Patriot Financial Group Insurance Agency LLC Has $1.42 Million Stock Position in Sempra Energy $SRE

Patriot Financial Group Insurance Agency LLC grew its position in Sempra Energy (NYSE:SRE) by 91.4% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 14,594 shares of the utilities provider’s stock after acquiring an additional 6,969 shares during the quarter. Patriot Financial Group Insurance Agency LLC’s holdings in Sempra Energy were worth $1,418,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of the company. Bell Investment Advisors Inc raised its stake in shares of Sempra Energy by 79.5% in the first quarter. Bell Investment Advisors Inc now owns 262 shares of the utilities provider’s stock valued at $25,000 after purchasing an additional 116 shares in the last quarter. Ares Financial Consulting LLC acquired a new stake in Sempra Energy during the fourth quarter worth $26,000. Clal Insurance Enterprises Holdings Ltd boosted its stake in Sempra Energy by 57.7% during the fourth quarter. Clal Insurance Enterprises Holdings Ltd now owns 347 shares of the utilities provider’s stock worth $31,000 after buying an additional 127 shares in the last quarter. Key Financial Inc increased its holdings in Sempra Energy by 73.6% in the 4th quarter. Key Financial Inc now owns 361 shares of the utilities provider’s stock valued at $32,000 after buying an additional 153 shares during the period. Finally, Annis Gardner Whiting Capital Advisors LLC increased its holdings in Sempra Energy by 83.0% in the 4th quarter. Annis Gardner Whiting Capital Advisors LLC now owns 355 shares of the utilities provider’s stock valued at $32,000 after buying an additional 161 shares during the period. Institutional investors and hedge funds own 89.65% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on SRE shares. Wall Street Zen raised shares of Sempra Energy from a “sell” rating to a “hold” rating in a report on Saturday, June 13th. Weiss Ratings reissued a “hold (c+)” rating on shares of Sempra Energy in a research report on Monday, April 20th. Wells Fargo & Company restated an “overweight” rating and set a $118.00 price target on shares of Sempra Energy in a research note on Tuesday, April 21st. BMO Capital Markets lowered their price objective on Sempra Energy from $105.00 to $103.00 and set an “outperform” rating on the stock in a research note on Monday, May 11th. Finally, JPMorgan Chase & Co. upped their price objective on Sempra Energy from $98.00 to $106.00 and gave the company an “overweight” rating in a research note on Wednesday, March 18th. One investment analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $102.75.

Sempra Energy Stock Down 0.4%

SRE opened at $93.88 on Tuesday. The firm has a market cap of $61.37 billion, a price-to-earnings ratio of 31.82, a PEG ratio of 2.27 and a beta of 0.57. The company has a debt-to-equity ratio of 0.78, a quick ratio of 1.66 and a current ratio of 1.69. The firm’s 50-day simple moving average is $91.88 and its 200-day simple moving average is $91.82. Sempra Energy has a twelve month low of $73.18 and a twelve month high of $101.04.

Sempra Energy (NYSE:SRE) last released its quarterly earnings results on Thursday, May 7th. The utilities provider reported $1.51 EPS for the quarter, meeting analysts’ consensus estimates of $1.51. The firm had revenue of $3.65 billion for the quarter, compared to analyst estimates of $4.10 billion. Sempra Energy had a net margin of 14.31% and a return on equity of 8.20%. The company’s revenue for the quarter was down 3.9% compared to the same quarter last year. During the same period in the previous year, the business earned $1.44 earnings per share. 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. Equities research analysts anticipate that Sempra Energy will post 5.11 EPS for the current fiscal year.

Sempra Energy Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, July 15th. Investors of record on Thursday, June 25th will be given a dividend of $0.6575 per share. The ex-dividend date is Thursday, June 25th. This represents a $2.63 dividend on an annualized basis and a yield of 2.8%. Sempra Energy’s dividend payout ratio is 89.15%.

Insiders Place Their Bets

In related news, insider Diana L. Day sold 3,300 shares of the firm’s stock in a transaction on Thursday, May 14th. The stock was sold at an average price of $92.13, for a total transaction of $304,029.00. Following the completion of the sale, the insider directly owned 22,870 shares of the company’s stock, valued at $2,107,013.10. This trade represents a 12.61% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 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 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 transaction, the executive vice president owned 25,164 shares of the company’s stock, valued at approximately $2,278,600.20. The trade was a 24.12% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 15,028 shares of company stock valued at $1,370,273. Company insiders own 0.31% of the company’s stock.

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.