Sempra Energy (NYSE:SRE) Earns “Neutral” Rating from Mizuho

Sempra Energy (NYSE:SREGet Free Report)‘s stock had its “neutral” rating reiterated by Mizuho in a research report issued to clients and investors on Monday, Marketbeat Ratings reports. They currently have a $84.00 price objective on the utilities provider’s stock, down from their previous price objective of $104.00. Mizuho’s price target would suggest a potential downside of 0.30% from the stock’s previous close.

A number of other equities analysts have also weighed in on SRE. Jefferies Financial Group set a $101.00 target price on Sempra Energy in a research note on Thursday, July 16th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Sempra Energy in a research report on Friday, July 17th. Morgan Stanley cut their price objective on Sempra Energy from $108.00 to $104.00 and set an “overweight” rating for the company in a report on Friday, August 21st. Truist Financial set a $100.00 target price on shares of Sempra Energy and gave the company a “buy” rating in a research note on Thursday, August 13th. Finally, Barclays dropped their target price on shares of Sempra Energy from $105.00 to $103.00 and set an “overweight” rating for the company in a research report on Thursday, July 9th. One equities research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and five have assigned a Hold rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $102.92.

Check Out Our Latest Research Report on SRE

Sempra Energy Stock Performance

NYSE SRE opened at $84.25 on Monday. Sempra Energy has a 1 year low of $78.97 and a 1 year high of $101.04. The company has a debt-to-equity ratio of 0.78, a current ratio of 1.64 and a quick ratio of 1.62. The stock has a market capitalization of $55.09 billion, a PE ratio of 24.42, a P/E/G ratio of 2.03 and a beta of 0.57. The company’s 50 day simple moving average is $89.67 and its two-hundred day simple moving average is $92.14.

Sempra Energy (NYSE:SREGet Free Report) last released its quarterly earnings results on Thursday, August 6th. The utilities provider reported $1.16 earnings per share for the quarter, topping the consensus estimate of $1.01 by $0.15. The firm had revenue of $3 billion for the quarter, compared to analysts’ expectations of $3.14 billion. Sempra Energy had a net margin of 16.70% and a return on equity of 8.49%. The business’s quarterly revenue was down .1% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.89 earnings per share. 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. Analysts predict that Sempra Energy will post 5.12 earnings per share for the current fiscal year.

Insider Activity at Sempra Energy

In related news, EVP Caroline Ann Winn sold 8,000 shares of the firm’s stock in a transaction dated Wednesday, June 17th. The stock was sold at an average price of $90.55, for a total transaction of $724,400.00. Following the transaction, the executive vice president directly 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 position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Company insiders own 0.31% of the company’s stock.

Institutional Trading of Sempra Energy

Several hedge funds and other institutional investors have recently bought and sold shares of SRE. Creative Capital Management Investments LLC boosted its position in shares of Sempra Energy by 12.1% in the first quarter. Creative Capital Management Investments LLC now owns 1,040 shares of the utilities provider’s stock worth $101,000 after purchasing an additional 112 shares during the period. Bell Investment Advisors Inc raised its position in shares of Sempra Energy by 79.5% during the 1st 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 during the period. Gulf International Bank UK Ltd raised its position in shares of Sempra Energy by 0.4% during the 4th quarter. Gulf International Bank UK Ltd now owns 35,009 shares of the utilities provider’s stock valued at $3,091,000 after purchasing an additional 123 shares during the period. Rothschild Investment LLC lifted its stake in shares of Sempra Energy by 3.5% during the 4th quarter. Rothschild Investment LLC now owns 3,666 shares of the utilities provider’s stock valued at $324,000 after buying an additional 124 shares in the last quarter. Finally, Clal Insurance Enterprises Holdings Ltd lifted its stake 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 valued at $31,000 after buying an additional 127 shares in the last quarter. Hedge funds and other institutional investors own 89.65% of the company’s stock.

About Sempra Energy

(Get Free Report)

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.

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