Sempra Energy (NYSE:SRE) Shares Gap Down – Here’s What Happened

Sempra Energy (NYSE:SRE)’s stock price gapped down prior to trading on Monday . The stock had previously closed at $84.31, but opened at $79.98. Sempra Energy shares last traded at $81.4130, with a volume of 1,031,933 shares traded.

Wall Street Analyst Weigh In

Several research firms have recently commented on SRE. Truist Financial set a $100.00 price objective on shares of Sempra Energy and gave the company a “buy” rating in a report on Thursday, August 13th. Weiss Ratings restated a “hold (c+)” rating on shares of Sempra Energy in a research report on Friday, July 17th. Mizuho reaffirmed a “neutral” rating and issued a $84.00 price target (down from $104.00) on shares of Sempra Energy in a report on Monday. TD Cowen assumed coverage on shares of Sempra Energy in a report on Wednesday, July 8th. They issued a “buy” rating on the stock. Finally, Wall Street Zen raised Sempra Energy from a “sell” rating to a “hold” rating in a research report on Saturday, July 25th. One equities research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and five have given a Hold rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $102.92.

Sempra Energy Trading Down 2.6%

The company’s 50-day moving average is $89.67 and its 200 day moving average is $92.14. The company has a market cap of $53.72 billion, a price-to-earnings ratio of 23.81, a price-to-earnings-growth ratio of 2.03 and a beta of 0.57. The company has a quick ratio of 1.62, a current ratio of 1.64 and a debt-to-equity ratio of 0.78.

Sempra Energy (NYSE:SRE) last posted its earnings results on Thursday, August 6th. The utilities provider reported $1.16 EPS for the quarter, beating analysts’ consensus estimates of $1.01 by $0.15. Sempra Energy had a return on equity of 8.49% and a net margin of 16.70%.The firm had revenue of $3 billion for the quarter, compared to analysts’ expectations of $3.14 billion. During the same period last year, the firm earned $0.89 EPS. The company’s quarterly revenue was down .1% 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 4.800-5.300 EPS. Research analysts predict that Sempra Energy will post 5.12 EPS for the current year.

Insider Activity at Sempra Energy

In other news, EVP Caroline Ann Winn sold 8,000 shares of the business’s 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 completion of the sale, the executive vice president directly 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 Securities & Exchange Commission, which is available through this link. 0.31% of the stock is owned by company insiders.

Institutional Investors Weigh In On Sempra Energy

A number of institutional investors have recently added to or reduced their stakes in SRE. Bell Investment Advisors Inc raised its position in Sempra Energy by 79.5% during the first 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 period. Frazier Financial Advisors LLC acquired a new stake in shares of Sempra Energy in the second quarter valued at about $25,000. Edmond DE Rothschild Holding S.A. acquired a new stake in shares of Sempra Energy in the second quarter valued at about $27,000. Silvant Capital Management LLC purchased a new stake in shares of Sempra Energy during the second quarter worth about $28,000. Finally, Clal Insurance Enterprises Holdings Ltd raised its position in shares of Sempra Energy by 57.7% during the 4th quarter. Clal Insurance Enterprises Holdings Ltd now owns 347 shares of the utilities provider’s stock worth $31,000 after purchasing an additional 127 shares during the last quarter. Institutional investors and hedge funds own 89.65% of the company’s stock.

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.