Morgan Stanley Issues Pessimistic Forecast for Sempra Energy (NYSE:SRE) Stock Price

Sempra Energy (NYSE:SRE) had its target price decreased by investment analysts at Morgan Stanley from $108.00 to $104.00 in a research report issued on Friday,Benzinga reports. The brokerage currently has an “overweight” rating on the utilities provider’s stock. Morgan Stanley’s target price suggests a potential upside of 23.59% from the stock’s current price.

A number of other equities research analysts have also recently issued reports on SRE. Truist Financial set a $100.00 target price on shares of Sempra Energy and gave the company a “buy” rating in a research report on Thursday, August 13th. Jefferies Financial Group set a $101.00 price objective on shares of Sempra Energy in a report on Thursday, July 16th. TD Cowen began coverage on shares of Sempra Energy in a report on Wednesday, July 8th. They set a “buy” rating on the stock. Barclays dropped their price target on shares of Sempra Energy from $105.00 to $103.00 and set an “overweight” rating for the company in a research report on Thursday, July 9th. Finally, Weiss Ratings reissued a “hold (c+)” rating on shares of Sempra Energy in a research report on Friday, July 17th. One research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $103.62.

Sempra Energy Stock Down 3.7%

SRE stock traded down $3.23 during mid-day trading on Friday, reaching $84.15. The company had a trading volume of 1,427,114 shares, compared to its average volume of 3,736,856. The company has a market capitalization of $55.03 billion, a price-to-earnings ratio of 24.39, a PEG ratio of 2.06 and a beta of 0.57. Sempra Energy has a 52 week low of $78.97 and a 52 week high of $101.04. The stock has a 50 day simple moving average of $90.50 and a two-hundred day simple moving average of $92.25. The company has a debt-to-equity ratio of 0.78, a current ratio of 1.64 and a quick ratio of 1.62.

Sempra Energy (NYSE:SRE) last issued its earnings results on Thursday, August 6th. The utilities provider reported $1.16 earnings per share for the quarter, topping analysts’ consensus estimates of $1.01 by $0.15. The business had revenue of $3 billion for the quarter, compared to the consensus estimate of $3.14 billion. Sempra Energy had a net margin of 16.70% and a return on equity of 8.49%. The firm’s revenue for the quarter was down .1% on a year-over-year basis. During the same period in the previous year, the company earned $0.89 earnings per share. 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. As a group, equities analysts predict that Sempra Energy will post 5.12 earnings per share for the current fiscal year.

Insider Buying and Selling at Sempra Energy

In other news, EVP Caroline Ann Winn sold 8,000 shares of the stock in a transaction dated 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 owned 25,164 shares of the company’s stock, valued at approximately $2,278,600.20. This represents a 24.12% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.31% of the stock is currently owned by corporate insiders.

Institutional Trading of Sempra Energy

Hedge funds and other institutional investors have recently made changes to their positions in the company. Bell Investment Advisors Inc raised its stake in shares of Sempra Energy by 79.5% during the first 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 position in Sempra Energy during the 2nd quarter worth $25,000. Ares Financial Consulting LLC acquired a new position in Sempra Energy during the 4th quarter worth about $26,000. Edmond DE Rothschild Holding S.A. bought a new stake in shares of Sempra Energy in the 2nd quarter valued at about $27,000. Finally, Silvant Capital Management LLC acquired a new stake in shares of Sempra Energy in the second quarter valued at about $28,000. 89.65% of the stock is currently owned by institutional investors.

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.