
Sempra Energy (NYSE:SRE – Free Report) – Investment analysts at KeyCorp issued their FY2030 EPS estimates for shares of Sempra Energy in a research report issued to clients and investors on Wednesday, July 22nd. KeyCorp analyst S. Karp anticipates that the utilities provider will post earnings of $7.05 per share for the year. The consensus estimate for Sempra Energy’s current full-year earnings is $5.12 per share.
A number of other research firms have also issued reports on SRE. TD Cowen assumed coverage on shares of Sempra Energy in a research report on Wednesday, July 8th. They set a “buy” rating for the company. Truist Financial set a $104.00 price objective on shares of Sempra Energy and gave the company a “buy” rating in a report on Monday, May 18th. Jefferies Financial Group set a $101.00 price objective on shares of Sempra Energy in a research note on Thursday, July 16th. Wall Street Zen raised shares of Sempra Energy from a “sell” rating to a “hold” rating in a report on Saturday. Finally, Wells Fargo & Company restated an “overweight” rating and set a $118.00 target price on shares of Sempra Energy in a research report on Tuesday, April 21st. One analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and four have given a Hold rating to the stock. According to MarketBeat.com, Sempra Energy presently has an average rating of “Moderate Buy” and an average target price of $104.23.
Sempra Energy Stock Up 0.0%
Shares of SRE stock opened at $93.00 on Monday. Sempra Energy has a fifty-two week low of $78.97 and a fifty-two week high of $101.04. The firm has a market capitalization of $60.80 billion, a PE ratio of 31.53, a P/E/G ratio of 2.23 and a beta of 0.56. The company has a debt-to-equity ratio of 0.78, a quick ratio of 1.66 and a current ratio of 1.69. The stock’s 50-day simple moving average is $91.93 and its 200-day simple moving average is $92.44.
Sempra Energy (NYSE:SRE – Get Free Report) last issued its quarterly earnings results on Thursday, May 7th. The utilities provider reported $1.51 earnings per share for the quarter, hitting analysts’ consensus estimates of $1.51. The business had revenue of $3.65 billion for the quarter, compared to analyst estimates of $4.10 billion. Sempra Energy had a return on equity of 8.20% and a net margin of 14.31%.The company’s revenue was down 3.9% on a year-over-year basis. During the same quarter in the previous 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.
Hedge Funds Weigh In On Sempra Energy
Several institutional investors and hedge funds have recently modified their holdings of the business. Mitsubishi UFJ Asset Management Co. Ltd. increased its holdings in Sempra Energy by 4.9% in the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 1,590,698 shares of the utilities provider’s stock worth $142,702,000 after acquiring an additional 74,749 shares in the last quarter. Dockside LLC purchased a new position in Sempra Energy during the fourth quarter valued at $3,938,000. Fideuram Intesa Sanpaolo Private Banking S.P.A. acquired a new stake in shares of Sempra Energy in the fourth quarter valued at about $3,289,000. Vanguard Group Inc. grew its position in shares of Sempra Energy by 1.3% in the fourth quarter. Vanguard Group Inc. now owns 76,734,070 shares of the utilities provider’s stock valued at $6,774,907,000 after purchasing an additional 1,008,476 shares during the period. Finally, Carnegie Investment Counsel increased its stake in shares of Sempra Energy by 15.5% during the first quarter. Carnegie Investment Counsel now owns 167,391 shares of the utilities provider’s stock worth $16,265,000 after purchasing an additional 22,408 shares in the last quarter. Hedge funds and other institutional investors own 89.65% of the company’s stock.
Insiders Place Their Bets
In related 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 value of $232,778.00. Following the completion of the transaction, the director directly owned 15,423 shares in the company, valued at $1,380,821.19. The trade was a 14.43% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, EVP Caroline Ann Winn sold 8,000 shares of the firm’s stock in a transaction on Wednesday, June 17th. The shares were sold at an average price of $90.55, for a total transaction of $724,400.00. Following the sale, the executive vice president owned 25,164 shares in the company, valued at approximately $2,278,600.20. This represents a 24.12% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 13,900 shares of company stock worth $1,261,207. Corporate insiders own 0.31% of the company’s stock.
Sempra Energy Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Wednesday, July 15th. Shareholders of record on Thursday, June 25th were issued a $0.6575 dividend. The ex-dividend date of this dividend was Thursday, June 25th. This represents a $2.63 dividend on an annualized basis and a yield of 2.8%. Sempra Energy’s payout ratio is presently 89.15%.
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.
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