16,321 Shares in Sempra Energy $SRE Bought by Cookson Peirce & Co. Inc.

Cookson Peirce & Co. Inc. bought a new stake in Sempra Energy (NYSE:SRE) during the 2nd quarter, HoldingsChannel reports. The firm bought 16,321 shares of the utilities provider’s stock, valued at approximately $1,513,000.

Several other institutional investors have also recently bought and sold shares of the business. Northwestern Mutual Wealth Management Co. purchased a new position in shares of Sempra Energy during the 2nd quarter valued at $1,867,000. Wedbush Securities Inc. purchased a new stake in Sempra Energy during the 2nd quarter valued at $1,535,000. Meiji Yasuda Life Insurance Co bought a new stake in shares of Sempra Energy in the 2nd quarter worth approximately $1,664,000. Hennessy Advisors Inc. bought a new position in Sempra Energy in the second quarter worth about $25,938,000. Finally, Greenwood Capital Associates LLC bought a new stake in shares of Sempra Energy during the 2nd quarter valued at $2,005,000. Institutional investors and hedge funds own 89.65% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts recently commented on SRE shares. Morgan Stanley dropped their price objective on Sempra Energy from $108.00 to $104.00 and set an “overweight” rating on the stock in a research report on Friday, August 21st. Barclays dropped their price target on Sempra Energy from $105.00 to $103.00 and set an “overweight” rating for the company in a research report on Thursday, July 9th. Truist Financial set a $100.00 price objective on Sempra Energy and gave the company a “buy” rating in a report on Thursday, August 13th. TD Cowen began coverage on shares of Sempra Energy in a report on Wednesday, July 8th. They set a “buy” rating on the stock. Finally, Jefferies Financial Group set a $101.00 price objective on Sempra Energy in a research report on Thursday, July 16th. One equities research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $103.62.

Insider Transactions at Sempra Energy

In other Sempra Energy news, EVP Caroline Ann Winn sold 8,000 shares of the stock in a transaction that occurred on Wednesday, June 17th. The stock was sold at an average price of $90.55, for a total transaction 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 $2,278,600.20. This represents a 24.12% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 0.31% of the company’s stock.

Sempra Energy Price Performance

Shares of NYSE SRE opened at $84.25 on Monday. Sempra Energy has a 12 month low of $78.97 and a 12 month 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 firm’s 50 day simple moving average is $89.67 and its 200-day simple moving average is $92.14. The stock has a market capitalization of $55.09 billion, a price-to-earnings ratio of 24.42, a PEG ratio of 2.03 and a beta of 0.57.

Sempra Energy (NYSE:SRE) last posted its earnings results on Thursday, August 6th. The utilities provider reported $1.16 EPS for the quarter, beating analysts’ consensus estimates of $1.01 by $0.15. The firm had revenue of $3 billion for the quarter, compared to analysts’ expectations of $3.14 billion. Sempra Energy had a return on equity of 8.49% and a net margin of 16.70%.The company’s quarterly revenue was down .1% on a year-over-year basis. 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. Analysts expect that Sempra Energy will post 5.12 EPS 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.