Pablo Ferrero Sells 2,600 Shares of Sempra Energy (NYSE:SRE) Stock

Sempra Energy (NYSE:SRE) Director Pablo Ferrero sold 2,600 shares of the firm’s stock in a transaction that occurred on Monday, May 18th. The stock was sold at an average price of $89.53, for a total value of $232,778.00. Following the transaction, the director owned 15,423 shares of the company’s stock, valued at $1,380,821.19. This trade represents a 14.43% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

Sempra Energy Price Performance

Sempra Energy stock opened at $91.46 on Thursday. The company has a debt-to-equity ratio of 0.78, a current ratio of 1.69 and a quick ratio of 1.66. The company has a market capitalization of $59.79 billion, a PE ratio of 31.00, a price-to-earnings-growth ratio of 3.45 and a beta of 0.60. Sempra Energy has a one year low of $73.06 and a one year high of $101.04. The business has a 50 day simple moving average of $94.56 and a 200 day simple moving average of $91.96.

Sempra Energy (NYSE:SRE) last posted its earnings results on Thursday, May 7th. The utilities provider reported $1.51 EPS for the quarter, hitting the consensus estimate 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 return on equity of 8.20% and a net margin of 14.31%.Sempra Energy’s revenue was down 3.9% on a year-over-year basis. During the same quarter last year, the company earned $1.44 EPS. 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. On average, sell-side analysts forecast that Sempra Energy will post 5.11 EPS for the current fiscal year.

Sempra Energy Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, July 15th. Investors of record on Thursday, June 25th will be given a dividend of $0.6575 per share. This represents a $2.63 annualized dividend and a dividend yield of 2.9%. The ex-dividend date is Thursday, June 25th. Sempra Energy’s dividend payout ratio (DPR) is 89.15%.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on the company. BMO Capital Markets cut their target price on Sempra Energy from $105.00 to $103.00 and set an “outperform” rating for the company in a research report on Monday, May 11th. JPMorgan Chase & Co. raised their target price on Sempra Energy from $98.00 to $106.00 and gave the stock an “overweight” rating in a research report on Wednesday, March 18th. Argus upgraded Sempra Energy from a “hold” rating to a “buy” rating in a research report on Wednesday, March 4th. Morgan Stanley set a $104.00 price objective on Sempra Energy and gave the stock an “overweight” rating in a research note on Tuesday, April 21st. Finally, 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. One research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $102.67.

Hedge Funds Weigh In On Sempra Energy

Institutional investors and hedge funds have recently bought and sold shares of the business. Bell Investment Advisors Inc boosted its stake in Sempra Energy by 79.5% in the first quarter. Bell Investment Advisors Inc now owns 262 shares of the utilities provider’s stock worth $25,000 after purchasing an additional 116 shares in the last quarter. Ares Financial Consulting LLC acquired a new position in Sempra Energy in the fourth quarter worth $26,000. Clal Insurance Enterprises Holdings Ltd boosted its stake in 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 in the last quarter. Key Financial Inc boosted its stake in Sempra Energy by 73.6% in the fourth quarter. Key Financial Inc now owns 361 shares of the utilities provider’s stock worth $32,000 after purchasing an additional 153 shares in the last quarter. Finally, Annis Gardner Whiting Capital Advisors LLC boosted its stake in Sempra Energy by 83.0% in the fourth quarter. Annis Gardner Whiting Capital Advisors LLC now owns 355 shares of the utilities provider’s stock worth $32,000 after purchasing an additional 161 shares in the last quarter. Institutional investors and hedge funds 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.