Sempra Energy (NYSE:SRE) Insider Diana Day Sells 3,300 Shares of Stock
by Jessica Moore · The Cerbat GemSempra Energy (NYSE:SRE – Get Free Report) insider Diana Day sold 3,300 shares of the business’s stock in a transaction dated Thursday, May 14th. The shares were sold at an average price of $92.13, for a total value of $304,029.00. Following the transaction, the insider owned 22,870 shares in the company, valued at $2,107,013.10. This represents a 12.61% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Sempra Energy Stock Performance
Sempra Energy stock traded up $1.02 during trading hours on Thursday, hitting $92.70. The stock had a trading volume of 3,424,379 shares, compared to its average volume of 3,756,301. Sempra Energy has a fifty-two week low of $73.06 and a fifty-two week high of $101.04. The company has a market cap of $60.60 billion, a PE ratio of 31.42, a price-to-earnings-growth ratio of 3.53 and a beta of 0.60. The company has a 50-day moving average of $94.86 and a two-hundred day moving average of $92.01. The company has a quick ratio of 1.66, a current ratio of 1.69 and a debt-to-equity ratio of 0.78.
Sempra Energy (NYSE:SRE – Get Free Report) last issued its earnings results on Thursday, May 7th. The utilities provider reported $1.51 EPS for the quarter, meeting analysts’ consensus estimates of $1.51. The business had revenue of $3.66 billion during the quarter, compared to analyst estimates 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 period in the prior year, the company 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. On average, equities research analysts anticipate that Sempra Energy will post 5.11 EPS for the current fiscal year.
Sempra Energy Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Thursday, June 25th will be issued a dividend of $0.6575 per share. This represents a $2.63 dividend on an annualized basis and a dividend yield of 2.8%. The ex-dividend date of this dividend is Thursday, June 25th. Sempra Energy’s dividend payout ratio (DPR) is presently 89.15%.
Hedge Funds Weigh In On Sempra Energy
A number of institutional investors and hedge funds have recently added to or reduced their stakes in SRE. Modern Wealth Management LLC acquired a new stake in shares of Sempra Energy during the first quarter worth approximately $260,000. Arrowstreet Capital Limited Partnership acquired a new position in shares of Sempra Energy in the 1st quarter worth approximately $57,043,000. Caxton Associates LLP acquired a new position in shares of Sempra Energy in the 1st quarter worth approximately $351,000. Bank of Nova Scotia grew its position in Sempra Energy by 166.1% during the 1st quarter. Bank of Nova Scotia now owns 772,584 shares of the utilities provider’s stock worth $75,072,000 after acquiring an additional 482,198 shares during the last quarter. Finally, Sei Investments Co. increased its holdings in Sempra Energy by 5.3% during the 1st quarter. Sei Investments Co. now owns 484,646 shares of the utilities provider’s stock valued at $47,092,000 after purchasing an additional 24,533 shares in the last quarter. 89.65% of the stock is currently owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
SRE has been the subject of several recent research reports. UBS Group reissued a “neutral” rating and issued a $100.00 price target (up from $96.00) on shares of Sempra Energy in a research report on Friday, March 6th. BMO Capital Markets lowered their price objective on Sempra Energy from $105.00 to $103.00 and set an “outperform” rating on the stock in a research note on Monday. JPMorgan Chase & Co. increased their target price on Sempra Energy from $98.00 to $106.00 and gave the stock an “overweight” rating in a report on Wednesday, March 18th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Sempra Energy in a research note on Monday, April 20th. Finally, Barclays reiterated an “overweight” rating and issued a $105.00 price target (up from $95.00) on shares of Sempra Energy in a research report on Wednesday, April 15th. Two research analysts have rated the stock with a Strong Buy rating, eight have issued a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $103.00.
Check Out Our Latest Report on Sempra Energy
About Sempra Energy
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.
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