Sempra Energy’s (SRE) “Neutral” Rating Reiterated at Mizuho

Mizuho restated their neutral rating on shares of Sempra Energy (NYSE:SREFree Report) in a research report released on Monday, Marketbeat reports. They currently have a $84.00 price target on the utilities provider’s stock, down from their previous price target of $104.00.

A number of other equities analysts have also commented on the company. 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 note on Thursday, July 9th. BMO Capital Markets set a $102.00 target price on shares of Sempra Energy and gave the company an “outperform” rating in a research report on Wednesday, July 22nd. Weiss Ratings restated a “hold (c+)” rating on shares of Sempra Energy in a report on Friday, July 17th. TD Cowen began coverage on shares of Sempra Energy in a research report on Wednesday, July 8th. They issued a “buy” rating on the stock. Finally, Wall Street Zen raised shares of Sempra Energy from a “sell” rating to a “hold” rating in a research note on Saturday, July 25th. One investment analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $102.31.

View Our Latest Analysis on Sempra Energy

Sempra Energy Stock Down 0.6%

Shares of NYSE:SRE opened at $83.77 on Monday. The firm has a market cap of $54.78 billion, a P/E ratio of 24.28, a P/E/G ratio of 2.33 and a beta of 0.55. The company has a quick ratio of 1.62, a current ratio of 1.64 and a debt-to-equity ratio of 0.78. Sempra Energy has a 12-month low of $78.97 and a 12-month high of $101.04. The business has a fifty day simple moving average of $89.13 and a 200 day simple moving average of $91.97.

Sempra Energy (NYSE:SREGet Free Report) last announced its earnings results on Thursday, August 6th. The utilities provider reported $1.16 EPS for the quarter, topping the consensus estimate of $1.01 by $0.15. Sempra Energy had a return on equity of 8.49% and a net margin of 16.70%.The firm had revenue of $3 billion for the quarter, compared to the consensus estimate of $3.14 billion. During the same period in the previous year, the business earned $0.89 EPS. The business’s quarterly revenue was down .1% compared to the same quarter last year. 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. Analysts predict that Sempra Energy will post 5.12 earnings per share for the current year.

Insider Transactions at Sempra Energy

In other Sempra Energy news, EVP Caroline Ann Winn sold 8,000 shares of the business’s stock in a transaction that occurred on Wednesday, June 17th. The stock was sold at an average price of $90.55, for a total value of $724,400.00. Following the transaction, the executive vice president directly owned 25,164 shares of the company’s stock, valued at approximately $2,278,600.20. The trade was a 24.12% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 0.31% of the company’s stock.

Institutional Trading of Sempra Energy

Several hedge funds have recently modified their holdings of the stock. Bell Investment Advisors Inc boosted its stake in Sempra Energy by 79.5% during the first quarter. Bell Investment Advisors Inc now owns 262 shares of the utilities provider’s stock worth $25,000 after acquiring an additional 116 shares in the last quarter. Frazier Financial Advisors LLC bought a new stake in Sempra Energy in the second quarter valued at $25,000. Edmond DE Rothschild Holding S.A. bought a new stake in Sempra Energy in the second quarter valued at $27,000. Silvant Capital Management LLC acquired a new position in shares of Sempra Energy during the second quarter valued at about $28,000. Finally, Clal Insurance Enterprises Holdings Ltd raised its holdings in shares of Sempra Energy by 57.7% during the fourth quarter. Clal Insurance Enterprises Holdings Ltd now owns 347 shares of the utilities provider’s stock valued at $31,000 after purchasing an additional 127 shares during the period. Institutional investors own 89.65% of the company’s stock.

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.

Read More

Analyst Recommendations for Sempra Energy (NYSE:SRE)

Receive News & Ratings for Sempra Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sempra Energy and related companies with MarketBeat.com's FREE daily email newsletter.