Sempra Stock (NYSE:SRE), Trade Ideas

Sempra

Sempra Energy

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.

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News

Dividends

Price Target

Wall Street&#39;s Most Accurate Analysts&#39; Views On 3 Utilities Stocks Delivering High-Dividend Yields

Long Ideas

Pre-Market Outlook

Markets

Analyst Ratings

Trading Ideas

WTRG

During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a  high dividend payout. 

Wall Street&#39;s Most Accurate Analysts Say Buy These 3 Utilities Stocks With Over 3% Dividend Yields

Short Ideas

Small Cap

Insider Trades

SOUN

The Nasdaq 100 closed lower by around 0.5% on Wednesday. Investors, meanwhile, focused on some notable insider trades.

SoundHound AI, Owens &amp; Minor And 2 Other Stocks Insiders Are Selling

DBA Sempra 5.750% Junior Subordinated Notes due 2079

Storebrand ASA

STOREBRAND ASA UNSP/ADR by StoreBrand ASA

SUNRISE ENERGY METALS LTD by Sunrise Energy Metals Ltd.

Sunrise Energy Metals Ltd

SAVILLE RES INC by Saville Resources Inc.

Saville Resources Inc

Global X SuperDividend REIT ETF

<p>During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a <a href="https://www.benzinga.com/yield-investments">high dividend payout</a>.</p>
<p>Benzinga readers can review the latest analyst takes on&amp;nbsp;their favorite stocks&amp;nbsp;by visiting our <a href="https://www.benzinga.com/analyst-stock-ratings">Analyst Stock Ratings</a> page. Traders can sort through Benzinga&amp;#39;s extensive database of analyst ratings, including <a href="https://www.benzinga.com/analyst-ratings/analyst-color/22/09/28888638/exclusive-study-finds-benzinga-analyst-ratings-data-yields-market-beating-strategie">by analyst accuracy</a>.</p>
<p>Below are the ratings of the most accurate analysts for three high-yielding stocks in the utilities sector.</p>
<h3 class="wp-block-heading">CMS Energy Corporation&lt;/b> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CMS#NYSE">CMS</a>)</h3>
<p><strong>Dividend Yield:</strong> 3.54%</p>
<p><strong>Barclays</strong> analyst Eric Beaumont maintained an Equal-Weight rating and increased the price target from $55 to $59 on Jan. 17, 2024. This analyst has an accuracy rate of 67%.</p>
<p><strong>Seaport Global </strong>analyst Angie Storozynski downgraded the stock from Buy to Neutral on Jan. 8, 2023. This analyst has an accuracy rate of 71%.</p>
<p><strong>Recent News:</strong> On Feb. 1, CMS Energy posted better-than-expected quarterly earnings.</p>
<h3 class="wp-block-heading">Consolidated Edison, Inc.&lt;/b> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ED#NYSE">ED</a>)</h3>
<p><strong>Dividend Yield:</strong> 3.66%</p>
<p><strong>UBS</strong> analyst Daniel Ford maintained a Neutral rating and cut the price target from $99 to $94 on Feb. 16, 2024. This analyst has an accuracy rate of 67%.</p>
<p><strong>Barclays</strong> analyst Eric Beaumont maintained an Equal-Weight rating and cut the price target from $88 to $86 on Jan. 22, 2024. This analyst has an accuracy rate of 67%.</p>
<p><strong>Recent News:</strong> On Feb. 15, Consolidated Edison posted upbeat quarterly earnings.</p>
<h3 class="wp-block-heading">Sempra (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SRE#NYSE">SRE</a>)</h3>
<p><strong>Dividend Yield:</strong> 3.65%</p>
<p><strong>Morgan Stanley</strong> analyst David Arcaro maintained an Equal-Weight rating and raised the price target from $74 to $75 on March 21, 2024. This analyst has an accuracy rate of 61%.</p>
<p><strong>Barclays</strong> analyst Eric Beaumont maintained an Overweight rating and boosted the price target from $77 to $79 on March 14, 2024. This analyst has an accuracy rate of 67%.</p>
<p><strong>Recent News:</strong> On Feb. 27, Sempra Energy posted better-than-expected quarterly earnings.</p>
<p>Read More: B<a href="https://www.benzinga.com/markets/cryptocurrency/24/04/38315201/bitcoin-ethereum-edge-lower-following-jobless-claims-data-nervos-network-becomes-top-loser">itcoin, Ethereum Edge Lower Following Jobless Claims Data; Nervos Network Becomes Top Loser </a></p>


Wall Street's Most Accurate Analysts' Views On 3 Utilities Stocks Delivering High-Dividend Yields

<p><strong>Sempra's</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SRE#NYSE">SRE</a>) short percent of float has risen 7.43% since its last report. The company recently reported that it has <strong>12.34 million shares sold short</strong>, which is 2.17% of all regular shares that are available for trading. Based on its trading volume, <strong>it would take traders 3.56 days to cover their short positions on average.</strong></p>
<h3>Why Short Interest Matters</h3>
<p>Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.</p>
<p>Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.</p>
<p><strong>See Also:</strong> <a href="https://www.benzinga.com/short-interest"><strong>List of the most shorted stocks</strong></a></p>
<h3>Sempra Short Interest Graph (3 Months)</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1712936712_0.png" alt="short_fig" /></p>
<p>As you can see from the chart above the percentage of shares that are sold short for Sempra has grown since its last report. This does not mean that the stock is going to fall in the near-term but traders should be aware that more shares are being shorted.</p>
<h3>Comparing Sempra's Short Interest Against Its Peers</h3>
<p>Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.</p>
<p>According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, Sempra's peer group average for short interest as a percentage of float is 3.26%, which means the company has <strong>less</strong> short interest than most of its peers.</p>
<p>Did you know that increasing short interest can actually be <strong>bullish</strong> for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/"><strong>This post by Benzinga Money explains how you can profit from it.</strong></a></p>
<p><em>This article was generated by Benzinga's automated content engine and was reviewed by an editor.</em></p>


Short Sellers

Peering Into Sempra's Recent Short Interest

Asset Sales

Global

Mitsui & Co And Mitsubishi Corp Will Work With U.S.-Based Sempra Infrastructure To Sell Liquefied Natural Gas Made Via Process That Generates Up To 90% Less Carbon Dioxide; Mitsui And Mitsubishi In Talks To Sell LNG To Japanese Electricity And Gas Companies; Look To Begin Production Around 2029 At A Major LNG Facility In Louisiana

<p>During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a <a href="https://www.benzinga.com/yield-investments"><em> high dividend payout. </em></a></p>
<p>Benzinga readers can review the latest analyst takes on&nbsp;their favorite stocks&nbsp;by visiting our&nbsp;<a href="https://www.benzinga.com/analyst-stock-ratings">Analyst Stock Ratings&nbsp;</a>page. Traders can sort through Benzinga&#39;s extensive database of analyst ratings, including <a href="https://www.benzinga.com/analyst-ratings/analyst-color/22/09/28888638/exclusive-study-finds-benzinga-analyst-ratings-data-yields-market-beating-strategie"><em> by analyst accuracy </em></a>.</p>
<p>Below are the ratings of the most accurate analysts for three high-yielding stocks in the utilities sector.</p>
<h3><strong>NextEra Energy, Inc.</strong> (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/nee#NYSE">NEE</a>)</h3>
<ul>
<li><strong>Dividend Yield:</strong> 3.29%</li>
<li><strong>Wells Fargo</strong> analyst Michael Blum maintained an Overweight rating and raised the price target from $84 to $85 on March 19, 2024. This analyst has an accuracy rate of 64%.</li>
<li><strong>BMO Capital</strong> analyst James Thalacker maintained an Outperform rating and boosted the price target from $76 to $77 on March 18, 2024. This analyst has an accuracy rate of 61%.</li>
<li><strong>Recent News:</strong> On March 13, NextEra Energy announced that the Federal Election Commission voted to close its file regarding a complaint that alleged campaign finance violations.</li>
</ul>
<h3><strong>Essential Utilities, Inc. </strong> (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/wtrg#NYSE">WTRG</a>)</h3>
<ul>
<li><strong>Dividend Yield:</strong> 3.41%</li>
<li><strong>Wells Fargo</strong> analyst Jonathan Reeder maintained an Overweight rating and cut the price target from $52 to $50 on May 10, 2023. This analyst has an accuracy rate of 60%.</li>
<li><strong>RBC Capital</strong> analyst Shelby Tucker reiterated an Outperform rating with a price target of $54 on March 16, 2023. This analyst has an accuracy rate of 60%.</li>
<li><strong>Recent News:</strong> Essential Utilities is expected to to report earnings for the quarter ended March 31, 2024, on May 2, 2024.</li>
</ul>
<h3><strong>Sempra </strong> (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/sre#NYSE">SRE</a>)</h3>
<ul>
<li><strong>Dividend Yield:</strong> 3.49%</li>
<li><strong>Barclays</strong> analyst Eric Beaumont maintained an Overweight rating and raised the price target from $77 to $79 on March 14, 2024. This analyst has an accuracy rate of 68%.</li>
<li><strong>Mizuho</strong> analyst Anthony Crowdell maintained a Buy rating and cut the price target from $83 to $79 on Jan. 25, 2024. This analyst has an accuracy rate of 62%.</li>
<li><strong>Recent News:</strong> On Feb. 27, Sempra Energy posted better-than-expected quarterly earnings.</li>
</ul>
<p>&nbsp;</p>
<p>Read More: <a href="https://www.benzinga.com/news/earnings/24/04/38083957/rpm-international-earnings-are-imminent-these-most-accurate-analysts-revise-forecasts-ahead-of-earn"><em> RPM International Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call</em></a></p>


Wall Street's Most Accurate Analysts Say Buy These 3 Utilities Stocks With Over 3% Dividend Yields

<p>Morgan Stanley  analyst David Arcaro   maintains Sempra (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SRE#NYSE">SRE</a>) with a Equal-Weight and raises the price target from $74 to $75.</p>


Morgan Stanley Maintains Equal-Weight on Sempra, Raises Price Target to $75

<p><strong>Sempra's</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SRE#NYSE">SRE</a>) short percent of float has fallen 8.42% since its last report. The company recently reported that it has <strong>11.63 million shares sold short</strong>, which is 1.85% of all regular shares that are available for trading. Based on its trading volume, <strong>it would take traders 3.59 days to cover their short positions on average.</strong></p>
<h3>Why Short Interest Matters</h3>
<p>Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.</p>
<p>Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.</p>
<p><strong>See Also:</strong> <a href="https://www.benzinga.com/short-interest"><strong>List of the most shorted stocks</strong></a></p>
<h3>Sempra Short Interest Graph (3 Months)</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1711035916_0.png" alt="short_fig" /></p>
<p>As you can see from the chart above the percentage of shares that are sold short for Sempra has declined since its last report. This does not mean that the stock is going to rise in the near-term but traders should be aware that less shares are being shorted.</p>
<h3>Comparing Sempra's Short Interest Against Its Peers</h3>
<p>Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.</p>
<p>According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, Sempra's peer group average for short interest as a percentage of float is 3.22%, which means the company has <strong>less</strong> short interest than most of its peers.</p>
<p>Did you know that increasing short interest can actually be <strong>bullish</strong> for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/"><strong>This post by Benzinga Money explains how you can profit from it.</strong></a></p>
<p><em>This article was generated by Benzinga's automated content engine and was reviewed by an editor.</em></p>


(SRE) - Analyzing Sempra's Short Interest

<p>Barclays  analyst Eric Beaumont   maintains Sempra (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SRE#NYSE">SRE</a>) with a Overweight and raises the price target from $77 to $79.</p>


Barclays Maintains Overweight on Sempra, Raises Price Target to $79

<p>In the last three months, 6 analysts have published ratings on Sempra (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SRE#NYSE">SRE</a>), offering a diverse range of perspectives from bullish to bearish.</p>
<p>The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved over the past 30 days and comparing them to the preceding months.</p>
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;"><strong>Bullish</strong></th>
<th style="text-align: right;"><strong>Somewhat Bullish</strong></th>
<th style="text-align: right;"><strong>Indifferent</strong></th>
<th style="text-align: right;"><strong>Somewhat Bearish</strong></th>
<th style="text-align: right;"><strong>Bearish</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td><strong>Total Ratings</strong></td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">4</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>Last 30D</strong></td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>1M Ago</strong></td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>2M Ago</strong></td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>3M Ago</strong></td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
<p>In the assessment of 12-month price targets, analysts unveil insights for Sempra, presenting an average target of $81.58, a high estimate of $86.00, and a low estimate of $77.00. Observing a 4.26% increase, the current average has risen from the previous average price target of $78.25. </p>
<p><img src="https://www.benzinga.com/files/images/story/2024/1709740821_0.png" alt="price target chart" /></p>
<h2>Breaking Down Analyst Ratings: A Detailed Examination</h2>
<p>A comprehensive examination of how financial experts perceive Sempra is derived from recent analyst actions. The following is a detailed summary of key analysts, their recent evaluations, and adjustments to ratings and price targets.</p>
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Shelby Tucker</td>
<td>RBC Capital</td>
<td>Maintains</td>
<td>Outperform</td>
<td>$82.00</td>
<td>-</td>
</tr>
<tr>
<td>Anthony Crowdell</td>
<td>Mizuho</td>
<td>Lowers</td>
<td>Buy</td>
<td>$79.00</td>
<td>$83.00</td>
</tr>
<tr>
<td>Eric Beaumont</td>
<td>Barclays</td>
<td>Raises</td>
<td>Overweight</td>
<td>$77.00</td>
<td>$76.00</td>
</tr>
<tr>
<td>James Thalacker</td>
<td>BMO Capital</td>
<td>Raises</td>
<td>Outperform</td>
<td>$84.00</td>
<td>$76.00</td>
</tr>
<tr>
<td>Paul Fremont</td>
<td>Ladenburg Thalmann</td>
<td>Announces</td>
<td>Buy</td>
<td>$81.50</td>
<td>-</td>
</tr>
<tr>
<td>Christopher Turnure</td>
<td>JP Morgan</td>
<td>Raises</td>
<td>Overweight</td>
<td>$86.00</td>
<td>$78.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li><strong>Action Taken:</strong> In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to Sempra. This insight gives a snapshot of analysts' perspectives on the current state of the company.</li>
<li><strong>Rating:</strong> Analysts assign qualitative assessments to stocks, ranging from 'Outperform' to 'Underperform'. These ratings convey the analysts' expectations for the relative performance of Sempra compared to the broader market.</li>
<li><strong>Price Targets:</strong> Analysts navigate through adjustments in price targets, providing estimates for Sempra's future value. Comparing current and prior targets offers insights into analysts' evolving expectations.</li>
</ul>
<p>Navigating through these analyst evaluations alongside other financial indicators can contribute to a holistic understanding of Sempra's market standing. Stay informed and make data-driven decisions with our Ratings Table.</p>
<p><a href="https://www.benzinga.com/quote/SRE/analyst-ratings?utm_source=Benzinga Insights"><strong>Stay up to date on Sempra analyst ratings.</strong></a></p>
<h2>All You Need to Know About Sempra</h2>
<p>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 &amp; 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.</p>
<h3>Sempra: Delving into Financials</h3>
<p><strong>Market Capitalization Analysis:</strong> The company's market capitalization surpasses industry averages, showcasing a dominant size relative to peers and suggesting a strong market position.</p>
<p><strong>Positive Revenue Trend:</strong> Examining Sempra's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of <strong>1.04%</strong> as of 31 December, 2023, showcasing a substantial increase in top-line earnings. As compared to competitors, the company surpassed expectations with a growth rate higher than the average among peers in the Utilities sector.</p>
<p><strong>Net Margin:</strong> Sempra's financial strength is reflected in its exceptional net margin, which exceeds industry averages. With a remarkable net margin of <strong>21.11%,</strong> the company showcases strong profitability and effective cost management.</p>
<p><strong>Return on Equity (ROE):</strong> The company's ROE is a standout performer, exceeding industry averages. With an impressive ROE of <strong>2.67%,</strong> the company showcases effective utilization of equity capital.</p>
<p><strong>Return on Assets (ROA):</strong> Sempra's ROA stands out, surpassing industry averages. With an impressive ROA of <strong>0.85%</strong>, the company demonstrates effective utilization of assets and strong financial performance.</p>
<p><strong>Debt Management:</strong> Sempra's debt-to-equity ratio is below the industry average. With a ratio of <b>1.12</b>, the company relies less on debt financing, maintaining a healthier balance between debt and equity, which can be viewed positively by investors.</p>
<h2>What Are Analyst Ratings?</h2>
<p>Analysts are specialists within banking and financial systems that typically report for specific stocks or within defined sectors. These people research company financial statements, sit in conference calls and meetings, and speak with relevant insiders to determine what are known as analyst ratings for stocks. Typically, analysts will rate each stock once a quarter. </p>
<p>Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.</p>
<p>If you want to keep track of which analysts are outperforming others, you can view updated analyst ratings along withanalyst success scores in <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.</p>
<p>This article was generated by Benzinga's automated content engine and reviewed by an editor.</p>


The Analyst Landscape: 6 Takes On Sempra

<p>RBC Capital  analyst Shelby Tucker   reiterates Sempra (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SRE#NYSE">SRE</a>) with a Outperform and maintains $82 price target.</p>


Reiteration

RBC Capital Reiterates Outperform on Sempra, Maintains $82 Price Target

<p>The Nasdaq 100 closed lower by around 0.5% on Wednesday. Investors, meanwhile, focused on some notable insider trades.</p>
<p>When insiders sell shares, it could be a preplanned sale, or could indicate their concern in the company&rsquo;s prospects or that they view the stock as being overpriced. Insider sales should not be taken as the only indicator for making an investment or trading decision. At best, it can lend conviction to a selling decision.</p>
<p>Below is a look at a few recent notable insider sales. For more, check out <a href="https://www.benzinga.com/sec/insider-trades/"><em> Benzinga&#39;s insider transactions </em></a> platform.</p>
<h3><strong>Sempra </strong></h3>
<ul>
<li><strong>The Trade:</strong> <strong> Sempra</strong> (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/sre#NYSE">SRE</a>) Chairman, CEO and President Jeffrey W Martin <a href="https://www.benzinga.com/sec/insider-trades/"><em> sold a total of 50,703 shares </em></a> at an average price of $70.92. The insider received around $3.6 million from selling those shares.</li>
<li><strong>What&rsquo;s Happening:</strong> On Feb. 27, Sempra Energy posted upbeat quarterly earnings.</li>
<li><strong>What Sempra Does:</strong> 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.</li>
</ul>
<p><em>Have a look at our <a href="https://www.benzinga.com/premarket/"> premarket coverage here </a> </em></p>
<h3><strong>Owens &amp; Minor</strong></h3>
<ul>
<li><strong>The Trade:</strong> <strong> Owens &amp; Minor, Inc. </strong> (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/omi#NYSE">OMI</a>) SVP, Corporate Controller Michael Wayne Lowry <a href="https://www.benzinga.com/sec/insider-trades/"><em> sold a total of 10,000 shares </em></a> at an average price of $25.00. The insider received around $250,000 from selling those shares.</li>
<li><strong>What&rsquo;s Happening:</strong> On Feb. 20, Owens &amp; Minor reported better than expected fourth-quarter earnings.</li>
<li><strong>What Owens &amp; Minor Does:</strong> Owens &amp; Minor Inc distributes consumable medical supplies to a variety of providers.</li>
</ul>
<h3><strong>SoundHound AI </strong></h3>
<ul>
<li><strong>The Trade:</strong> <strong> SoundHound AI, Inc. </strong> (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/soun#NASDAQ">SOUN</a>) Director Eric R. Ball <a href="https://www.benzinga.com/sec/insider-trades/"><em> sold a total of 90,000 shares </em></a> at an average price of $5.94. The insider received around $534,810 from selling those shares.</li>
<li><strong>What&rsquo;s Happening:</strong> On Feb. 14, Nvidia reported a 1.73 million share stake in the company.</li>
<li><strong>What SoundHound AI Does:</strong> SoundHound AI Inc is an innovator of conversational intelligence, offering an independent Voice AI platform that enables businesses across industries to deliver high-quality conversational experiences to customers.</li>
</ul>
<h3><strong>Eversource Energy </strong></h3>
<ul>
<li><strong>The Trade:</strong> <strong> Eversource Energy </strong> (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/es#NYSE">ES</a>) Frederica M Williams <a href="https://www.benzinga.com/sec/insider-trades/"><em> sold a total of 2,714 shares </em></a> at an average price of $57.60. The insider received around $156,337 from selling those shares.</li>
<li><strong>What&rsquo;s Happening:</strong> On Feb. 13, Eversource Energy reported fourth-quarter FY23 revenue of $2.69 billion, missing the consensus of $3.24 billion.</li>
<li><strong>What Eversource Energy Does:</strong> Eversource Energy is a diversified holding company with subsidiaries that provide rate-regulated electric, gas, and water distribution service to more than 4 million customers in the Northeast U.S.</li>
</ul>
<p>Check This Out: <a href="https://www.benzinga.com/news/earnings/24/02/37384835/hp-best-buy-and-3-stocks-to-watch-heading-into-thursday"><em> HP, Best Buy And 3 Stocks To Watch Heading Into Thursday </em></a></p>


SoundHound AI, Owens & Minor And 2 Other Stocks Insiders Are Selling

<p><strong>Earnings Guidance</strong></p>
<p>Sempra is narrowing its full-year 2024 earnings-per-common share (EPS) guidance range to&nbsp;$4.60&nbsp;to&nbsp;$4.90&nbsp;and announcing a full-year 2025 EPS guidance range of&nbsp;$4.90&nbsp;to&nbsp;$5.25, which represents a 7% year-over-year increase from the midpoint of the full-year 2024 EPS guidance range. The company is also affirming its projected long-term EPS growth rate of approximately 6% to 8%.</p>


Earnings

Guidance

Sempra Narrowed Its 2024 EPS Guidance To $4.60-$4.90 Vs. $4.83 Consensus (Prior $4.44-$4.74). For 2025 Expects EPS Of $4.90 To $5.25; Affirms 6-8% Projected Long-Term EPS Growth Rate

<p>Sempra&#39;s board of directors declared a&nbsp;$0.62&nbsp;per share quarterly dividend on the company&#39;s common stock, which is payable&nbsp;April 15, 2024, to common stock shareholders of record at the close of business on&nbsp;March 21, 2024. The declared quarterly dividend represents an increase of the company&#39;s common stock dividend to&nbsp;$2.48&nbsp;per share, on an annualized basis, from&nbsp;$2.38&nbsp;per share in 2023.</p>


Sempra Increases Quarterly Dividend To $0.62 From Prior $0.60, Payable April 15, 2024

<p>Sempra Energy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SRE#NYSE">SRE</a>) reported quarterly adjusted earnings of $1.13 per share which beat the analyst consensus estimate of $1.12 by 0.89 percent. This is a 4.24 percent decrease over earnings of $1.18 per share from the same period last year. The company reported quarterly sales of $3.49 billion which missed the analyst consensus estimate of $3.87 billion by 9.79 percent. This is a 1.04 percent increase over sales of $3.46 billion the same period last year.</p>


Sempra Energy Q4 Adj. EPS $1.13 Beats $1.12 Estimate, Sales $3.49B Miss $3.87B Estimate

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Earnings Scheduled For February 27, 2024

<p>During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a <a href="https://www.benzinga.com/yield-investments"><em> high dividend payout. </em></a></p>
<p>Benzinga readers can review the latest analyst takes on&nbsp;their favorite stocks&nbsp;by visiting our&nbsp;<a href="https://www.benzinga.com/analyst-stock-ratings">Analyst Stock Ratings&nbsp;</a>page. Traders can sort through Benzinga&#39;s extensive database of analyst ratings, including <a href="https://www.benzinga.com/analyst-ratings/analyst-color/22/09/28888638/exclusive-study-finds-benzinga-analyst-ratings-data-yields-market-beating-strategie"><em> by analyst accuracy </em></a>.</p>
<p>Below are the ratings of the most accurate analysts for three high-yielding stocks in the utilities sector.</p>
<h3><strong>Sempra</strong> (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/sre#NYSE">SRE</a>)</h3>
<ul>
<li><strong>Dividend Yield:</strong> 3.31%</li>
<li><strong>Barclays</strong> analyst Eric Beaumont maintained an Overweight rating and raised the price target from $76 to $77 on Jan. 22, 2024. This analyst has an accuracy rate of 66%.</li>
<li><strong>JP Morgan</strong> analyst Christopher Turnure upgraded the stock from Neutral to Overweight and raised the price target from $78 to $86 on Dec. 12, 2023. This analyst has an accuracy rate of 64%.</li>
<li><strong>Recent News:</strong> Sempra said it will report fourth-quarter earnings on Feb. 27, 2024.</li>
</ul>
<h3><strong>NextEra Energy, Inc. </strong> (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/nee#NYSE">NEE</a>)</h3>
<ul>
<li><strong>Dividend Yield:</strong> 3.61%</li>
<li><strong>Citigroup</strong> analyst Ryan Levine initiated coverage on the stock with a Buy rating and a price target of $69 on Dec. 8, 2023. This analyst has an accuracy rate of 62%.</li>
<li><strong>Seaport Global</strong> analyst Angie Storozynski downgraded the stock from Neutral to Sell with a price target of $44 on Nov. 9, 2023. This analyst has an accuracy rate of 70%.</li>
<li><strong>Recent News:</strong> NextEra Energy posted better-than-expected quarterly results.</li>
</ul>
<h3><strong>DTE Energy Company</strong> (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/dte#NYSE">DTE</a>)</h3>
<ul>
<li><strong>Dividend Yield:</strong> 3.74%</li>
<li><strong>Barclays</strong> analyst Eric Beaumont maintained an Overweight rating and cut the price target from $113 to $112 on Feb. 13, 2024. This analyst has an accuracy rate of 66%.</li>
<li><strong>Seaport Global</strong> analyst Angie Storozynski downgraded the stock from Buy to Neutral on Jan. 8, 2024. This analyst has an accuracy rate of 70%.</li>
<li><strong>Recent News:</strong> DTE Energy posted better-than-expected quarterly earnings.</li>
</ul>
<p>&nbsp;</p>
<p>Read More: <a href="https://www.benzinga.com/news/earnings/24/02/37253951/nvidia-keurig-dr-pepper-and-3-stocks-to-watch-heading-into-thursday"><em> NVIDIA, Keurig Dr Pepper And 3 Stocks To Watch Heading Into Thursday</em></a></p>


Wall Street's Most Accurate Analysts' Views On 3 Utilities Stocks With Over 3% Dividend Yields

<p>On CNBC&rsquo;s &quot;Mad Money Lightning Round,&quot; <strong>Jim Cramer</strong> recommended waiting for <strong> DICK&#39;S Sporting Goods, Inc.</strong> (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/dks#NYSE">DKS</a>) stock to come down. &quot;I hate a parabolic move, and that&rsquo;s exactly what you&rsquo;re getting there. I don&rsquo;t like it <a href="https://www.benzinga.com/quote/DKS/news"> straight up, so wait,&quot; he added.</a></p>
<p>Truist Securities analyst Scot Ciccarelli recently maintained Dick&#39;s Sporting with a Buy and raised the price target from $154 to $174.</p>
<p>Cramer said <strong> Iron Mountain Incorporated</strong> (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/irm#NYSE">IRM</a>) is a stock that he has liked for a long time and reiterated&nbsp;that he likes the stock. &quot;The yield&rsquo;s only 4%, why? Because the stock&rsquo;s gone up so much,&quot; he added.</p>
<p>Iron Mountain is expected to report its fourth quarter financial results before the opening bell on Feb. 22, 2024. Analysts expect the company to report quarterly earnings at 45 cents per share on revenue of $1.45 billion.</p>
<p>When asked about <strong> Toyota Motor Corporation</strong> (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/tm#NYSE">TM</a>), he said, &quot;This is a very tough one to be able to come in and buy stock up $5, but I will tell you that I think Toyota is going higher.&quot; Cramer recommended buying some and then wait for the stock to come down.</p>
<p>Toyota disclosed that the president and chairman of its small-car unit subsidiary, Daihatsu Motor, are stepping down.</p>
<p><em>Don&rsquo;t forget to check out our <a href="https://www.benzinga.com/premarket/"> premarket coverage here </a> </em></p>
<p>The &quot;Mad Money&quot; host said <strong> Rockwell Automation, Inc.</strong> (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/rok#NYSE">ROK</a>) is in the &quot;penalty&quot; box as the company reported a &quot;miserable&quot; quarter. Cramer added that he can&rsquo;t recommend a stock that just reported a bad quarter.</p>
<p>Rockwell Automation reported worse-than-expected first-quarter results. Sales grew 3.6% Y/Y to $2.05 billion, missing the consensus of $2.099 billion. Organic sales increased by 1.0% Y/Y in the quarter. Adjusted EPS of $2.04 missed the <a href="https://www.benzinga.com/news/earnings/24/01/36867792/why-rockwell-automation-shares-are-diving-today">analyst consensus of $2.64.</a></p>
<p>When asked about <strong> Joby Aviation, Inc. </strong> (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/joby#NYSE">JOBY</a>), he said, &quot;They&rsquo;ve got to come closer to profitability, they really do. They&rsquo;re so far from profitability I cannot recommend them. It&rsquo;s just too painful.&quot;</p>
<p>The company recently announced that it reached an agreement to launch an air taxi service in the UAE by early 2026.</p>
<p>Cramer said <strong> Palantir Technologies Inc. </strong> (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/pltr#NASDAQ">PLTR</a>) reported a good quarter. &quot;I know the stock is straight up, I would like it to come in a little, but it might not,&quot; he added.</p>
<p>Palantir recently reported better-than-expected fourth-quarter sales results.</p>
<p>When asked about <strong> Dutch Bros Inc. </strong> (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/bros#NYSE">BROS</a>), he said, &quot;I need to see a good quarter.&quot;</p>
<p>Dutch Bros is expected to report financial results for the fourth quarter on Feb. 21, 2024.</p>
<p>Cramer said he likes <strong> Sempra</strong> (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/sre#NYSE">SRE</a>) &quot;very, very much&quot; and recommended buying the same. &quot;And, you know, it&rsquo;s come down here to the point where you can get a good yield and some growth,&quot; he added.</p>
<p>Sempra is expected to release its fourth-quarter and full-year 2023 earnings on Feb. 27, 2024.</p>
<h3><strong>Price Action:</strong></h3>
<ul>
<li>Shares of Iron Mountain fell 2.6% to close at $67.02 on Tuesday.</li>
<li>Dutch Bros shares fell 4.3% to settle at $26.58.</li>
<li>Toyota Motor shares rose 2.3% to $231.00 on Tuesday.</li>
<li>Dick&#39;s Sporting shares fell 0.5% to settle at $165.54 during Tuesday&rsquo;s session.</li>
<li>Shares of Rockwell Automation fell 0.8% to close at $278.38 on Tuesday.</li>
<li>Joby Aviation shares fell 5.2% to settle at $5.98 on Tuesday.</li>
<li>Shares of Palantir fell 4.2% to close at $24.01 during the session.</li>
<li>Sempra shares fell 1.9% to settle at $69.35 on Tuesday.</li>
</ul>
<p><em>Now Read This: <a href="https://www.benzinga.com/trading-ideas/long-ideas/24/02/37092635/insiders-buying-rockwell-automation-and-2-other-stocks"> Insiders Buying Rockwell Automation And 2 Other Stocks </a> </em></p>
<p><em>Images: Shutterstock, Wikimedia Creative Commons, edited with Canva</em></p>


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Jim Cramer Puts This Industrial Stock In 'Penalty Box' After 'Miserable' Quarter

<p><strong>Sempra's</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SRE#NYSE">SRE</a>) short percent of float has fallen 4.72% since its last report. The company recently reported that it has <strong>12.71 million shares sold short</strong>, which is 2.02% of all regular shares that are available for trading. Based on its trading volume, <strong>it would take traders 5.17 days to cover their short positions on average.</strong></p>
<h3>Why Short Interest Matters</h3>
<p>Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.</p>
<p>Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.</p>
<p><strong>See Also:</strong> <a href="https://www.benzinga.com/short-interest"><strong>List of the most shorted stocks</strong></a></p>
<h3>Sempra Short Interest Graph (3 Months)</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1706886921_0.png" alt="short_fig" /></p>
<p>As you can see from the chart above the percentage of shares that are sold short for Sempra has declined since its last report. This does not mean that the stock is going to rise in the near-term but traders should be aware that less shares are being shorted.</p>
<h3>Comparing Sempra's Short Interest Against Its Peers</h3>
<p>Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.</p>
<p>According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, Sempra's peer group average for short interest as a percentage of float is 3.03%, which means the company has <strong>less</strong> short interest than most of its peers.</p>
<p>Did you know that increasing short interest can actually be <strong>bullish</strong> for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/"><strong>This post by Benzinga Money explains how you can profit from it.</strong></a></p>
<p><em>This article was generated by Benzinga's automated content engine and was reviewed by an editor.</em></p>


<p>Conservative Congresswoman <strong>Marjorie Taylor Greene</strong> (R-Ga.) took a shot at President<strong> Joe Biden&#8217;s</strong> decision  to <a href="https://www.benzinga.com/news/24/01/36805265/president-biden-announces-lng-export-decisions-pause">pause approvals for pending and future applications for liquified-natural gas exports</a> from new projects.</p>
<p><strong>What Happened:</strong> The Biden administration&#8217;s decision came amid pressure from climate activists, with the president stating that the pause would allow the administration to &#8220;learn more about their impacts on energy costs, security, and our environment.&#8221;</p>
<p>The <strong>Department of Energy</strong> (DOE) <a href="https://www.energy.gov/articles/doe-update-public-interest-analysis-enhance-national-security-achieve-clean-energy-goals">said</a> in a release that the Congress has mandated it to evaluate the public interest of proposed exports to countries with which the U.S. does not have a free trade agreement. </p>
<p>&#8220;As the natural gas sector has transformed over the past decade, DOE must use the most complete, updated, and robust analysis possible on market, economic, national security, environmental considerations, including current authorized exports compared to domestic supply, energy security, greenhouse gas emissions including carbon dioxide and methane, and other factors,&#8221; the DOE said.</p>
<p>The federal agency said it will begin an update of the analysis and &#8220;pause determinations on pending applications for export of LNG to non-Free Trade Agreement countries&#8221; until the update has been completed.</p>
<p><strong>Greene Reacts: </strong>As Biden posted about the pause on X, Greene reacted to the announcement by stating that &#8220;America last is beginning to [be] an understatement at this point.&#8221;</p>
<p>&#8220;Killing America's clean affordable liquid natural gas industry is like attacking our own country,&#8221; she added.</p>
<p><figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"><br />
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true"><p lang="en" dir="ltr">America last is beginning to an understatement at this point.<br /><br />Killing America's clean affordable liquid natural gas industry is like attacking our own country. <a href="https://t.co/KQAgK3FuRx">https://t.co/KQAgK3FuRx</a></p>
<p>&mdash; Rep. Marjorie Taylor Greene&#x1f1fa;&#x1f1f8; (@RepMTG) <a href="https://twitter.com/RepMTG/status/1751032499679965435?ref_src=twsrc%5Etfw">January 27, 2024</a></p></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
<p></p></figure></p>
<p><em>See Also: <a href="https://www.benzinga.com/insights/news/24/01/36781257/5-value-stocks-in-the-energy-sector">5 Value Stocks In The Energy Sector</a></em></p>
<p><strong>Why It&#8217;s Important: </strong>DOE estimates show that the U.S. is the global leader in LNG exports with 14 billion cubic feet per day (Bcf/d) in current operating capacity and 48 Bcf/d in total authorizations. This represents more than three times its export capacity, it said.</p>
<p>A spokesperson for the European Commission told Reuters, &#8220;This pause will not have any short- to medium-term impacts on the EU&#8217;s security of supply.&#8221;</p>
<p>The Reuters report noted that the previous review was in 2018, and at that time, the export capacity was at 4 Bcf/day. This has tripled since and is set to jump higher by 2030, the report said.</p>
<p>The potential surge in exports has set off alarm bells among climate activists and youth groups as they accuse the LNG projects of polluting local communities and leaving the world heavily reliant on fossil fuels.</p>
<p>DOE data show that the LNG U.S. export price was at $7.02 per thousand cubic feet in October compared to $14.36 in June 2022.</p>
<p><figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="484" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/01/27102246/image-10-1024x484.png" alt="" class="wp-image-196049" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/01/27102246/image-10-1024x484.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/01/27102246/image-10-300x142.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/01/27102246/image-10-768x363.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/01/27102246/image-10.png 1220w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure></p>
<p>&nbsp;<em>Chart Courtesy Of Y Charts</em></p>
<p>The <strong>Roundhill Alerian LNG ETF </strong>(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LNGG#NYSE">LNGG</a>), an exchange-traded fund that tracks the performance of the <strong>Alerian Liquefied Natural Gas Index</strong> — an index comprising of stocks that are materially engaged in the liquefied natural gas industry, ended Friday&#8217;s session up 0.45% at $24.23, according to <a href="https://benzinga.grsm.io/lxquj26b2sag">Benzinga Pro data.</a></p>
<p>The export suspension will hurt companies that were waiting to export LNG, especially to Europe, Reuters said. <strong>Cheniere Energy, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LNG#NYSE">LNG</a>)</strong> and <strong>Sempra </strong>(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SRE#NYSE">SRE</a>) are among the companies that are likely to be impacted, it added.</p>
<p><em>Read Next:<a href="https://www.benzinga.com/trading-ideas/long-ideas/24/01/36755076/top-3-energy-stocks-that-may-explode-in-q1"> Top 3 Energy Stocks That May Explode In Q1</a></em></p>


Analyst Color

Equities

Government

Regulations

Politics

LNGG

Marjorie Taylor Greene Slams Biden Administration's Pause On LNG Export Approvals: 'Killing America's ... Liquid Natural Gas Industry Is Like Attacking Our Own Country'

<p>Mizuho  analyst Anthony Crowdell   maintains Sempra (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SRE#NYSE">SRE</a>) with a Buy and lowers the price target from $83 to $79.</p>


Mizuho Maintains Buy on Sempra, Lowers Price Target to $79

<p>Sempra (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SRE#NYSE">SRE</a>) underwent analysis by 6 analysts in the last quarter, revealing a spectrum of viewpoints from bullish to bearish.</p>
<p>The following table provides a quick overview of their recent ratings, highlighting the changing sentiments over the past 30 days and comparing them to the preceding months.</p>
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;"><strong>Bullish</strong></th>
<th style="text-align: right;"><strong>Somewhat Bullish</strong></th>
<th style="text-align: right;"><strong>Indifferent</strong></th>
<th style="text-align: right;"><strong>Somewhat Bearish</strong></th>
<th style="text-align: right;"><strong>Bearish</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td><strong>Total Ratings</strong></td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>Last 30D</strong></td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>1M Ago</strong></td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>2M Ago</strong></td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>3M Ago</strong></td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
<p>The 12-month price targets, analyzed by analysts, offer insights with an average target of $79.42, a high estimate of $86.00, and a low estimate of $73.00. This upward trend is evident, with the current average reflecting a 3.68% increase from the previous average price target of $76.60.</p>
<p><img src="https://www.benzinga.com/files/images/story/2024/1705939225_0_0.png" alt="price target chart" /></p>
<h2>Analyzing Analyst Ratings: A Detailed Breakdown</h2>
<p>The standing of Sempra among financial experts becomes clear with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.</p>
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Eric Beaumont</td>
<td>Barclays</td>
<td>Raises</td>
<td>Overweight</td>
<td>$77.00</td>
<td>$76.00</td>
</tr>
<tr>
<td>James Thalacker</td>
<td>BMO Capital</td>
<td>Raises</td>
<td>Outperform</td>
<td>$84.00</td>
<td>$76.00</td>
</tr>
<tr>
<td>Paul Fremont</td>
<td>Ladenburg Thalmann</td>
<td>Announces</td>
<td>Buy</td>
<td>$81.50</td>
<td>-</td>
</tr>
<tr>
<td>Christopher Turnure</td>
<td>JP Morgan</td>
<td>Raises</td>
<td>Overweight</td>
<td>$86.00</td>
<td>$78.00</td>
</tr>
<tr>
<td>David Arcaro</td>
<td>Morgan Stanley</td>
<td>Lowers</td>
<td>Equal-Weight</td>
<td>$73.00</td>
<td>$75.00</td>
</tr>
<tr>
<td>David Arcaro</td>
<td>Morgan Stanley</td>
<td>Lowers</td>
<td>Equal-Weight</td>
<td>$75.00</td>
<td>$78.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li><strong>Action Taken:</strong> Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to Sempra. This information provides a snapshot of how analysts perceive the current state of the company.</li>
<li><strong>Rating:</strong> Gaining insights, analysts provide qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of Sempra compared to the broader market.</li>
<li><strong>Price Targets:</strong> Gaining insights, analysts provide estimates for the future value of Sempra's stock. This comparison reveals trends in analysts' expectations over time.</li>
</ul>
<p>Analyzing these analyst evaluations alongside relevant financial metrics can provide a comprehensive view of Sempra's market position. Stay informed and make data-driven decisions with the assistance of our Ratings Table.</p>
<p><a href="https://www.benzinga.com/quote/SRE/analyst-ratings?utm_source=Benzinga Insights"><strong>Stay up to date on Sempra analyst ratings.</strong></a></p>
<h2>All You Need to Know About Sempra</h2>
<p>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 &amp; 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.</p>
<h3>Key Indicators: Sempra's Financial Health</h3>
<p><strong>Market Capitalization:</strong> Positioned above industry average, the company's market capitalization underscores its superiority in size, indicative of a strong market presence.</p>
<p><strong>Decline in Revenue:</strong> Over the 3 months period, Sempra faced challenges, resulting in a decline of approximately <strong>-7.82%</strong> in revenue growth as of 30 September, 2023. This signifies a reduction in the company's top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in Utilities sector.</p>
<p><strong>Net Margin:</strong> Sempra's net margin surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive <strong>21.63%</strong> net margin, the company effectively manages costs and achieves strong profitability.</p>
<p><strong>Return on Equity (ROE):</strong> Sempra's financial strength is reflected in its exceptional ROE, which exceeds industry averages. With a remarkable ROE of <strong>2.66%,</strong> the company showcases efficient use of equity capital and strong financial health.</p>
<p><strong>Return on Assets (ROA):</strong> The company's ROA is a standout performer, exceeding industry averages. With an impressive ROA of <strong>0.86%,</strong> the company showcases effective utilization of assets.</p>
<p><strong>Debt Management:</strong> The company maintains a balanced debt approach with a debt-to-equity ratio below industry norms, standing at <strong>1.12</strong>.</p>
<h2>What Are Analyst Ratings?</h2>
<p>Analysts are specialists within banking and financial systems that typically report for specific stocks or within defined sectors. These people research company financial statements, sit in conference calls and meetings, and speak with relevant insiders to determine what are known as analyst ratings for stocks. Typically, analysts will rate each stock once a quarter. </p>
<p>In addition to their assessments, some analysts extend their insights by offering predictions for key metrics such as earnings, revenue, and growth estimates. This supplementary information provides further guidance for traders. It is crucial to recognize that, despite their specialization, analysts are human and can only provide forecasts based on their beliefs.</p>
<p>This article was generated by Benzinga's automated content engine and reviewed by an editor.</p>


Evaluating Sempra: Insights From 6 Financial Analysts

DGI For The DIY: 2023 Dividend Portfolio Review

<p><a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a></p>
<p>With the Federal Reserve having seemingly engineered a viable pathway to a soft economic landing, the topic of stocks to buy on rate cut have enjoyed significant momentum. Of course, as with anything involving high finance these days, the <a href="https://www.pbs.org/newshour/economy/is-the-fed-going-to-cut-interest-rates-what-was-once-a-question-of-when-is-now-less-certain#:~:text=Lower%20interest%20rates%20would%20reduce,Joe%20Biden's%20re%2Delection%20campaign.">matter got more complicated</a>.</p>



<p>Yes, the central bank previously expressed measured optimism that inflation was generally moving in the right direction. However, with the latest jobs report showing continued robustness in the labor market, the reality is difficult to ignore: more dollars are chasing after fewer goods. And that of course is inflationary.</p>



<p>Still, American households have struggled for years now with elevated borrowing costs, which means it&rsquo;s not out of the realm of possibility that the Fed can adopt a dovish approach. Also, keep in mind that this year represents a critical election cycle. On that note, below are intriguing stocks to buy on rate cut.</p>



<h2>Sempra (SRE)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2022/03/sre-sempra-energy-1600-300x169.png" alt="The logo for Sempra (SRE) is seen at the top of an office building."><div>Source: Michael Vi / Shutterstock.com</div></div><p>Operating under the diversified utilities space, <strong>Sempra</strong> (NYSE:<a href="https://investorplace.com/stock-quotes/sre-stock-quote/"><strong>SRE</strong></a>) enjoys a host of advantages. First and foremost, as a utility company, it benefits from a natural monopoly. Basically, the barriers to entry are so steep that would-be competitors don&rsquo;t even try. Second, Sempra carries a geographic advantage. By covering key segments of the Southern California market, it should accrue predictable revenue and earnings growth.</p>



<p>Best of all, SRE makes a great case for stocks to buy on rate cut due to the underlying implications. Reduced borrowing costs generally translate to higher money velocity. And that can easily lead to more inflation. If so, you want to be levered to enterprises that command pricing power; that is, even if the product or service price rises, customers will open their wallets.</p>



<p>For Sempra, its customers have no choice but to pay up. Of course, that has led to significant controversies. However, there doesn&rsquo;t seem to be a realistic solution other than to just live with it. So, it goes first on this list of stocks to buy on rate cut.</p>



<h2>Kroger (KR)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2022/10/kroger-kr1600-300x169.png" alt="Kroger (KR) Supermarket. The Kroger Co. is One of the World's Largest Grocery Retailers."><div>Source: Eric Glenn / Shutterstock.com</div></div><p>Speaking of having little choice, let&rsquo;s talk about <strong>Kroger</strong> (NYSE:<a href="https://investorplace.com/stock-quotes/kr-stock-quote/"><strong>KR</strong></a>). Part of the consumer defensive sector, Kroger of course operates a combination of food and drug stores. It also operates multi-department and marketplace stores. We all know about <a href="https://www.wsj.com/economy/consumers/its-been-30-years-since-food-ate-up-this-much-of-your-income-2e3dd3ed">food inflation</a>. It&rsquo;s one of the many bitter things that Americans complain about. And it could cost President Joe Biden his job.</p>



<p>Still, if borrowing costs decline, I&rsquo;m not entirely sure how that would be helpful for lowering food prices. I&rsquo;m pretty certain that the pain in the aisle will only increase. Still, here&rsquo;s why KR represents one of the stocks to buy on rate cut. Even if inflation accelerates, people will have little recourse but to sacrifice other elements in the family budget.</p>



<p>Basically, you can live without video games and other luxuries. You can&rsquo;t live without food and water.</p>



<p>Plus, with KR stock priced at <a href="https://www.gurufocus.com/stock/KR/summary?search=kr">only 12.9X forward earnings</a> and 0.28X trailing-year sales, it seems significantly undervalued. Combined with a forward dividend yield of just over 2%, Kroger should be on your radar.</p>



<h2>Coca-Cola (KO)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2022/08/shutterstock_1646970103-300x169.jpg" alt="KO stock PEP stock: a can of Coca-cola and a can of Pepsi on either side of a glass of brown soda and sitting on top of a pile of ice"><div>Source: monticello / Shutterstock</div></div><p>A soft-drink specialist, <strong>Coca-Cola</strong> (NYSE:<a href="https://investorplace.com/stock-quotes/ko-stock-quote/"><strong>KO</strong></a>) needs no introduction. As a blue-chip giant, KO isn&rsquo;t exactly what you would call an exciting investment. However, it could easily be one of the stocks to buy on rate cut. Again, reduced borrowing costs carry a tendency of boosting money velocity. In this situation, inflation for myriad goods and services may rise, which could cynically benefit Coca-Cola.</p>



<p>One area that could see price inflation is the premium ingredients that trendy coffee shops use. I visited a particular store that shall not be named and was quite shocked at the price. For two large lattes, you&rsquo;re approaching the cost of a decent lunch anywhere else. Should inflation be stubbornly elevated, I anticipate grocery-store-bought caffeinated products to rise.</p>



<p>If so, that should help KO stock. To be fair, you&rsquo;re not getting a deal on paper because the projections for the current fiscal year are relatively modest. However, if growth reaches on the higher end of the analyst spectrum (or even above), Coca-Cola could get very interesting. It&rsquo;s a name to watch.</p>



<h2>BHP (BHP)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2022/06/bhp-1600-300x169.jpg" alt="Smartphone with BHP Group logo in front of BHP website. BHP stock."><div>Source: T. Schneider / Shutterstock</div></div><p>If the Fed decides to adopt a dovish approach, then metals and mining firm <strong>BHP</strong> (NYSE:<a href="https://investorplace.com/stock-quotes/bhp-stock-quote/"><strong>BHP</strong></a>) could be one of the top stocks to buy on rate cut. One of the key reasons I say this is because of BHP&rsquo;s uranium business. For the past few months, a critical supply issue in Kazakhstan &ndash; a major supplier of uranium &ndash; saw the sector skyrocket. Now, things have started to somewhat calm down but they shouldn&rsquo;t.</p>



<p>According to an article by <em>The Washington Post</em>, the boom in artificial intelligence and clean-technology manufacturing has <a href="https://www.washingtonpost.com/business/2024/03/07/ai-data-centers-power/">pushed the nation&rsquo;s power grid to the brink</a>. Utility firms can&rsquo;t keep up with the demand. That means nuclear power will likely enter the forefront. Scientifically, nuclear fuel commands exponentially massive energy density. So, if we have power issues, uranium must be part of the solution.</p>



<p>For full disclosure, it&rsquo;s a risky idea. Yes, BHP stock carries a <a href="https://www.tipranks.com/stocks/bhp/forecast">moderate buy consensus</a> view among covering analysts. However, the average price target of $44.94 implies significant downside risk. However, the forecast might not reflect the severe power crisis. Thus, it could be one of the stocks to buy on rate cut.</p>



<h2>Phillips 66 (PSX)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2019/10/psx-stock-300x169.jpg" alt="Phillips 66 gas station in the daytime"><div>Source: Jonathan Weiss / Shutterstock.com</div></div><p>If the U.S. central bank goes for an accommodative monetary policy, <strong>Phillips 66</strong> (NYSE:<a href="https://investorplace.com/stock-quotes/psx-stock-quote/"><strong>PSX</strong></a>) should definitely be on your radar. Yes, PSX has already enjoyed an incredible run this year. However, if money velocity accelerates from policy shifts, then it could rank among the stocks to buy on rate cut.</p>



<p>Generally, if prices of commonly purchased consumer goods and services rise, the underlying sectors should see demand decrease. However, hydrocarbon fuels represent an energy commodity that most people can&rsquo;t live without. Sure, electric vehicle sales are increasing but they&rsquo;re not increasing enough to make downstream oil and gas companies irrelevant.</p>



<p>Further, Phillips 66 may cynically benefit from geopolitical dynamics. Basically, the military conflict in Eastern Europe shows no sign of abating. The crisis could easily translate to western nations seeing their oil imports decline, which could skyrocket prices. Such a hike would also materialize at an awkward time.</p>



<p>For full disclosure, analysts see revenue erosion in fiscal 2024. However, I believe this is overlooking the broader context.</p>



<h2>CarMax (KMX)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2019/10/kmx-stock-1-300x169.jpg" alt="a Carmax (KMX) sign on a storefront"><div>Source: Jonathan Weiss / Shutterstock.com</div></div><p>Should borrowing costs finally fall, <strong>CarMax</strong> (NYSE:<a href="https://investorplace.com/stock-quotes/kmx-stock-quote/"><strong>KMX</strong></a>) could be one of the stocks to buy on rate cut. Granted, it&rsquo;s a risky narrative. As a used-car dealership, CarMax faces viability concerns. Looking at statistics such as credit card debt, it&rsquo;s apparent that many Americans have stretched themselves to make ends meet. They&rsquo;re not exactly in the mood to buy a car.</p>



<p>Then again, vehicles don&rsquo;t last forever. At some point, the repairs to keep cars roadworthy simply isn&rsquo;t worth the price. Moreover, with reduced borrowing costs, consumers should be able to afford nicer vehicles. Well, check that &ndash; they&rsquo;ll be able to finance <em>nicer</em> vehicles. Considering that we live in a buy now, pay later society, I can see CarMax sales rising.</p>



<p>Of course, it must be reiterated that the bullish argument for KMX stock is incredibly risky. For example, analysts see fiscal 2024 revenue reaching only $26.76 billion. That&rsquo;s almost 10% down from last year&rsquo;s print. Still, a monetary policy pivot is a major deal. Therefore, KMX could be one of the stocks to buy on rate cut.</p>



<h2>B2Gold (BTG)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2019/08/btg-stock-1-300x169.jpg" alt="b2gold (BTG) logo on a web browser enlarged by a magnifying glass"><div>Source: Pavel Kapysh / Shutterstock.com</div></div><p>Falling under the basic materials industry, <strong>B2Gold</strong> (NYSEAMERICAN:<a href="https://investorplace.com/stock-quotes/btg-stock-quote/"><strong>BTG</strong></a>) as the name suggests is a gold producer. As such, it&rsquo;s an obvious idea for stocks to buy on rate cut. Accelerated money velocity should bode well for commodities, especially the precious metals. Further, the rise of <a href="https://investorplace.com/industries/technology/">tech stocks</a> means that gold demand may be augmented by multiple catalysts, not just inflation-related concerns.</p>



<p>After all, gold being an excellent conductor of heat and electricity is well represented in the electronics space. Combine that with monetary policy risks and the yellow metal could perform quite well this year. Indeed, the precious metal has enjoyed a strong run since the beginning of January. As economic jitters increase, gold miners should start accruing the benefits.</p>



<p>To be fair, BTG suffered a slow start to 2024. Much of the pensiveness is related to analysts&rsquo; less-than-encouraging fiscal 2024 revenue forecast of $1.76 billion. That&rsquo;s off 9.2% from last year&rsquo;s print. Still, the soaring gold price may require a revisiting of this assessment.</p>



<p><em>On the date of publication, Josh Enomoto</em><em> did not have (either directly or indirectly) any positions in the securities mentioned in this article.&nbsp;</em><em>The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com&nbsp;</em><a href="https://investorplace.com/corporate/investorplace-publishing-guidelines/" target="_blank"><em>Publishing Guidelines</em></a><em>.</em><em></em></p>
<div><p>A former senior business analyst for Sony Electronics, Josh Enomoto has helped broker major contracts with Fortune Global 500 companies. Over the past several years, he has delivered unique, critical insights for the investment markets, as well as various other industries including legal, construction management, and healthcare. Tweet him at @EnomotoMedia.</p></div><h3>More From InvestorPlace</h3>
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<p>The post <a href="https://investorplace.com/2024/04/7-stocks-that-should-outperform-on-the-next-fed-rate-cut/">7 Stocks That Should Outperform on the Next Fed Rate Cut</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.</p>

7 Stocks That Should Outperform on the Next Fed Rate Cut

<p><a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a></p>
<p>The case for boring stocks to buy stems from good news that could actually be bad news. Yes, we&rsquo;re playing that silly game again.</p>



<p>As <em>InvestorPlace&rsquo;s</em> Shrey Dua mentioned, Wall Street is <a href="https://investorplace.com/2024/04/recession-vs-rate-cut-what-does-the-march-jobs-report-means-for-stocks/">divided over the March jobs report</a>. On one hand, the latest print &ndash; 303,000 nonfarm payrolls added &ndash; demonstrates continued strength in the economy. That was more than 100,000 jobs above analysts&rsquo; expectations. But on the other hand, the robust figures also mean that the Federal Reserve might not lower interest rates.</p>



<p>Yes, the central bank claimed earlier that inflation was tracking along encouragingly. However, with gold and oil prices rising, that might not be the case any longer. For those who are feeling jittery about the potential paradigm shift, these are the boring stocks to buy.</p>



<h2>Grocery Outlet (GO)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2022/06/comsumer-goods-grocery-store-1600-300x169.png" alt="Empty grocery cart in a grocery store aisle. Consumer goods."><div>Source: gyn9037 / Shutterstock</div></div><p>Fundamentally, <strong>Grocery Outlet</strong> (NASDAQ:<a href="https://investorplace.com/stock-quotes/go-stock-quote/"><strong>GO</strong></a>) aligns with a irrefutable logic: we all have to eat. Not only that, GO stock aligns with a financial logic. Many of us have to eat as cheaply as possible. Given that the company offers consumable and fresh products through an independent operated store system along with discounted prices, the business model is exceptionally compelling.</p>



<p>I understand that the analysts don&rsquo;t particularly care for it. Right now, they rate shares as a <a href="https://www.tipranks.com/stocks/go/forecast">consensus hold</a>. I&rsquo;m not entirely sure why that is. On the financial performance front, it&rsquo;s doing quite well. For one thing, the company beat all its quarterly bottom-line targets for fiscal 2023. Further, the average positive earnings surprise landed at nearly 17%.</p>



<p>For the current fiscal year, experts believe that earnings per share will come in at $1.17. That&rsquo;s an improvement over last year&rsquo;s result of $1.07. Further, they&rsquo;re looking at a sales target of $4.34 billion, up 9.2% from 2023&rsquo;s haul of $3.97 billion. With the relevant business, GO is one of the boring stocks to buy.</p>



<h2>Ross Stores (ROST)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2019/07/ROST1600-300x169.jpg" alt="Photo of the storefront of a Ross store"><div>Source: Shutterstock</div></div><p>A discount retailer, <strong>Ross Stores</strong> (NASDAQ:<a href="https://investorplace.com/stock-quotes/rost-stock-quote/"><strong>ROST</strong></a>) definitely belongs on your list of boring stocks to buy. Primarily, it rises to the forefront because of its business model. The company takes overstock brand-name products and sells them to customers at discounted prices. It&rsquo;s a symbiotic relationship, with the brand names happy to move not-moving inventory while customers get quality products for less.</p>



<p>I like to think that everyone wins and that may especially be the case if inflation continues to rise higher. That&rsquo;s because with higher costs, companies will be looking to cut overhead. We&rsquo;ve already seen major technology enterprises issue pink slips despite the innovation ecosystem benefiting from major equity booms. Bottom line, people will be out looking for new jobs. So, they&rsquo;re going to need to dress up their office attire &ndash; and cheaply.</p>



<p>For me, Ross Stores is practically a no-brainer investment. Last fiscal year, the company&rsquo;s average positive earnings surprise came out to nearly 9%. This year, experts are looking for EPS of $5.94, an improvement over last year&rsquo;s $5.56. Also, revenue should hit $21.25 billion, up 4.3% year-over-year.</p>



<h2>Costco (COST)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2020/03/cost1600-300x169.jpg" alt="A Costco Wholesale (COST) warehouse in Auburn Hills, Michigan."><div>Source: ilzesgimene / Shutterstock.com</div></div><p>In my opinion, membership-only big-box retailer <strong>Costco</strong> (NASDAQ:<a href="https://investorplace.com/stock-quotes/cost-stock-quote/"><strong>COST</strong></a>) practically sells itself as one of the boring stocks to buy. If you visit any Costco, it absolutely is boring. It&rsquo;s a suburban utopia or perdition, depending on your perspective. Still, what I love about COST stock is that the underlying enterprise commands a high-income membership base.</p>



<p>If inflation gets out of control, Costco shoppers will likely be the last to be impacted severely. These are not paycheck-to-paycheck type of folks. Rather, they&rsquo;re rebalancing their 401K people. It&rsquo;s a more sophisticated consumer base, to put it diplomatically. And that often equates to higher educational attainment along with bigger salaries.</p>



<p>Now, Costco did incur a bum note for the quarter ended May 30, 2023. However, in the three quarters since then, the average positive earnings surprise came out to 4.83%. Looking to the current fiscal year, experts project EPS of $16.16, above last year&rsquo;s $14.16.</p>



<p>Also, revenue should hit $254.17 billion, up 4.9% YOY. And fiscal 2025&rsquo;s revenue could be $272.34 billion. It&rsquo;s a compelling example of boring stocks to buy.</p>



<h2>Ollie&rsquo;s Bargain Outlet (OLLI)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2019/11/olli-stock-1-300x169.jpg" alt="The exterior of an Ollie's Bargain outlet retail location"><div>Source: George Sheldon / Shutterstock.com</div></div><p>Of course, not everyone has the luxury of shopping at Costco or wants to. And as we&rsquo;ve seen with the <a href="https://techcrunch.com/2024/04/05/tech-layoffs-2023-list/">tech layoffs</a>, even lifelong Costco shoppers might not be so safe. For these and myriad other reasons, we have <strong>Ollie&rsquo;s Bargain Outlet</strong> (NASDAQ:<a href="https://investorplace.com/stock-quotes/olli-stock-quote/"><strong>OLLI</strong></a>). If you&rsquo;re worried about the impact that inflation might have on your portfolio, OLLI stock should be watched closely.</p>



<p>Yes, there are competing discount dollar stores. Arguably, most of them stink when stacked against Ollie&rsquo;s. In part, that&rsquo;s because the company features <a href="https://www.tipranks.com/news/article/why-ollies-bargain-outlet-stock-nasdaqolli-is-outperforming-its-rivals">higher margins</a> compared to pure-play discount dollar stores. Stated differently, the discount specialists may be discounting too much, thus ironically hurting the business. Also, Ollie&rsquo;s has the advantage of offering name-brand products but at a cheaper price.</p>



<p>Predictably, the financial performance is strong. In fiscal 2023, Ollie&rsquo;s posted an average earnings surprise of 8.6% above analysts&rsquo; expectations. For the current fiscal year, experts believe that EPS will reach $3.18, above last year&rsquo;s result of $2.91.</p>



<p>Lastly, revenue could hit $2.27 billion, 7.7% above last year&rsquo;s $2.1 billion in sales. It&rsquo;s one of the boring stocks to buy.</p>



<h2>Microsoft (MSFT)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2023/10/msft1600-1-300x169.png" alt="Microsoft logo close up. Microsoft (MSFT) Flagship Store Fifth Avenue, Manhattan, NYC."><div>Source: The Art of Pics / Shutterstock.com</div></div><p>There are many reasons to acquire shares of <strong>Microsoft</strong> (NASDAQ:<a href="https://investorplace.com/stock-quotes/msft-stock-quote/"><strong>MSFT</strong></a>). Not only that, some might object to calling MSFT one of the boring stocks to buy because of its investments. Microsoft has poured in billions in artificial intelligence and that has clearly paid dividends (in a metaphorical sense &ndash; no one&rsquo;s celebrating its measly 0.7% forward yield).</p>



<p>However, the reason that I do like MSFT under the context of this article is very much boring. Yes, AI, schmay-I&hellip;what I&rsquo;m looking at is its Software as a Service (SaaS). Specifically, its Microsoft Office 365 may see increased demand due to the expansion of the gig economy. You see, with many people being laid off, some might not be so eager to climb the corporate ladder again.</p>



<p>Indeed, I bet that many folks will instead look to forging their own path as independent contractors. It&rsquo;s one of the many reasons why the gig economy could expand at a compound annual growth rate of 16.18% to <a href="https://www.businessresearchinsights.com/market-reports/gig-economy-market-102503">hit a valuation of $1.86 trillion by 2031</a>.</p>



<p>Analysts are looking for Microsoft to produce EPS of $11.65 on revenue of $244.22 billion. These numbers may be foregone conclusions.</p>



<h2>Sempra (SRE)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2022/03/sre-sempra-energy-1600-300x169.png" alt="The logo for Sempra (SRE) is seen at the top of an office building."><div>Source: Michael Vi / Shutterstock.com</div></div><p>One of the easy names to consider when it comes to boring stocks to buy, <strong>Sempra</strong> (NYSE:<a href="https://investorplace.com/stock-quotes/sre-stock-quote/"><strong>SRE</strong></a>) is a utility giant. It focuses on key markets in Southern California, particularly San Diego. Fundamentally, Sempra benefits from two bullish catalysts. Number one, it enjoys a natural monopoly. The business is entrenched and would-be competitors face a mountain of barriers such as regulatory considerations.</p>



<p>Number two, Sempra benefits from favorable population dynamics. Yes, the Southern California real estate market is red hot, arguably overpriced. Yet San Diego in particular continues to see <a href="https://www.macrotrends.net/global-metrics/cities/23129/san-diego/population#:~:text=The%20current%20metro%20area%20population,a%200.7%25%20increase%20from%202021.">rising population growth</a> and this expansion <a href="https://www.axios.com/local/san-diego/2023/08/14/san-diego-population-decline-forecast">might not abate until 2042</a>. You know what that means? A darn long upside pathway.</p>



<p>So, when analysts project current fiscal year EPS to hit $4.80 (an improvement over last year&rsquo;s $4.61), I believe it. When they state, though, that revenue will decline 1% year-over-year to $16.55 billion, I don&rsquo;t believe it. The fundamental stats suggest otherwise.</p>



<p>Even if you don&rsquo;t assume growth, Sempra&rsquo;s forward yield of 3.53% adds to the overall bullish case. It&rsquo;s one of the boring stocks to buy.</p>



<h2>Philip Morris (PM)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2022/05/pm-1600-300x169.png" alt="Philip Morris factory offices in Lithuania. PM stock."><div>Source: Vytautas Kielaitis / Shutterstock</div></div><p>Ah yes, the controversial <strong>Philip Morris</strong> (NYSE:<a href="https://investorplace.com/stock-quotes/pm-stock-quote/"><strong>PM</strong></a>). As a tobacco giant, Philip Morris may be one of the boring stocks to buy. However, it generates excitement in the political realm (though not of the good kind). With anti-tobacco advocacy groups performing an excellent job of awareness of the underlying commodity&rsquo;s health risks, PM stock seems an unusually silly investment.</p>



<p>Yes, traditional cigarette-smoking stats don&rsquo;t necessarily augur well for the tobacco ecosystem. However, the fading prevalence doesn&rsquo;t mean that there are no tobacco users whatsoever. Further, as the world becomes more diverse, prevalence rates may change due to shifting cultural standards. Also, Philip Morris stands to benefit from the <a href="https://www.aafp.org/news/health-of-the-public/young-adults-e-cigarettes.html#:~:text=Estimates%20of%20annual%20National%20Health,from%2015.5%20million%20products%20per">enormous popularity of vaping</a>. Like it or not, that&rsquo;s a big catalyst for PM.</p>



<p>Subsequently, analysts are calling for EPS of $6.40 on sales of $37.24 billion for the current fiscal year. Last year, the stats were $6.01 EPS on revenue of $35.25 billion. That&rsquo;s a decent improvement and believable based on elements such as vaping.</p>



<p>Plus, the company pays a nice forward dividend of 5.64%.</p>



<p><em>On the date of publication, Josh Enomoto</em><em> did not have (either directly or indirectly) any positions in the securities mentioned in this article.&nbsp;</em><em>The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com&nbsp;</em><a href="https://investorplace.com/corporate/investorplace-publishing-guidelines/" target="_blank"><em>Publishing Guidelines</em></a><em>.</em><em></em></p>
<div><p>A former senior business analyst for Sony Electronics, Josh Enomoto has helped broker major contracts with Fortune Global 500 companies. Over the past several years, he has delivered unique, critical insights for the investment markets, as well as various other industries including legal, construction management, and healthcare. Tweet him at @EnomotoMedia.</p></div><h3>More From InvestorPlace</h3>
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