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

Sempra Energy (NYSE:SRE) EVP Caroline Ann Winn sold 8,000 shares of Sempra Energy stock in a transaction dated 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 represents a 24.12% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Sempra Energy Stock Down 0.1%

Shares of NYSE:SRE opened at $90.62 on Friday. The company has a quick ratio of 1.66, a current ratio of 1.69 and a debt-to-equity ratio of 0.78. The firm has a market cap of $59.24 billion, a P/E ratio of 30.72, a P/E/G ratio of 2.18 and a beta of 0.56. Sempra Energy has a 12 month low of $73.18 and a 12 month high of $101.04. The company’s 50-day moving average price is $92.36 and its two-hundred day moving average price is $91.68.

Sempra Energy (NYSE:SRE) last announced its earnings results on Thursday, May 7th. The utilities provider reported $1.51 earnings per share for the quarter, hitting analysts’ consensus estimates of $1.51. Sempra Energy had a net margin of 14.31% and a return on equity of 8.20%. The company had revenue of $3.65 billion during the quarter, compared to the consensus estimate of $4.10 billion. During the same period in the previous year, the firm posted $1.44 earnings per share. The company’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, research analysts forecast 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. Investors of record on Thursday, June 25th will be given a $0.6575 dividend. This represents a $2.63 annualized dividend and a yield of 2.9%. The ex-dividend date is Thursday, June 25th. Sempra Energy’s payout ratio is 89.15%.

Institutional Trading of Sempra Energy

A number of institutional investors have recently bought and sold shares of the business. Norges Bank acquired a new position in shares of Sempra Energy in the 4th quarter valued at $914,924,000. Vanguard Group Inc. grew its stake in shares of Sempra Energy by 14.2% during the third quarter. Vanguard Group Inc. now owns 75,725,594 shares of the utilities provider’s stock worth $6,813,784,000 after purchasing an additional 9,396,652 shares during the period. JPMorgan Chase & Co. grew its stake in shares of Sempra Energy by 106.3% during the third quarter. JPMorgan Chase & Co. now owns 10,428,007 shares of the utilities provider’s stock worth $938,325,000 after purchasing an additional 5,374,277 shares during the period. Capital International Investors increased its holdings in Sempra Energy by 9.2% in the third quarter. Capital International Investors now owns 54,071,206 shares of the utilities provider’s stock valued at $4,865,115,000 after purchasing an additional 4,572,312 shares during the last quarter. Finally, Morgan Stanley increased its holdings in Sempra Energy by 17.0% in the fourth quarter. Morgan Stanley now owns 22,330,091 shares of the utilities provider’s stock valued at $1,971,524,000 after purchasing an additional 3,250,783 shares during the last quarter. Institutional investors and hedge funds own 89.65% of the company’s stock.

Wall Street Analysts Forecast Growth

SRE has been the topic of a number of recent research reports. BMO Capital Markets decreased their price objective on Sempra Energy from $105.00 to $103.00 and set an “outperform” rating on the stock in a research report on Monday, May 11th. Barclays reaffirmed 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. Wall Street Zen upgraded Sempra Energy from a “sell” rating to a “hold” rating in a report on Saturday, June 13th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Sempra Energy in a research report on Monday, April 20th. Finally, JPMorgan Chase & Co. boosted their price objective on Sempra Energy from $98.00 to $106.00 and gave the stock an “overweight” rating in a report on Wednesday, March 18th. One investment analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Sempra Energy has a consensus rating of “Moderate Buy” and a consensus price target of $102.67.

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.