Key Points
- Cynthia Warner, a Sempra director, bought 2,500 shares on March 11 at an average price of $92.95 (≈$232,375), increasing her holding to 11,275 shares — a 28.49% rise — per an SEC Form 4 filing.
- Sempra beat Q EPS estimates ($1.28 vs. $1.12) while slightly missing on revenue, and raised its quarterly dividend to $0.6575 (annualized $2.63) for a ~2.8% yield with a payout ratio near 93.5% (ex-dividend March 19).
- The stock trades around $93 (1‑year range $61.90–$97.44) with a market cap ≈$61B and P/E ~33.8, and analysts' consensus is a "Moderate Buy" with an average target of $100.
Sempra Energy (NYSE:SRE - Get Free Report) Director Cynthia Warner bought 2,500 shares of the stock in a transaction on Wednesday, March 11th. The shares were acquired at an average price of $92.95 per share, with a total value of $232,375.00. Following the purchase, the director owned 11,275 shares of the company's stock, valued at $1,048,011.25. The trade was a 28.49% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which can be accessed through this hyperlink.
Sempra Energy Stock Performance
Shares of NYSE SRE traded up $0.55 during midday trading on Thursday, hitting $93.34. The company's stock had a trading volume of 212,226 shares, compared to its average volume of 3,965,271. The company has a debt-to-equity ratio of 0.75, a quick ratio of 1.57 and a current ratio of 1.59. Sempra Energy has a 1-year low of $61.90 and a 1-year high of $97.44. The firm's fifty day moving average price is $90.53 and its 200-day moving average price is $89.45. The firm has a market cap of $60.98 billion, a P/E ratio of 33.82, a P/E/G ratio of 3.48 and a beta of 0.73.
Sempra Energy (NYSE:SRE - Get Free Report) last issued its earnings results on Thursday, February 26th. The utilities provider reported $1.28 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.12 by $0.16. The firm had revenue of $3.75 billion for the quarter, compared to analysts' expectations of $3.82 billion. Sempra Energy had a net margin of 13.27% and a return on equity of 8.22%. Sempra Energy's revenue was down .2% on a year-over-year basis. During the same quarter last year, the company posted $1.50 earnings per share. On average, sell-side analysts forecast that Sempra Energy will post 4.76 EPS for the current fiscal year.
Sempra Energy Increases Dividend
The business also recently announced a quarterly dividend, which will be paid on Wednesday, April 15th. Shareholders of record on Thursday, March 19th will be given a $0.6575 dividend. This is a boost from Sempra Energy's previous quarterly dividend of $0.65. This represents a $2.63 annualized dividend and a yield of 2.8%. The ex-dividend date of this dividend is Thursday, March 19th. Sempra Energy's dividend payout ratio is 93.48%.
Institutional Investors Weigh In On Sempra Energy
Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. West Wealth Group LLC grew its holdings in shares of Sempra Energy by 1.1% in the 3rd quarter. West Wealth Group LLC now owns 10,207 shares of the utilities provider's stock worth $942,000 after purchasing an additional 112 shares during the last quarter. Town & Country Bank & Trust CO dba First Bankers Trust CO lifted its position in Sempra Energy by 1.7% during the 3rd quarter. Town & Country Bank & Trust CO dba First Bankers Trust CO now owns 6,911 shares of the utilities provider's stock worth $622,000 after buying an additional 113 shares in the last quarter. Mesirow Financial Investment Management Inc. grew its holdings in Sempra Energy by 1.4% during the 3rd quarter. Mesirow Financial Investment Management Inc. now owns 8,587 shares of the utilities provider's stock worth $773,000 after acquiring an additional 115 shares during the last quarter. Rosenberg Matthew Hamilton increased its position 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 acquiring an additional 116 shares in the last quarter. Finally, Advisor OS LLC raised its stake in shares of Sempra Energy by 1.2% in the third quarter. Advisor OS LLC now owns 9,681 shares of the utilities provider's stock worth $871,000 after acquiring an additional 118 shares during the last quarter. 89.65% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
A number of research firms recently weighed in on SRE. Wall Street Zen cut shares of Sempra Energy from a "hold" rating to a "sell" rating in a report on Saturday, March 7th. UBS Group reissued a "neutral" rating and set a $100.00 target price (up from $96.00) on shares of Sempra Energy in a research note on Friday, March 6th. Barclays set a $95.00 price target on Sempra Energy and gave the company an "overweight" rating in a report on Tuesday, February 3rd. Weiss Ratings reissued a "hold (c+)" rating on shares of Sempra Energy in a report on Wednesday, January 21st. Finally, Morgan Stanley restated an "overweight" rating and issued a $101.00 target price on shares of Sempra Energy in a research report on Friday, February 20th. One investment analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and four have issued a Hold rating to the company's stock. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average target price of $100.00.
Get Our Latest Stock Report on SRE
Sempra Energy Company Profile
(
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.
Further Reading
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