Dockside LLC Takes $3.94 Million Position in Sempra Energy $SRE

Dockside LLC bought a new stake in Sempra Energy (NYSE:SRE) during the 4th quarter, Holdings Channel.com reports. The institutional investor bought 44,606 shares of the utilities provider’s stock, valued at approximately $3,938,000. Sempra Energy accounts for approximately 1.0% of Dockside LLC’s investment portfolio, making the stock its 21st biggest position.

Several other institutional investors and hedge funds also recently made changes to their positions in SRE. Norges Bank acquired a new stake in shares of Sempra Energy in the 4th quarter valued at $914,924,000. Vanguard Group Inc. boosted its stake in shares of Sempra Energy by 14.2% in the 3rd quarter. Vanguard Group Inc. now owns 75,725,594 shares of the utilities provider’s stock valued at $6,813,784,000 after purchasing an additional 9,396,652 shares in the last quarter. JPMorgan Chase & Co. boosted its stake in shares of Sempra Energy by 106.3% in the 3rd quarter. JPMorgan Chase & Co. now owns 10,428,007 shares of the utilities provider’s stock valued at $938,325,000 after purchasing an additional 5,374,277 shares in the last quarter. Capital International Investors boosted its stake in shares of Sempra Energy by 9.2% in the 3rd quarter. Capital International Investors now owns 54,071,206 shares of the utilities provider’s stock valued at $4,865,115,000 after purchasing an additional 4,572,312 shares in the last quarter. Finally, Morgan Stanley boosted its stake in shares of Sempra Energy by 17.0% in the 4th quarter. Morgan Stanley now owns 22,330,091 shares of the utilities provider’s stock valued at $1,971,524,000 after purchasing an additional 3,250,783 shares in the last quarter. Institutional investors and hedge funds own 89.65% of the company’s stock.

Sempra Energy Stock Performance

Sempra Energy stock opened at $92.37 on Friday. The stock has a 50-day simple moving average of $93.13 and a 200 day simple moving average of $91.77. The company has a quick ratio of 1.66, a current ratio of 1.69 and a debt-to-equity ratio of 0.78. Sempra Energy has a 12-month low of $73.06 and a 12-month high of $101.04. The stock has a market capitalization of $60.38 billion, a price-to-earnings ratio of 31.31, a P/E/G ratio of 3.49 and a beta of 0.56.

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, 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 business had revenue of $3.66 billion during the quarter, compared to analysts’ expectations of $4.10 billion. During the same period in the previous year, the business posted $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. On average, research analysts anticipate that Sempra Energy will post 5.11 earnings per share 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 given a dividend of $0.6575 per share. The ex-dividend date is Thursday, June 25th. This represents a $2.63 dividend on an annualized basis and a yield of 2.8%. Sempra Energy’s dividend payout ratio is presently 89.15%.

Insider Buying and Selling at Sempra Energy

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 shares were sold at an average price of $92.13, for a total transaction of $304,029.00. Following the transaction, the insider directly owned 22,870 shares in the company, valued at approximately $2,107,013.10. This represents a 12.61% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, 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 transaction, the director owned 15,423 shares in the company, valued at approximately $1,380,821.19. The trade was a 14.43% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 8,567 shares of company stock valued at $792,663. 0.31% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

Several equities research analysts have recently commented on SRE shares. Truist Financial set a $104.00 target price on shares of Sempra Energy and gave the company a “buy” rating in a research note on Monday, May 18th. Morgan Stanley set a $104.00 target price on shares of Sempra Energy and gave the company an “overweight” rating in a research note on Tuesday, April 21st. Barclays reaffirmed an “overweight” rating and issued a $105.00 price target (up from $95.00) on shares of Sempra Energy in a report on Wednesday, April 15th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Sempra Energy in a report on Monday, April 20th. Finally, Wall Street Zen raised Sempra Energy from a “sell” rating to a “hold” rating in a report on Saturday. One investment analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and four have given 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 target price of $102.67.

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.