M&T Bank Corp Boosts Stock Holdings in Sempra Energy $SRE

M&T Bank Corp raised its holdings in shares of Sempra Energy (NYSE:SRE) by 79.0% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 37,817 shares of the utilities provider’s stock after buying an additional 16,688 shares during the period. M&T Bank Corp’s holdings in Sempra Energy were worth $3,339,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Mirae Asset Global Investments Co. Ltd. boosted its position in Sempra Energy by 19.4% during the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 85,334 shares of the utilities provider’s stock valued at $7,678,000 after buying an additional 13,864 shares during the period. Peak Financial Advisors LLC raised its stake in shares of Sempra Energy by 190.1% during the fourth quarter. Peak Financial Advisors LLC now owns 26,552 shares of the utilities provider’s stock valued at $2,344,000 after acquiring an additional 17,400 shares during the last quarter. Lansforsakringar Fondforvaltning AB publ raised its stake in shares of Sempra Energy by 5.7% during the third quarter. Lansforsakringar Fondforvaltning AB publ now owns 203,402 shares of the utilities provider’s stock valued at $18,302,000 after acquiring an additional 11,020 shares during the last quarter. Duff & Phelps Investment Management Co. raised its stake in shares of Sempra Energy by 5.2% during the third quarter. Duff & Phelps Investment Management Co. now owns 2,143,205 shares of the utilities provider’s stock valued at $192,846,000 after acquiring an additional 106,380 shares during the last quarter. Finally, ANTIPODES PARTNERS Ltd bought a new position in shares of Sempra Energy during the third quarter valued at about $150,993,000. 89.65% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, EVP Justin Christopher Bird sold 1,128 shares of the stock in a transaction dated Wednesday, April 1st. The shares were sold at an average price of $96.69, for a total value of $109,066.32. Following the completion of the transaction, the executive vice president directly owned 21,632 shares of the company’s stock, valued at $2,091,598.08. This represents a 4.96% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CFO Karen L. Sedgwick sold 4,872 shares of the stock in a transaction dated Monday, March 9th. The stock was sold at an average price of $92.58, for a total transaction of $451,049.76. Following the completion of the transaction, the chief financial officer directly owned 39,029 shares of the company’s stock, valued at approximately $3,613,304.82. The trade was a 11.10% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders purchased 6,192 shares of company stock valued at $576,979 and sold 7,539 shares valued at $706,906. Corporate insiders own 0.31% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages have recently commented on SRE. Truist Financial set a $108.00 price objective on shares of Sempra Energy and gave the company a “buy” rating in a research note on Monday, April 20th. JPMorgan Chase & Co. upped their price objective on shares of Sempra Energy from $98.00 to $106.00 and gave the company an “overweight” rating in a research note on Wednesday, March 18th. UBS Group reaffirmed a “neutral” rating and set a $100.00 price objective (up from $96.00) on shares of Sempra Energy in a research note on Friday, March 6th. Morgan Stanley set a $104.00 price objective on shares of Sempra Energy and gave the company an “overweight” rating in a research note on Tuesday, April 21st. Finally, Wells Fargo & Company reaffirmed an “overweight” rating and set a $118.00 price objective on shares of Sempra Energy in a research note on Tuesday, April 21st. Two investment analysts have rated the stock with a Strong Buy rating, eight have assigned a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $102.67.

Key Stories Impacting Sempra Energy

Here are the key news stories impacting Sempra Energy this week:

• Positive Sentiment: Adjusted and GAAP EPS: Sempra reported adjusted Q1 EPS of $1.51 (in line with consensus) and GAAP EPS of $1.58, up year-over-year — a sign that underlying earnings held up. Sempra Reports First-Quarter 2026 Results
• Positive Sentiment: Segment strength: Management flagged gains from the Texas utility and infrastructure businesses that helped offset weakness elsewhere, supporting longer‑term rate base and infrastructure growth narratives. Sempra narrowly misses profit estimates on lower sales
• Neutral Sentiment: Earnings call / transcript available — management commentary and Q&A will be the place to watch for details on interim rates, capital spending and how the company plans to hit guidance. Sempra (SRE) Q1 2026 Earnings Call Transcript
• Neutral Sentiment: Regional utility data: Oncor (Texas) reported stronger Q1 results, which is supportive context for Sempra’s Texas utility exposure, though it’s a separate filing. ONCOR REPORTS FIRST QUARTER 2026 RESULTS
• Negative Sentiment: Revenue miss: Q1 revenue (~$3.65B) fell about 3.9% y/y and was notably below analyst estimates (~$4.10B), driven by lower natural gas sales and weaker California utility revenue — a direct negative for near-term top-line momentum. Sempra’s Q1 Earnings In Line With Estimates, Revenues Fall Y/Y
• Negative Sentiment: Softer guidance: Sempra set FY‑2026 EPS guidance of 4.870–5.370 (below consensus ~5.12) and FY‑2027 guidance of 5.100–5.700 (below consensus ~5.54), which likely pressured the stock as expectations were nudged down. Sempra Reports First-Quarter 2026 Results
• Negative Sentiment: Balance‑sheet concerns: Analysts noted rising debt levels as a risk that could weigh on sentiment and valuation if leverage trends continue. Sempra’s Q1 Earnings In Line With Estimates, Revenues Fall Y/Y

Sempra Energy Price Performance

SRE stock opened at $91.57 on Friday. Sempra Energy has a 1 year low of $73.06 and a 1 year high of $101.04. The company has a market cap of $59.83 billion, a P/E ratio of 33.18, a PEG ratio of 3.51 and a beta of 0.60. The firm has a 50-day moving average of $95.10 and a 200 day moving average of $92.01. The company has a debt-to-equity ratio of 0.75, a current ratio of 1.59 and a quick ratio of 1.57.

Sempra Energy (NYSE:SRE) last released its quarterly earnings results on Thursday, May 7th. The utilities provider reported $1.51 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $1.51. Sempra Energy had a net margin of 13.27% and a return on equity of 8.22%. The company had revenue of $3.66 billion during the quarter, compared to the consensus estimate of $4.10 billion. During the same period in the prior year, the firm earned $1.44 earnings per share. Sempra Energy’s 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, sell-side analysts forecast that Sempra Energy will post 5.15 EPS for the current year.

Sempra Energy Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, April 15th. Investors of record on Thursday, March 19th were paid a $0.6575 dividend. The ex-dividend date of this dividend was Thursday, March 19th. This is an increase from Sempra Energy’s previous quarterly dividend of $0.65. This represents a $2.63 dividend on an annualized basis and a yield of 2.9%. Sempra Energy’s payout ratio is currently 95.29%.

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.