Pure Financial Advisors LLC Has $4.13 Million Holdings in Sempra Energy $SRE

Pure Financial Advisors LLC grew its stake in Sempra Energy (NYSE:SRE) by 29.2% in the fourth quarter, HoldingsChannel reports. The fund owned 46,776 shares of the utilities provider’s stock after acquiring an additional 10,584 shares during the period. Pure Financial Advisors LLC’s holdings in Sempra Energy were worth $4,130,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Ares Financial Consulting LLC bought a new stake in shares of Sempra Energy during the fourth quarter valued at approximately $26,000. Clal Insurance Enterprises Holdings Ltd raised its position in Sempra Energy by 57.7% in the 4th quarter. Clal Insurance Enterprises Holdings Ltd now owns 347 shares of the utilities provider’s stock worth $31,000 after purchasing an additional 127 shares during the last quarter. Key Financial Inc raised its position in Sempra Energy by 73.6% in the 4th quarter. Key Financial Inc now owns 361 shares of the utilities provider’s stock worth $32,000 after purchasing an additional 153 shares during the last quarter. Annis Gardner Whiting Capital Advisors LLC lifted its holdings in Sempra Energy by 83.0% during the 4th quarter. Annis Gardner Whiting Capital Advisors LLC now owns 355 shares of the utilities provider’s stock worth $32,000 after buying an additional 161 shares in the last quarter. Finally, Board of the Pension Protection Fund acquired a new position in Sempra Energy during the 4th quarter worth $35,000. 89.65% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, EVP Justin Christopher Bird sold 1,128 shares of Sempra Energy stock in a transaction that occurred on Wednesday, April 1st. The shares were sold at an average price of $96.69, for a total transaction of $109,066.32. Following the transaction, the executive vice president owned 21,632 shares of the company’s stock, valued at $2,091,598.08. This trade represents a 4.96% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Pablo Ferrero sold 2,600 shares of the business’s stock in a transaction that occurred on Monday, May 18th. The shares were sold at an average price of $89.53, for a total transaction of $232,778.00. Following the transaction, the director owned 15,423 shares of the company’s stock, valued at approximately $1,380,821.19. This represents a 14.43% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 15,028 shares of company stock valued at $1,370,273. Insiders own 0.31% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have recently commented on SRE. Wall Street Zen raised Sempra Energy from a “sell” rating to a “hold” rating in a research note on Saturday, June 13th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Sempra Energy in a research note on Monday, April 20th. BMO Capital Markets decreased their price target on Sempra Energy from $105.00 to $103.00 and set an “outperform” rating on the stock in a report on Monday, May 11th. Barclays reiterated an “overweight” rating and issued a $105.00 price objective (up from $95.00) on shares of Sempra Energy in a research report on Wednesday, April 15th. Finally, Argus raised Sempra Energy from a “hold” rating to a “buy” rating in a report on Wednesday, March 4th. One research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $102.67.

Sempra Energy Stock Performance

SRE stock opened at $90.62 on Friday. Sempra Energy has a twelve month low of $73.18 and a twelve month high of $101.04. The company has a quick ratio of 1.66, a current ratio of 1.69 and a debt-to-equity ratio of 0.78. The company has a market cap of $59.24 billion, a P/E ratio of 30.72, a price-to-earnings-growth ratio of 2.18 and a beta of 0.56. The business’s fifty day moving average is $92.36 and its 200-day moving average is $91.68.

Sempra Energy (NYSE:SRE) last announced its quarterly earnings data on Thursday, May 7th. The utilities provider reported $1.51 EPS for the quarter, hitting analysts’ consensus estimates of $1.51. The business had revenue of $3.65 billion during the quarter, compared to analysts’ expectations of $4.10 billion. Sempra Energy had a return on equity of 8.20% and a net margin of 14.31%.The firm’s quarterly revenue was down 3.9% compared to the same quarter last year. During the same period in the previous year, the firm 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 forecast that Sempra Energy will post 5.11 EPS for the current year.

Sempra Energy Dividend Announcement

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

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.