Sempra Energy (NYSE:SRE – Get Free Report) shares gapped down prior to trading on Monday . The stock had previously closed at $84.31, but opened at $79.98. Sempra Energy shares last traded at $81.4130, with a volume of 1,031,933 shares traded.
Analyst Ratings Changes
SRE has been the subject of several analyst reports. Barclays decreased their price objective on shares of Sempra Energy from $105.00 to $103.00 and set an “overweight” rating for the company in a research note on Thursday, July 9th. BMO Capital Markets set a $102.00 target price on Sempra Energy and gave the company an “outperform” rating in a research note on Wednesday, July 22nd. TD Cowen began coverage on Sempra Energy in a report on Wednesday, July 8th. They issued a “buy” rating on the stock. Morgan Stanley decreased their price target on Sempra Energy from $108.00 to $104.00 and set an “overweight” rating for the company in a research note on Friday, August 21st. Finally, Wall Street Zen raised Sempra Energy from a “sell” rating to a “hold” rating in a research report on Saturday, July 25th. One research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat.com, Sempra Energy has a consensus rating of “Moderate Buy” and a consensus target price of $102.92.
Get Our Latest Stock Analysis on Sempra Energy
Sempra Energy Stock Down 2.6%
Sempra Energy (NYSE:SRE – Get Free Report) last issued its quarterly earnings results on Thursday, August 6th. The utilities provider reported $1.16 earnings per share for the quarter, topping the consensus estimate of $1.01 by $0.15. The business had revenue of $3 billion during the quarter, compared to the consensus estimate of $3.14 billion. Sempra Energy had a return on equity of 8.49% and a net margin of 16.70%.The company’s quarterly revenue was down .1% on a year-over-year basis. During the same quarter last year, the company earned $0.89 earnings per share. Sempra Energy has set its FY 2027 guidance at 5.100-5.700 EPS and its FY 2026 guidance at 4.800-5.300 EPS. On average, equities analysts predict that Sempra Energy will post 5.12 earnings per share for the current fiscal year.
Insider Transactions at Sempra Energy
In other Sempra Energy news, EVP Caroline Ann Winn sold 8,000 shares of the company’s stock in a transaction that occurred on Wednesday, June 17th. The shares were sold at an average price of $90.55, for a total transaction of $724,400.00. Following the transaction, the executive vice president owned 25,164 shares in the company, valued at approximately $2,278,600.20. This represents a 24.12% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Insiders own 0.31% of the company’s stock.
Institutional Investors Weigh In On Sempra Energy
A number of large investors have recently made changes to their positions in SRE. Bell Investment Advisors Inc lifted its position in 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 acquiring an additional 116 shares during the period. Frazier Financial Advisors LLC acquired a new position in shares of Sempra Energy in the second quarter valued at about $25,000. Edmond DE Rothschild Holding S.A. purchased a new position in shares of Sempra Energy in the second quarter worth about $27,000. Silvant Capital Management LLC purchased a new position in shares of Sempra Energy in the second quarter worth about $28,000. Finally, Clal Insurance Enterprises Holdings Ltd raised its stake 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 purchasing an additional 127 shares during the last quarter. 89.65% of the stock is owned by hedge funds and other institutional investors.
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.
Featured Stories
- Five stocks we like better than Sempra Energy
- AST SpaceMobile Is Down 54%—Can FCC Progress and BlueBirds Reverse the Slide?
- Don’t Miss These 3 Companies Delivering Strong Guidance Updates
- Insider Confidence Is Building in These 3 Very Different Stocks
- The SaaSpocalypse Trade Is Cracking, and These 5 Stocks Are Leading Higher
Receive News & Ratings for Sempra Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sempra Energy and related companies with MarketBeat.com's FREE daily email newsletter.
