Sempra Energy (NYSE:SRE – Get Free Report) updated its FY 2025 earnings guidance on Sunday. The company provided EPS guidance of 4.300-4.700 for the period, compared to the consensus EPS estimate of 4.500. The company issued revenue guidance of -. Sempra Energy also updated its FY 2026 guidance to 4.800-5.300 EPS.
Analyst Ratings Changes
SRE has been the topic of a number of research reports. Citigroup reissued a “neutral” rating and issued a $80.00 target price (up from $70.00) on shares of Sempra Energy in a research note on Monday, August 4th. Barclays lifted their price objective on Sempra Energy from $71.00 to $80.00 and gave the stock an “equal weight” rating in a research report on Tuesday, August 26th. Mizuho upped their target price on Sempra Energy from $86.00 to $93.00 and gave the company an “outperform” rating in a report on Wednesday, September 24th. Morgan Stanley reiterated an “overweight” rating and set a $93.00 price target (up previously from $86.00) on shares of Sempra Energy in a report on Wednesday, September 24th. Finally, Weiss Ratings reissued a “hold (c+)” rating on shares of Sempra Energy in a report on Saturday, September 27th. Six equities research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $84.55.
Check Out Our Latest Stock Analysis on SRE
Sempra Energy Stock Performance
Sempra Energy (NYSE:SRE – Get Free Report) last posted its earnings results on Thursday, August 7th. The utilities provider reported $0.89 EPS for the quarter, beating analysts’ consensus estimates of $0.82 by $0.07. The company 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%. Sempra Energy’s revenue for the quarter was down .4% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.89 earnings per share. Equities analysts anticipate that Sempra Energy will post 4.76 earnings per share for the current year.
Sempra Energy Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 15th. Investors of record on Wednesday, October 1st will be given a dividend of $0.645 per share. The ex-dividend date of this dividend is Wednesday, October 1st. This represents a $2.58 dividend on an annualized basis and a dividend yield of 2.8%. Sempra Energy’s dividend payout ratio (DPR) is presently 62.32%.
Insider Buying and Selling at Sempra Energy
In other news, Director Kevin C. Sagara sold 14,433 shares of Sempra Energy stock in a transaction on Monday, September 29th. The stock was sold at an average price of $89.50, for a total value of $1,291,753.50. Following the completion of the sale, the director directly owned 1,042 shares of the company’s stock, valued at approximately $93,259. The trade was a 93.27% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, EVP Caroline Ann Winn sold 5,114 shares of the business’s stock in a transaction on Thursday, August 14th. The shares were sold at an average price of $82.01, for a total value of $419,399.14. Following the completion of the sale, the executive vice president owned 39,380 shares in the company, valued at $3,229,553.80. This represents a 11.49% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 49,987 shares of company stock valued at $4,267,870 over the last quarter. 0.27% of the stock is owned by company insiders.
Hedge Funds Weigh In On Sempra Energy
Several institutional investors have recently bought and sold shares of SRE. Cary Street Partners Financial LLC lifted its position in shares of Sempra Energy by 78.5% during the second quarter. Cary Street Partners Financial LLC now owns 771 shares of the utilities provider’s stock worth $58,000 after purchasing an additional 339 shares in the last quarter. MUFG Securities EMEA plc acquired a new position in shares of Sempra Energy in the second quarter valued at approximately $146,000. Howland Capital Management LLC purchased a new stake in Sempra Energy during the 2nd quarter worth approximately $217,000. Two Sigma Securities LLC acquired a new stake in Sempra Energy during the 2nd quarter worth approximately $271,000. Finally, Vivaldi Capital Management LP lifted its holdings in Sempra Energy by 4.8% during the 2nd quarter. Vivaldi Capital Management LP now owns 3,660 shares of the utilities provider’s stock worth $277,000 after buying an additional 168 shares in the last quarter. 89.65% of the stock is owned by institutional investors and hedge funds.
About Sempra Energy
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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