Sempra Energy (NYSE:SRE) Receives $102.75 Average Price Target from Analysts

Shares of Sempra Energy (NYSE:SREGet Free Report) have been given a consensus recommendation of “Moderate Buy” by the fourteen brokerages that are presently covering the stock, MarketBeat reports. Four analysts have rated the stock with a hold recommendation, nine have assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average 12-month price target among analysts that have issued a report on the stock in the last year is $102.75.

SRE has been the topic of a number of analyst reports. Wells Fargo & Company restated an “overweight” rating and set a $118.00 target price on shares of Sempra Energy in a research report on Tuesday, April 21st. Truist Financial set a $104.00 price target on Sempra Energy and gave the company a “buy” rating in a research note on Monday, May 18th. BMO Capital Markets reduced their price target 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. JPMorgan Chase & Co. raised their price objective on Sempra Energy from $98.00 to $106.00 and gave the stock an “overweight” rating in a research note on Wednesday, March 18th. Finally, Weiss Ratings reiterated a “hold (c+)” rating on shares of Sempra Energy in a research report on Monday, April 20th.

Get Our Latest Stock Analysis on SRE

Sempra Energy Stock Performance

NYSE SRE traded up $2.49 on Thursday, reaching $95.44. The stock had a trading volume of 217,084 shares, compared to its average volume of 3,813,028. The company has a debt-to-equity ratio of 0.78, a current ratio of 1.69 and a quick ratio of 1.66. The firm has a fifty day moving average of $91.82 and a two-hundred day moving average of $91.92. Sempra Energy has a 1-year low of $73.18 and a 1-year high of $101.04. The company has a market cap of $62.39 billion, a P/E ratio of 32.25, a price-to-earnings-growth ratio of 2.24 and a beta of 0.56.

Sempra Energy (NYSE:SREGet Free Report) last posted 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 return on equity of 8.20% and a net margin of 14.31%.The company had revenue of $3.65 billion during the quarter, compared to the consensus estimate of $4.10 billion. During the same quarter last year, the firm earned $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. On average, equities research analysts anticipate that Sempra Energy will post 5.11 EPS for the current year.

Sempra Energy Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, July 15th. Investors of record on Thursday, June 25th will be paid a $0.6575 dividend. This represents a $2.63 dividend on an annualized basis and a yield of 2.8%. The ex-dividend date of this dividend is Thursday, June 25th. Sempra Energy’s payout ratio is 89.15%.

Insider Buying and Selling

In other Sempra Energy news, insider Diana L. Day sold 3,300 shares of the firm’s stock in a transaction dated Thursday, May 14th. The shares were sold at an average price of $92.13, for a total value of $304,029.00. Following the transaction, the insider directly owned 22,870 shares of the company’s stock, valued at $2,107,013.10. This trade represents a 12.61% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Caroline Ann Winn sold 8,000 shares of the company’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 transaction of $724,400.00. Following the sale, 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. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 13,900 shares of company stock valued at $1,261,207 over the last quarter. 0.31% of the stock is owned by company insiders.

Institutional Investors Weigh In On Sempra Energy

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Bell Investment Advisors Inc lifted 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 worth $25,000 after buying an additional 116 shares during the last quarter. Ares Financial Consulting LLC acquired a new position in Sempra Energy during the fourth quarter worth about $26,000. Clal Insurance Enterprises Holdings Ltd lifted its holdings in shares of Sempra Energy by 57.7% in the fourth quarter. Clal Insurance Enterprises Holdings Ltd now owns 347 shares of the utilities provider’s stock worth $31,000 after acquiring an additional 127 shares during the last quarter. Annis Gardner Whiting Capital Advisors LLC lifted its holdings in shares of Sempra Energy by 83.0% in the fourth quarter. Annis Gardner Whiting Capital Advisors LLC now owns 355 shares of the utilities provider’s stock worth $32,000 after acquiring an additional 161 shares during the last quarter. Finally, Key Financial Inc boosted its stake in shares of Sempra Energy by 73.6% in the 4th quarter. Key Financial Inc now owns 361 shares of the utilities provider’s stock valued at $32,000 after purchasing an additional 153 shares in the last quarter. 89.65% of the stock is currently owned by institutional investors.

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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Analyst Recommendations for Sempra Energy (NYSE:SRE)

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