Sempra Energy (NYSE:SRE) Receives Average Rating of “Moderate Buy” from Brokerages

Shares of Sempra Energy (NYSE:SRE) have earned a consensus recommendation of “Moderate Buy” from the fourteen ratings firms that are covering the company, Marketbeat reports. Four research analysts have rated the stock with a hold rating, eight have issued a buy rating and two have assigned a strong buy rating to the company. The average twelve-month price objective among brokers that have issued a report on the stock in the last year is $103.00.

Several brokerages recently commented on SRE. Argus raised shares of Sempra Energy from a “hold” rating to a “buy” rating in a research note on Wednesday, March 4th. Wells Fargo & Company reiterated an “overweight” rating and set a $118.00 target price on shares of Sempra Energy in a research report on Tuesday, April 21st. JPMorgan Chase & Co. lifted their target price on shares of Sempra Energy from $98.00 to $106.00 and gave the company an “overweight” rating in a research report on Wednesday, March 18th. Barclays reiterated an “overweight” rating and set a $105.00 target price (up from $95.00) on shares of Sempra Energy in a research report on Wednesday, April 15th. Finally, Wall Street Zen lowered shares of Sempra Energy from a “hold” rating to a “sell” rating in a research report on Sunday, May 10th.

Sempra Energy Price Performance

Shares of NYSE:SRE opened at $90.47 on Wednesday. The company has a 50 day moving average of $94.71 and a 200 day moving average of $91.99. The stock has a market cap of $59.14 billion, a P/E ratio of 30.67, a P/E/G ratio of 3.41 and a beta of 0.60. Sempra Energy has a 12 month low of $73.06 and a 12 month high of $101.04. The company has a current ratio of 1.69, a quick ratio of 1.66 and a debt-to-equity ratio of 0.78.

Sempra Energy (NYSE:SRE) last issued 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. The company had revenue of $3.66 billion during the quarter, compared to analysts’ expectations of $4.10 billion. Sempra Energy had a net margin of 14.31% and a return on equity of 8.20%. Sempra Energy’s revenue for the quarter was down 3.9% on a year-over-year basis. During the same quarter in the previous year, the company 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. As a group, sell-side analysts forecast that Sempra Energy will post 5.11 EPS for the current fiscal year.

Sempra Energy Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, July 15th. Shareholders of record on Thursday, June 25th will be given a dividend of $0.6575 per share. The ex-dividend date is Thursday, June 25th. This represents a $2.63 annualized dividend and a yield of 2.9%. Sempra Energy’s payout ratio is presently 89.15%.

Insider Buying and Selling at Sempra Energy

In related news, Director Jennifer M. Kirk bought 1,000 shares of the company’s stock in a transaction on Thursday, March 12th. The stock was acquired at an average cost of $93.44 per share, for a total transaction of $93,440.00. Following the completion of the transaction, the director directly owned 1,000 shares in the company, valued at $93,440. This trade represents a ∞ increase in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Diana L. Day sold 3,300 shares of Sempra Energy stock in a transaction that occurred on Thursday, May 14th. The shares were sold at an average price of $92.13, for a total transaction of $304,029.00. Following the sale, the insider owned 22,870 shares of the company’s stock, valued at approximately $2,107,013.10. The trade was a 12.61% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders purchased 6,192 shares of company stock valued at $576,979 and sold 10,839 shares valued at $1,010,935. Company insiders own 0.31% of the company’s stock.

Institutional Investors Weigh In On Sempra Energy

Hedge funds have recently made changes to their positions in the business. Bell Investment Advisors Inc lifted its holdings in shares of Sempra Energy by 79.5% in the 1st quarter. Bell Investment Advisors Inc now owns 262 shares of the utilities provider’s stock worth $25,000 after acquiring an additional 116 shares during the last quarter. Meeder Asset Management Inc. bought a new stake in shares of Sempra Energy in the 3rd quarter worth approximately $25,000. Ares Financial Consulting LLC bought a new stake in shares of Sempra Energy in the 4th quarter worth approximately $26,000. Clal Insurance Enterprises Holdings Ltd lifted its holdings in shares of Sempra Energy by 57.7% in the 4th quarter. Clal Insurance Enterprises Holdings Ltd now owns 347 shares of the utilities provider’s stock worth $31,000 after acquiring an additional 127 shares during the last quarter. Finally, Annis Gardner Whiting Capital Advisors LLC lifted its holdings in shares of Sempra Energy by 83.0% in the 4th quarter. Annis Gardner Whiting Capital Advisors LLC now owns 355 shares of the utilities provider’s stock worth $32,000 after acquiring an additional 161 shares during the last quarter. 89.65% of the stock is currently owned by 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.