Fifth Third Bancorp raised its stake in Sempra Energy (NYSE:SRE – Free Report) by 354.6% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 182,132 shares of the utilities provider’s stock after buying an additional 142,064 shares during the period. Fifth Third Bancorp’s holdings in Sempra Energy were worth $17,698,000 as of its most recent SEC filing.
Other institutional investors and hedge funds also recently made changes to their positions in the company. Bell Investment Advisors Inc increased its position in Sempra Energy by 79.5% during the 1st quarter. Bell Investment Advisors Inc now owns 262 shares of the utilities provider’s stock valued at $25,000 after purchasing an additional 116 shares during the period. Ares Financial Consulting LLC acquired a new position in shares of Sempra Energy in the 4th quarter worth approximately $26,000. Clal Insurance Enterprises Holdings Ltd lifted its position in shares of Sempra Energy by 57.7% in the 4th quarter. Clal Insurance Enterprises Holdings Ltd now owns 347 shares of the utilities provider’s stock worth $31,000 after purchasing an additional 127 shares during the period. Annis Gardner Whiting Capital Advisors LLC boosted its stake in shares of Sempra Energy by 83.0% in the 4th 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 during the last quarter. Finally, Key Financial Inc boosted its stake in shares of Sempra Energy by 73.6% in the 4th quarter. Key Financial Inc now owns 361 shares of the utilities provider’s stock valued at $32,000 after purchasing an additional 153 shares during the last quarter. Institutional investors and hedge funds own 89.65% of the company’s stock.
Insider Buying and Selling
In other Sempra Energy news, insider Diana L. Day sold 3,300 shares of the business’s stock in a transaction on Thursday, May 14th. The stock was sold at an average price of $92.13, for a total value of $304,029.00. Following the transaction, the insider owned 22,870 shares of the company’s stock, valued at approximately $2,107,013.10. The trade was a 12.61% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Caroline Ann Winn sold 8,000 shares of the company’s stock in a transaction on 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 trade represents a 24.12% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 13,900 shares of company stock worth $1,261,207. 0.31% of the stock is owned by company insiders.
Sempra Energy Trading Up 0.2%
Sempra Energy (NYSE:SRE – Get Free Report) last posted its earnings results on Thursday, May 7th. The utilities provider reported $1.51 EPS for the quarter, hitting the consensus estimate of $1.51. Sempra Energy had a net margin of 14.31% and a return on equity of 8.20%. The firm had revenue of $3.65 billion for the quarter, compared to analysts’ expectations of $4.10 billion. During the same quarter last year, the firm earned $1.44 EPS. The company’s quarterly revenue was down 3.9% compared to the same quarter last year. 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 expect that Sempra Energy will post 5.11 earnings per share for the current fiscal year.
Sempra Energy Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Wednesday, July 15th. Investors of record on Thursday, June 25th will be issued a dividend of $0.6575 per share. This represents a $2.63 dividend on an annualized basis and a yield of 2.8%. The ex-dividend date is Thursday, June 25th. Sempra Energy’s dividend payout ratio (DPR) is 89.15%.
Analyst Upgrades and Downgrades
SRE has been the subject of several recent analyst reports. TD Cowen initiated coverage on shares of Sempra Energy in a research report on Wednesday, July 8th. They set a “buy” rating for the company. Morgan Stanley reissued an “overweight” rating and issued a $105.00 price objective on shares of Sempra Energy in a research report on Wednesday, June 24th. Wall Street Zen downgraded Sempra Energy from a “hold” rating to a “sell” rating in a research note on Saturday, July 4th. Barclays cut their target price on Sempra Energy from $105.00 to $103.00 and set an “overweight” rating on the stock in a research report on Thursday, July 9th. Finally, Wells Fargo & Company reaffirmed an “overweight” rating and set a $118.00 target price on shares of Sempra Energy in a research note on Tuesday, April 21st. One research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and four have issued a Hold rating to the company. According to MarketBeat.com, Sempra Energy presently has an average rating of “Moderate Buy” and an average price target of $103.15.
View Our Latest Report on Sempra Energy
Sempra Energy Company Profile
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.
See Also
- Five stocks we like better than Sempra Energy
- The SK Hynix IPO and 2027’s AI Memory Squeeze
- Meta Platforms Stock Rises as Muse Spark 1.1 AI Model Debuts
- Why Welltower’s Growth Story Might Outrun Its Rich Valuation
- One Short- and One Long-Term ETF for Quantum Computing Bulls
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.
