Sempra (SRE) has demonstrated solid growth over the past three years with shareholders receiving a 19% CAGR. High-profile investors and financial experts like Jim Cramer have recommended buying SRE shares during market dips. Across major asset management and investment companies, there's been a notable shift in share ownership. While
Eventide Asset Management, Zurcher Kantonalbank, and Qsemble Capital Management increased their stake, institutions like
Public Sector Pension Investment Board and The Manufacturers Life Insurance Company trimmed their holdings. These developments coincide with
Sempra's Q3 earnings missing estimates, suggesting a challenging growth and regulatory landscape. Despite this, UBS included Sempra in its list of stocks for the AI, growth and low rates era, indicating a positive long-term outlook. Other noteworthy strategic moves involve partnerships, like the one with
Aramco concerning equity and offtake from Port Arthur LNG Phase 2. Meanwhile,
Sempra continues to garner recognition for its commitment to sustainability and business practices, featuring in TIME's World's Best Companies list. Nonetheless, the company's stock has encountered fluctuations, underperforming on certain days compared to competitors.
Sempra SRE News Analytics from Tue, 27 Feb 2024 08:00:00 GMT to Sat, 30 Nov 2024 12:58:51 GMT -
Rating 6
- Innovation 3
- Information 8
- Rumor -3
