Gateway Wealth Partners LLC Makes New $605,000 Investment in Sempra Energy $SRE

Gateway Wealth Partners LLC purchased a new stake in Sempra Energy (NYSE:SRE) in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm purchased 6,227 shares of the utilities provider’s stock, valued at approximately $605,000.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Norges Bank bought a new stake in shares of Sempra Energy in the 4th quarter valued at about $914,924,000. Morgan Stanley grew its holdings in Sempra Energy by 17.0% during the fourth quarter. Morgan Stanley now owns 22,330,091 shares of the utilities provider’s stock worth $1,971,524,000 after purchasing an additional 3,250,783 shares during the period. Invesco Ltd. increased its position in Sempra Energy by 40.1% during the third quarter. Invesco Ltd. now owns 10,419,115 shares of the utilities provider’s stock worth $937,512,000 after buying an additional 2,984,409 shares during the last quarter. National Pension Service increased its position in Sempra Energy by 246.4% during the fourth quarter. National Pension Service now owns 2,826,999 shares of the utilities provider’s stock worth $249,596,000 after buying an additional 2,010,853 shares during the last quarter. Finally, State Street Corp raised its stake in Sempra Energy by 5.2% in the fourth quarter. State Street Corp now owns 36,810,449 shares of the utilities provider’s stock valued at $3,273,460,000 after buying an additional 1,824,280 shares during the period. Institutional investors own 89.65% of the company’s stock.

Insider Buying and Selling at Sempra Energy

In other news, EVP Caroline Ann Winn sold 8,000 shares of the firm’s stock in a transaction that occurred 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 transaction, the executive vice president directly owned 25,164 shares of the company’s stock, valued at approximately $2,278,600.20. This trade represents a 24.12% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Pablo Ferrero sold 2,600 shares of Sempra Energy stock in a transaction that occurred on Monday, May 18th. The shares were sold at an average price of $89.53, for a total transaction of $232,778.00. Following the completion of the sale, the director owned 15,423 shares of the company’s stock, valued at approximately $1,380,821.19. The trade was a 14.43% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 13,900 shares of company stock valued at $1,261,207 in the last quarter. Company insiders own 0.31% of the company’s stock.

Sempra Energy Stock Performance

NYSE:SRE opened at $89.55 on Friday. The stock has a 50 day simple moving average of $91.85 and a 200 day simple moving average of $92.51. The stock has a market cap of $58.54 billion, a P/E ratio of 30.36, a PEG ratio of 2.13 and a beta of 0.56. Sempra Energy has a 1-year low of $78.97 and a 1-year high of $101.04. The company has a current ratio of 1.69, a quick ratio of 1.66 and a debt-to-equity ratio of 0.78.

Sempra Energy (NYSE:SRE) last issued its quarterly earnings data on Thursday, May 7th. The utilities provider reported $1.51 EPS for the quarter, meeting analysts’ consensus estimates of $1.51. Sempra Energy had a return on equity of 8.20% and a net margin of 14.31%.The firm had revenue of $3.65 billion for the quarter, compared to analyst estimates of $4.10 billion. During the same period in the prior year, the firm posted $1.44 EPS. The company’s revenue for the quarter was down 3.9% 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 4.870-5.370 EPS. Research analysts anticipate that Sempra Energy will post 5.12 earnings per share for the current year.

Sempra Energy Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, July 15th. Shareholders of record on Thursday, June 25th were paid a $0.6575 dividend. The ex-dividend date was Thursday, June 25th. This represents a $2.63 annualized dividend and a yield of 2.9%. Sempra Energy’s payout ratio is 89.15%.

Analyst Upgrades and Downgrades

Several research analysts have recently commented on SRE shares. Wells Fargo & Company reiterated an “overweight” rating and set a $118.00 target price on shares of Sempra Energy in a research note on Tuesday, April 21st. Weiss Ratings restated a “hold (c+)” rating on shares of Sempra Energy in a research note on Friday, July 17th. Jefferies Financial Group set a $101.00 price target on Sempra Energy in a report on Thursday, July 16th. Morgan Stanley reaffirmed an “overweight” rating and set a $108.00 price objective on shares of Sempra Energy in a research report on Wednesday, July 22nd. Finally, Barclays decreased their price objective on shares of Sempra Energy from $105.00 to $103.00 and set an “overweight” rating on the stock in a report on Thursday, July 9th. One research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $104.23.

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.