reduced its position in Dominion Energy Inc. (NYSE:D) by 6.4% during the first quarter, selling 12,270 shares to hold a remaining stake of 180,377 shares valued at $11.15 million. While Brookstone exited some holdings, several other institutional investors increased their stakes in the fourth and third quarters, including Costello Asset Management which grew its position by 66.7% to own 500 shares worth $29,000. Analyst sentiment regarding Dominion Energy remains mixed with a consensus rating of 'Hold' and an average price target of $67.69. Recent research reports show divergent views: Jefferies Financial Group upgraded the stock to a 'Buy' with a target of $76.00, while Mizuho raised its target to $72.00 but maintained a 'neutral' rating. Conversely, Seaport Research Partners downgraded the stock from 'buy' to 'hold', and Morgan Stanley lowered its price objective to $68.00. Financially, Dominion Energy reported strong quarterly results with revenue of $5.02 billion, representing a 23.1% year-over-year increase. The company beat earnings per share estimates at $0.95 compared to the consensus of $0.90. For fiscal year 2026, the company has provided guidance for EPS between $3.45 and $3.69, which is slightly below the average analyst prediction of $3.59. The firm also recently paid a quarterly dividend of $0.6675 per share, yielding 3.9%.