Sempra Energy (NYSE:SRE – Free Report) – Investment analysts at KeyCorp reduced their FY2025 earnings estimates for shares of Sempra Energy in a research report issued to clients and investors on Wednesday, October 15th. KeyCorp analyst S. Karp now expects that the utilities provider will post earnings of $4.53 per share for the year, down from their previous estimate of $5.18. The consensus estimate for Sempra Energy’s current full-year earnings is $4.76 per share. KeyCorp also issued estimates for Sempra Energy’s FY2026 earnings at $5.02 EPS, FY2027 earnings at $5.37 EPS and FY2028 earnings at $5.79 EPS.
Sempra Energy (NYSE:SRE – Get Free Report) last announced its quarterly earnings results on Thursday, August 7th. The utilities provider reported $0.89 earnings per share for the quarter, beating the consensus estimate of $0.82 by $0.07. The firm had revenue of $3 billion for the quarter, compared to analysts’ expectations of $3.35 billion. Sempra Energy had a net margin of 20.28% and a return on equity of 8.42%. The company’s revenue was down .4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.89 EPS.
Read Our Latest Report on Sempra Energy
Sempra Energy Stock Up 1.5%
Shares of SRE opened at $92.65 on Monday. The firm has a market cap of $60.45 billion, a P/E ratio of 22.38, a price-to-earnings-growth ratio of 2.81 and a beta of 0.66. Sempra Energy has a 12-month low of $61.90 and a 12-month high of $95.77. The company’s 50-day moving average price is $85.48 and its 200 day moving average price is $79.03. The company has a current ratio of 0.48, a quick ratio of 0.41 and a debt-to-equity ratio of 0.93.
Sempra Energy Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Wednesday, October 15th. Shareholders of record on Wednesday, October 1st were paid a dividend of $0.645 per share. The ex-dividend date was Wednesday, October 1st. This represents a $2.58 dividend on an annualized basis and a yield of 2.8%. Sempra Energy’s dividend payout ratio is 62.32%.
Insiders Place Their Bets
In related news, SVP Alexander Lisa Larroque sold 1,576 shares of the company’s stock in a transaction that occurred on Wednesday, July 23rd. The shares were sold at an average price of $80.00, for a total transaction of $126,080.00. Following the sale, the senior vice president directly owned 15,600 shares in the company, valued at approximately $1,248,000. This represents a 9.18% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Caroline Ann Winn sold 5,114 shares of the company’s stock in a transaction that occurred on Thursday, August 14th. The stock was sold at an average price of $82.01, for a total transaction of $419,399.14. Following the sale, the executive vice president owned 39,380 shares in the company, valued at $3,229,553.80. The trade was a 11.49% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 49,987 shares of company stock worth $4,267,870 over the last three months. Company insiders own 0.27% of the company’s stock.
Institutional Trading of Sempra Energy
Large investors have recently made changes to their positions in the company. Westside Investment Management Inc. increased its stake in shares of Sempra Energy by 51.2% during the second quarter. Westside Investment Management Inc. now owns 375 shares of the utilities provider’s stock worth $29,000 after buying an additional 127 shares during the period. Pingora Partners LLC increased its stake in shares of Sempra Energy by 48.3% during the first quarter. Pingora Partners LLC now owns 430 shares of the utilities provider’s stock worth $31,000 after buying an additional 140 shares during the period. NewSquare Capital LLC increased its stake in shares of Sempra Energy by 245.1% during the second quarter. NewSquare Capital LLC now owns 421 shares of the utilities provider’s stock worth $32,000 after buying an additional 299 shares during the period. ST Germain D J Co. Inc. increased its stake in shares of Sempra Energy by 230.8% during the second quarter. ST Germain D J Co. Inc. now owns 430 shares of the utilities provider’s stock worth $33,000 after buying an additional 300 shares during the period. Finally, Bogart Wealth LLC increased its stake in shares of Sempra Energy by 74.1% during the second quarter. Bogart Wealth LLC now owns 444 shares of the utilities provider’s stock worth $34,000 after buying an additional 189 shares during the period. 89.65% of the stock is currently owned by hedge funds and other institutional investors.
Sempra Energy Company Profile
Sempra operates as an energy infrastructure company in the United States and internationally. It operates through three segments: Sempra California, Sempra Texas Utilities, and Sempra Infrastructure. The Sempra California segment provides electric services; and natural gas services to San Diego County.
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