Sempra Energy (NYSE:SRE) Director Pablo Ferrero Sells 2,600 Shares

Sempra Energy (NYSE:SRE) Director Pablo Ferrero sold 2,600 shares of the firm’s stock in a transaction that occurred on Monday, May 18th. The stock was sold at an average price of $89.53, for a total value of $232,778.00. Following the transaction, the director owned 15,423 shares of the company’s stock, valued at $1,380,821.19. This trade represents a 14.43% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

Sempra Energy Price Performance

SRE traded up $1.10 during trading on Tuesday, hitting $91.33. The company’s stock had a trading volume of 3,270,237 shares, compared to its average volume of 3,761,340. The firm’s 50 day moving average price is $94.63 and its two-hundred day moving average price is $91.97. The company has a quick ratio of 1.66, a current ratio of 1.69 and a debt-to-equity ratio of 0.78. Sempra Energy has a 12 month low of $73.06 and a 12 month high of $101.04. The stock has a market capitalization of $59.70 billion, a price-to-earnings ratio of 30.96, a price-to-earnings-growth ratio of 3.41 and a beta of 0.60.

Sempra Energy (NYSE:SRE) last issued its quarterly earnings data on Thursday, May 7th. The utilities provider reported $1.51 earnings per share (EPS) for the quarter, meeting the consensus estimate of $1.51. Sempra Energy had a return on equity of 8.20% and a net margin of 14.31%.The firm had revenue of $3.66 billion during the quarter, compared to the consensus estimate of $4.10 billion. During the same quarter in the previous year, the company posted $1.44 EPS. The business’s revenue for the quarter was down 3.9% 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 4.870-5.370 EPS. Sell-side analysts forecast that Sempra Energy will post 5.11 earnings per share for the current fiscal year.

Sempra Energy Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 15th. Shareholders of record on Thursday, June 25th will be given a $0.6575 dividend. The ex-dividend date is Thursday, June 25th. This represents a $2.63 annualized dividend and a yield of 2.9%. Sempra Energy’s payout ratio is presently 89.15%.

Analysts Set New Price Targets

Several equities analysts have issued reports on the company. Argus upgraded Sempra Energy from a “hold” rating to a “buy” rating in a research report on Wednesday, March 4th. UBS Group reiterated a “neutral” rating and issued a $100.00 price objective (up from $96.00) on shares of Sempra Energy in a research report on Friday, March 6th. Wells Fargo & Company reiterated an “overweight” rating and issued a $118.00 price objective on shares of Sempra Energy in a research report on Tuesday, April 21st. Barclays reiterated an “overweight” rating and issued a $105.00 price objective (up from $95.00) on shares of Sempra Energy in a research report on Wednesday, April 15th. Finally, Wall Street Zen cut Sempra Energy from a “hold” rating to a “sell” rating in a research note on Sunday, May 10th. One analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Sempra Energy currently has an average rating of “Moderate Buy” and a consensus price target of $102.67.

Institutional Investors Weigh In On Sempra Energy

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Bank of America Corp DE increased its holdings in Sempra Energy by 16.1% in the first quarter. Bank of America Corp DE now owns 10,385,174 shares of the utilities provider’s stock valued at $1,009,127,000 after purchasing an additional 1,441,981 shares during the last quarter. Janus Henderson Group PLC boosted its position in shares of Sempra Energy by 316.9% during the first quarter. Janus Henderson Group PLC now owns 328,845 shares of the utilities provider’s stock worth $31,955,000 after buying an additional 249,957 shares during the period. Centaurus Financial Inc. boosted its position in shares of Sempra Energy by 2.0% during the first quarter. Centaurus Financial Inc. now owns 13,998 shares of the utilities provider’s stock worth $1,360,000 after buying an additional 276 shares during the period. Strategic Investment Advisors MI boosted its position in shares of Sempra Energy by 8.2% during the first quarter. Strategic Investment Advisors MI now owns 8,784 shares of the utilities provider’s stock worth $853,000 after buying an additional 667 shares during the period. Finally, Altshuler Shaham Ltd boosted its position in shares of Sempra Energy by 13.7% during the first quarter. Altshuler Shaham Ltd now owns 8,414 shares of the utilities provider’s stock worth $818,000 after buying an additional 1,017 shares during the period. Institutional investors own 89.65% of the company’s stock.

Sempra Energy Company Profile

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.