Sempra Energy (NYSE:SRE) Receives Average Recommendation of “Moderate Buy” from Brokerages

Shares of Sempra Energy (NYSE:SRE) have been assigned a consensus recommendation of “Moderate Buy” from the fourteen research firms that are currently covering the firm, MarketBeat Ratings reports. Four analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has given a strong buy rating to the company. The average 12 month target price among brokers that have issued ratings on the stock in the last year is $102.6667.

A number of research analysts have commented on the company. Argus upgraded Sempra Energy from a “hold” rating to a “buy” rating in a research note on Wednesday, March 4th. Wall Street Zen cut Sempra Energy from a “hold” rating to a “sell” rating in a research note on Sunday, May 10th. Truist Financial set a $104.00 price objective on Sempra Energy and gave the stock a “buy” rating in a research note on Monday, May 18th. BMO Capital Markets reduced their price objective on Sempra Energy from $105.00 to $103.00 and set an “outperform” rating on the stock in a research note on Monday, May 11th. Finally, Morgan Stanley set a $104.00 price objective on Sempra Energy and gave the stock an “overweight” rating in a research note on Tuesday, April 21st.

Insider Activity at Sempra Energy

In related news, Director Richard J. Mark acquired 2,692 shares of Sempra Energy stock in a transaction on Wednesday, March 11th. The shares were bought at an average price of $93.30 per share, for a total transaction of $251,163.60. Following the completion of the purchase, the director directly owned 17,376 shares in the company, valued at $1,621,180.80. This trade represents a 18.33% increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Cynthia J. Warner acquired 2,500 shares of Sempra Energy stock in a transaction on Wednesday, March 11th. The shares were bought at an average price of $92.95 per share, for a total transaction of $232,375.00. Following the purchase, the director owned 11,275 shares of the company’s stock, valued at $1,048,011.25. This represents a 28.49% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Over the last 90 days, insiders have acquired 6,192 shares of company stock valued at $576,979 and have sold 13,439 shares valued at $1,243,713. Company insiders own 0.31% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of SRE. Norges Bank acquired a new position in shares of Sempra Energy in the fourth quarter worth about $914,924,000. Vanguard Group Inc. lifted its stake in shares of Sempra Energy by 14.2% in the third quarter. Vanguard Group Inc. now owns 75,725,594 shares of the utilities provider’s stock worth $6,813,784,000 after acquiring an additional 9,396,652 shares in the last quarter. JPMorgan Chase & Co. lifted its stake in shares of Sempra Energy by 106.3% in the third quarter. JPMorgan Chase & Co. now owns 10,428,007 shares of the utilities provider’s stock worth $938,325,000 after acquiring an additional 5,374,277 shares in the last quarter. Capital International Investors lifted its stake in shares of Sempra Energy by 9.2% in the third quarter. Capital International Investors now owns 54,071,206 shares of the utilities provider’s stock worth $4,865,115,000 after acquiring an additional 4,572,312 shares in the last quarter. Finally, Morgan Stanley lifted its stake in shares of Sempra Energy by 17.0% in the fourth quarter. Morgan Stanley now owns 22,330,091 shares of the utilities provider’s stock worth $1,971,524,000 after acquiring an additional 3,250,783 shares in the last quarter. Institutional investors and hedge funds own 89.65% of the company’s stock.

Sempra Energy Price Performance

SRE stock opened at $91.51 on Friday. The stock has a 50-day moving average price of $93.68 and a two-hundred day moving average price of $91.80. Sempra Energy has a 12-month low of $73.06 and a 12-month high of $101.04. The company has a current ratio of 1.69, a quick ratio of 1.66 and a debt-to-equity ratio of 0.78. The company has a market cap of $59.82 billion, a PE ratio of 31.02, a price-to-earnings-growth ratio of 3.46 and a beta of 0.56.

Sempra Energy (NYSE:SRE) last posted its quarterly earnings results on Thursday, May 7th. The utilities provider reported $1.51 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $1.51. The firm had revenue of $3.66 billion during the quarter, compared to the consensus estimate of $4.10 billion. Sempra Energy had a return on equity of 8.20% and a net margin of 14.31%.The firm’s quarterly revenue was down 3.9% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.44 earnings per share. Sempra Energy has set its FY 2027 guidance at 5.100-5.700 EPS and its FY 2026 guidance at 4.870-5.370 EPS. As a group, research analysts predict that Sempra Energy will post 5.11 EPS for the current year.

Sempra Energy Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 15th. Shareholders of record on Thursday, June 25th will be paid a dividend of $0.6575 per share. This represents a $2.63 dividend on an annualized basis and a dividend yield of 2.9%. The ex-dividend date is Thursday, June 25th. Sempra Energy’s payout ratio is currently 89.15%.

About Sempra Energy

Sempra Energy is a San Diego–based energy infrastructure company that develops, owns and operates businesses delivering electricity and natural gas. Its operations include regulated utility services that provide electric and gas distribution to residential, commercial and industrial customers, as well as non‑regulated infrastructure businesses that develop and manage large-scale energy assets.

The company’s product and service portfolio spans electricity and natural gas delivery, transmission and storage, liquefied natural gas (LNG) facilities, power generation and electric transmission projects.