Sempra Energy $SRE Shares Purchased by Wealthfront Advisers LLC

Wealthfront Advisers LLC boosted its position in shares of Sempra Energy (NYSE:SREFree Report) by 19.2% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 44,591 shares of the utilities provider’s stock after purchasing an additional 7,169 shares during the quarter. Wealthfront Advisers LLC’s holdings in Sempra Energy were worth $4,333,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in the company. Peak Financial Advisors LLC raised its position in shares of Sempra Energy by 190.1% during the 4th quarter. Peak Financial Advisors LLC now owns 26,552 shares of the utilities provider’s stock worth $2,344,000 after purchasing an additional 17,400 shares during the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. grew its holdings in Sempra Energy by 4.9% during the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 1,590,698 shares of the utilities provider’s stock valued at $142,702,000 after buying an additional 74,749 shares during the last quarter. Tounjian Advisory Partners LLC acquired a new stake in Sempra Energy during the 4th quarter valued at $1,375,000. IFP Advisors Inc increased its position in Sempra Energy by 682.3% during the third quarter. IFP Advisors Inc now owns 19,205 shares of the utilities provider’s stock worth $1,769,000 after buying an additional 16,750 shares in the last quarter. Finally, Dakota Wealth Management increased its position in Sempra Energy by 15.0% during the fourth quarter. Dakota Wealth Management now owns 110,614 shares of the utilities provider’s stock worth $9,771,000 after buying an additional 14,421 shares in the last quarter. Hedge funds and other institutional investors own 89.65% of the company’s stock.

Sempra Energy Trading Up 0.1%

Shares of SRE opened at $92.31 on Monday. Sempra Energy has a fifty-two week low of $76.43 and a fifty-two week high of $101.04. The company has a market capitalization of $60.34 billion, a PE ratio of 31.29, a price-to-earnings-growth ratio of 2.22 and a beta of 0.56. The stock has a fifty day moving average of $91.94 and a two-hundred day moving average of $92.32. The company has a debt-to-equity ratio of 0.78, a quick ratio of 1.66 and a current ratio of 1.69.

Sempra Energy (NYSE:SREGet Free Report) last posted its quarterly earnings data on Thursday, May 7th. The utilities provider reported $1.51 earnings per share (EPS) for the quarter, hitting the consensus estimate of $1.51. The business had revenue of $3.65 billion for the quarter, compared to analysts’ expectations of $4.10 billion. Sempra Energy had a return on equity of 8.20% and a net margin of 14.31%.The business’s revenue was down 3.9% on a year-over-year basis. During the same quarter last year, the firm earned $1.44 earnings per share. 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, analysts forecast that Sempra Energy will post 5.12 EPS for the current year.

Sempra Energy Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, July 15th. Shareholders of record on Thursday, June 25th were issued a $0.6575 dividend. The ex-dividend date was Thursday, June 25th. This represents a $2.63 annualized dividend and a yield of 2.8%. Sempra Energy’s payout ratio is 89.15%.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on SRE. Wells Fargo & Company restated an “overweight” rating and issued a $118.00 price objective on shares of Sempra Energy in a research report on Tuesday, April 21st. Truist Financial set a $104.00 price objective on Sempra Energy and gave the stock a “buy” rating in a research report on Monday, May 18th. Wall Street Zen downgraded shares of Sempra Energy from a “hold” rating to a “sell” rating in a research note on Saturday, July 4th. TD Cowen assumed coverage on shares of Sempra Energy in a report on Wednesday, July 8th. They issued a “buy” rating on the stock. Finally, Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Sempra Energy in a research note on Monday, April 20th. One equities research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat.com, Sempra Energy currently has an average rating of “Moderate Buy” and a consensus price target of $104.08.

Get Our Latest Stock Report on Sempra Energy

Insider Buying and Selling at Sempra Energy

In other news, Director Pablo Ferrero sold 2,600 shares of the company’s stock in a transaction dated Monday, May 18th. The shares were sold at an average price of $89.53, for a total transaction of $232,778.00. Following the completion of the transaction, the director owned 15,423 shares of the company’s stock, valued at $1,380,821.19. This represents a 14.43% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Diana L. Day sold 3,300 shares of the stock in a transaction dated Thursday, May 14th. The stock was sold at an average price of $92.13, for a total transaction of $304,029.00. Following the transaction, the insider owned 22,870 shares in the company, valued at approximately $2,107,013.10. The trade was a 12.61% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 13,900 shares of company stock worth $1,261,207 in the last 90 days. 0.31% of the stock is owned by company insiders.

Sempra Energy Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Sempra Energy (NYSE:SRE)

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