Sempra Energy (SRE) – What Are Researchers Saying About This Stock?

Shares of Sempra Energy (NYSE:SRE) have earned a consensus rating of “Moderate Buy” from the nineteen research firms that are currently covering the firm, MarketBeat reports. Five research analysts have rated the stock with a hold recommendation and fourteen have assigned a buy recommendation to the company. The average 12 month target price among brokers that have issued ratings on the stock in the last year is $99.47.

Several equities research analysts recently commented on SRE shares. Jefferies Financial Group upgraded Sempra Energy from a “hold” rating to a “buy” rating and cut their target price for the company from $101.00 to $97.00 in a research report on Tuesday, September 1st. HSBC began coverage on Sempra Energy in a report on Thursday, October 22nd. They set a “buy” rating and a $97.50 price objective for the company. Morgan Stanley cut their target price on Sempra Energy from $104.00 to $100.00 and set an “overweight” rating on the stock in a report on Friday, September 18th. BTIG Research set a $100.00 price target on Sempra Energy in a research note on Tuesday, October 20th. Finally, BMO Capital Markets set a $102.00 target price on shares of Sempra Energy and gave the stock an “outperform” rating in a research note on Wednesday, July 22nd.

Hedge Funds Weigh In On Sempra Energy

Large investors have recently modified their holdings of the business. Pure Financial Advisors LLC purchased a new stake in shares of Sempra Energy in the second quarter worth about $4,555,000. Carnegie Investment Counsel grew its position in Sempra Energy by 15.5% in the first quarter. Carnegie Investment Counsel now owns 167,391 shares of the utilities provider’s stock worth $16,265,000 after acquiring an additional 22,408 shares in the last quarter. Magellan Asset Management Ltd increased its position in shares of Sempra Energy by 4.2% during the 1st quarter. Magellan Asset Management Ltd now owns 2,258,369 shares of the utilities provider’s stock valued at $219,446,000 after purchasing an additional 91,519 shares during the last quarter. Bank of America Corp DE raised its stake in shares of Sempra Energy by 16.1% during the first quarter. Bank of America Corp DE now owns 10,385,174 shares of the utilities provider’s stock worth $1,009,127,000 after acquiring an additional 1,441,981 shares in the last quarter. Finally, Swiss National Bank raised its position in Sempra Energy by 7.1% in the 1st quarter. Swiss National Bank now owns 1,915,400 shares of the utilities provider’s stock worth $186,119,000 after purchasing an additional 127,400 shares during the period. Hedge funds and other institutional investors own 89.65% of the company’s stock.

Sempra Energy Stock Down 0.5%

SRE stock opened at $78.42 on Wednesday. Sempra Energy has a 52 week low of $76.21 and a 52 week high of $101.04. The company has a market cap of $51.29 billion, a PE ratio of 16.79, a price-to-earnings-growth ratio of 2.17 and a beta of 0.55. The company has a quick ratio of 1.59, a current ratio of 1.61 and a debt-to-equity ratio of 0.77. The business has a 50-day simple moving average of $81.86 and a 200 day simple moving average of $89.15.

Sempra Energy (NYSE:SRE) last issued its earnings results on Thursday, November 5th. The utilities provider reported $1.40 earnings per share for the quarter, beating analysts’ consensus estimates of $1.22 by $0.18. Sempra Energy had a net margin of 22.53% and a return on equity of 8.84%. The firm had revenue of $3.19 billion for the quarter, compared to analyst estimates of $3.31 billion. During the same quarter last year, the business posted $1.11 earnings per share. The company’s quarterly revenue was up 1.3% 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. Sell-side analysts anticipate that Sempra Energy will post 5.14 EPS for the current fiscal year.

Sempra Energy Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, October 15th. Stockholders of record on Thursday, September 24th were paid a dividend of $0.6575 per share. The ex-dividend date was Thursday, September 24th. This represents a $2.63 annualized dividend and a dividend yield of 3.4%. Sempra Energy’s dividend payout ratio is presently 56.32%.

Sempra Energy Company Profile

Sempra is a North American energy infrastructure company headquartered in San Diego, California. Formed in 1998 through the merger of Pacific Enterprises and Enova Corporation, the company develops and operates regulated utilities and energy infrastructure. In California, Sempra’s utilities include San Diego Gas & Electric and Southern California Gas Company, which provide electricity and natural gas services to homes and businesses. In Texas, its operations include an ownership interest in Oncor, an electric transmission and distribution company.