BMO Capital Markets Has Lowered Expectations for Sempra Energy (NYSE:SRE) Stock Price

Sempra Energy (NYSE:SRE) had its price objective dropped by investment analysts at BMO Capital Markets from $105.00 to $103.00 in a report released on Monday,Benzinga reports. The brokerage currently has an “outperform” rating on the utilities provider’s stock. BMO Capital Markets’ price objective points to a potential upside of 10.40% from the company’s current price.

SRE has been the subject of a number of other research reports. UBS Group reiterated a “neutral” rating and issued a $100.00 price objective (up from $96.00) on shares of Sempra Energy in a research report on Friday, March 6th. Wall Street Zen downgraded shares of Sempra Energy from a “hold” rating to a “sell” rating in a research report on Sunday. Truist Financial set a $108.00 price objective on shares of Sempra Energy and gave the stock a “buy” rating in a research report on Monday, April 20th. Morgan Stanley set a $104.00 price objective on shares of Sempra Energy and gave the stock an “overweight” rating in a research report on Tuesday, April 21st. Finally, Barclays reiterated an “overweight” rating and issued a $105.00 price objective (up from $95.00) on shares of Sempra Energy in a research report on Wednesday, April 15th. Two analysts have rated the stock with a Strong Buy rating, eight have assigned a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Sempra Energy has an average rating of “Moderate Buy” and an average price target of $103.00.

Sempra Energy Price Performance

Shares of Sempra Energy stock traded up $1.77 during trading hours on Monday, reaching $93.30. The stock had a trading volume of 1,155,390 shares, compared to its average volume of 3,712,027. The stock’s 50 day moving average is $95.10 and its 200 day moving average is $92.01. The firm has a market capitalization of $60.99 billion, a PE ratio of 31.62, a PEG ratio of 3.46 and a beta of 0.60. Sempra Energy has a twelve month low of $73.06 and a twelve month high of $101.04. The company has a current ratio of 1.69, a quick ratio of 1.66 and a debt-to-equity ratio of 0.78.

Sempra Energy (NYSE:SRE) last issued its quarterly earnings data on Thursday, May 7th. The utilities provider reported $1.51 earnings per share for the quarter, hitting analysts’ consensus estimates of $1.51. The business had revenue of $3.66 billion during the quarter, compared to the consensus estimate of $4.10 billion. Sempra Energy had a net margin of 14.31% and a return on equity of 8.20%. The company’s revenue was down 3.9% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.44 earnings per share. 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. Equities analysts expect that Sempra Energy will post 5.11 earnings per share for the current fiscal year.

Insider Buying and Selling at Sempra Energy

In related news, Director Jennifer M. Kirk bought 1,000 shares of the business’s stock in a transaction dated Thursday, March 12th. The stock was acquired at an average price of $93.44 per share, with a total value of $93,440.00. Following the completion of the purchase, the director directly owned 1,000 shares of the company’s stock, valued at approximately $93,440. This trade represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Richard J. Mark bought 2,692 shares of the business’s stock in a transaction dated Wednesday, March 11th. The shares were bought at an average cost of $93.30 per share, with a total value of $251,163.60. Following the purchase, the director directly owned 17,376 shares of the company’s stock, valued at approximately $1,621,180.80. This represents a 18.33% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Over the last ninety days, insiders have bought 6,192 shares of company stock valued at $576,979 and have sold 7,539 shares valued at $706,906. Company insiders own 0.31% of the company’s stock.

Institutional Trading of Sempra Energy

A number of institutional investors and hedge funds have recently modified their holdings of the stock. PNC Financial Services Group Inc. increased its stake in shares of Sempra Energy by 2.3% during the first quarter. PNC Financial Services Group Inc. now owns 122,569 shares of the utilities provider’s stock worth $11,910,000 after purchasing an additional 2,793 shares in the last quarter. Oslo Pensjonsforsikring AS purchased a new stake in Sempra Energy during the 1st quarter valued at about $265,000. Cassaday & Co Wealth Management LLC purchased a new stake in Sempra Energy during the 1st quarter valued at about $89,000. Meeder Advisory Services Inc. grew its stake in Sempra Energy by 7.2% during the 1st quarter. Meeder Advisory Services Inc. now owns 16,294 shares of the utilities provider’s stock valued at $1,583,000 after acquiring an additional 1,092 shares in the last quarter. Finally, Dimensional Fund Advisors LP grew its stake in Sempra Energy by 2.5% during the 1st quarter. Dimensional Fund Advisors LP now owns 2,096,382 shares of the utilities provider’s stock valued at $203,701,000 after acquiring an additional 52,107 shares in the last quarter. Hedge funds and other institutional investors own 89.65% of the company’s stock.

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.