SRE stock icon

Sempra
SRE

$75.44
1.32%
 

About: Sempra Energy serves one of the largest utility customer bases in the United States. It distributes natural gas and electricity in Southern California and owns 80% of Oncor, a transmission and distribution business in Texas. SoCalGas and San Diego Gas & Electric distribute gas to more than 20 million customers, while Oncor serves more than 10 million Texas customers. Sempra Infrastructure partners, of which Sempra holds a controlling ownership, owns and operates liquefied natural gas facilities in North America and infrastructure in Mexico.

Employees: 16,835

0
Funds holding %
of 6,702 funds
0
Analysts bullish %
of 11 analysts
0
News positive %
of 12 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

128.87% more ownership

Funds ownership: 90.13% [Q4 2023] → 219.0% (+128.87%) [Q1 2024]

83% more call options, than puts

Call options by funds: $80.7M | Put options by funds: $44M

4% more repeat investments, than reductions

Existing positions increased: 369 | Existing positions reduced: 356

1% less funds holding

Funds holding: 1,011 [Q4 2023] → 1,002 (-9) [Q1 2024]

8% less first-time investments, than exits

New positions opened: 105 | Existing positions closed: 114

7% less capital invested

Capital invested by funds: $42.4B [Q4 2023] → $39.3B (-$3.06B) [Q1 2024]

25% less funds holding in top 10

Funds holding in top 10: 12 [Q4 2023] → 9 (-3) [Q1 2024]

Research analyst outlook

11 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target
$75
1%
downside
Avg. target
$80
6%
upside
High target
$86
14%
upside

11 analyst ratings

positive
82%
neutral
18%
negative
0%
Morgan Stanley
David Arcaro
1%upside
$76
Equal-Weight
Maintained
24 Jun 2024
Ladenburg Thalmann
Paul Fremont
5%upside
$79
Buy
Maintained
29 May 2024
Mizuho
Anthony Crowdell
14%upside
$86
Buy
Maintained
17 May 2024
Wells Fargo
Sarah Akers
11%upside
$84
Overweight
Maintained
8 May 2024
Morgan Stanley
David Arcaro
1%downside
$75
Equal-Weight
Maintained
21 Mar 2024

Financial journalist opinion

Based on 12 articles about SRE published over the past 30 days