Various key institutional investors have started positions or added to their holdings of
Sempra Energy (SRE) as per recent reports. The Advisor Resource Council, SG Americas Securities LLC, Dynamic Advisor Solutions LLC, and Hennessy Advisors Inc. increased their holdings. On the other hand, Assenagon Asset Management S.A. and Compagnie Lombard Odier SCmA reduced their shares. Sempra also witnessed stock price adjustments, with Morgan Stanley raising its target from $87 to $88, while Jefferies keeping its target despite lower guidance. In significant partnership news, Sempra signed a non-binding agreement with
JERA Co. and heads of agreement for U.S. LNG supply.
CEOs Martin gave financial updates and strategic updates during Q1 and Q4 2024 earnings calls, reporting strong EPS growth and strategic growth plans. Elementary utility stocks are optimistic about Sempra but notice a Q4 earnings and revenue miss. Also, the company declared dividends for common shares and preferred shares, while also handling lowered profit forecasts and high costs. Sempra is also planning to sell
Mexico energy assets and a stake in the infrastructure unit, indicating strategy tic shakeup.
Sempra SRE News Analytics from Wed, 04 Sep 2024 07:00:00 GMT to Sat, 21 Jun 2025 15:04:39 GMT -
Rating 0
- Innovation -3
- Information 8
- Rumor 5
