Weiss Asset Management LP holds $1.59 million worth of Sempra (NYSE:SRE) shares. However, LADENBURG THALM/SH SH lowered Sempra's price target to $79.00. Sempra has reported its first-quarter 2024 results, and interestingly, Sempra stock outperformed competitors despite overall losses. Further, Sempra Energy (SRE) exceeded Q2 earnings forecasts and has subsequently raised its '17 view. Advisory Services Network LLC sold 11343 shares of Sempra, while insider holdings in the company increased by 55% during the year. US Bancorp DE has an $11.28 million position in the company. Sempra was named one of America's most 'JUST' companies and featured on Fortune magazine's most admired companies list. Despite these recognitions, Sempra missed Q1 earnings and revenue estimates. Nonetheless, its dividend stock remains attractive. The company's Q1 2024 earnings call transcript, along with key financial and operational highlights indicate a strong start despite concerns. Despite missing revenue by 35%, overall market trends suggest a positive future trajectory for Sempra.
Sempra SRE News Analytics from Thu, 03 Aug 2023 07:00:00 GMT to Fri, 31 May 2024 01:09:39 GMT -
Rating 8
- Innovation 4
- Information 7
- Rumor -1
