Aviva PLC Buys 42,269 Shares of Sempra Energy $SRE

Aviva PLC lifted its stake in shares of Sempra Energy (NYSE:SRE) by 4.1% in the fourth quarter, HoldingsChannel reports. The fund owned 1,085,486 shares of the utilities provider’s stock after acquiring an additional 42,269 shares during the period. Aviva PLC’s holdings in Sempra Energy were worth $95,837,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently made changes to their positions in SRE. Norges Bank bought a new position in shares of Sempra Energy during the 4th quarter valued at approximately $914,924,000. Vanguard Group Inc. lifted its holdings in Sempra Energy by 14.2% in the 3rd quarter. Vanguard Group Inc. now owns 75,725,594 shares of the utilities provider’s stock worth $6,813,784,000 after purchasing an additional 9,396,652 shares in the last quarter. JPMorgan Chase & Co. lifted its holdings in Sempra Energy by 106.3% in the 3rd quarter. JPMorgan Chase & Co. now owns 10,428,007 shares of the utilities provider’s stock worth $938,325,000 after purchasing an additional 5,374,277 shares in the last quarter. Capital International Investors lifted its holdings in Sempra Energy by 9.2% in the 3rd quarter. Capital International Investors now owns 54,071,206 shares of the utilities provider’s stock worth $4,865,115,000 after purchasing an additional 4,572,312 shares in the last quarter. Finally, Invesco Ltd. lifted its holdings in Sempra Energy by 40.1% in the 3rd quarter. Invesco Ltd. now owns 10,419,115 shares of the utilities provider’s stock worth $937,512,000 after purchasing an additional 2,984,409 shares in the last quarter. 89.65% of the stock is currently owned by institutional investors.

Sempra Energy Stock Up 0.6%

Shares of SRE opened at $91.57 on Friday. The business’s 50 day simple moving average is $93.23 and its 200-day simple moving average is $91.77. Sempra Energy has a 1 year low of $73.06 and a 1 year high of $101.04. The stock has a market capitalization of $59.86 billion, a price-to-earnings ratio of 31.04, a price-to-earnings-growth ratio of 3.44 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 released its quarterly earnings results on Thursday, May 7th. The utilities provider reported $1.51 earnings per share for the quarter, meeting the consensus estimate of $1.51. Sempra Energy had a return on equity of 8.20% and a net margin of 14.31%.The company had revenue of $3.66 billion for the quarter, compared to analyst estimates of $4.10 billion. During the same quarter in the prior year, the firm posted $1.44 EPS. Sempra Energy’s quarterly revenue was down 3.9% 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 4.870-5.370 EPS. As a group, equities analysts expect that Sempra Energy will post 5.11 earnings per share for the current fiscal year.

Sempra Energy Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, July 15th. Investors of record on Thursday, June 25th will be issued a dividend of $0.6575 per share. This represents a $2.63 annualized dividend and a yield of 2.9%. The ex-dividend date is Thursday, June 25th. Sempra Energy’s dividend payout ratio is presently 89.15%.

Insider Buying and Selling

In other Sempra Energy news, EVP Justin Christopher Bird sold 1,128 shares of the stock in a transaction on Wednesday, April 1st. The stock was sold at an average price of $96.69, for a total value of $109,066.32. Following the sale, the executive vice president owned 21,632 shares in the company, valued at $2,091,598.08. This trade represents a 4.96% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Pablo Ferrero sold 2,600 shares of the stock in a transaction on Monday, May 18th. The stock was sold at an average price of $89.53, for a total value of $232,778.00. Following the completion of the sale, the director owned 15,423 shares in the company, valued at approximately $1,380,821.19. The trade was a 14.43% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 8,567 shares of company stock worth $792,663. 0.31% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

A number of research analysts recently commented on SRE shares. Truist Financial set a $104.00 price target on Sempra Energy and gave the stock a “buy” rating in a report on Monday, May 18th. Wells Fargo & Company reissued an “overweight” rating and issued a $118.00 price target on shares of Sempra Energy in a report on Tuesday, April 21st. Argus raised Sempra Energy from a “hold” rating to a “buy” rating in a report on Wednesday, March 4th. Barclays reissued 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. Finally, JPMorgan Chase & Co. raised their price objective on Sempra Energy from $98.00 to $106.00 and gave the company an “overweight” rating in a research report on Wednesday, March 18th. One investment 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 data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $102.67.

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.