Machina Capital S.A.S. Sells 15,033 Shares of Sempra Energy $SRE

Machina Capital S.A.S. lessened its position in shares of Sempra Energy (NYSE:SRE) by 26.9% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 40,897 shares of the utilities provider’s stock after selling 15,033 shares during the period. Machina Capital S.A.S.’s holdings in Sempra Energy were worth $3,188,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the company. Bell Investment Advisors Inc bought a new stake in Sempra Energy in the 2nd quarter valued at about $25,000. Frazier Financial Advisors LLC purchased a new stake in Sempra Energy during the second quarter valued at about $25,000. Anchor Investment Management LLC purchased a new stake in Sempra Energy during the second quarter valued at about $26,000. Asset Dedication LLC purchased a new stake in Sempra Energy during the third quarter valued at about $26,000. Finally, Edmond DE Rothschild Holding S.A. bought a new position in Sempra Energy during the second quarter worth about $27,000. Hedge funds and other institutional investors own 89.65% of the company’s stock.

Analyst Ratings Changes

SRE has been the subject of several recent research reports. Ladenburg Thalmann & Co. Inc. reduced their target price on shares of Sempra Energy from $98.00 to $89.50 and set a “buy” rating for the company in a research note on Tuesday, September 22nd. Barclays restated an “overweight” rating and set a $90.00 price target (down from $103.00) on shares of Sempra Energy in a research note on Monday, October 12th. BMO Capital Markets set a $102.00 price target on shares of Sempra Energy and gave the company an “outperform” rating in a research note on Wednesday, July 22nd. Wall Street Zen raised shares of Sempra Energy from a “sell” rating to a “hold” rating in a report on Saturday, July 25th. Finally, Truist Financial set a $94.00 price objective on shares of Sempra Energy and gave the company a “buy” rating in a research note on Wednesday, October 14th. Fourteen equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $99.47.

Sempra Energy Stock Performance

NYSE:SRE opened at $78.33 on Thursday. The company has a debt-to-equity ratio of 0.77, a quick ratio of 1.59 and a current ratio of 1.61. Sempra Energy has a 52-week low of $76.21 and a 52-week high of $101.04. The firm has a market cap of $51.24 billion, a price-to-earnings ratio of 16.77, a PEG ratio of 2.15 and a beta of 0.55. The business’s fifty day moving average is $81.75 and its 200 day moving average is $89.12.

Sempra Energy (NYSE:SRE) last issued its quarterly earnings data on Thursday, November 5th. The utilities provider reported $1.40 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.22 by $0.18. Sempra Energy had a return on equity of 8.84% and a net margin of 22.53%. The business had revenue of $3.19 billion for the quarter, compared to analysts’ expectations of $3.31 billion. During the same quarter in the prior year, the firm posted $1.11 EPS. The firm’s quarterly revenue was up 1.3% 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. Research analysts predict that Sempra Energy will post 5.15 EPS for the current year.

Sempra Energy Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, January 15th. Stockholders of record on Thursday, December 10th will be given a dividend of $0.6575 per share. The ex-dividend date is Thursday, December 10th. This represents a $2.63 annualized dividend and a dividend yield of 3.4%. Sempra Energy’s dividend payout ratio is currently 56.32%.

Sempra Energy Profile

Sempra is a North American energy infrastructure company headquartered in San Diego, California. Formed in 1998 through the merger of Pacific Enterprises and Enova Corporation, the company develops and operates regulated utilities and energy infrastructure. In California, Sempra’s utilities include San Diego Gas & Electric and Southern California Gas Company, which provide electricity and natural gas services to homes and businesses. In Texas, its operations include an ownership interest in Oncor, an electric transmission and distribution company.