Sempra (SRE)

• Market cap: $55B
• 1 day: 1.06%
• 5 days: -2.58%
• 1 month: -6.78%
• 3 months: 4.36%
• 6 months: 15.01%
• Year to date: 14.49%
• 1 year: 18.69%
• 5 years: 14.69%
• 10 years: 56.98%
• Sector: Utilities
• Industry: Gas & Other Services Combined

About: Sempra Energy serves one of the largest utility customer bases in the United States. It distributes natural gas and electricity in Southern California and owns 80% of Oncor, a transmission and distribution business in Texas. SoCalGas and San Diego Gas & Electric distribute gas to more than 20 million customers, while Oncor serves more than 10 million Texas customers. Sempra Infrastructure partners, of which Sempra holds a controlling ownership, owns and operates liquefied natural gas facilities in North America and infrastructure in Mexico.

Employees: 16,835

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

77% more first-time investments, than exits

New positions opened: 143 | Existing positions closed: 81

62% more call options, than puts

Call options by funds: $61M | Put options by funds: $37.7M

31% more repeat investments, than reductions

Existing positions increased: 426 | Existing positions reduced: 325

6% more funds holding

Funds holding: 1,019 [Q2] → 1,081 (+62) [Q3]

3% more capital invested

Capital invested by funds: $45.3B [Q2] → $46.8B (+$1.58B) [Q3]

5.58% less ownership

Funds ownership: 94.07% [Q2] → 88.49% (-5.58%) [Q3]

23% less funds holding in top 10

Funds holding in top 10: 13 [Q2] → 10 (-3) [Q3]

Research analyst outlook

6 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $88 1% upside
• Avg. target: $96 10% upside
• High target: $99 14% upside

6 analyst ratings

• positive: 6 100%
• neutral: 0 0%
• negative: 0 0%

Morgan Stanley David Arcaro 61% 1-year accuracy 23 / 38 met price target	13% upside $98	Overweight Upgraded	13 Dec 2024
Barclays Eric Beaumont 61% 1-year accuracy 14 / 23 met price target	14% upside $99	Overweight Maintained	2 Dec 2024
Wells Fargo Sarah Akers 57% 1-year accuracy 8 / 14 met price target	11% upside $96	Overweight Maintained	7 Nov 2024
Evercore ISI Group Durgesh Chopra 68% 1-year accuracy 13 / 19 met price target	1% upside $88	Outperform Maintained	7 Nov 2024
Jefferies Julien Dumoulin-Smith 54% 1-year accuracy 72 / 134 met price target	13% upside $98	Buy Initiated	24 Oct 2024