Sempra Energy (NYSE:SRE) Given Consensus Rating of “Moderate Buy” by Analysts

Shares of Sempra Energy (NYSE:SRE) have been given an average recommendation of “Moderate Buy” by the fifteen brokerages that are covering the company, MarketBeat Ratings reports. Four research analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has issued a strong buy rating on the company. The average twelve-month target price among brokerages that have issued ratings on the stock in the last year is $101.6923.

Several research firms recently issued reports on SRE. Jefferies Financial Group raised Sempra Energy from a “hold” rating to a “buy” rating and dropped their price objective for the company from $101.00 to $97.00 in a research note on Tuesday, September 1st. BMO Capital Markets set a $102.00 target price on Sempra Energy and gave the stock an “outperform” rating in a research note on Wednesday, July 22nd. Barclays lowered their price target on Sempra Energy from $105.00 to $103.00 and set an “overweight” rating on the stock in a report on Thursday, July 9th. JPMorgan Chase & Co. dropped their price target on Sempra Energy from $113.00 to $102.00 and set an “overweight” rating for the company in a research report on Wednesday, September 2nd. Finally, TD Cowen started coverage on Sempra Energy in a report on Wednesday, July 8th. They set a “buy” rating for the company.

Hedge Funds Weigh In On Sempra Energy

Institutional investors have recently made changes to their positions in the stock. Pure Financial Advisors LLC purchased a new stake in Sempra Energy during the 2nd quarter valued at about $4,555,000. Carnegie Investment Counsel increased its stake in Sempra Energy by 15.5% in the 1st quarter. Carnegie Investment Counsel now owns 167,391 shares of the utilities provider’s stock worth $16,265,000 after purchasing an additional 22,408 shares during the period. Magellan Asset Management Ltd increased its stake in Sempra Energy by 4.2% in the 1st quarter. Magellan Asset Management Ltd now owns 2,258,369 shares of the utilities provider’s stock worth $219,446,000 after purchasing an additional 91,519 shares during the period. Dockside LLC purchased a new stake in shares of Sempra Energy during the fourth quarter valued at approximately $3,938,000. Finally, Fideuram Intesa Sanpaolo Private Banking S.P.A. purchased a new stake in shares of Sempra Energy during the fourth quarter valued at approximately $3,289,000. Institutional investors own 89.65% of the company’s stock.

Sempra Energy Stock Performance

Sempra Energy stock opened at $81.23 on Tuesday. Sempra Energy has a 1-year low of $79.59 and a 1-year high of $101.04. The company has a current ratio of 1.64, a quick ratio of 1.62 and a debt-to-equity ratio of 0.78. The firm has a market capitalization of $53.12 billion, a PE ratio of 23.54, a price-to-earnings-growth ratio of 2.25 and a beta of 0.55. The firm’s 50 day simple moving average is $86.40 and its 200 day simple moving average is $90.95.

Sempra Energy (NYSE:SRE) last announced 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. The firm had revenue of $3 billion during the quarter, compared to the consensus estimate of $3.14 billion. Sempra Energy had a net margin of 16.70% and a return on equity of 8.49%. The business’s quarterly revenue was down .1% compared to the same quarter last year. During the same period last year, the firm earned $0.89 EPS. 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, analysts expect that Sempra Energy will post 5.12 earnings per share for the current fiscal year.

Sempra Energy Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, October 15th. Shareholders of record on Thursday, September 24th will be given a dividend of $0.6575 per share. The ex-dividend date is Thursday, September 24th. This represents a $2.63 annualized dividend and a yield of 3.2%. Sempra Energy’s payout ratio is presently 76.23%.

Sempra Energy Company Profile

Sempra, formerly known as Sempra Energy, is an energy infrastructure company headquartered in San Diego, California. The company develops, owns and operates energy networks and infrastructure that support the delivery of natural gas and electricity, with operations focused primarily on North America.

Through its California utilities, Southern California Gas Company and San Diego Gas & Electric, Sempra provides natural gas distribution and electric services to residential, commercial and industrial customers.