Brokerages Set Sempra Energy (NYSE:SRE) Target Price at $102.75

Shares of Sempra Energy (NYSE:SREGet Free Report) have received a consensus recommendation of “Moderate Buy” from the fifteen analysts that are presently covering the stock, Marketbeat.com reports. Four research analysts have rated the stock with a hold rating, ten have issued a buy rating and one has given a strong buy rating to the company. The average 12 month target price among brokers that have issued ratings on the stock in the last year is $103.3077.

Several research analysts recently weighed in on the stock. TD Cowen assumed coverage on shares of Sempra Energy in a research report on Tuesday. They set a “buy” rating and a $110.00 price target for the company. Morgan Stanley reiterated an “overweight” rating and set a $105.00 price objective on shares of Sempra Energy in a research note on Wednesday, June 24th. Wall Street Zen cut Sempra Energy from a “hold” rating to a “sell” rating in a report on Saturday, July 4th. Wells Fargo & Company reissued an “overweight” rating and set a $118.00 target price on shares of Sempra Energy in a report on Tuesday, April 21st. Finally, BMO Capital Markets lowered their price target on Sempra Energy from $105.00 to $103.00 and set an “outperform” rating on the stock in a research note on Monday, May 11th.

Read Our Latest Analysis on SRE

Sempra Energy Trading Up 0.6%

Shares of SRE stock opened at $95.17 on Thursday. Sempra Energy has a 1-year low of $73.18 and a 1-year high of $101.04. The company has a market cap of $62.21 billion, a price-to-earnings ratio of 32.26, a PEG ratio of 2.28 and a beta of 0.56. The company has a debt-to-equity ratio of 0.78, a current ratio of 1.69 and a quick ratio of 1.66. The stock has a 50 day simple moving average of $91.88 and a 200-day simple moving average of $92.07.

Sempra Energy (NYSE:SREGet Free Report) last issued its quarterly earnings results on Thursday, May 7th. The utilities provider reported $1.51 EPS for the quarter, hitting the consensus estimate of $1.51. The company had revenue of $3.65 billion during the quarter, compared to analyst estimates of $4.10 billion. Sempra Energy had a net margin of 14.31% and a return on equity of 8.20%. The firm’s revenue was down 3.9% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.44 EPS. 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. On average, equities research analysts expect that Sempra Energy will post 5.11 EPS for the current fiscal year.

Sempra Energy Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 15th. Shareholders of record on Thursday, June 25th will be issued a $0.6575 dividend. The ex-dividend date is Thursday, June 25th. This represents a $2.63 dividend on an annualized basis and a yield of 2.8%. Sempra Energy’s dividend payout ratio (DPR) is presently 89.15%.

Insiders Place Their Bets

In other Sempra Energy news, EVP Caroline Ann Winn sold 8,000 shares of Sempra Energy 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 sale, 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 available through this hyperlink. Also, Director Pablo Ferrero sold 2,600 shares of the company’s stock in a transaction on Monday, May 18th. The stock was sold at an average price of $89.53, for a total transaction of $232,778.00. Following the sale, the director directly owned 15,423 shares of the company’s stock, valued at $1,380,821.19. The trade was a 14.43% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 13,900 shares of company stock valued at $1,261,207 in the last 90 days. 0.31% of the stock is owned by insiders.

Institutional Trading of Sempra Energy

A number of hedge funds have recently bought and sold shares of the business. Creative Capital Management Investments LLC lifted its position in Sempra Energy by 12.1% during the first quarter. Creative Capital Management Investments LLC now owns 1,040 shares of the utilities provider’s stock worth $101,000 after buying an additional 112 shares in the last quarter. Rosenberg Matthew Hamilton grew its holdings in Sempra Energy by 2.3% in the 4th quarter. Rosenberg Matthew Hamilton now owns 5,191 shares of the utilities provider’s stock valued at $458,000 after buying an additional 116 shares in the last quarter. Bell Investment Advisors Inc grew its holdings in Sempra Energy by 79.5% in the 1st quarter. Bell Investment Advisors Inc now owns 262 shares of the utilities provider’s stock valued at $25,000 after buying an additional 116 shares in the last quarter. Gulf International Bank UK Ltd increased its stake in shares of Sempra Energy by 0.4% in the 4th quarter. Gulf International Bank UK Ltd now owns 35,009 shares of the utilities provider’s stock worth $3,091,000 after acquiring an additional 123 shares during the last quarter. Finally, Silvia Mccoll Wealth Management LLC increased its stake in shares of Sempra Energy by 1.4% in the 4th quarter. Silvia Mccoll Wealth Management LLC now owns 9,045 shares of the utilities provider’s stock worth $799,000 after acquiring an additional 124 shares during the last quarter. Institutional investors and hedge funds own 89.65% of the company’s stock.

About Sempra Energy

(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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