Sempra Energy $SRE Shares Acquired by Banque Cantonale Vaudoise

Banque Cantonale Vaudoise increased its holdings in Sempra Energy (NYSE:SRE) by 216.7% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 20,898 shares of the utilities provider’s stock after buying an additional 14,300 shares during the period. Banque Cantonale Vaudoise’s holdings in Sempra Energy were worth $1,845,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also modified their holdings of SRE. Vanguard Group Inc. lifted its stake in shares of Sempra Energy by 14.2% in the 3rd quarter. Vanguard Group Inc. now owns 75,725,594 shares of the utilities provider’s stock worth $6,813,784,000 after acquiring an additional 9,396,652 shares during the period. JPMorgan Chase & Co. lifted its stake in shares of Sempra Energy by 106.3% in the 3rd quarter. JPMorgan Chase & Co. now owns 10,428,007 shares of the utilities provider’s stock worth $938,325,000 after acquiring an additional 5,374,277 shares during the period. Capital International Investors lifted its stake in shares of Sempra Energy by 9.2% in the 3rd quarter. Capital International Investors now owns 54,071,206 shares of the utilities provider’s stock worth $4,865,115,000 after acquiring an additional 4,572,312 shares during the period. Invesco Ltd. lifted its stake in shares of Sempra Energy by 40.1% in the 3rd quarter. Invesco Ltd. now owns 10,419,115 shares of the utilities provider’s stock worth $937,512,000 after acquiring an additional 2,984,409 shares during the period. Finally, Bessemer Group Inc. lifted its stake in shares of Sempra Energy by 20,627.9% in the 3rd quarter. Bessemer Group Inc. now owns 1,898,675 shares of the utilities provider’s stock worth $170,842,000 after acquiring an additional 1,889,515 shares during the period. 89.65% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, CAO Dyan Z. Wold sold 1,539 shares of the business’s stock in a transaction that occurred on Monday, March 16th. The shares were sold at an average price of $95.38, for a total value of $146,789.82. Following the sale, the chief accounting officer directly owned 4,633 shares in the company, valued at $441,895.54. The trade was a 24.94% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Diana L. Day sold 3,300 shares of the business’s stock in a transaction that occurred 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 owned 22,870 shares in the company, valued at $2,107,013.10. The trade was a 12.61% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders purchased 6,192 shares of company stock worth $576,979 and sold 13,439 shares worth $1,243,713. Company insiders own 0.31% of the company’s stock.

Sempra Energy Stock Up 0.1%

NYSE SRE opened at $91.54 on Friday. The company has a debt-to-equity ratio of 0.78, a current ratio of 1.69 and a quick ratio of 1.66. The company’s 50 day simple moving average is $94.54 and its 200 day simple moving average is $91.96. Sempra Energy has a 12 month low of $73.06 and a 12 month high of $101.04. The company has a market capitalization of $59.84 billion, a P/E ratio of 31.03, a PEG ratio of 3.45 and a beta of 0.60.

Sempra Energy (NYSE:SRE) last released its earnings results on Thursday, May 7th. The utilities provider reported $1.51 EPS for the quarter, hitting 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 $3.66 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 business’s revenue for the quarter was down 3.9% 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 4.870-5.370 EPS. Equities research analysts expect that Sempra Energy will post 5.11 earnings per share for the current fiscal year.

Sempra Energy Dividend Announcement

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

Wall Street Analyst Weigh In

A number of brokerages have recently weighed in on SRE. Barclays reaffirmed an “overweight” rating and issued a $105.00 price target (up from $95.00) on shares of Sempra Energy in a research note on Wednesday, April 15th. JPMorgan Chase & Co. upped their price target on shares of Sempra Energy from $98.00 to $106.00 and gave the stock an “overweight” rating in a research note on Wednesday, March 18th. Wall Street Zen lowered shares of Sempra Energy from a “hold” rating to a “sell” rating in a research note on Sunday, May 10th. BMO Capital Markets reduced their price target on shares of Sempra Energy from $105.00 to $103.00 and set an “outperform” rating for the company in a research note on Monday, May 11th. Finally, Morgan Stanley set a $104.00 price target on shares of Sempra Energy and gave the stock an “overweight” rating in a research note on Tuesday, April 21st. One equities 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 stock. According to data from MarketBeat.com, Sempra Energy presently has an average rating of “Moderate Buy” and an average target price of $102.67.

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.