Mufg Securities Americas Inc. bought a new position in Sempra Energy (NYSE:SRE – Free Report) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 19,688 shares of the utilities provider’s stock, valued at approximately $1,825,000.
Other large investors have also modified their holdings of the company. Bell Investment Advisors Inc raised its holdings in shares of 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 buying an additional 116 shares during the period. Frazier Financial Advisors LLC purchased a new position in Sempra Energy in the 2nd quarter worth approximately $25,000. Edmond DE Rothschild Holding S.A. purchased a new position in Sempra Energy in the 2nd quarter worth approximately $27,000. Silvant Capital Management LLC acquired a new stake in Sempra Energy in the second quarter valued at approximately $28,000. Finally, Clal Insurance Enterprises Holdings Ltd grew its position in Sempra Energy by 57.7% in the fourth quarter. Clal Insurance Enterprises Holdings Ltd now owns 347 shares of the utilities provider’s stock valued at $31,000 after acquiring an additional 127 shares in the last quarter. Institutional investors and hedge funds own 89.65% of the company’s stock.
Analysts Set New Price Targets
A number of analysts have recently issued reports on the stock. Jefferies Financial Group set a $101.00 price objective on shares of Sempra Energy in a research note on Thursday, July 16th. TD Cowen began coverage on shares of Sempra Energy in a research note on Wednesday, July 8th. They issued a “buy” rating for the company. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Sempra Energy in a report on Friday, July 17th. 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. Finally, Morgan Stanley cut their price objective on shares of Sempra Energy from $108.00 to $104.00 and set an “overweight” rating on the stock in a report on Friday, August 21st. One research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $103.62.
Sempra Energy Price Performance
Shares of NYSE SRE opened at $84.25 on Friday. Sempra Energy has a fifty-two week low of $78.97 and a fifty-two week high of $101.04. The business has a 50 day moving average price of $89.67 and a two-hundred day moving average price of $92.10. 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 firm has a market cap of $55.09 billion, a PE ratio of 24.42, a price-to-earnings-growth ratio of 2.03 and a beta of 0.57.
Sempra Energy (NYSE:SRE – Get Free Report) last announced its earnings results on Thursday, August 6th. The utilities provider reported $1.16 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 analyst estimates of $3.14 billion. During the same period in the prior year, the company posted $0.89 EPS. 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. Sell-side analysts expect that Sempra Energy will post 5.12 earnings per share for the current fiscal year.
Insider Buying and Selling at Sempra Energy
In related news, EVP Caroline Ann Winn sold 8,000 shares of Sempra Energy 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 in the company, valued at approximately $2,278,600.20. The trade was a 24.12% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Insiders own 0.31% of the company’s stock.
Sempra Energy Company 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.
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