Sempra Energy (NYSE:SRE – Get Free Report) insider Diana Day sold 3,300 shares of the business’s stock in a transaction dated Thursday, May 14th. The stock was sold at an average price of $92.13, for a total value of $304,029.00. Following the sale, the insider owned 22,870 shares in the company, valued at approximately $2,107,013.10. This trade represents a 12.61% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Sempra Energy Stock Up 1.1%
Shares of NYSE SRE opened at $92.70 on Friday. The company has a 50 day simple moving average of $94.81 and a 200 day simple moving average of $92.01. The firm has a market cap of $60.60 billion, a PE ratio of 31.42, a price-to-earnings-growth ratio of 3.46 and a beta of 0.60. Sempra Energy has a 1 year low of $73.06 and a 1 year high of $101.04. The company has a debt-to-equity ratio of 0.78, a current ratio of 1.69 and a quick ratio of 1.66.
Sempra Energy (NYSE:SRE – Get 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. The firm had revenue of $3.66 billion for the quarter, compared to analyst estimates of $4.10 billion. Sempra Energy had a net margin of 14.31% and a return on equity of 8.20%. The company’s revenue for the quarter was down 3.9% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.44 EPS. 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, research analysts forecast that Sempra Energy will post 5.11 EPS for the current year.
Sempra Energy Announces Dividend
Hedge Funds Weigh In On Sempra Energy
Institutional investors have recently added to or reduced their stakes in the business. Meeder Asset Management Inc. acquired a new position in shares of Sempra Energy during the 3rd quarter valued at $25,000. Bell Investment Advisors Inc increased its stake in Sempra Energy by 79.5% in the first 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 in the last quarter. Ares Financial Consulting LLC acquired a new position in shares of Sempra Energy during the fourth quarter valued at about $26,000. Clal Insurance Enterprises Holdings Ltd boosted its position 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 worth $31,000 after purchasing an additional 127 shares in the last quarter. Finally, Key Financial Inc grew 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 buying an additional 153 shares during the period. 89.65% of the stock is owned by institutional investors and hedge funds.
Analyst Ratings Changes
A number of equities analysts recently commented on SRE shares. Wells Fargo & Company reaffirmed an “overweight” rating and issued a $118.00 price objective on shares of Sempra Energy in a research note on Tuesday, April 21st. JPMorgan Chase & Co. raised their price target on shares of Sempra Energy from $98.00 to $106.00 and gave the stock an “overweight” rating in a report on Wednesday, March 18th. UBS Group restated a “neutral” rating and issued a $100.00 price target (up from $96.00) on shares of Sempra Energy in a research report on Friday, March 6th. Truist Financial set a $108.00 price objective on shares of Sempra Energy and gave the stock a “buy” rating in a research report on Monday, April 20th. Finally, Wall Street Zen lowered shares of Sempra Energy from a “hold” rating to a “sell” rating in a report on Sunday, May 10th. Two investment analysts have rated the stock with a Strong Buy rating, eight have issued a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $103.00.
View Our Latest Stock Analysis on Sempra Energy
About Sempra Energy
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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