Swiss Life Asset Management Ltd Buys 8,322 Shares of Sempra Energy $SRE

Swiss Life Asset Management Ltd boosted its stake in Sempra Energy (NYSE:SRE) by 9.4% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 96,563 shares of the utilities provider’s stock after purchasing an additional 8,322 shares during the quarter. Swiss Life Asset Management Ltd’s holdings in Sempra Energy were worth $8,526,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in SRE. Meeder Asset Management Inc. bought a new stake in Sempra Energy in the third quarter valued at about $25,000. Ares Financial Consulting LLC bought a new stake in shares of Sempra Energy in the fourth quarter worth about $26,000. Activest Wealth Management increased its holdings in shares of Sempra Energy by 74.6% in the third quarter. Activest Wealth Management now owns 391 shares of the utilities provider’s stock worth $35,000 after acquiring an additional 167 shares in the last quarter. Board of the Pension Protection Fund bought a new stake in shares of Sempra Energy in the fourth quarter worth about $35,000. Finally, Salomon & Ludwin LLC increased its holdings in shares of Sempra Energy by 88.8% in the fourth quarter. Salomon & Ludwin LLC now owns 406 shares of the utilities provider’s stock worth $36,000 after acquiring an additional 191 shares in the last quarter. Institutional investors own 89.65% of the company’s stock.

Insider Activity at Sempra Energy

In related news, EVP Justin Christopher Bird sold 1,128 shares of the stock in a transaction that occurred on Wednesday, April 1st. The stock was sold at an average price of $96.69, for a total transaction of $109,066.32. Following the completion of the transaction, the executive vice president directly owned 21,632 shares of the company’s stock, valued at approximately $2,091,598.08. This represents a 4.96% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Richard J. Mark purchased 2,692 shares of Sempra Energy stock in a transaction that occurred on Wednesday, March 11th. The shares were bought at an average cost of $93.30 per share, with a total value of $251,163.60. Following the completion of the transaction, the director directly owned 17,376 shares of the company’s stock, valued at approximately $1,621,180.80. The trade was a 18.33% increase in their position. The SEC filing for this purchase provides additional information. Over the last ninety days, insiders acquired 6,192 shares of company stock valued at $576,979 and sold 7,539 shares valued at $706,906. 0.31% of the stock is currently owned by corporate insiders.

Sempra Energy Stock Up 0.6%

SRE stock opened at $93.37 on Wednesday. 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 stock has a market capitalization of $61.04 billion, a P/E ratio of 31.65, a P/E/G ratio of 3.50 and a beta of 0.60. The business has a 50-day moving average of $94.94 and a 200-day moving average of $92.01. Sempra Energy has a fifty-two week low of $73.06 and a fifty-two week high of $101.04.

Sempra Energy (NYSE:SRE) last posted its quarterly earnings data on Thursday, May 7th. The utilities provider reported $1.51 earnings per share for the quarter, hitting the consensus estimate of $1.51. The company had revenue of $3.66 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%.Sempra Energy’s revenue for the quarter was down 3.9% compared to the same quarter last year. During the same period in the prior 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. On average, sell-side analysts anticipate that Sempra Energy will post 5.11 earnings per share for the current fiscal year.

Sempra Energy Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, April 15th. Stockholders of record on Thursday, March 19th were given a dividend of $0.6575 per share. This is an increase from Sempra Energy’s previous quarterly dividend of $0.65. This represents a $2.63 annualized dividend and a dividend yield of 2.8%. The ex-dividend date of this dividend was Thursday, March 19th. Sempra Energy’s payout ratio is currently 89.15%.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on SRE. Argus upgraded Sempra Energy from a “hold” rating to a “buy” rating in a report on Wednesday, March 4th. BMO Capital Markets lowered their price target on Sempra Energy from $105.00 to $103.00 and set an “outperform” rating for the company in a report on Monday. Barclays restated an “overweight” rating and issued a $105.00 price target (up from $95.00) on shares of Sempra Energy in a report on Wednesday, April 15th. UBS Group restated a “neutral” rating and issued a $100.00 price target (up from $96.00) on shares of Sempra Energy in a report on Friday, March 6th. Finally, Wells Fargo & Company restated an “overweight” rating and issued a $118.00 price target on shares of Sempra Energy in a report on Tuesday, April 21st. Two investment analysts have rated the stock with a Strong Buy rating, eight have issued a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Sempra Energy currently has an average rating of “Moderate Buy” and an average target price of $103.00.

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.