Hennessy Advisors Inc. has increased its position in
Sempra (NYSE:SRE), while Sempra further secures significant infrastructure agreement with
JERA for U.S. LNG supply. Despite a reduced guidance,
Jefferies has raised Sempra's price target. Byrne Asset Management LLC bought nearly 4,000 shares and
Yousif Capital Management LLC reduced its stake. Sempra shares were also brought by
Merrit Financial Group LLC and sold by Greystone Financial and Union Bancaire Privee.
Sempra Stock underperformed the Dow and the Nasdaq, especially after Tuesday's downturn. The company's Q4 2024 and Q1 2025 earnings were marked by revised guidance, despite solid EPS growth and strategic growth plans. Amid high costs, Sempra reported disappointing Q1 2025 results which led the stock to be among the biggest S&P 500 decliners.
Jefferies recommends buying Sempra on the dip while
Jim Cramer criticized Sempra's performance.
Sempra's Port Arthur Phase 2 got a green light for LNG export despite a price drop due to global trade tensions.
Sempra SRE News Analytics from Wed, 04 Sep 2024 07:00:00 GMT to Sat, 14 Jun 2025 11:53:39 GMT -
Rating -4
- Innovation 2
- Information 6
- Rumor -3
