Sempra (SRE)

• Market cap: $54.8B
• 1 day: 1.56%
• 5 days: 11.34%
• 1 month: -0.61%
• 3 months: 1.86%
• 6 months: 10.92%
• Year to date: -0.71%
• 1 year: 20.66%
• 5 years: 9.53%
• 10 years: 51.11%
• 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)

125% more first-time investments, than exits

New positions opened: 144 | Existing positions closed: 64

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: 427 | Existing positions reduced: 325

6% more funds holding

Funds holding: 1,020 [Q2] → 1,083 (+63) [Q3]

4% more capital invested

Capital invested by funds: $45.5B [Q2] → $47.1B (+$1.62B) [Q3]

5.53% less ownership

Funds ownership: 94.57% [Q2] → 89.04% (-5.53%) [Q3]

23% less funds holding in top 10

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

Research analyst outlook

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

• Low target: $88 2% upside
• Avg. target: $96 11% upside
• High target: $99 14% upside

5 analyst ratings

• positive: 5 100%
• neutral: 0 0%
• negative: 0 0%

Morgan Stanley David Arcaro 71% 1-year accuracy 27 / 38 met price target	13% upside $98	Overweight Upgraded	13 Dec 2024
Barclays Eric Beaumont 36% 1-year accuracy 5 / 14 met price target	14% upside $99	Overweight Maintained	2 Dec 2024
Wells Fargo Sarah Akers 62% 1-year accuracy 8 / 13 met price target	11% upside $96	Overweight Maintained	7 Nov 2024
Evercore ISI Group Durgesh Chopra 54% 1-year accuracy 13 / 24 met price target	2% upside $88	Outperform Maintained	7 Nov 2024
Jefferies Julien Dumoulin-Smith 52% 1-year accuracy 37 / 71 met price target	13% upside $98	Buy Initiated	24 Oct 2024