Analysts Set Sempra Energy (NYSE:SRE) PT at $104.23

Shares of Sempra Energy (NYSE:SRE) have been given a consensus recommendation of “Moderate Buy” by the fifteen analysts that are currently covering the firm, Marketbeat reports. Four equities research analysts have rated the stock with a hold rating, ten have issued a buy rating and one has given a strong buy rating to the company. The average 12-month target price among brokers that have updated their coverage on the stock in the last year is $104.2308.

A number of brokerages have issued reports on SRE. Wells Fargo & Company restated an “overweight” rating and set a $118.00 price objective on shares of Sempra Energy in a research report on Tuesday, April 21st. Weiss Ratings reissued a “hold (c+)” rating on shares of Sempra Energy in a research report on Friday, July 17th. TD Cowen began coverage on Sempra Energy in a report on Wednesday, July 8th. They set a “buy” rating on the stock. Barclays dropped their price objective on shares of Sempra Energy from $105.00 to $103.00 and set an “overweight” rating for the company in a research note on Thursday, July 9th. Finally, Wall Street Zen upgraded shares of Sempra Energy from a “sell” rating to a “hold” rating in a research report on Saturday, July 25th.

Sempra Energy Stock Performance

NYSE SRE opened at $88.71 on Monday. The company has a quick ratio of 1.66, a current ratio of 1.69 and a debt-to-equity ratio of 0.78. Sempra Energy has a twelve month low of $78.97 and a twelve month high of $101.04. The business has a 50-day moving average price of $91.77 and a 200-day moving average price of $92.51. The firm has a market cap of $57.99 billion, a price-to-earnings ratio of 30.07, a price-to-earnings-growth ratio of 2.13 and a beta of 0.57.

Sempra Energy (NYSE:SRE) last released its quarterly earnings data on Thursday, May 7th. The utilities provider reported $1.51 EPS for the quarter, meeting 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 the consensus estimate of $4.10 billion. During the same quarter in the prior year, the firm earned $1.44 EPS. The business’s 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 research analysts predict that Sempra Energy will post 5.12 EPS for the current fiscal year.

Sempra Energy Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, July 15th. Investors of record on Thursday, June 25th were issued a dividend of $0.6575 per share. This represents a $2.63 annualized dividend and a yield of 3.0%. The ex-dividend date was Thursday, June 25th. Sempra Energy’s dividend payout ratio is presently 89.15%.

Insider Buying and Selling

In other Sempra Energy news, Director Pablo Ferrero sold 2,600 shares of the company’s stock in a transaction on Monday, May 18th. The stock was sold at an average price of $89.53, for a total value of $232,778.00. Following the transaction, the director owned 15,423 shares of the company’s stock, valued at $1,380,821.19. This represents a 14.43% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, EVP Caroline Ann Winn sold 8,000 shares of Sempra Energy 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. This trade represents a 24.12% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 13,900 shares of company stock valued at $1,261,207 in the last ninety days. 0.31% of the stock is owned by company insiders.

Institutional Investors Weigh In On Sempra Energy

Several large investors have recently added to or reduced their stakes in SRE. Empowered Funds LLC grew its stake in Sempra Energy by 52.5% in the first quarter. Empowered Funds LLC now owns 18,008 shares of the utilities provider’s stock worth $1,285,000 after purchasing an additional 6,196 shares in the last quarter. Woodline Partners LP raised its holdings in shares of Sempra Energy by 40.7% in the first quarter. Woodline Partners LP now owns 53,512 shares of the utilities provider’s stock valued at $3,819,000 after acquiring an additional 15,474 shares in the last quarter. Baird Financial Group Inc. boosted its stake in shares of Sempra Energy by 6.2% during the second quarter. Baird Financial Group Inc. now owns 14,699 shares of the utilities provider’s stock valued at $1,114,000 after purchasing an additional 858 shares in the last quarter. Cary Street Partners Financial LLC raised its position in shares of Sempra Energy by 78.5% in the 2nd quarter. Cary Street Partners Financial LLC now owns 771 shares of the utilities provider’s stock worth $58,000 after acquiring an additional 339 shares in the last quarter. Finally, Sei Investments Co. raised its holdings in Sempra Energy by 80.0% in the second quarter. Sei Investments Co. now owns 423,280 shares of the utilities provider’s stock worth $32,072,000 after purchasing an additional 188,131 shares in the last quarter. 89.65% of the stock is owned by hedge funds and other institutional investors.

About Sempra Energy

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.