Jupiter Topco LLC Purchases Shares of 1,195,168 Sempra Energy $SRE

Jupiter Topco LLC acquired a new stake in shares of Sempra Energy (NYSE:SRE) in the second quarter, Holdings Channel.com reports. The fund acquired 1,195,168 shares of the utilities provider’s stock, valued at approximately $110,798,000.

Several other large investors have also modified their holdings of SRE. BlackRock Inc. acquired a new position in shares of Sempra Energy in the 2nd quarter worth $5,588,577,000. State Street Corp lifted its holdings in shares of Sempra Energy by 5.2% during 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 purchasing an additional 1,824,280 shares during the last quarter. Morgan Stanley lifted its holdings in shares of Sempra Energy by 17.0% during the fourth quarter. Morgan Stanley now owns 22,330,091 shares of the utilities provider’s stock valued at $1,971,524,000 after purchasing an additional 3,250,783 shares during the last quarter. Geode Capital Management LLC boosted its position in shares of Sempra Energy by 0.8% in the 4th quarter. Geode Capital Management LLC now owns 14,298,845 shares of the utilities provider’s stock valued at $1,256,592,000 after purchasing an additional 116,554 shares during the period. Finally, JPMorgan Chase & Co. boosted its position in shares of Sempra Energy by 16.6% in the 4th quarter. JPMorgan Chase & Co. now owns 12,163,523 shares of the utilities provider’s stock valued at $1,073,918,000 after purchasing an additional 1,735,516 shares during the period. 89.65% of the stock is owned by institutional investors.

Insider Activity

In other news, EVP Caroline Ann Winn sold 8,000 shares of the 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 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 represents a 24.12% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 0.31% of the stock is owned by company insiders.

Sempra Energy Stock Up 1.6%

NYSE:SRE opened at $85.37 on Thursday. The firm has a market capitalization of $55.82 billion, a price-to-earnings ratio of 24.74, a PEG ratio of 2.02 and a beta of 0.57. 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 1.64, a quick ratio of 1.62 and a debt-to-equity ratio of 0.78. The business’s fifty day moving average price is $89.91 and its 200 day moving average price is $92.18.

Sempra Energy (NYSE:SRE) last announced its quarterly earnings data on Thursday, August 6th. The utilities provider reported $1.16 EPS for the quarter, topping 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 firm had revenue of $3 billion during the quarter, compared to analyst estimates of $3.14 billion. During the same period last year, the company posted $0.89 EPS. The business’s quarterly revenue was down .1% 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 4.800-5.300 EPS. On average, sell-side analysts forecast that Sempra Energy will post 5.12 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several analysts have issued reports on the company. Wall Street Zen upgraded Sempra Energy from a “sell” rating to a “hold” rating in a report on Saturday, July 25th. TD Cowen assumed coverage on shares of Sempra Energy in a report on Wednesday, July 8th. They issued a “buy” rating for the company. Morgan Stanley dropped their target price on shares of Sempra Energy from $108.00 to $104.00 and set an “overweight” rating on the stock in a research report on Friday, August 21st. BMO Capital Markets set a $102.00 price target on shares of Sempra Energy and gave the company an “outperform” rating in a report on Wednesday, July 22nd. Finally, Jefferies Financial Group set a $101.00 price target on shares of Sempra Energy in a research report on Thursday, July 16th. One research 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’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $103.62.

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.