Sanctuary Advisors LLC Cuts Holdings in Sempra Energy $SRE

Sanctuary Advisors LLC lowered its stake in shares of Sempra Energy (NYSE:SRE) by 32.9% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 110,733 shares of the utilities provider’s stock after selling 54,371 shares during the period. Sanctuary Advisors LLC’s holdings in Sempra Energy were worth $10,760,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also bought and sold shares of SRE. 1ST Source Bank increased its holdings in shares of Sempra Energy by 6.1% in the 1st quarter. 1ST Source Bank now owns 3,120 shares of the utilities provider’s stock valued at $303,000 after acquiring an additional 180 shares during the period. Checchi Capital Advisers LLC raised its position in shares of Sempra Energy by 16.2% in the 1st quarter. Checchi Capital Advisers LLC now owns 6,353 shares of the utilities provider’s stock worth $617,000 after acquiring an additional 886 shares in the last quarter. Hartford Funds Management Co LLC lifted its stake in shares of Sempra Energy by 17.4% during the 1st quarter. Hartford Funds Management Co LLC now owns 9,164 shares of the utilities provider’s stock worth $891,000 after purchasing an additional 1,356 shares during the last quarter. Retirement Planning Group LLC lifted its stake in shares of Sempra Energy by 79.9% during the 1st quarter. Retirement Planning Group LLC now owns 4,446 shares of the utilities provider’s stock worth $432,000 after purchasing an additional 1,974 shares during the last quarter. Finally, Empirical Financial Services LLC d.b.a. Empirical Wealth Management boosted its position in Sempra Energy by 53.9% during the first quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 5,764 shares of the utilities provider’s stock valued at $560,000 after purchasing an additional 2,018 shares in the last quarter. Institutional investors own 89.65% of the company’s stock.

Sempra Energy Trading Up 0.4%

Shares of NYSE:SRE opened at $93.14 on Friday. The business’s 50-day moving average is $91.92 and its 200 day moving average is $92.30. Sempra Energy has a 1 year low of $74.82 and a 1 year high of $101.04. The firm has a market capitalization of $60.89 billion, a P/E ratio of 31.57, a P/E/G ratio of 2.23 and a beta of 0.56. The company has a debt-to-equity ratio of 0.78, a current ratio of 1.69 and a quick ratio of 1.66.

Sempra Energy (NYSE:SRE) last issued its quarterly earnings results on Thursday, May 7th. The utilities provider reported $1.51 earnings per share for the quarter, hitting the consensus estimate of $1.51. Sempra Energy had a return on equity of 8.20% and a net margin of 14.31%.The business had revenue of $3.65 billion during the quarter, compared to the consensus estimate of $4.10 billion. During the same quarter last year, the company earned $1.44 earnings per share. The company’s quarterly revenue 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. On average, research analysts predict that Sempra Energy will post 5.12 earnings per share for the current fiscal year.

Sempra Energy Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, July 15th. Investors of record on Thursday, June 25th were paid a $0.6575 dividend. The ex-dividend date was Thursday, June 25th. This represents a $2.63 dividend on an annualized basis and a yield of 2.8%. Sempra Energy’s dividend payout ratio (DPR) is 89.15%.

Wall Street Analysts Forecast Growth

Several equities analysts have issued reports on SRE shares. BMO Capital Markets cut their target price on Sempra Energy from $105.00 to $103.00 and set an “outperform” rating on the stock in a research note on Monday, May 11th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Sempra Energy in a research report on Monday, April 20th. TD Cowen initiated coverage on shares of Sempra Energy in a research note on Wednesday, July 8th. They set a “buy” rating for the company. Morgan Stanley reissued an “overweight” rating and set a $105.00 target price on shares of Sempra Energy in a research report on Wednesday, June 24th. Finally, Truist Financial set a $104.00 target price on shares of Sempra Energy and gave the company a “buy” rating in a research report on Monday, May 18th. One analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $104.08.

Insiders Place Their Bets

In other news, Director Pablo Ferrero sold 2,600 shares of the business’s stock in a transaction on Monday, May 18th. The shares were sold at an average price of $89.53, for a total transaction of $232,778.00. Following the sale, the director directly owned 15,423 shares of the company’s stock, valued at $1,380,821.19. The trade was a 14.43% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Caroline Ann Winn sold 8,000 shares of the company’s stock in a transaction on Wednesday, June 17th. The shares were sold at an average price of $90.55, for a total value of $724,400.00. Following the completion of the transaction, the executive vice president directly owned 25,164 shares in the company, valued at approximately $2,278,600.20. The trade was a 24.12% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 13,900 shares of company stock valued at $1,261,207. Insiders own 0.31% of the company’s stock.

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.