Greenleaf Trust Takes Position in Sempra Energy $SRE

Greenleaf Trust acquired a new position in Sempra Energy (NYSE:SRE) during the second quarter, HoldingsChannel.com reports. The fund acquired 10,560 shares of the utilities provider’s stock, valued at approximately $979,000.

Other large investors have also recently modified their holdings of the company. Empowered Funds LLC lifted its position in Sempra Energy by 52.5% during the first quarter. Empowered Funds LLC now owns 18,008 shares of the utilities provider’s stock valued at $1,285,000 after acquiring an additional 6,196 shares during the last quarter. Woodline Partners LP increased its position in shares of Sempra Energy by 40.7% during the first quarter. Woodline Partners LP now owns 53,512 shares of the utilities provider’s stock worth $3,819,000 after purchasing an additional 15,474 shares in the last quarter. Baird Financial Group Inc. increased its position in shares of Sempra Energy by 6.2% during the second quarter. Baird Financial Group Inc. now owns 14,699 shares of the utilities provider’s stock worth $1,114,000 after purchasing an additional 858 shares in the last quarter. Cary Street Partners Financial LLC lifted its holdings in shares of 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 purchasing an additional 339 shares during the last quarter. Finally, Sei Investments Co. lifted its holdings in shares of 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 purchasing an additional 188,131 shares during the last quarter. Institutional investors own 89.65% of the company’s stock.

Insider Activity at Sempra Energy

In related news, EVP Caroline Ann Winn sold 8,000 shares of the firm’s stock in a transaction dated Wednesday, June 17th. The stock was sold at an average price of $90.55, for a total transaction of $724,400.00. Following the sale, the executive vice president directly owned 25,164 shares of the company’s stock, valued at $2,278,600.20. This trade represents a 24.12% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.31% of the stock is owned by insiders.

Wall Street Analyst Weigh In

Several brokerages recently weighed in on SRE. Mizuho restated a “neutral” rating and set a $84.00 target price (down from $104.00) on shares of Sempra Energy in a research note on Monday. Jefferies Financial Group set a $101.00 price target on Sempra Energy in a research note on Thursday, July 16th. Morgan Stanley lowered their price target on Sempra Energy from $108.00 to $104.00 and set an “overweight” rating for the company in a report on Friday, August 21st. Wall Street Zen upgraded Sempra Energy from a “sell” rating to a “hold” rating in a research note on Saturday, July 25th. Finally, Weiss Ratings reiterated a “hold (c+)” rating on shares of Sempra Energy in a research note on Friday, July 17th. One analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $102.92.

Sempra Energy Trading Down 3.1%

NYSE SRE opened at $81.70 on Tuesday. Sempra Energy has a 1 year low of $78.97 and a 1 year high of $101.04. The company has a debt-to-equity ratio of 0.78, a current ratio of 1.64 and a quick ratio of 1.62. The company has a market capitalization of $53.42 billion, a PE ratio of 23.68, a P/E/G ratio of 2.03 and a beta of 0.57. The company has a fifty day moving average of $89.47 and a 200 day moving average of $92.08.

Sempra Energy (NYSE:SRE) last announced its quarterly earnings results on Thursday, August 6th. The utilities provider reported $1.16 earnings per share for the quarter, topping the consensus estimate of $1.01 by $0.15. The company had revenue of $3 billion for the quarter, compared to the consensus estimate of $3.14 billion. Sempra Energy had a return on equity of 8.49% and a net margin of 16.70%.The firm’s revenue for the quarter was down .1% compared to the same quarter last year. During the same period last year, the firm earned $0.89 EPS. 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. Research analysts forecast that Sempra Energy will post 5.12 earnings per share for the current year.

About Sempra Energy

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.