Greenwood Capital Associates LLC Purchases New Holdings in Sempra Energy $SRE

Greenwood Capital Associates LLC bought a new stake in shares of Sempra Energy (NYSE:SRE) in the second quarter, HoldingsChannel reports. The institutional investor bought 21,624 shares of the utilities provider’s stock, valued at approximately $2,005,000.

A number of other hedge funds also recently modified their holdings of the stock. Bell Investment Advisors Inc grew its stake in Sempra Energy by 79.5% during 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 in the last quarter. Frazier Financial Advisors LLC acquired a new position in shares of Sempra Energy in the 2nd quarter valued at approximately $25,000. Edmond DE Rothschild Holding S.A. acquired a new position in shares of Sempra Energy in the 2nd quarter valued at approximately $27,000. Silvant Capital Management LLC bought a new stake in shares of Sempra Energy during the 2nd quarter worth approximately $28,000. Finally, Clal Insurance Enterprises Holdings Ltd boosted its position in shares of Sempra Energy by 57.7% during the 4th quarter. Clal Insurance Enterprises Holdings Ltd now owns 347 shares of the utilities provider’s stock worth $31,000 after acquiring an additional 127 shares in the last quarter. Institutional investors own 89.65% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on SRE shares. TD Cowen initiated coverage on shares of Sempra Energy in a research note on Wednesday, July 8th. They issued a “buy” rating on the stock. Morgan Stanley reduced their target price on Sempra Energy from $108.00 to $104.00 and set an “overweight” rating on the stock in a report on Friday, August 21st. Jefferies Financial Group set a $101.00 price target on Sempra Energy in a research note on Thursday, July 16th. Weiss Ratings restated a “hold (c+)” rating on shares of Sempra Energy in a research report on Friday, July 17th. Finally, 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. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat.com, Sempra Energy presently has a consensus rating of “Moderate Buy” and a consensus target price of $103.62.

Sempra Energy Stock Down 0.6%

Shares of NYSE:SRE opened at $84.25 on Friday. The company has a fifty day moving average of $89.67 and a 200-day moving average of $92.10. The company has a market capitalization of $55.09 billion, a PE ratio of 24.42, a price-to-earnings-growth ratio of 2.03 and a beta of 0.57. The company has a debt-to-equity ratio of 0.78, a quick ratio of 1.62 and a current ratio of 1.64. Sempra Energy has a 52-week low of $78.97 and a 52-week high of $101.04.

Sempra Energy (NYSE:SRE) last released its quarterly earnings data on Thursday, August 6th. The utilities provider reported $1.16 earnings per share for the quarter, beating the consensus estimate of $1.01 by $0.15. Sempra Energy had a return on equity of 8.49% and a net margin of 16.70%.The company had revenue of $3 billion for the quarter, compared to the consensus estimate of $3.14 billion. During the same quarter last year, the business posted $0.89 EPS. Sempra Energy’s revenue for the quarter was down .1% 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 4.800-5.300 EPS. On average, equities analysts predict that Sempra Energy will post 5.12 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, EVP Caroline Ann Winn sold 8,000 shares of the business’s stock in a transaction that occurred 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 transaction, the executive vice president owned 25,164 shares in the company, valued at approximately $2,278,600.20. The trade was a 24.12% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 0.31% of the company’s stock.

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.