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

Shares of Sempra Energy (NYSE:SRE) have received a consensus rating of “Moderate Buy” from the fifteen analysts that are currently covering the stock, Marketbeat.com reports. Four equities research analysts have rated the stock with a hold recommendation, ten have given a buy recommendation and one has given a strong buy recommendation to the company. The average 12 month price target among brokers that have issued a report on the stock in the last year is $103.6154.

A number of brokerages recently issued reports on SRE. TD Cowen initiated coverage on Sempra Energy in a report on Wednesday, July 8th. They issued a “buy” rating for the company. Weiss Ratings restated a “hold (c+)” rating on shares of Sempra Energy in a research report on Friday, July 17th. Barclays lowered their target price on shares of Sempra Energy from $105.00 to $103.00 and set an “overweight” rating for the company in a report on Thursday, July 9th. Truist Financial set a $100.00 target price on shares of Sempra Energy and gave the company a “buy” rating in a research report on Thursday, August 13th. Finally, Jefferies Financial Group set a $101.00 price target on shares of Sempra Energy in a research note on Thursday, July 16th.

Insider Activity

In other Sempra Energy news, EVP Caroline Ann Winn sold 8,000 shares of the firm’s stock in a transaction 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 directly owned 25,164 shares of the company’s stock, valued at approximately $2,278,600.20. This trade represents a 24.12% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Company insiders own 0.31% of the company’s stock.

Institutional Trading of Sempra Energy

Several hedge funds have recently made changes to their positions in SRE. Amundi acquired a new position in Sempra Energy during the second quarter worth about $146,868,000. HighTower Advisors LLC acquired a new stake in shares of Sempra Energy during the 2nd quarter valued at approximately $118,996,000. 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 period. Greenland Capital Management LP purchased a new stake in shares of Sempra Energy during the 2nd quarter worth approximately $7,245,000. Finally, Washington Trust Advisors Inc. boosted its stake in shares of Sempra Energy by 61.5% during the 2nd quarter. Washington Trust Advisors Inc. now owns 2,915 shares of the utilities provider’s stock worth $270,000 after acquiring an additional 1,110 shares in the last quarter. Institutional investors and hedge funds own 89.65% of the company’s stock.

Sempra Energy Trading Down 0.6%

NYSE SRE opened at $84.75 on Friday. The company has a debt-to-equity ratio of 0.78, a quick ratio of 1.62 and a current ratio of 1.64. The firm has a market cap of $55.42 billion, a price-to-earnings ratio of 24.57, a PEG ratio of 2.05 and a beta of 0.57. The firm has a 50 day simple moving average of $89.80 and a 200-day simple moving average of $92.16. Sempra Energy has a one year low of $78.97 and a one year high of $101.04.

Sempra Energy (NYSE:SRE) last issued its quarterly earnings results on Thursday, August 6th. The utilities provider reported $1.16 EPS for the quarter, beating the consensus estimate of $1.01 by $0.15. Sempra Energy had a net margin of 16.70% and a return on equity of 8.49%. The company had revenue of $3 billion during the quarter, compared to analysts’ expectations of $3.14 billion. During the same quarter last year, the company posted $0.89 EPS. The firm’s revenue was down .1% compared to the same quarter last year. 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. Equities research analysts anticipate that Sempra Energy will post 5.12 EPS for the current fiscal year.

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.