Sempra Energy (NYSE:SRE) Upgraded to Hold at Wall Street Zen

Sempra Energy (NYSE:SRE) was upgraded by research analysts at Wall Street Zen from a “sell” rating to a “hold” rating in a research note issued on Saturday.

SRE has been the topic of a number of other research reports. Jefferies Financial Group set a $101.00 price target on shares of Sempra Energy in a research report on Thursday, July 16th. Wells Fargo & Company reissued an “overweight” rating and issued a $118.00 price objective on shares of Sempra Energy in a research report on Tuesday, April 21st. BMO Capital Markets set a $102.00 price objective on Sempra Energy and gave the company an “outperform” rating in a research note on Wednesday. TD Cowen initiated coverage on Sempra Energy in a research report on Wednesday, July 8th. They set a “buy” rating on the stock. Finally, Truist Financial set a $104.00 target price on Sempra Energy and gave the stock a “buy” rating in a research note on Monday, May 18th. One research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $104.23.

Sempra Energy Stock Down 0.5%

Shares of NYSE SRE opened at $93.00 on Friday. The company’s 50 day moving average price is $91.93 and its 200-day moving average price is $92.41. 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 has a 52-week low of $78.97 and a 52-week high of $101.04. The company has a market capitalization of $60.80 billion, a P/E ratio of 31.53, a price-to-earnings-growth ratio of 2.24 and a beta of 0.56.

Sempra Energy (NYSE:SRE) last posted its quarterly earnings data on Thursday, May 7th. The utilities provider reported $1.51 earnings per share for the quarter, hitting the consensus estimate of $1.51. Sempra Energy had a net margin of 14.31% and a return on equity of 8.20%. The company had revenue of $3.65 billion during the quarter, compared to analysts’ expectations of $4.10 billion. During the same period in the prior year, the company posted $1.44 earnings per share. Sempra Energy’s revenue for the quarter was down 3.9% compared to the same quarter last year. 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. Equities analysts forecast that Sempra Energy will post 5.12 earnings per share for the current year.

Insiders Place Their Bets

In other news, insider Diana L. Day sold 3,300 shares of the company’s stock in a transaction dated Thursday, May 14th. The shares were sold at an average price of $92.13, for a total transaction of $304,029.00. Following the transaction, the insider owned 22,870 shares in the company, valued at approximately $2,107,013.10. This represents a 12.61% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Pablo Ferrero sold 2,600 shares of the stock in a transaction dated Monday, May 18th. The stock was sold at an average price of $89.53, for a total transaction of $232,778.00. Following the transaction, the director directly owned 15,423 shares in the company, valued at $1,380,821.19. This trade represents a 14.43% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 13,900 shares of company stock worth $1,261,207. 0.31% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in SRE. Creative Capital Management Investments LLC boosted its holdings in Sempra Energy by 12.1% in the first quarter. Creative Capital Management Investments LLC now owns 1,040 shares of the utilities provider’s stock worth $101,000 after acquiring an additional 112 shares in the last quarter. Bell Investment Advisors Inc grew its stake in Sempra Energy by 79.5% in the first quarter. Bell Investment Advisors Inc now owns 262 shares of the utilities provider’s stock valued at $25,000 after acquiring an additional 116 shares during the period. Gulf International Bank UK Ltd increased its holdings in shares of Sempra Energy by 0.4% during the fourth quarter. Gulf International Bank UK Ltd now owns 35,009 shares of the utilities provider’s stock valued at $3,091,000 after acquiring an additional 123 shares in the last quarter. Rothschild Investment LLC increased its holdings in shares of Sempra Energy by 3.5% during the fourth quarter. Rothschild Investment LLC now owns 3,666 shares of the utilities provider’s stock valued at $324,000 after acquiring an additional 124 shares in the last quarter. Finally, Clal Insurance Enterprises Holdings Ltd raised its position in shares of Sempra Energy by 57.7% during the fourth quarter. Clal Insurance Enterprises Holdings Ltd now owns 347 shares of the utilities provider’s stock worth $31,000 after purchasing an additional 127 shares during the period. 89.65% of the stock is owned by institutional investors and hedge funds.

Sempra Energy Company Profile

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.