Sempra Energy $SRE Shares Acquired by National Pension Service

National Pension Service increased its position in shares of Sempra Energy (NYSE:SREFree Report) by 0.5% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 3,020,337 shares of the utilities provider’s stock after buying an additional 14,305 shares during the period. National Pension Service owned about 0.46% of Sempra Energy worth $280,015,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the company. Bell Investment Advisors Inc increased its position 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 during the last quarter. Frazier Financial Advisors LLC purchased a new position in Sempra Energy in the second quarter valued at about $25,000. Edmond DE Rothschild Holding S.A. purchased a new position in Sempra Energy in the second quarter valued at about $27,000. Silvant Capital Management LLC acquired a new stake in Sempra Energy during the 2nd quarter valued at approximately $28,000. Finally, Clal Insurance Enterprises Holdings Ltd grew its stake in Sempra Energy by 57.7% during the 4th quarter. Clal Insurance Enterprises Holdings Ltd now owns 347 shares of the utilities provider’s stock valued at $31,000 after purchasing an additional 127 shares in the last quarter. Institutional investors and hedge funds own 89.65% of the company’s stock.

Insider Activity at Sempra Energy

In other news, EVP Caroline Winn sold 8,000 shares of the firm’s stock in a transaction dated Wednesday, June 17th. The stock was sold at an average price of $90.55, for a total transaction of $724,400.00. Following the completion of the sale, the executive vice president directly 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Corporate insiders own 0.31% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on SRE shares. Wall Street Zen upgraded Sempra Energy from a “sell” rating to a “hold” rating in a research note on Saturday, July 25th. JPMorgan Chase & Co. cut their price objective on Sempra Energy from $113.00 to $102.00 and set an “overweight” rating on the stock in a research note on Wednesday, September 2nd. Truist Financial set a $96.00 target price on Sempra Energy and gave the stock a “buy” rating in a report on Thursday, September 3rd. Mizuho reiterated a “neutral” rating and issued a $84.00 target price (down from $104.00) on shares of Sempra Energy in a research report on Monday, August 31st. Finally, Jefferies Financial Group upgraded Sempra Energy from a “hold” rating to a “buy” rating and lowered their price target for the company from $101.00 to $97.00 in a report on Tuesday, September 1st. 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 stock. According to data from MarketBeat, Sempra Energy presently has an average rating of “Moderate Buy” and a consensus price target of $102.00.

Read Our Latest Research Report on SRE

Sempra Energy Stock Performance

Shares of Sempra Energy stock opened at $85.12 on Thursday. Sempra Energy has a 12 month low of $79.59 and a 12 month high of $101.04. The company has a quick ratio of 1.62, a current ratio of 1.64 and a debt-to-equity ratio of 0.78. The stock has a market cap of $55.66 billion, a PE ratio of 24.67, a price-to-earnings-growth ratio of 2.36 and a beta of 0.55. The business has a fifty day simple moving average of $88.28 and a 200-day simple moving average of $91.66.

Sempra Energy (NYSE:SREGet Free Report) last posted its quarterly earnings results on Thursday, August 6th. The utilities provider reported $1.16 earnings per share for the quarter, beating 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 firm had revenue of $3 billion for the quarter, compared to analyst estimates of $3.14 billion. During the same period in the previous 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. On average, sell-side analysts anticipate that Sempra Energy will post 5.12 EPS for the current fiscal year.

Sempra Energy Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, October 15th. Stockholders of record on Thursday, September 24th will be given a $0.6575 dividend. This represents a $2.63 dividend on an annualized basis and a dividend yield of 3.1%. The ex-dividend date of this dividend is Thursday, September 24th. Sempra Energy’s dividend payout ratio is 76.23%.

About Sempra Energy

(Free Report)

Sempra, formerly known as Sempra Energy, is an energy infrastructure company headquartered in San Diego, California. The company develops, owns and operates energy networks and infrastructure that support the delivery of natural gas and electricity, with operations focused primarily on North America.

Through its California utilities, Southern California Gas Company and San Diego Gas & Electric, Sempra provides natural gas distribution and electric services to residential, commercial and industrial customers.

Featured Articles

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

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.