Sempra SRE

Sempra Energy reported robust first-quarter earnings for 2026, achieving an EPS of $2.91 that beat estimates by $0.11 and total revenue of $3.82 billion, exceeding expectations by $408.3 million. This performance reflects a 17.2% increase in revenue year-on-year, solidifying Sempra's reputation as a leading infrastructure stock amidst growing hedge fund interest, with 23 firms holding positions valued at around $209 million. The company's commitment to enhancing its infrastructure remains evident through a substantial $65 billion capital plan, aimed at modernizing operations and supporting its ambitious growth trajectory despite previous revenue challenges.