Mitsubishi UFJ Asset Management Co. Ltd. bought a new position in Sempra Energy (NYSE:SRE – Free Report) in the second quarter, according to the company in its most recent filing with the SEC. The fund bought 1,829,061 shares of the utilities provider’s stock, valued at approximately $169,572,000. Mitsubishi UFJ Asset Management Co. Ltd. owned 0.28% of Sempra Energy as of its most recent filing with the SEC.
A number of other hedge funds have also recently modified their holdings of the business. Carnegie Investment Counsel increased its position in Sempra Energy by 15.5% during the 1st quarter. Carnegie Investment Counsel now owns 167,391 shares of the utilities provider’s stock valued at $16,265,000 after buying an additional 22,408 shares in the last quarter. Dockside LLC acquired a new position in shares of Sempra Energy in the 4th quarter valued at $3,938,000. Magellan Asset Management Ltd raised its holdings in Sempra Energy by 4.2% in the 1st quarter. Magellan Asset Management Ltd now owns 2,258,369 shares of the utilities provider’s stock worth $219,446,000 after purchasing an additional 91,519 shares during the period. Fideuram Intesa Sanpaolo Private Banking S.P.A. purchased a new position in shares of Sempra Energy during the 4th quarter valued at approximately $3,289,000. Finally, Bank of America Corp DE increased its stake in shares of Sempra Energy by 16.1% during the first quarter. Bank of America Corp DE now owns 10,385,174 shares of the utilities provider’s stock worth $1,009,127,000 after purchasing an additional 1,441,981 shares in the last quarter. Institutional investors own 89.65% of the company’s stock.
Insider Activity
In related news, EVP Caroline Ann Winn sold 8,000 shares of the firm’s stock in a transaction that occurred on Wednesday, June 17th. The stock was sold at an average price of $90.55, for a total value of $724,400.00. Following the sale, the executive vice president directly owned 25,164 shares in the company, valued at $2,278,600.20. This trade represents a 24.12% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 0.31% of the company’s stock.
Analyst Ratings Changes
View Our Latest Stock Report on Sempra Energy
Sempra Energy Price Performance
Shares of SRE opened at $85.97 on Tuesday. The stock’s 50 day moving average is $90.77 and its two-hundred day moving average is $92.26. The company has a current ratio of 1.64, a quick ratio of 1.62 and a debt-to-equity ratio of 0.78. The firm has a market capitalization of $56.22 billion, a PE ratio of 24.92, a P/E/G ratio of 2.08 and a beta of 0.57. Sempra Energy has a twelve month low of $78.97 and a twelve month high of $101.04.
Sempra Energy (NYSE:SRE – Get Free Report) last issued its quarterly earnings data on Thursday, August 6th. The utilities provider reported $1.16 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.01 by $0.15. The firm had revenue of $3 billion during the quarter, compared to the consensus estimate of $3.14 billion. Sempra Energy had a return on equity of 8.49% and a net margin of 16.70%.The company’s quarterly revenue was down .1% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.89 EPS. Sempra Energy has set its FY 2027 guidance at 5.100-5.700 EPS and its FY 2026 guidance at 4.800-5.300 EPS. Research analysts anticipate that Sempra Energy will post 5.12 earnings per share for the current year.
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.
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