Dominion Energy stock is trading -11.98% below its average target price of $59.77 after marking a 1.6% during today's afternoon session. Analysts are giving the large-cap Electric Utilities company an average rating of hold and target prices ranging from $52.0 to $71.0 per share.
The stock has a very low short interest at 0.6%, and a short ratio of 1.22. The company's insiders own 0.14% of its outstanding shares, which indicates a strong alignment between management and shareholder interests. Finally, we also note that an average number of institutional investors are invested in the stock, with 71.1% of Dominion Energy's shares being owned by this investor type.
Institutions Invested in Dominion Energy
| Date Reported | Holder | Percentage | Shares | Value |
|---|---|---|---|---|
| 2023-03-31 | Vanguard Group, Inc. (The) | 9% | 75,783,085 | $3,986,948,148 |
| 2023-03-31 | Blackrock Inc. | 7% | 60,976,169 | $3,207,956,288 |
| 2023-03-31 | State Street Corporation | 6% | 47,906,953 | $2,520,384,826 |
| 2023-03-31 | Massachusetts Financial Services Co. | 3% | 24,542,485 | $1,291,180,150 |
| 2023-03-31 | Price (T.Rowe) Associates Inc | 2% | 18,590,385 | $978,040,166 |
| 2023-03-31 | JP Morgan Chase & Company | 2% | 17,980,124 | $945,934,334 |
| 2023-03-31 | Invesco Ltd. | 2% | 17,315,281 | $910,956,943 |
| 2023-03-31 | FMR, LLC | 2% | 17,241,957 | $907,099,368 |
| 2023-03-31 | Franklin Resources, Inc. | 2% | 15,231,191 | $801,312,967 |
| 2023-03-31 | Dodge & Cox Inc | 2% | 14,825,633 | $779,976,561 |
Besides an analyst consensus of some upside potential, other market factors point to there being mixed market sentiment on Dominion Energy.
