Canada Pension Plan Investment Board Makes New Investment in Sempra Energy $SRE

Canada Pension Plan Investment Board bought a new stake in Sempra Energy (NYSE:SRE) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 429,493 shares of the utilities provider’s stock, valued at approximately $39,818,000.

Several other institutional investors and hedge funds also recently made changes to their positions in SRE. Bell Investment Advisors Inc increased its stake in shares of Sempra Energy by 79.5% in the first quarter. Bell Investment Advisors Inc now owns 262 shares of the utilities provider’s stock worth $25,000 after buying an additional 116 shares during the last quarter. Frazier Financial Advisors LLC bought a new position in Sempra Energy during the 2nd quarter valued at $25,000. Ares Financial Consulting LLC bought a new position in Sempra Energy during the 4th quarter valued at $26,000. Edmond DE Rothschild Holding S.A. acquired a new position in Sempra Energy during the 2nd quarter worth $27,000. Finally, Silvant Capital Management LLC bought a new stake in shares of Sempra Energy in the 2nd quarter worth about $28,000. 89.65% of the stock is currently owned by hedge funds and other institutional investors.

Sempra Energy Stock Down 0.6%

SRE stock opened at $84.75 on Friday. The company has a debt-to-equity ratio of 0.78, a current ratio of 1.64 and a quick ratio of 1.62. Sempra Energy has a 1-year low of $78.97 and a 1-year high of $101.04. The firm has a fifty day moving average price of $89.80 and a two-hundred day moving average price of $92.16. The firm has a market cap of $55.42 billion, a price-to-earnings ratio of 24.57, a PEG ratio of 2.05 and a beta of 0.57.

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

Insider Buying and Selling at Sempra Energy

In related news, EVP Caroline Ann Winn sold 8,000 shares of the stock in a transaction dated Wednesday, June 17th. The shares were sold at an average price of $90.55, for a total transaction of $724,400.00. Following the sale, the executive vice president owned 25,164 shares in the company, valued at $2,278,600.20. This 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 through this hyperlink. 0.31% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

SRE has been the topic of a number of recent analyst reports. Barclays cut their target price on shares of Sempra Energy from $105.00 to $103.00 and set an “overweight” rating on the stock in a research note on Thursday, July 9th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Sempra Energy in a research note on Friday, July 17th. 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. BMO Capital Markets set a $102.00 price objective on Sempra Energy and gave the company an “outperform” rating in a research note on Wednesday, July 22nd. Finally, Jefferies Financial Group set a $101.00 price objective on Sempra Energy in a research note on Thursday, July 16th. One equities research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $103.62.

Sempra Energy 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.