Foundations Investment Advisors LLC Boosts Stock Position in Sempra Energy $SRE

Foundations Investment Advisors LLC boosted its holdings in Sempra Energy (NYSE:SRE) by 8.7% during the 4th quarter, Holdings Channel reports. The firm owned 147,905 shares of the utilities provider’s stock after acquiring an additional 11,818 shares during the period. Foundations Investment Advisors LLC’s holdings in Sempra Energy were worth $13,059,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Empowered Funds LLC lifted its position in shares of Sempra Energy by 52.5% during the 1st quarter. Empowered Funds LLC now owns 18,008 shares of the utilities provider’s stock valued at $1,285,000 after buying an additional 6,196 shares during the last quarter. Woodline Partners LP lifted its position in shares of Sempra Energy by 40.7% during the 1st quarter. Woodline Partners LP now owns 53,512 shares of the utilities provider’s stock valued at $3,819,000 after buying an additional 15,474 shares during the last quarter. Baird Financial Group Inc. lifted its position in shares of Sempra Energy by 6.2% during the 2nd quarter. Baird Financial Group Inc. now owns 14,699 shares of the utilities provider’s stock valued at $1,114,000 after buying an additional 858 shares during the last quarter. Cary Street Partners Financial LLC lifted its position in shares of Sempra Energy by 78.5% during the 2nd quarter. Cary Street Partners Financial LLC now owns 771 shares of the utilities provider’s stock valued at $58,000 after buying an additional 339 shares during the last quarter. Finally, Sei Investments Co. lifted its position in shares of Sempra Energy by 80.0% during the 2nd quarter. Sei Investments Co. now owns 423,280 shares of the utilities provider’s stock valued at $32,072,000 after buying an additional 188,131 shares during the last quarter. Hedge funds and other institutional investors own 89.65% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on SRE shares. Wall Street Zen cut Sempra Energy from a “hold” rating to a “sell” rating in a research report on Sunday, May 10th. Barclays reaffirmed an “overweight” rating and set a $105.00 price target (up from $95.00) on shares of Sempra Energy in a research report on Wednesday, April 15th. Truist Financial set a $104.00 price target on Sempra Energy and gave the company a “buy” rating in a research report on Monday, May 18th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Sempra Energy in a research report on Monday, April 20th. Finally, BMO Capital Markets dropped their price target on Sempra Energy from $105.00 to $103.00 and set an “outperform” rating on the stock in a research report on Monday, May 11th. One research 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 company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $102.67.

Insiders Place Their Bets

In other Sempra Energy news, insider Diana L. Day sold 3,300 shares of the company’s stock in a transaction dated Thursday, May 14th. The stock was sold at an average price of $92.13, for a total value of $304,029.00. Following the transaction, the insider directly owned 22,870 shares in the company, valued at $2,107,013.10. This represents a 12.61% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Richard J. Mark bought 2,692 shares of the firm’s stock in a transaction on Wednesday, March 11th. The stock was acquired at an average price of $93.30 per share, for a total transaction of $251,163.60. Following the completion of the purchase, the director directly owned 17,376 shares in the company, valued at approximately $1,621,180.80. The trade was a 18.33% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Over the last three months, insiders purchased 6,192 shares of company stock worth $576,979 and sold 13,439 shares worth $1,243,713. 0.31% of the stock is owned by insiders.

Sempra Energy Price Performance

Shares of NYSE SRE opened at $91.23 on Thursday. The firm has a market capitalization of $59.64 billion, a P/E ratio of 30.93, a P/E/G ratio of 3.46 and a beta of 0.60. The company has a quick ratio of 1.66, a current ratio of 1.69 and a debt-to-equity ratio of 0.78. The stock’s 50-day simple moving average is $94.37 and its two-hundred day simple moving average is $91.95. Sempra Energy has a twelve month low of $73.06 and a twelve month high of $101.04.

Sempra Energy (NYSE:SRE) last announced its earnings results on Thursday, May 7th. The utilities provider reported $1.51 earnings per share for the quarter, hitting analysts’ consensus estimates of $1.51. The business had revenue of $3.66 billion for the quarter, compared to analyst estimates of $4.10 billion. Sempra Energy had a return on equity of 8.20% and a net margin of 14.31%.The company’s quarterly revenue was down 3.9% compared to the same quarter last year. During the same period in the prior year, the company earned $1.44 EPS. 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 anticipate that Sempra Energy will post 5.11 EPS for the current fiscal year.

Sempra Energy Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, July 15th. Shareholders of record on Thursday, June 25th will be paid a $0.6575 dividend. This represents a $2.63 dividend on an annualized basis and a yield of 2.9%. The ex-dividend date is Thursday, June 25th. Sempra Energy’s dividend payout ratio is currently 89.15%.

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.