Truist Financial Corp Increases Stock Holdings in Sempra Energy $SRE

Truist Financial Corp raised its stake in Sempra Energy (NYSE:SRE) by 21.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 87,750 shares of the utilities provider’s stock after purchasing an additional 15,698 shares during the quarter. Truist Financial Corp’s holdings in Sempra Energy were worth $7,747,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Mirae Asset Global Investments Co. Ltd. raised its stake in shares of Sempra Energy by 19.4% during the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 85,334 shares of the utilities provider’s stock worth $7,678,000 after buying an additional 13,864 shares in the last quarter. Peak Financial Advisors LLC boosted its holdings 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 worth $2,344,000 after purchasing an additional 17,400 shares during the last quarter. Lansforsakringar Fondforvaltning AB publ boosted its holdings 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 worth $18,302,000 after purchasing an additional 11,020 shares during the last quarter. Duff & Phelps Investment Management Co. boosted its holdings 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 worth $192,846,000 after purchasing an additional 106,380 shares during the last quarter. Finally, ANTIPODES PARTNERS Ltd acquired a new stake in shares of Sempra Energy during the third quarter worth $150,993,000. 89.65% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several research firms have recently issued reports on SRE. Barclays restated an “overweight” rating and set a $105.00 price objective (up from $95.00) on shares of Sempra Energy in a report on Wednesday, April 15th. Argus upgraded Sempra Energy from a “hold” rating to a “buy” rating in a report on Wednesday, March 4th. Truist Financial set a $108.00 price objective on Sempra Energy and gave the stock a “buy” rating in a report on Monday, April 20th. UBS Group restated a “neutral” rating and set a $100.00 price objective (up from $96.00) on shares of Sempra Energy in a report on Friday, March 6th. Finally, Wells Fargo & Company restated an “overweight” rating and set a $118.00 price objective on shares of Sempra Energy in a report on Tuesday, April 21st. Two analysts have rated the stock with a Strong Buy rating, eight have assigned a Buy rating and four have issued a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $102.67.

Key Sempra Energy News

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

• Positive Sentiment: Sempra’s adjusted Q1 EPS of $1.51 matched estimates and improved from $1.44 a year ago, showing earnings growth despite a mixed operating backdrop. Sempra Reports First-Quarter 2026 Results
• Positive Sentiment: Oncor, Sempra’s Texas utility, reported higher first-quarter net income, supported by rate increases, customer growth, and infrastructure investments, which helps reinforce the company’s long-term growth story. Oncor Reports First Quarter 2026 Results
• Neutral Sentiment: Management and call coverage emphasized Sempra’s “massive growth plan,” suggesting continued capital investment and expansion, but with limited immediate detail in the available summaries. Sempra Energy Earnings Call Highlights Massive Growth Plan
• Negative Sentiment: Revenue missed expectations at $3.65 billion versus about $4.10 billion expected, and the company cited weaker natural gas sales and softer California utility revenue. Sempra narrowly misses profit estimates on lower sales
• Negative Sentiment: Full-year 2026 and 2027 EPS guidance came in below consensus, which is likely weighing on the stock more than the near-term earnings beat. Conference Call and Earnings Release

Insider Activity at Sempra Energy

In related news, Director Cynthia J. Warner acquired 2,500 shares of Sempra Energy stock in a transaction on Wednesday, March 11th. The shares were bought at an average price of $92.95 per share, for a total transaction of $232,375.00. Following the completion of the purchase, the director directly owned 11,275 shares in the company, valued at $1,048,011.25. This trade represents a 28.49% increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, EVP Justin Christopher Bird sold 1,128 shares of the business’s stock in a transaction dated Wednesday, April 1st. The stock was sold at an average price of $96.69, for a total value of $109,066.32. Following the transaction, the executive vice president owned 21,632 shares in the company, valued at approximately $2,091,598.08. This represents a 4.96% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have acquired 6,192 shares of company stock valued at $576,979 and have sold 7,539 shares valued at $706,906. Company insiders own 0.31% of the company’s stock.

Sempra Energy Price Performance

Shares of Sempra Energy stock opened at $91.55 on Friday. Sempra Energy has a twelve month low of $73.06 and a twelve month high of $101.04. The stock has a market capitalization of $59.81 billion, a P/E ratio of 31.03, a PEG ratio of 3.43 and a beta of 0.60. The company has a current ratio of 1.69, a quick ratio of 1.57 and a debt-to-equity ratio of 0.78. The business’s fifty day moving average price is $95.10 and its 200 day moving average price is $92.01.

Sempra Energy (NYSE:SRE) last issued its earnings results on Thursday, May 7th. The utilities provider reported $1.51 earnings per share for the quarter, meeting analysts’ consensus estimates of $1.51. Sempra Energy had a return on equity of 8.20% and a net margin of 14.31%.The firm had revenue of $3.66 billion for the quarter, compared to analysts’ expectations of $4.10 billion. During the same quarter last year, the firm earned $1.44 earnings per share. The firm’s revenue for the quarter 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, research analysts anticipate that Sempra Energy will post 5.16 earnings per share for the current year.

Sempra Energy Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, April 15th. Investors of record on Thursday, March 19th were issued a $0.6575 dividend. The ex-dividend date 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 95.29%.

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.