Northwestern Mutual Wealth Management Co. Buys Shares of 20,137 Sempra Energy $SRE

Northwestern Mutual Wealth Management Co. purchased a new stake in shares of Sempra Energy (NYSE:SRE) during the 2nd quarter, HoldingsChannel.com reports. The firm purchased 20,137 shares of the utilities provider’s stock, valued at approximately $1,867,000.

Other large investors also recently modified their holdings of the company. Wedbush Securities Inc. bought a new position in shares of Sempra Energy in the second quarter valued at approximately $1,535,000. Meiji Yasuda Life Insurance Co bought a new position in Sempra Energy in the 2nd quarter valued at $1,664,000. Hennessy Advisors Inc. bought a new position in Sempra Energy in the 2nd quarter valued at $25,938,000. Greenwood Capital Associates LLC purchased a new position in shares of Sempra Energy during the 2nd quarter valued at $2,005,000. Finally, Greenleaf Trust purchased a new position in shares of Sempra Energy during the 2nd quarter valued at $979,000. 89.65% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently issued reports on the company. TD Cowen initiated coverage on Sempra Energy in a research report on Wednesday, July 8th. They issued a “buy” rating on the stock. Wall Street Zen upgraded Sempra Energy from a “sell” rating to a “hold” rating in a research note on Saturday, July 25th. JPMorgan Chase & Co. lowered their price target on Sempra Energy from $113.00 to $102.00 and set an “overweight” rating on the stock in a report on Wednesday. Barclays cut their price objective on Sempra Energy from $105.00 to $103.00 and set an “overweight” rating for the company in a report on Thursday, July 9th. Finally, Mizuho restated a “neutral” rating and issued a $84.00 price objective (down from $104.00) on shares of Sempra Energy in a research report on Monday, August 31st. One investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $102.00.

Insiders Place Their Bets

In other Sempra Energy news, EVP Caroline Winn sold 8,000 shares of the business’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 sale, the executive vice president directly owned 25,164 shares of the company’s stock, valued at $2,278,600.20. The trade was a 24.12% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. 0.31% of the stock is owned by corporate insiders.

Sempra Energy Stock Performance

NYSE:SRE opened at $83.91 on Friday. The company has a market capitalization of $54.87 billion, a price-to-earnings ratio of 24.32, a PEG ratio of 2.34 and a beta of 0.55. The business has a 50 day moving average of $88.74 and a 200 day moving average of $91.84. 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.

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

Sempra Energy Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, October 15th. Investors of record on Thursday, September 24th will be given a $0.6575 dividend. This represents a $2.63 dividend on an annualized basis and a yield of 3.1%. The ex-dividend date is Thursday, September 24th. Sempra Energy’s dividend payout ratio (DPR) is presently 76.23%.

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.