SRE

Why Are SRE Shares Falling Today?

Sempra shares fell -1.4% this afternoon to a price of $84.78. The stock is still trading within range of its average target price of $88.81, and over the last 52 weeks, it has recorded a 26.2% performance. Analysts have given the Large-Cap Oil & Gas Transportation and Processing stock target prices ranging from $84.0 to $96.0 dollars per share, with an average rating of buy.

Sempra's short interest — meaning the percentage of the share float that is being shorted — is lower than average at 2.0%. The stock's short ratio is 4.55. At 0.02%, the company's rate of insider ownership does not indicate that management is heavily invested in the corporation.

Another number to watch is the company's rate of institutional share ownership, which now stands at 96.6%. In conclusion, we believe there is mixed market sentiment regarding Sempra.

Institutions Invested in Sempra

Date Reported Holder Percentage Shares Value
2024-06-30 Blackrock Inc. 10% 64,361,704 $5,456,585,186
2024-06-30 Vanguard Group Inc 10% 61,794,942 $5,238,975,107
2024-06-30 Capital International Investors 9% 54,094,056 $4,586,094,001
2024-06-30 Wellington Management Group, LLP 5% 34,196,046 $2,899,140,738
2024-06-30 State Street Corporation 5% 31,401,594 $2,662,227,100
2024-06-30 Morgan Stanley 4% 23,305,495 $1,975,839,837
2024-06-30 FMR, LLC 3% 17,395,952 $1,474,828,789
2024-06-30 Newport Trust Company, LLC 2% 13,788,073 $1,168,952,812
2024-06-30 ClearBridge Investments, LLC 2% 13,452,912 $1,140,537,862
2024-06-30 Norges Bank Investment Management 2% 12,865,013 $1,090,695,786
The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.

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