JPMorgan Chase & Co. Issues Pessimistic Forecast for Sempra Energy (NYSE:SRE) Stock Price

Sempra Energy (NYSE:SRE) had its price objective lowered by investment analysts at JPMorgan Chase & Co. from $113.00 to $102.00 in a research report issued on Wednesday, Benzinga reports. The brokerage currently has an “overweight” rating on the utilities provider’s stock. JPMorgan Chase & Co.‘s price target indicates a potential upside of 21.12% from the stock’s current price.

A number of other equities research analysts have also recently commented on SRE. Mizuho restated a “neutral” rating and set a $84.00 target price (down from $104.00) on shares of Sempra Energy in a research note on Monday. TD Cowen assumed coverage on shares of Sempra Energy in a research note on Wednesday, July 8th. They issued a “buy” rating for the company. Wall Street Zen upgraded shares of Sempra Energy from a “sell” rating to a “hold” rating in a research report on Saturday, July 25th. Truist Financial set a $100.00 target price on shares of Sempra Energy and gave the company a “buy” rating in a research note on Thursday, August 13th. Finally, Barclays dropped their target price on shares of Sempra Energy from $105.00 to $103.00 and set an “overweight” rating for the company in a report on Thursday, July 9th. One analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Sempra Energy presently has a consensus rating of “Moderate Buy” and an average price target of $102.31.

Sempra Energy Stock Performance

NYSE SRE traded down $0.04 during trading hours on Wednesday, hitting $84.22. 2,922,623 shares of the company’s stock traded hands, compared to its average volume of 3,791,028. The company has a current ratio of 1.64, a quick ratio of 1.62 and a debt-to-equity ratio of 0.78. Sempra Energy has a 52 week low of $78.97 and a 52 week high of $101.04. The firm has a market capitalization of $55.07 billion, a P/E ratio of 24.40, a P/E/G ratio of 1.96 and a beta of 0.56. The business’s fifty day moving average price is $89.31 and its two-hundred day moving average price is $92.03.

Sempra Energy (NYSE:SRE) last posted its quarterly earnings data on Thursday, August 6th. The utilities provider reported $1.16 EPS for the quarter, topping the consensus estimate of $1.01 by $0.15. The firm had revenue of $3 billion during 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 period in the prior year, the business posted $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. Equities research analysts predict that Sempra Energy will post 5.12 EPS for the current year.

Insider Activity at Sempra Energy

In related news, EVP Caroline Ann Winn sold 8,000 shares of the firm’s stock in a transaction on Wednesday, June 17th. The shares were sold at an average price of $90.55, for a total value of $724,400.00. Following the completion of the transaction, the executive vice president directly owned 25,164 shares of the company’s stock, valued at approximately $2,278,600.20. This trade represents a 24.12% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Corporate insiders own 0.31% of the company’s stock.

Institutional Trading of Sempra Energy

Several hedge funds have recently made changes to their positions in SRE. Bell Investment Advisors Inc grew its position in Sempra Energy by 79.5% in the 1st quarter. Bell Investment Advisors Inc now owns 262 shares of the utilities provider’s stock valued at $25,000 after acquiring an additional 116 shares during the last quarter. Frazier Financial Advisors LLC bought a new stake in shares of Sempra Energy during the second quarter worth $25,000. Edmond DE Rothschild Holding S.A. purchased a new stake in shares of Sempra Energy during the second quarter valued at $27,000. Silvant Capital Management LLC purchased a new stake in shares of Sempra Energy during the second quarter valued at $28,000. Finally, Clal Insurance Enterprises Holdings Ltd grew its holdings in shares of Sempra Energy by 57.7% in the fourth quarter. Clal Insurance Enterprises Holdings Ltd now owns 347 shares of the utilities provider’s stock worth $31,000 after purchasing an additional 127 shares during the last quarter. 89.65% of the stock is currently owned by hedge funds and other institutional investors.

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.