Dominion Energy shares rose 1.4% this afternoon to a price of $48.86. The stock is still trading within range of its average target price of $49.57, and over the last 52 weeks, it has recorded a -22.1% performance. Analysts have given the large-cap Electric Utilities stock target prices ranging from $41.0 to $61.0 dollars per share, with an average rating of hold.
The stock has a very low short interest at 1.5%, and a short ratio of 2.12. The company's insiders own 0.13% 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 74.5% of Dominion Energy's shares being owned by this investor type.
Institutions Invested in Dominion Energy
| Date Reported | Holder | Percentage | Shares | Value |
|---|---|---|---|---|
| 2023-09-30 | Vanguard Group Inc | 9% | 76,104,839 | $3,718,680,185 |
| 2023-09-30 | Blackrock Inc. | 7% | 59,109,180 | $2,888,228,125 |
| 2023-09-30 | State Street Corporation | 6% | 46,760,378 | $2,284,833,572 |
| 2023-09-30 | Massachusetts Financial Services Co. | 3% | 27,233,624 | $1,330,705,633 |
| 2023-09-30 | JP Morgan Chase & Company | 3% | 23,394,919 | $1,143,136,532 |
| 2023-09-30 | Price (T.Rowe) Associates Inc | 3% | 21,851,684 | $1,067,730,060 |
| 2023-09-30 | Invesco Ltd. | 2% | 16,534,281 | $807,907,932 |
| 2023-09-30 | Dodge & Cox Inc | 2% | 16,328,283 | $797,842,335 |
| 2023-09-30 | Wellington Management Group, LLP | 2% | 16,339,785 | $798,404,352 |
| 2023-09-30 | Geode Capital Management, LLC | 2% | 15,444,359 | $754,651,511 |
Besides an analyst consensus of some upside potential, other market factors point to there being mixed market sentiment on Dominion Energy.
