Sempra Energy (NYSE:SRE) Receives Average Recommendation of “Moderate Buy” from Analysts

Shares of Sempra Energy (NYSE:SRE) have been assigned an average rating of “Moderate Buy” from the fifteen research firms that are presently covering the company, Marketbeat Ratings reports. Four equities research analysts have rated the stock with a hold recommendation, ten have assigned a buy recommendation and one has given a strong buy recommendation to the company. The average twelve-month price target among brokerages that have covered the stock in the last year is $101.6923.

Several equities research analysts have recently commented on SRE shares. Morgan Stanley lowered their target price on Sempra Energy from $104.00 to $100.00 and set an “overweight” rating for the company in a research note on Friday. Mizuho reissued a “neutral” rating and set a $84.00 price target (down from $104.00) on shares of Sempra Energy in a research note on Monday, August 31st. JPMorgan Chase & Co. reduced their price objective on shares of Sempra Energy from $113.00 to $102.00 and set an “overweight” rating on the stock in a research note on Wednesday, September 2nd. 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. Finally, Barclays cut their price target 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.

Sempra Energy Stock Performance

NYSE:SRE opened at $81.27 on Tuesday. Sempra Energy has a 1 year low of $79.59 and a 1 year high of $101.04. The firm’s fifty day simple moving average is $86.67 and its 200 day simple moving average is $91.08. 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 firm has a market capitalization of $53.14 billion, a PE ratio of 23.56, a PEG ratio of 2.25 and a beta of 0.55.

Sempra Energy (NYSE:SRE) last posted its quarterly 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. Sempra Energy had a net margin of 16.70% and a return on equity of 8.49%. The company had revenue of $3 billion for the quarter, compared to analyst estimates of $3.14 billion. During the same period last year, the business posted $0.89 EPS. The business’s quarterly revenue was down .1% on a year-over-year basis. 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, sell-side analysts anticipate that Sempra Energy will post 5.12 EPS for the current year.

Sempra Energy Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, October 15th. Investors of record on Thursday, September 24th will be paid a dividend of $0.6575 per share. This represents a $2.63 annualized dividend and a yield of 3.2%. The ex-dividend date of this dividend is Thursday, September 24th. Sempra Energy’s dividend payout ratio (DPR) is presently 76.23%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Pure Financial Advisors LLC acquired a new position in shares of Sempra Energy in the second quarter valued at approximately $4,555,000. Carnegie Investment Counsel raised its holdings in shares of Sempra Energy by 15.5% during the first quarter. Carnegie Investment Counsel now owns 167,391 shares of the utilities provider’s stock worth $16,265,000 after acquiring an additional 22,408 shares during the period. Magellan Asset Management Ltd raised its holdings in shares of Sempra Energy by 4.2% during the first quarter. Magellan Asset Management Ltd now owns 2,258,369 shares of the utilities provider’s stock worth $219,446,000 after acquiring an additional 91,519 shares during the period. Dockside LLC bought a new stake in Sempra Energy in the 4th quarter valued at $3,938,000. Finally, Bank of America Corp DE lifted its position in Sempra Energy by 16.1% in the 1st quarter. Bank of America Corp DE now owns 10,385,174 shares of the utilities provider’s stock valued at $1,009,127,000 after acquiring an additional 1,441,981 shares in the last quarter. 89.65% of the stock is owned by institutional investors and hedge funds.

Sempra Energy Company Profile

Sempra, formerly known as Sempra Energy, is an energy infrastructure company headquartered in San Diego, California. The company develops, owns and operates energy networks and infrastructure that support the delivery of natural gas and electricity, with operations focused primarily on North America.

Through its California utilities, Southern California Gas Company and San Diego Gas & Electric, Sempra provides natural gas distribution and electric services to residential, commercial and industrial customers.