Barclays Issues Pessimistic Forecast for Sempra Energy (NYSE:SRE) Stock Price

Sempra Energy (NYSE:SRE) had its price target cut by stock analysts at Barclays from $105.00 to $103.00 in a research report issued to clients and investors on Thursday,Benzinga reports. The firm presently has an “overweight” rating on the utilities provider’s stock. Barclays‘s target price suggests a potential upside of 8.72% from the company’s previous close.

SRE has been the subject of several other reports. BMO Capital Markets lowered their target price on Sempra Energy from $105.00 to $103.00 and set an “outperform” rating for the company in a report on Monday, May 11th. TD Cowen raised Sempra Energy to a “strong-buy” rating in a report on Wednesday. JPMorgan Chase & Co. boosted their price objective on Sempra Energy from $98.00 to $106.00 and gave the company an “overweight” rating in a research report on Wednesday, March 18th. Truist Financial set a $104.00 price objective on Sempra Energy and gave the stock a “buy” rating in a research note on Monday, May 18th. Finally, Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Sempra Energy in a research report on Monday, April 20th. Two analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating and four have given a Hold rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $103.15.

Sempra Energy Trading Down 0.6%

NYSE SRE opened at $94.74 on Thursday. The company has a debt-to-equity ratio of 0.78, a quick ratio of 1.66 and a current ratio of 1.69. Sempra Energy has a one year low of $73.83 and a one year high of $101.04. The company has a 50-day simple moving average of $91.88 and a 200-day simple moving average of $92.07. The firm has a market capitalization of $61.93 billion, a PE ratio of 32.21, a price-to-earnings-growth ratio of 2.28 and a beta of 0.56.

Sempra Energy (NYSE:SRE) last released its quarterly earnings data on Thursday, May 7th. The utilities provider reported $1.51 earnings per share for the quarter, hitting the consensus estimate of $1.51. The firm had revenue of $3.65 billion for 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%. Sempra Energy’s quarterly revenue was down 3.9% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.44 earnings per share. 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 analysts forecast that Sempra Energy will post 5.11 earnings per share for the current year.

Insider Activity

In related news, 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 sale, the director directly owned 15,423 shares in the company, valued at $1,380,821.19. This trade represents a 14.43% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Diana L. Day sold 3,300 shares of Sempra Energy stock in a transaction on Thursday, May 14th. The shares were sold at an average price of $92.13, for a total value of $304,029.00. Following the sale, the insider directly owned 22,870 shares in the company, valued at $2,107,013.10. The trade was a 12.61% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders have sold 13,900 shares of company stock valued at $1,261,207. Insiders own 0.31% of the company’s stock.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of SRE. Vanguard Group Inc. lifted its holdings in Sempra Energy by 1.3% in the fourth quarter. Vanguard Group Inc. now owns 76,734,070 shares of the utilities provider’s stock worth $6,774,907,000 after purchasing an additional 1,008,476 shares during the period. State Street Corp raised its position in shares of Sempra Energy by 5.2% during the 4th quarter. State Street Corp now owns 36,810,449 shares of the utilities provider’s stock worth $3,273,460,000 after buying an additional 1,824,280 shares in the last quarter. Morgan Stanley lifted its stake in shares of Sempra Energy by 17.0% in the 4th quarter. Morgan Stanley now owns 22,330,091 shares of the utilities provider’s stock worth $1,971,524,000 after acquiring an additional 3,250,783 shares during the period. Geode Capital Management LLC lifted its stake in shares of Sempra Energy by 0.8% in the 4th quarter. Geode Capital Management LLC now owns 14,298,845 shares of the utilities provider’s stock worth $1,256,592,000 after acquiring an additional 116,554 shares during the period. Finally, JPMorgan Chase & Co. lifted its stake in shares of Sempra Energy by 16.6% in the 4th quarter. JPMorgan Chase & Co. now owns 12,163,523 shares of the utilities provider’s stock worth $1,073,918,000 after acquiring an additional 1,735,516 shares during the period. 89.65% of the stock is owned by institutional investors and hedge funds.

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.