Sempra Energy (NYSE:SRE) has been experiencing significant financial activity, as displayed by multiple new investments, sales, and position changes. Notably,
Alta Advisers Ltd recently invested $240,000 in the company, while
Allspring Global Investments Holdings LLC sold 29,447 shares. Despite these shifts, Sempra's stock has been performing well, indicating the company's financials’ potential role in its strong market position. Amid this, Sempra is preparing to release its fourth-quarter and full-year 2024 earnings on February 25, an event that could significantly affect its stock price. The company also made key executive leadership changes and entered a non-binding agreement with
JERA Co., showing prospective organizational progress. However, Sempra has been underperforming compared to the Dow and subsequently registered a drop in its trading volume. Sempra's portfolio management is another area of interest, with
Morgan Stanley raising its price target for Sempra, and a new dividend declared recently. Nevertheless, concerns over the company’s 2025 profit forecast have cast a shadow over its performance.
Sempra SRE News Analytics from Mon, 14 Oct 2024 07:00:00 GMT to Sat, 05 Jul 2025 21:55:52 GMT -
Rating 5
- Innovation -2
- Information 7
- Rumor 2
