Flputnam Investment Management Co. Buys New Shares in Sempra Energy $SRE

Flputnam Investment Management Co. purchased a new position in shares of Sempra Energy (NYSE:SREFree Report) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 24,661 shares of the utilities provider’s stock, valued at approximately $2,286,000.

A number of other institutional investors and hedge funds have also bought and sold shares of the business. Bell Investment Advisors Inc raised its stake in shares of Sempra Energy by 79.5% during the first quarter. Bell Investment Advisors Inc now owns 262 shares of the utilities provider’s stock worth $25,000 after acquiring an additional 116 shares in the last quarter. Frazier Financial Advisors LLC purchased a new stake in shares of Sempra Energy in the 2nd quarter valued at $25,000. Edmond DE Rothschild Holding S.A. bought a new position in shares of Sempra Energy during the 2nd quarter valued at $27,000. Silvant Capital Management LLC bought a new position in shares of Sempra Energy during the 2nd quarter valued at $28,000. Finally, Clal Insurance Enterprises Holdings Ltd raised its position in 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. 89.65% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other news, EVP Caroline Ann Winn sold 8,000 shares of Sempra Energy 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 approximately $2,278,600.20. This trade represents a 24.12% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 0.31% of the company’s stock.

Analyst Ratings Changes

SRE has been the subject of several recent research reports. BMO Capital Markets set a $102.00 price target on shares of Sempra Energy and gave the stock an “outperform” rating in a research note on Wednesday, July 22nd. Morgan Stanley decreased their price objective on Sempra Energy from $108.00 to $104.00 and set an “overweight” rating on the stock in a report on Friday, August 21st. Wall Street Zen raised Sempra Energy from a “sell” rating to a “hold” rating in a research note on Saturday, July 25th. Barclays dropped their target price on Sempra Energy from $105.00 to $103.00 and set an “overweight” rating for the company in a report on Thursday, July 9th. Finally, Truist Financial set a $100.00 price target on Sempra Energy and gave the stock a “buy” rating in a research report on Thursday, August 13th. One analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat.com, Sempra Energy has a consensus rating of “Moderate Buy” and an average target price of $103.62.

Check Out Our Latest Research Report on SRE

Sempra Energy Stock Performance

Shares of NYSE:SRE opened at $84.25 on Monday. 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 company has a 50-day moving average price of $89.67 and a 200-day moving average price of $92.14. The company has a market cap of $55.09 billion, a price-to-earnings ratio of 24.42, a price-to-earnings-growth ratio of 2.03 and a beta of 0.57. Sempra Energy has a 12 month low of $78.97 and a 12 month high of $101.04.

Sempra Energy (NYSE:SREGet Free Report) last posted its earnings results 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. Sempra Energy had a return on equity of 8.49% and a net margin of 16.70%.The company had revenue of $3 billion for the quarter, compared to analysts’ expectations of $3.14 billion. During the same period last year, the firm earned $0.89 earnings per share. Sempra Energy’s quarterly revenue was down .1% on a year-over-year basis. 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. As a group, equities analysts anticipate that Sempra Energy will post 5.12 EPS for the current year.

Sempra Energy Profile

(Free Report)

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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Institutional Ownership by Quarter for Sempra Energy (NYSE:SRE)

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