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.
Analysts Set New Price Targets
Several equities analysts have weighed in on the stock. Barclays boosted their target price on shares of Sempra Energy from $71.00 to $80.00 and gave the company an “equal weight” rating in a report on Tuesday, August 26th. Citigroup reiterated a “neutral” rating and issued a $80.00 target price (up from $70.00) on shares of Sempra Energy in a report on Monday, August 4th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Sempra Energy in a report on Saturday, September 27th. BMO Capital Markets boosted their target price on shares of Sempra Energy from $88.00 to $95.00 and gave the company an “outperform” rating in a report on Thursday, September 25th. Finally, Morgan Stanley reiterated an “overweight” rating and issued a $93.00 target price (up from $86.00) on shares of Sempra Energy in a report on Wednesday, September 24th. Six investment analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $84.55.
Check Out Our Latest Analysis on SRE
Sempra Energy Stock Performance
Sempra Energy (NYSE:SRE – Get Free Report) last issued its quarterly earnings data on Thursday, August 7th. The utilities provider reported $0.89 EPS for the quarter, topping the consensus estimate of $0.82 by $0.07. Sempra Energy had a net margin of 20.28% and a return on equity of 8.42%. The firm had revenue of $3 billion for the quarter, compared to analyst estimates of $3.35 billion. During the same period in the prior year, the business posted $0.89 EPS. The business’s revenue for the quarter was down .4% compared to the same quarter last year. As a group, equities research analysts predict that Sempra Energy will post 4.76 EPS for the current year.
Sempra Energy Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, October 15th. Investors of record on Wednesday, October 1st will be paid a dividend of $0.645 per share. This represents a $2.58 annualized dividend and a yield of 2.8%. The ex-dividend date of this dividend is Wednesday, October 1st. Sempra Energy’s dividend payout ratio is presently 62.32%.
Insider Buying and Selling
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 of the company’s stock, valued at $1,248,000. This represents a 9.18% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Kevin C. Sagara sold 14,433 shares of the company’s stock in a transaction that occurred on Monday, September 29th. The stock was sold at an average price of $89.50, for a total transaction of $1,291,753.50. Following the sale, the director directly owned 1,042 shares in the company, valued at approximately $93,259. The trade was a 93.27% decrease in their ownership of the stock. 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 in the last ninety days. Company insiders own 0.27% of the company’s stock.
Institutional Investors Weigh In On Sempra Energy
Several large investors have recently added to or reduced their stakes in SRE. Cary Street Partners Financial LLC increased its stake in Sempra Energy by 78.5% during the 2nd quarter. Cary Street Partners Financial LLC now owns 771 shares of the utilities provider’s stock worth $58,000 after buying an additional 339 shares during the period. MUFG Securities EMEA plc purchased a new stake in Sempra Energy during the 2nd quarter worth 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 purchased a new stake in Sempra Energy during the 2nd quarter worth approximately $271,000. Finally, Vivaldi Capital Management LP increased its position in shares of Sempra Energy by 4.8% in the 2nd quarter. Vivaldi Capital Management LP now owns 3,660 shares of the utilities provider’s stock valued at $277,000 after purchasing an additional 168 shares during the last quarter. 89.65% of the stock is 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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