Sempra Energy (NYSE:SRE) EVP Sells $724,400.00 in Stock

Sempra Energy (NYSE:SRE) EVP Caroline Ann Winn sold 8,000 shares of the stock in a transaction that occurred 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 transaction, the executive vice president owned 25,164 shares in the company, valued at $2,278,600.20. The trade was a 24.12% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website.

Sempra Energy Trading Down 1.5%

Shares of Sempra Energy stock traded down $1.41 on Wednesday, reaching $90.36. 5,537,037 shares of the company’s stock were exchanged, compared to its average volume of 3,753,764. The company has a market capitalization of $59.07 billion, a P/E ratio of 30.63, a price-to-earnings-growth ratio of 2.21 and a beta of 0.56. Sempra Energy has a 52 week low of $73.18 and a 52 week high of $101.04. The firm’s 50-day moving average is $92.83 and its two-hundred day moving average is $91.74. The company has a debt-to-equity ratio of 0.78, a quick ratio of 1.66 and a current ratio of 1.69.

Sempra Energy (NYSE:SRE) last issued its earnings results on Thursday, May 7th. The utilities provider reported $1.51 earnings per share (EPS) for the quarter, hitting the consensus estimate of $1.51. The business had revenue of $3.66 billion for the quarter, compared to analyst estimates 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 was down 3.9% on a year-over-year basis. During the same period in the prior 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. Sell-side analysts predict that Sempra Energy will post 5.11 EPS for the current fiscal year.

Sempra Energy Dividend Announcement

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

Hedge Funds Weigh In On Sempra Energy

Several large investors have recently added to or reduced their stakes in the business. Bell Investment Advisors Inc lifted its holdings in shares of Sempra Energy by 79.5% in the first quarter. Bell Investment Advisors Inc now owns 262 shares of the utilities provider’s stock valued at $25,000 after purchasing an additional 116 shares in the last quarter. Ares Financial Consulting LLC bought a new position in Sempra Energy during the 4th quarter valued at $26,000. Clal Insurance Enterprises Holdings Ltd lifted its stake in Sempra Energy by 57.7% during the 4th quarter. Clal Insurance Enterprises Holdings Ltd now owns 347 shares of the utilities provider’s stock valued at $31,000 after acquiring an additional 127 shares in the last quarter. Annis Gardner Whiting Capital Advisors LLC lifted its stake in Sempra Energy by 83.0% during the 4th quarter. Annis Gardner Whiting Capital Advisors LLC now owns 355 shares of the utilities provider’s stock valued at $32,000 after acquiring an additional 161 shares in the last quarter. Finally, Key Financial Inc lifted its stake in Sempra Energy by 73.6% during the 4th quarter. Key Financial Inc now owns 361 shares of the utilities provider’s stock valued at $32,000 after acquiring an additional 153 shares in the last quarter. Institutional investors own 89.65% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on SRE shares. UBS Group reissued 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. Argus upgraded Sempra Energy from a “hold” rating to a “buy” rating in a report on Wednesday, March 4th. Morgan Stanley set a $104.00 price target on Sempra Energy and gave the stock an “overweight” rating in a report on Tuesday, April 21st. Truist Financial set a $104.00 target price on Sempra Energy and gave the stock a “buy” rating in a report on Monday, May 18th. Finally, BMO Capital Markets cut their target price on Sempra Energy from $105.00 to $103.00 and set an “outperform” rating on the stock in a report on Monday, May 11th. One equities research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $102.67.

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.