Sempra Energy (NYSE:SRE) Given Consensus Rating of “Moderate Buy” by Brokerages

Sempra Energy (NYSE:SREGet Free Report) has received an average rating of “Moderate Buy” from the fourteen analysts that are currently covering the firm, MarketBeat.com reports. Four equities research analysts have rated the stock with a hold recommendation, nine have given a buy recommendation and one has given a strong buy recommendation to the company. The average twelve-month price target among brokers that have covered the stock in the last year is $102.75.

Several research firms recently weighed in on SRE. BMO Capital Markets reduced their target price on Sempra Energy from $105.00 to $103.00 and set an “outperform” rating on the stock in a research report on Monday, May 11th. Barclays restated an “overweight” rating and issued a $105.00 price target (up from $95.00) on shares of Sempra Energy in a report on Wednesday, April 15th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Sempra Energy in a research note on Monday, April 20th. Wells Fargo & Company reissued an “overweight” rating and issued a $118.00 target price on shares of Sempra Energy in a research report on Tuesday, April 21st. Finally, Argus upgraded shares of Sempra Energy from a “hold” rating to a “buy” rating in a report on Wednesday, March 4th.

Check Out Our Latest Report on Sempra Energy

Insider Buying and Selling at Sempra Energy

In other news, Director Pablo Ferrero sold 2,600 shares of the business’s stock in a transaction on Monday, May 18th. The shares were sold at an average price of $89.53, for a total transaction of $232,778.00. Following the completion of the sale, the director directly owned 15,423 shares of the company’s stock, valued at $1,380,821.19. The trade was a 14.43% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, EVP Caroline Ann Winn sold 8,000 shares of the company’s stock in a transaction on Wednesday, June 17th. The stock was sold at an average price of $90.55, for a total value of $724,400.00. Following the sale, the executive vice president owned 25,164 shares of the company’s stock, valued at approximately $2,278,600.20. The trade was a 24.12% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 13,900 shares of company stock worth $1,261,207 in the last quarter. 0.31% of the stock is owned by insiders.

Hedge Funds Weigh In On Sempra Energy

Hedge funds and other institutional investors have recently modified their holdings of the company. Bell Investment Advisors Inc grew its holdings in shares of Sempra Energy by 79.5% during the 1st quarter. Bell Investment Advisors Inc now owns 262 shares of the utilities provider’s stock worth $25,000 after purchasing an additional 116 shares during the period. Ares Financial Consulting LLC purchased a new position in Sempra Energy in the fourth quarter valued at approximately $26,000. Clal Insurance Enterprises Holdings Ltd lifted its position in Sempra Energy by 57.7% during the fourth quarter. Clal Insurance Enterprises Holdings Ltd now owns 347 shares of the utilities provider’s stock valued at $31,000 after buying an additional 127 shares in the last quarter. Key Financial Inc lifted its position in Sempra Energy by 73.6% during the fourth quarter. Key Financial Inc now owns 361 shares of the utilities provider’s stock valued at $32,000 after buying an additional 153 shares in the last quarter. Finally, Annis Gardner Whiting Capital Advisors LLC grew its stake in Sempra Energy by 83.0% during the fourth quarter. Annis Gardner Whiting Capital Advisors LLC now owns 355 shares of the utilities provider’s stock worth $32,000 after buying an additional 161 shares during the period. 89.65% of the stock is owned by institutional investors and hedge funds.

Sempra Energy Trading Down 1.4%

Shares of SRE opened at $91.41 on Thursday. Sempra Energy has a fifty-two week low of $73.18 and a fifty-two week high of $101.04. The company has a market capitalization of $59.76 billion, a PE ratio of 30.99, a price-to-earnings-growth ratio of 2.23 and a beta of 0.56. The stock has a fifty day moving average of $91.81 and a two-hundred day moving average of $91.86. The company has a debt-to-equity ratio of 0.78, a quick ratio of 1.66 and a current ratio of 1.69.

Sempra Energy (NYSE:SREGet Free Report) last posted its quarterly earnings data on Thursday, May 7th. The utilities provider reported $1.51 earnings per share (EPS) for the quarter, hitting the consensus estimate of $1.51. The business had revenue of $3.65 billion for the quarter, compared to analysts’ expectations of $4.10 billion. Sempra Energy had a return on equity of 8.20% and a net margin of 14.31%.The business’s revenue was down 3.9% on a year-over-year basis. During the same quarter last year, the firm 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, analysts forecast that Sempra Energy will post 5.11 EPS for the current year.

Sempra Energy Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, July 15th. Shareholders of record on Thursday, June 25th will be issued a $0.6575 dividend. 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 dividend payout ratio (DPR) is 89.15%.

About Sempra Energy

(Get Free Report)

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.

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Analyst Recommendations for Sempra Energy (NYSE:SRE)

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