O Shaughnessy Asset Management and several other entities have increased their holdings in Sempra (NYSE:SRE). Sempra is in talks to sell its Mexican energy assets, alongside a minority stake in its infrastructure unit. This move is part of a major portfolio shakeup aimed at funding its AI revolution. The company is facing potential securities fraud allegations, with an investigation currently in progress. Despite a dip in stock value, there are predictions of a spike in Sempra's stock value. The company announced the continuation of its Capital Recycling Program and declared a common dividend. Important share acquisitions were conducted by both the AIA Group Ltd and Massachusetts Financial Services Co. MA. Post-2025, Sempra is projected to grow above average. Jim Cramer of Mad Money expressed that Sempra's situation isn't as dire as it seems in the market. He commented that Sempra performed poorly and deserved to trade lower, though he also called it a 'sleeper stock with growth and yield'. There's also news that Sempra's EVP sold shares worth $343,114.91. Following the revision of its earnings guidance, Sempra stock dipped 14%. Time Magazine and Newsweek have recognized Sempra among the world's best and most responsible companies, respectively.
Sempra SRE News Analytics from Tue, 14 May 2024 07:00:00 GMT to Sat, 05 Apr 2025 22:52:03 GMT -
Rating 3
- Innovation -5
- Information 7
- Rumor -1
