Sempra Energy (NYSE:SRE) Receives Average Recommendation of “Moderate Buy” from Brokerages

Shares of Sempra Energy (NYSE:SREGet Free Report) have earned an average recommendation of “Moderate Buy” from the fifteen brokerages that are presently covering the company, MarketBeat.com reports. Four equities research analysts have rated the stock with a hold recommendation, ten have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average twelve-month price target among analysts that have updated their coverage on the stock in the last year is $103.6154.

A number of brokerages recently issued reports on SRE. Jefferies Financial Group set a $101.00 target price on shares of Sempra Energy in a research report on Thursday, July 16th. BMO Capital Markets set a $102.00 price objective on Sempra Energy and gave the stock an “outperform” rating in a research note on Wednesday, July 22nd. Weiss Ratings restated a “hold (c+)” rating on shares of Sempra Energy in a report on Friday, July 17th. Morgan Stanley cut their price objective on Sempra Energy from $108.00 to $104.00 and set an “overweight” rating for the company in a report on Friday, August 21st. Finally, Barclays lowered their target price on Sempra Energy from $105.00 to $103.00 and set an “overweight” rating on the stock in a report on Thursday, July 9th.

View Our Latest Report on Sempra Energy

Insider Buying and Selling at Sempra Energy

In other news, EVP Caroline Ann Winn sold 8,000 shares of Sempra Energy stock in a transaction that occurred on Wednesday, June 17th. The shares were sold at an average price of $90.55, for a total value of $724,400.00. Following the transaction, the executive vice president owned 25,164 shares of the company’s stock, valued at $2,278,600.20. The trade was a 24.12% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Company insiders own 0.31% of the company’s stock.

Institutional Trading of Sempra Energy

A number of large investors have recently added to or reduced their stakes in SRE. California State Teachers Retirement System lifted its position in shares of Sempra Energy by 11,081.4% during the 2nd quarter. California State Teachers Retirement System now owns 92,350,656 shares of the utilities provider’s stock valued at $8,561,829,000 after acquiring an additional 91,524,727 shares during the last quarter. Vanguard Group Inc. grew its holdings in shares of Sempra Energy by 1.3% in the 4th quarter. Vanguard Group Inc. now owns 76,734,070 shares of the utilities provider’s stock worth $6,774,907,000 after acquiring an additional 1,008,476 shares during the last quarter. BlackRock Inc. acquired a new position in shares of Sempra Energy in the 2nd quarter worth $5,588,577,000. State Street Corp raised its position in shares of Sempra Energy by 5.2% during the fourth quarter. State Street Corp now owns 36,810,449 shares of the utilities provider’s stock worth $3,273,460,000 after purchasing an additional 1,824,280 shares during the period. Finally, Morgan Stanley raised its position in shares of Sempra Energy by 17.0% during the fourth quarter. Morgan Stanley now owns 22,330,091 shares of the utilities provider’s stock worth $1,971,524,000 after purchasing an additional 3,250,783 shares during the period. 89.65% of the stock is currently owned by institutional investors.

Sempra Energy Stock Down 0.6%

Shares of Sempra Energy stock opened at $84.03 on Friday. The company has a debt-to-equity ratio of 0.78, a current ratio of 1.64 and a quick ratio of 1.62. Sempra Energy has a 1-year low of $78.97 and a 1-year high of $101.04. The business’s fifty day moving average price is $90.01 and its two-hundred day moving average price is $92.19. The company has a market capitalization of $54.95 billion, a P/E ratio of 24.36, a PEG ratio of 2.03 and a beta of 0.57.

Sempra Energy (NYSE:SREGet Free Report) last released its quarterly earnings results on Thursday, August 6th. The utilities provider reported $1.16 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.01 by $0.15. The company had revenue of $3 billion during the quarter, compared to analysts’ expectations of $3.14 billion. Sempra Energy had a return on equity of 8.49% and a net margin of 16.70%.The company’s revenue for the quarter was down .1% compared to the same quarter last year. During the same quarter in the prior year, the business posted $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. As a group, research analysts forecast that Sempra Energy will post 5.12 EPS for the current year.

Sempra Energy Company Profile

(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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