Sempra Energy (NYSE:SRE) Given Average Rating of “Moderate Buy” by Analysts

Shares of Sempra Energy (NYSE:SRE) have been assigned a consensus rating of “Moderate Buy” from the fifteen brokerages that are covering the stock, Marketbeat reports. Four analysts have rated the stock with a hold recommendation, ten have given a buy recommendation and one has issued a strong buy recommendation on the company. The average 1 year price target among brokers that have covered the stock in the last year is $104.2308.

SRE has been the subject of several recent analyst reports. Barclays decreased their target price on shares of Sempra Energy from $105.00 to $103.00 and set an “overweight” rating for the company in a research report on Thursday, July 9th. TD Cowen started coverage on Sempra Energy in a report on Wednesday, July 8th. They set a “buy” rating on the stock. Wells Fargo & Company reiterated an “overweight” rating and set a $118.00 price objective on shares of Sempra Energy in a research report on Tuesday, April 21st. Morgan Stanley reiterated an “overweight” rating and set a $108.00 price objective on shares of Sempra Energy in a research report on Wednesday. Finally, Truist Financial set a $104.00 price objective on Sempra Energy and gave the stock a “buy” rating in a report on Monday, May 18th.

Sempra Energy Stock Performance

Shares of SRE opened at $93.00 on Monday. Sempra Energy has a 1 year low of $78.97 and a 1 year high of $101.04. The company has a market cap of $60.80 billion, a price-to-earnings ratio of 31.53, a price-to-earnings-growth 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 firm has a fifty day moving average of $91.93 and a 200-day moving average of $92.44.

Sempra Energy (NYSE:SRE) last released its quarterly earnings results on Thursday, May 7th. The utilities provider reported $1.51 EPS 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 business had revenue of $3.65 billion during the quarter, compared to analyst estimates of $4.10 billion. During the same quarter in the prior year, the firm earned $1.44 earnings per share. The company’s quarterly revenue was down 3.9% on a year-over-year basis. 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, equities analysts anticipate that Sempra Energy will post 5.12 earnings per share for the current year.

Sempra Energy Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, July 15th. Shareholders of record on Thursday, June 25th were given a dividend of $0.6575 per share. This represents a $2.63 dividend on an annualized basis and a yield of 2.8%. The ex-dividend date was Thursday, June 25th. Sempra Energy’s payout ratio is 89.15%.

Insider Transactions at Sempra Energy

In other news, EVP Caroline Ann Winn sold 8,000 shares of the 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 completion of the transaction, the executive vice president owned 25,164 shares of the company’s stock, valued at approximately $2,278,600.20. This represents a 24.12% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, Director Pablo Ferrero sold 2,600 shares of the firm’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 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 ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 13,900 shares of company stock valued at $1,261,207. 0.31% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Sempra Energy

Several large investors have recently bought and sold shares of the stock. Vanguard Group Inc. raised its position in shares of Sempra Energy by 1.3% during the 4th quarter. Vanguard Group Inc. now owns 76,734,070 shares of the utilities provider’s stock worth $6,774,907,000 after buying an additional 1,008,476 shares in the last quarter. State Street Corp boosted its holdings in shares of Sempra Energy by 5.2% in the fourth quarter. State Street Corp now owns 36,810,449 shares of the utilities provider’s stock valued at $3,273,460,000 after acquiring an additional 1,824,280 shares in the last quarter. Morgan Stanley increased its stake in shares of Sempra Energy by 17.0% during the fourth quarter. Morgan Stanley now owns 22,330,091 shares of the utilities provider’s stock valued at $1,971,524,000 after acquiring an additional 3,250,783 shares during the period. Geode Capital Management LLC increased its stake in shares of Sempra Energy by 0.8% during the fourth quarter. Geode Capital Management LLC now owns 14,298,845 shares of the utilities provider’s stock valued at $1,256,592,000 after acquiring an additional 116,554 shares during the period. Finally, JPMorgan Chase & Co. raised its holdings in Sempra Energy by 16.6% during the fourth quarter. JPMorgan Chase & Co. now owns 12,163,523 shares of the utilities provider’s stock worth $1,073,918,000 after purchasing an additional 1,735,516 shares in the last quarter. Institutional investors and hedge funds own 89.65% of the company’s stock.

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.