Healthcare of Ontario Pension Plan Trust Fund Buys 111,688 Shares of Sempra Energy $SRE

Healthcare of Ontario Pension Plan Trust Fund boosted its stake in Sempra Energy (NYSE:SRE) by 432.9% during the first quarter, Holdings Channel.com reports. The firm owned 137,489 shares of the utilities provider’s stock after buying an additional 111,688 shares during the period. Healthcare of Ontario Pension Plan Trust Fund’s holdings in Sempra Energy were worth $13,360,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Empowered Funds LLC grew its holdings in shares of Sempra Energy by 52.5% in the first quarter. Empowered Funds LLC now owns 18,008 shares of the utilities provider’s stock worth $1,285,000 after purchasing an additional 6,196 shares during the last quarter. Woodline Partners LP raised its holdings in Sempra Energy by 40.7% during the 1st quarter. Woodline Partners LP now owns 53,512 shares of the utilities provider’s stock valued at $3,819,000 after buying an additional 15,474 shares during the last quarter. Baird Financial Group Inc. raised its holdings in Sempra Energy by 6.2% during the 2nd quarter. Baird Financial Group Inc. now owns 14,699 shares of the utilities provider’s stock valued at $1,114,000 after buying an additional 858 shares during the last quarter. Cary Street Partners Financial LLC boosted its position in Sempra Energy by 78.5% during the 2nd quarter. Cary Street Partners Financial LLC now owns 771 shares of the utilities provider’s stock valued at $58,000 after buying an additional 339 shares during the period. Finally, Sei Investments Co. boosted its position in Sempra Energy by 80.0% during the 2nd quarter. Sei Investments Co. now owns 423,280 shares of the utilities provider’s stock valued at $32,072,000 after buying an additional 188,131 shares during the period. Institutional investors own 89.65% of the company’s stock.

Sempra Energy Stock Performance

Shares of SRE stock opened at $91.20 on Tuesday. The stock has a fifty day moving average of $91.95 and a 200 day moving average of $92.47. Sempra Energy has a 52 week low of $78.97 and a 52 week high of $101.04. The firm has a market capitalization of $59.62 billion, a price-to-earnings ratio of 30.92, a PEG ratio of 2.23 and a beta of 0.56. The company has a quick ratio of 1.66, a current ratio of 1.69 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 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $1.51. Sempra Energy had a net margin of 14.31% and a return on equity of 8.20%. The business had revenue of $3.65 billion for the quarter, compared to the consensus estimate of $4.10 billion. During the same period in the previous year, the firm earned $1.44 EPS. The company’s quarterly revenue was down 3.9% compared to the same quarter last year. 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. As a group, research analysts expect that Sempra Energy will post 5.12 earnings per share for the current year.

Sempra Energy Dividend Announcement

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

Insider Activity at Sempra Energy

In other Sempra Energy news, insider Diana L. Day sold 3,300 shares of the firm’s stock in a transaction dated Thursday, May 14th. The shares were sold at an average price of $92.13, for a total value of $304,029.00. Following the completion of the sale, the insider directly owned 22,870 shares in the company, valued at $2,107,013.10. This trade represents a 12.61% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Caroline Ann Winn sold 8,000 shares of Sempra Energy stock in a transaction that occurred 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 sale, the executive vice president directly 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 SEC filing for this sale provides additional information. Insiders have sold 13,900 shares of company stock worth $1,261,207 over the last 90 days. 0.31% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

SRE has been the topic of a number of recent analyst reports. Weiss Ratings reissued a “hold (c+)” rating on shares of Sempra Energy in a report on Friday, July 17th. Morgan Stanley reaffirmed an “overweight” rating and set a $108.00 price objective on shares of Sempra Energy in a research note on Wednesday, July 22nd. BMO Capital Markets set a $102.00 target price on shares of Sempra Energy and gave the stock an “outperform” rating in a report on Wednesday, July 22nd. TD Cowen began coverage on Sempra Energy in a research note on Wednesday, July 8th. They issued a “buy” rating on the stock. Finally, Wells Fargo & Company restated an “overweight” rating and set a $118.00 price target on shares of Sempra Energy in a report on Tuesday, April 21st. One investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat, Sempra Energy presently has a consensus rating of “Moderate Buy” and a consensus price target of $104.23.

Sempra Energy 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.