Public Employees Retirement System of Ohio bought a new position in Sempra Energy (NYSE:SRE – Free Report) in the second quarter, Holdings Channel.com reports. The firm bought 251,752 shares of the utilities provider’s stock, valued at approximately $23,340,000.
A number of other institutional investors and hedge funds also recently added to or reduced their stakes in SRE. Bell Investment Advisors Inc grew its stake 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 last quarter. Frazier Financial Advisors LLC purchased a new position in shares of Sempra Energy in the second quarter worth about $25,000. Edmond DE Rothschild Holding S.A. acquired a new stake in shares of Sempra Energy during the second quarter worth about $27,000. Silvant Capital Management LLC acquired a new stake in shares of Sempra Energy during the second quarter worth about $28,000. Finally, Clal Insurance Enterprises Holdings Ltd lifted its holdings in shares of Sempra Energy by 57.7% during the fourth 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. Institutional investors and hedge funds own 89.65% of the company’s stock.
Analysts Set New Price Targets
Several equities analysts recently weighed in on the stock. BMO Capital Markets set a $102.00 price target on shares of Sempra Energy and gave the stock an “outperform” rating in a report on Wednesday, July 22nd. Wall Street Zen upgraded shares of Sempra Energy from a “sell” rating to a “hold” rating in a research note on Saturday, July 25th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Sempra Energy in a report on Friday, July 17th. Jefferies Financial Group set a $101.00 price objective on shares of Sempra Energy in a research note on Thursday, July 16th. Finally, Morgan Stanley reduced their target price on shares of Sempra Energy from $108.00 to $104.00 and set an “overweight” rating for the company in a report on Friday, August 21st. One analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and four have given a Hold rating to the stock. According to MarketBeat.com, Sempra Energy has a consensus rating of “Moderate Buy” and a consensus price target of $103.62.
Sempra Energy Stock Performance
NYSE SRE opened at $84.25 on Friday. The stock has a market capitalization of $55.09 billion, a price-to-earnings ratio of 24.42, a PEG ratio of 2.03 and a beta of 0.57. The stock has a 50-day moving average of $89.67 and a 200 day moving average of $92.10. The company has a current ratio of 1.64, a quick ratio of 1.62 and a debt-to-equity ratio of 0.78. 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 EPS for the quarter, beating the consensus estimate of $1.01 by $0.15. The company had revenue of $3 billion for the quarter, compared to analyst estimates of $3.14 billion. Sempra Energy had a return on equity of 8.49% and a net margin of 16.70%.Sempra Energy’s quarterly revenue was down .1% compared to the same quarter last year. During the same period last year, the company earned $0.89 earnings per share. 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. Sell-side analysts anticipate that Sempra Energy will post 5.12 EPS for the current fiscal year.
Insider Transactions at Sempra Energy
In related news, EVP Caroline Ann Winn sold 8,000 shares of the business’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 sale, the executive vice president owned 25,164 shares of the company’s stock, valued at approximately $2,278,600.20. The trade was a 24.12% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 0.31% of the company’s stock.
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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