Key Points
- Insider sale: Sempra Energy insider Diana Day sold 3,300 shares at an average price of $92.13, totaling about $304,029. The sale was made under a pre-arranged Rule 10b5-1 plan.
- Recent earnings: The company reported quarterly EPS of $1.51, matching analyst expectations, but revenue of $3.66 billion came in below estimates and was down 3.9% year over year.
- Dividend and outlook: Sempra declared a quarterly dividend of $0.6575 per share, or $2.63 annualized, yielding 2.8%. Analysts currently rate the stock a Moderate Buy with a consensus target price of $103.00.
Sempra Energy (NYSE:SRE - Get Free Report) insider Diana Day sold 3,300 shares of the business's stock in a transaction that occurred 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 owned 22,870 shares of the company's stock, valued at approximately $2,107,013.10. This represents a 12.61% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Sempra Energy Price Performance
Shares of SRE opened at $92.70 on Friday. The business's fifty day moving average is $94.81 and its 200 day moving average is $92.01. Sempra Energy has a 12-month low of $73.06 and a 12-month high of $101.04. The company has a quick ratio of 1.66, a current ratio of 1.69 and a debt-to-equity ratio of 0.78. The stock has a market cap of $60.60 billion, a P/E ratio of 31.42, a P/E/G ratio of 3.46 and a beta of 0.60.
Sempra Energy (NYSE:SRE - Get Free Report) last announced its quarterly earnings results on Thursday, May 7th. The utilities provider reported $1.51 EPS for the quarter, meeting analysts' consensus estimates of $1.51. Sempra Energy had a net margin of 14.31% and a return on equity of 8.20%. The business had revenue of $3.66 billion during the quarter, compared to analyst estimates of $4.10 billion. During the same quarter in the previous year, the business posted $1.44 EPS. Sempra Energy's quarterly revenue was down 3.9% 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 4.870-5.370 EPS. Sell-side analysts anticipate that Sempra Energy will post 5.11 earnings per share for the current fiscal year.
Sempra Energy Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Thursday, June 25th will be given a dividend of $0.6575 per share. The ex-dividend date of this dividend is Thursday, June 25th. This represents a $2.63 annualized dividend and a dividend yield of 2.8%. Sempra Energy's payout ratio is presently 89.15%.
Wall Street Analysts Forecast Growth
A number of research firms have issued reports on SRE. Morgan Stanley set a $104.00 price target on Sempra Energy and gave the company an "overweight" rating in a research note on Tuesday, April 21st. Barclays reissued an "overweight" rating and issued a $105.00 price objective (up from $95.00) on shares of Sempra Energy in a research note on Wednesday, April 15th. Wall Street Zen cut Sempra Energy from a "hold" rating to a "sell" rating in a research report on Sunday, May 10th. Wells Fargo & Company reiterated an "overweight" rating and set a $118.00 price target on shares of Sempra Energy in a report on Tuesday, April 21st. Finally, JPMorgan Chase & Co. increased their price target on Sempra Energy from $98.00 to $106.00 and gave the company an "overweight" rating in a research report on Wednesday, March 18th. Two investment analysts have rated the stock with a Strong Buy rating, eight have issued a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $103.00.
View Our Latest Stock Report on Sempra Energy
Institutional Investors Weigh In On Sempra Energy
Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Meeder Asset Management Inc. bought a new stake in Sempra Energy during the third quarter worth $25,000. Bell Investment Advisors Inc raised its stake in shares of Sempra Energy by 79.5% during the 1st quarter. Bell Investment Advisors Inc now owns 262 shares of the utilities provider's stock worth $25,000 after purchasing an additional 116 shares during the period. Ares Financial Consulting LLC purchased a new position in shares of Sempra Energy in the 4th quarter worth about $26,000. Clal Insurance Enterprises Holdings Ltd boosted its holdings in shares of Sempra Energy by 57.7% in the 4th quarter. Clal Insurance Enterprises Holdings Ltd now owns 347 shares of the utilities provider's stock worth $31,000 after buying an additional 127 shares during the last quarter. Finally, Key Financial Inc grew its position in Sempra Energy by 73.6% during the fourth quarter. Key Financial Inc now owns 361 shares of the utilities provider's stock valued at $32,000 after buying an additional 153 shares during the period. Hedge funds and other institutional investors 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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