Rockefeller Capital Management L.P. boosted its position in shares of Sempra Energy (NYSE:SRE – Free Report) by 41.6% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 500,272 shares of the utilities provider’s stock after buying an additional 146,929 shares during the period. Rockefeller Capital Management L.P.’s holdings in Sempra Energy were worth $44,175,000 at the end of the most recent quarter.
Several other hedge funds have also recently bought and sold shares of the company. Ares Financial Consulting LLC acquired a new position in shares of Sempra Energy in the 4th quarter valued at approximately $26,000. Clal Insurance Enterprises Holdings Ltd boosted its position in shares of Sempra Energy by 57.7% during the 4th quarter. Clal Insurance Enterprises Holdings Ltd now owns 347 shares of the utilities provider’s stock worth $31,000 after acquiring an additional 127 shares in the last quarter. Key Financial Inc increased its stake in Sempra Energy by 73.6% in the fourth quarter. Key Financial Inc now owns 361 shares of the utilities provider’s stock valued at $32,000 after acquiring an additional 153 shares during the last quarter. Annis Gardner Whiting Capital Advisors LLC raised its position in Sempra Energy by 83.0% during the fourth quarter. Annis Gardner Whiting Capital Advisors LLC now owns 355 shares of the utilities provider’s stock valued at $32,000 after purchasing an additional 161 shares in the last quarter. Finally, Board of the Pension Protection Fund acquired a new position in Sempra Energy during the fourth quarter valued at approximately $35,000. 89.65% of the stock is owned by institutional investors.
Insider Transactions at Sempra Energy
In other Sempra Energy news, EVP Justin Christopher Bird sold 1,128 shares of the stock in a transaction dated Wednesday, April 1st. The stock was sold at an average price of $96.69, for a total value of $109,066.32. Following the completion of the transaction, the executive vice president directly owned 21,632 shares in the company, valued at approximately $2,091,598.08. This trade represents a 4.96% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Caroline Ann Winn sold 8,000 shares of the stock in a transaction dated Wednesday, June 17th. The shares were sold at an average price of $90.55, for a total value of $724,400.00. Following the completion of the transaction, the executive vice president owned 25,164 shares of the company’s stock, valued at $2,278,600.20. This represents a 24.12% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 15,028 shares of company stock worth $1,370,273. 0.31% of the stock is currently owned by insiders.
Sempra Energy Stock Performance
Sempra Energy (NYSE:SRE – Get Free Report) last posted its earnings results on Thursday, May 7th. The utilities provider reported $1.51 earnings per share for the quarter, hitting analysts’ consensus estimates of $1.51. The firm had revenue of $3.65 billion for the quarter, compared to analysts’ expectations of $4.10 billion. Sempra Energy had a net margin of 14.31% and a return on equity of 8.20%. The company’s revenue was down 3.9% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.44 earnings per share. Sempra Energy has set its FY 2027 guidance at 5.100-5.700 EPS and its FY 2026 guidance at 4.870-5.370 EPS. On average, equities analysts forecast that Sempra Energy will post 5.11 earnings per share for the current fiscal year.
Sempra Energy Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 15th. Investors of record on Thursday, June 25th will be given a dividend of $0.6575 per share. The ex-dividend date is Thursday, June 25th. This represents a $2.63 dividend on an annualized basis and a yield of 2.9%. Sempra Energy’s payout ratio is currently 89.15%.
Wall Street Analysts Forecast Growth
Several research firms have weighed in on SRE. Weiss Ratings restated a “hold (c+)” rating on shares of Sempra Energy in a research note on Monday, April 20th. BMO Capital Markets lowered their price target on Sempra Energy from $105.00 to $103.00 and set an “outperform” rating for the company in a report on Monday, May 11th. Wall Street Zen raised Sempra Energy from a “sell” rating to a “hold” rating in a research note on Saturday, June 13th. Morgan Stanley set a $104.00 price objective on Sempra Energy and gave the company an “overweight” rating in a research note on Tuesday, April 21st. Finally, Truist Financial set a $104.00 target price on Sempra Energy and gave the company a “buy” rating in a research report on Monday, May 18th. One investment analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $102.67.
Read Our Latest Stock Analysis on Sempra Energy
About Sempra Energy
Sempra Energy is a San Diego–based energy infrastructure company that develops, owns and operates businesses delivering electricity and natural gas. Its operations include regulated utility services that provide electric and gas distribution to residential, commercial and industrial customers, as well as non‑regulated infrastructure businesses that develop and manage large-scale energy assets.
The company’s product and service portfolio spans electricity and natural gas delivery, transmission and storage, liquefied natural gas (LNG) facilities, power generation and electric transmission projects.
Read More
- Five stocks we like better than Sempra Energy
- 3 Retail Winners Using Cash Flow to Stay Ahead
- 3 Tech ETFs That Could Bounce Back After the AI Selloff
- 3 Penny Stocks Under $5 Backed by Real Revenue Growth
- 3 Non-Pharma Firms That Could Benefit From the GLP-1 Trend
Want to see what other hedge funds are holding SRE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Sempra Energy (NYSE:SRE – Free Report).
Receive News & Ratings for Sempra Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sempra Energy and related companies with MarketBeat.com's FREE daily email newsletter.
