Sempra Energy (NYSE:SRE) Receives $103.92 Average Price Target from Analysts

Sempra Energy (NYSE:SRE) has received a consensus recommendation of “Moderate Buy” from the fifteen analysts that are covering the firm, MarketBeat reports. Four investment analysts have rated the stock with a hold recommendation, ten have assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average 1-year price objective among brokerages that have covered the stock in the last year is $103.6154.

SRE has been the subject of a number of recent research reports. Jefferies Financial Group set a $101.00 price target on Sempra Energy in a research report on Thursday, July 16th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Sempra Energy in a report on Friday, July 17th. Morgan Stanley cut their price objective on shares of Sempra Energy from $108.00 to $104.00 and set an “overweight” rating on the stock in a research report on Friday. TD Cowen assumed coverage on shares of Sempra Energy in a report on Wednesday, July 8th. They set a “buy” rating for the company. Finally, Barclays decreased their target price on shares of Sempra Energy from $105.00 to $103.00 and set an “overweight” rating for the company in a research report on Thursday, July 9th.

Insider Buying and Selling

In other news, EVP Caroline Ann Winn sold 8,000 shares of the stock in a transaction dated Wednesday, June 17th. The shares were sold at an average price of $90.55, for a total transaction of $724,400.00. Following the completion of the transaction, the executive vice president directly owned 25,164 shares in the company, valued at $2,278,600.20. This represents a 24.12% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. 0.31% of the stock is owned by company insiders.

Institutional Trading of Sempra Energy

Hedge funds and other institutional investors have recently modified their holdings of the stock. Greenland Capital Management LP bought a new stake in Sempra Energy during the second quarter worth about $7,245,000. Washington Trust Advisors Inc. boosted its position in Sempra Energy by 61.5% during the second quarter. Washington Trust Advisors Inc. now owns 2,915 shares of the utilities provider’s stock valued at $270,000 after purchasing an additional 1,110 shares during the last quarter. Wedmont Private Capital grew its stake in Sempra Energy by 10.9% in the second quarter. Wedmont Private Capital now owns 4,668 shares of the utilities provider’s stock valued at $440,000 after purchasing an additional 457 shares in the last quarter. Kintra Wealth LLC grew its stake in Sempra Energy by 160.3% in the second quarter. Kintra Wealth LLC now owns 5,575 shares of the utilities provider’s stock valued at $482,000 after purchasing an additional 3,433 shares in the last quarter. Finally, HB Wealth Management LLC increased its position in shares of Sempra Energy by 7.9% during the 2nd quarter. HB Wealth Management LLC now owns 22,574 shares of the utilities provider’s stock worth $2,093,000 after purchasing an additional 1,658 shares during the last quarter. Institutional investors and hedge funds own 89.65% of the company’s stock.

Sempra Energy Trading Down 0.0%

SRE opened at $82.87 on Friday. The stock has a market capitalization of $54.19 billion, a P/E ratio of 24.02, a P/E/G ratio of 1.99 and a beta of 0.57. The company has a current ratio of 1.64, a quick ratio of 1.62 and a debt-to-equity ratio of 0.78. Sempra Energy has a 12 month low of $78.97 and a 12 month high of $101.04. The firm’s fifty day simple moving average is $90.31 and its 200 day simple moving average is $92.23.

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

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.