Fideuram Intesa Sanpaolo Private Banking S.P.A. boosted its stake in Sempra Energy (NYSE:SRE – Free Report) by 28.0% in the first quarter, HoldingsChannel reports. The firm owned 47,674 shares of the utilities provider’s stock after buying an additional 10,423 shares during the period. Fideuram Intesa Sanpaolo Private Banking S.P.A.’s holdings in Sempra Energy were worth $4,632,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors have also recently bought and sold shares of SRE. Empowered Funds LLC boosted its stake in Sempra Energy by 52.5% during the 1st quarter. Empowered Funds LLC now owns 18,008 shares of the utilities provider’s stock valued at $1,285,000 after purchasing an additional 6,196 shares during the last quarter. Woodline Partners LP lifted its holdings in shares of Sempra Energy by 40.7% in the first quarter. Woodline Partners LP now owns 53,512 shares of the utilities provider’s stock valued at $3,819,000 after purchasing an additional 15,474 shares in the last quarter. Baird Financial Group Inc. lifted its holdings in shares of Sempra Energy by 6.2% in the second quarter. Baird Financial Group Inc. now owns 14,699 shares of the utilities provider’s stock valued at $1,114,000 after purchasing an additional 858 shares in the last quarter. Cary Street Partners Financial LLC boosted its position in shares of Sempra Energy by 78.5% during the second quarter. Cary Street Partners Financial LLC now owns 771 shares of the utilities provider’s stock valued at $58,000 after buying an additional 339 shares during the last quarter. Finally, Sei Investments Co. boosted its position in shares of Sempra Energy by 80.0% during the second quarter. Sei Investments Co. now owns 423,280 shares of the utilities provider’s stock valued at $32,072,000 after buying an additional 188,131 shares during the last quarter. 89.65% of the stock is owned by institutional investors.
Analysts Set New Price Targets
Several equities research analysts recently issued reports on SRE shares. Truist Financial set a $104.00 price target on Sempra Energy and gave the stock a “buy” rating in a report on Monday, May 18th. Weiss Ratings restated a “hold (c+)” rating on shares of Sempra Energy in a research note on Monday, April 20th. Wall Street Zen downgraded shares of Sempra Energy from a “hold” rating to a “sell” rating in a report on Saturday. Morgan Stanley reiterated an “overweight” rating and issued a $105.00 target price on shares of Sempra Energy in a research note on Wednesday, June 24th. Finally, Barclays reiterated an “overweight” rating and issued a $105.00 target price (up from $95.00) on shares of Sempra Energy in a report on Wednesday, April 15th. One investment analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat.com, Sempra Energy presently has a consensus rating of “Moderate Buy” and an average target price of $102.75.
Sempra Energy Stock Down 0.1%
Sempra Energy stock opened at $93.01 on Friday. Sempra Energy has a twelve month low of $73.18 and a twelve month high of $101.04. The firm has a 50 day moving average price of $91.82 and a 200-day moving average price of $91.90. The company has a market capitalization of $60.80 billion, a P/E ratio of 31.53, a P/E/G ratio of 2.24 and a beta of 0.56. The company has a quick ratio of 1.66, a current ratio of 1.69 and a debt-to-equity ratio of 0.78.
Sempra Energy (NYSE:SRE – Get Free Report) last issued its quarterly earnings results on Thursday, May 7th. The utilities provider reported $1.51 earnings per share (EPS) for the quarter, hitting the consensus estimate of $1.51. The company had revenue of $3.65 billion during the quarter, compared to analyst estimates of $4.10 billion. Sempra Energy had a net margin of 14.31% and a return on equity of 8.20%. Sempra Energy’s quarterly revenue was down 3.9% compared to the same quarter last year. During the same quarter last year, the business posted $1.44 EPS. 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. As a group, equities analysts predict that Sempra Energy will post 5.11 EPS for the current year.
Sempra Energy Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 15th. Investors of record on Thursday, June 25th will be paid a dividend of $0.6575 per share. This represents a $2.63 dividend on an annualized basis and a dividend yield of 2.8%. The ex-dividend date is Thursday, June 25th. Sempra Energy’s payout ratio is presently 89.15%.
Insiders Place Their Bets
In other news, Director Pablo Ferrero sold 2,600 shares of the stock in a transaction on Monday, May 18th. The shares were sold at an average price of $89.53, for a total value of $232,778.00. Following the transaction, the director owned 15,423 shares of the company’s stock, valued at $1,380,821.19. This represents a 14.43% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, EVP Caroline Ann Winn sold 8,000 shares of the firm’s stock in a transaction on Wednesday, June 17th. The shares were sold at an average price of $90.55, for a total transaction of $724,400.00. Following the sale, the executive vice president 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 SEC filing for this sale provides additional information. Insiders have sold 13,900 shares of company stock worth $1,261,207 in the last three months. 0.31% of the stock is currently owned by corporate insiders.
Sempra Energy 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.
Read More
- Five stocks we like better than Sempra Energy
- AST SpaceMobile’s Japan Catalyst Puts Its Rollout Story Back in Focus
- Gold and Silver Recovery—3 Precious Metals Stocks for H2 2026
- Klarna’s Google Court Win Could Give Its BNPL Story a Needed Cash Catalyst
- Why Kroger’s Giant Eagle Deal Could Change Everything
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.
