Sempra Energy (NYSE:SRE) Downgraded by Wall Street Zen to “Sell”

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

Several other analysts have also recently commented on SRE. Wells Fargo & Company reiterated an “overweight” rating and issued a $118.00 price target on shares of Sempra Energy in a research note on Tuesday, April 21st. UBS Group restated a “neutral” rating and set a $100.00 price objective (up from $96.00) on shares of Sempra Energy in a research report on Friday, March 6th. JPMorgan Chase & Co. lifted their target price on Sempra Energy from $98.00 to $106.00 and gave the stock an “overweight” rating in a report on Wednesday, March 18th. Truist Financial set a $104.00 target price on Sempra Energy and gave the stock a “buy” rating in a research report on Monday, May 18th. Finally, Barclays reissued an “overweight” rating and set a $105.00 price target (up from $95.00) on shares of Sempra Energy in a research note on Wednesday, April 15th. One research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $102.75.

Sempra Energy Trading Down 0.1%

Shares of SRE opened at $93.01 on Friday. The firm has a market cap 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. The company has a debt-to-equity ratio of 0.78, a current ratio of 1.69 and a quick ratio of 1.66. Sempra Energy has a 1 year low of $73.18 and a 1 year high of $101.04. The company has a 50 day simple moving average of $91.82 and a two-hundred day simple moving average of $91.90.

Sempra Energy (NYSE:SRE) last released its 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 firm had revenue of $3.65 billion for the quarter, compared to the consensus estimate of $4.10 billion. During the same quarter in the previous year, the firm earned $1.44 earnings per share. The company’s quarterly revenue 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. On average, equities analysts expect that Sempra Energy will post 5.11 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Sempra Energy news, EVP Caroline Ann Winn sold 8,000 shares of Sempra Energy stock in a transaction on Wednesday, June 17th. The shares were 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 directly owned 25,164 shares of the company’s stock, valued at $2,278,600.20. This trade represents a 24.12% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Also, Director Pablo Ferrero sold 2,600 shares of the business’s 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 completion of the sale, the director owned 15,423 shares in the company, valued at approximately $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. Insiders sold 13,900 shares of company stock valued at $1,261,207 in the last three months. Corporate insiders own 0.31% of the company’s stock.

Institutional Investors Weigh In On Sempra Energy

Large investors have recently added to or reduced their stakes in the stock. Creative Capital Management Investments LLC lifted its stake in shares of Sempra Energy by 12.1% in the 1st quarter. Creative Capital Management Investments LLC now owns 1,040 shares of the utilities provider’s stock valued at $101,000 after purchasing an additional 112 shares during the last quarter. Rosenberg Matthew Hamilton increased its position in shares of Sempra Energy by 2.3% during the 4th quarter. Rosenberg Matthew Hamilton now owns 5,191 shares of the utilities provider’s stock valued at $458,000 after purchasing an additional 116 shares during the last quarter. Bell Investment Advisors Inc raised its holdings in Sempra Energy by 79.5% during the 1st quarter. Bell Investment Advisors Inc now owns 262 shares of the utilities provider’s stock valued at $25,000 after buying an additional 116 shares during the period. Gulf International Bank UK Ltd raised its holdings in Sempra Energy by 0.4% during the 4th quarter. Gulf International Bank UK Ltd now owns 35,009 shares of the utilities provider’s stock valued at $3,091,000 after buying an additional 123 shares during the period. Finally, Silvia Mccoll Wealth Management LLC raised its holdings in Sempra Energy by 1.4% during the 4th quarter. Silvia Mccoll Wealth Management LLC now owns 9,045 shares of the utilities provider’s stock valued at $799,000 after buying an additional 124 shares during the period. 89.65% of the stock is owned by institutional investors.

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.