Sempra Energy (NYSE:SRE) Receives Consensus Recommendation of "Moderate Buy" from Analysts

Key Points

• Analysts maintain a “Moderate Buy” consensus on Sempra Energy, with 10 buy ratings, four holds and one strong buy. The average 12-month price target is $103.92, above the reported $87.44 share price.
• Sempra’s latest quarterly earnings beat expectations, with EPS of $1.16 versus the $1.01 consensus estimate, although revenue of $3.0 billion fell short of forecasts and was essentially flat year over year.
• Institutional investors own a substantial 89.65% of Sempra’s outstanding shares; major holders including Vanguard, BlackRock, State Street and Morgan Stanley recently increased or initiated positions.

Shares of Sempra Energy (NYSE:SRE - Get Free Report) have received an average rating of "Moderate Buy" from the fifteen research firms that are currently covering the firm, MarketBeat Ratings reports. Four analysts have rated the stock with a hold rating, ten have given a buy rating and one has assigned a strong buy rating to the company. The average 12-month target price among analysts that have updated their coverage on the stock in the last year is $103.9231.

SRE has been the topic of several research reports. Morgan Stanley reissued an "overweight" rating and set a $108.00 price target on shares of Sempra Energy in a research report on Wednesday, July 22nd. Weiss Ratings reaffirmed a "hold (c+)" rating on shares of Sempra Energy in a research note on Friday, July 17th. Jefferies Financial Group set a $101.00 target price on shares of Sempra Energy in a report on Thursday, July 16th. Wall Street Zen raised shares of Sempra Energy from a "sell" rating to a "hold" rating in a research report on Saturday, July 25th. Finally, Barclays cut their price objective on Sempra Energy from $105.00 to $103.00 and set an "overweight" rating on the stock in a research report on Thursday, July 9th.

Sempra Energy Trading Up 2.2%

Shares of NYSE SRE opened at $87.44 on Friday. The company has a current ratio of 1.64, a quick ratio of 1.62 and a debt-to-equity ratio of 0.78. The stock has a market capitalization of $57.18 billion, a PE ratio of 25.35, a PEG ratio of 2.06 and a beta of 0.57. Sempra Energy has a twelve month low of $78.97 and a twelve month high of $101.04. The stock has a fifty day simple moving average of $90.50 and a 200-day simple moving average of $92.25.

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

Insider Buying and Selling

In other Sempra Energy news, EVP Caroline Ann Winn sold 8,000 shares of the company's stock in a transaction dated Wednesday, June 17th. The stock was sold at an average price of $90.55, for a total transaction of $724,400.00. Following the sale, the executive vice president owned 25,164 shares in the company, valued at $2,278,600.20. This represents a 24.12% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 0.31% of the stock is owned by insiders.

Hedge Funds Weigh In On Sempra Energy

Institutional investors and hedge funds have recently made changes to their positions in the stock. Vanguard Group Inc. lifted its stake 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 acquiring an additional 1,008,476 shares during the last quarter. BlackRock Inc. purchased a new stake in shares of Sempra Energy in the 2nd quarter valued at approximately $5,588,577,000. State Street Corp increased its position in shares of Sempra Energy by 5.2% in the 4th quarter. State Street Corp now owns 36,810,449 shares of the utilities provider's stock valued at $3,273,460,000 after purchasing an additional 1,824,280 shares during the last quarter. Morgan Stanley raised its holdings 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 valued at $1,971,524,000 after purchasing an additional 3,250,783 shares in the last quarter. Finally, Geode Capital Management LLC lifted its position in shares of Sempra Energy by 0.8% during 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 purchasing an additional 116,554 shares during the last quarter. 89.65% of the stock is owned by institutional investors and hedge funds.

About Sempra Energy

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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