Harrison Street Private Wealth LLC Makes New $3.61 Million Investment in Sempra Energy $SRE

Harrison Street Private Wealth LLC acquired a new position in shares of Sempra Energy (NYSE:SRE) during the 1st quarter, Holdings Channel.com reports. The fund acquired 37,110 shares of the utilities provider’s stock, valued at approximately $3,606,000. Sempra Energy accounts for approximately 4.8% of Harrison Street Private Wealth LLC’s investment portfolio, making the stock its 11th biggest position.

A number of other institutional investors and hedge funds have also modified their holdings of the company. Creative Capital Management Investments LLC raised its position in Sempra Energy by 12.1% in the first quarter. Creative Capital Management Investments LLC now owns 1,040 shares of the utilities provider’s stock worth $101,000 after purchasing an additional 112 shares in the last quarter. Rosenberg Matthew Hamilton raised its holdings in shares of Sempra Energy by 2.3% in the 4th quarter. Rosenberg Matthew Hamilton now owns 5,191 shares of the utilities provider’s stock worth $458,000 after buying an additional 116 shares in the last quarter. Bell Investment Advisors Inc raised its holdings in shares of Sempra Energy by 79.5% in the 1st quarter. Bell Investment Advisors Inc now owns 262 shares of the utilities provider’s stock worth $25,000 after buying an additional 116 shares in the last quarter. Gulf International Bank UK Ltd lifted its position in shares of Sempra Energy by 0.4% during the 4th quarter. Gulf International Bank UK Ltd now owns 35,009 shares of the utilities provider’s stock worth $3,091,000 after buying an additional 123 shares during the period. Finally, Silvia Mccoll Wealth Management LLC boosted its stake in Sempra Energy by 1.4% in the 4th quarter. Silvia Mccoll Wealth Management LLC now owns 9,045 shares of the utilities provider’s stock valued at $799,000 after buying an additional 124 shares in the last quarter. 89.65% of the stock is currently owned by institutional investors.

Sempra Energy Stock Up 1.8%

NYSE:SRE opened at $93.01 on Friday. The company has a market cap of $60.80 billion, a price-to-earnings ratio of 31.53, a P/E/G ratio of 2.20 and a beta of 0.56. The company has a debt-to-equity ratio of 0.78, a quick ratio of 1.66 and a current ratio of 1.69. The stock’s fifty day moving average price is $91.81 and its two-hundred day moving average price is $91.89. Sempra Energy has a 52-week low of $73.18 and a 52-week high of $101.04.

Sempra Energy (NYSE:SRE) last released its earnings results on Thursday, May 7th. The utilities provider reported $1.51 EPS for the quarter, meeting the consensus estimate of $1.51. The company 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 business’s revenue for the quarter was down 3.9% on a year-over-year basis. During the same period last year, the firm earned $1.44 EPS. 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, analysts anticipate that Sempra Energy will post 5.11 EPS for the current year.

Sempra Energy Dividend Announcement

The firm also recently disclosed 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 annualized dividend and a yield of 2.8%. The ex-dividend date is Thursday, June 25th. Sempra Energy’s dividend payout ratio is currently 89.15%.

Insider Buying and Selling at Sempra Energy

In other Sempra Energy news, EVP Caroline Ann Winn sold 8,000 shares of Sempra Energy stock in a transaction on Wednesday, June 17th. The shares were sold at an average price of $90.55, for a total transaction of $724,400.00. Following the completion of the sale, the executive vice president owned 25,164 shares of the company’s stock, valued at approximately $2,278,600.20. The trade was a 24.12% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Diana L. Day sold 3,300 shares of the stock in a transaction on Thursday, May 14th. The shares were sold at an average price of $92.13, for a total value of $304,029.00. Following the completion of the transaction, the insider directly owned 22,870 shares in the company, valued at approximately $2,107,013.10. This trade represents a 12.61% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders have sold 13,900 shares of company stock valued at $1,261,207. 0.31% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

SRE has been the subject of several recent analyst reports. Morgan Stanley reissued an “overweight” rating and set a $105.00 price objective on shares of Sempra Energy in a report on Wednesday, June 24th. Wells Fargo & Company restated an “overweight” rating and issued a $118.00 price target on shares of Sempra Energy in a research report on Tuesday, April 21st. Wall Street Zen raised shares of 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 report on Monday, April 20th. Finally, JPMorgan Chase & Co. boosted their target price on Sempra Energy from $98.00 to $106.00 and gave the stock an “overweight” rating in a report on Wednesday, March 18th. One analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat.com, Sempra Energy presently has an average rating of “Moderate Buy” and a consensus price target of $102.75.

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.