Gateway Wealth Partners LLC Invests $605,000 in Sempra Energy $SRE

Gateway Wealth Partners LLC acquired a new position in shares of Sempra Energy (NYSE:SRE) during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm acquired 6,227 shares of the utilities provider’s stock, valued at approximately $605,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Weiss Asset Management LP increased its holdings in shares of Sempra Energy by 1,047.2% in the first quarter. Weiss Asset Management LP now owns 178,510 shares of the utilities provider’s stock worth $17,346,000 after acquiring an additional 162,949 shares in the last quarter. Lombard Odier Asset Management Switzerland SA lifted its holdings in shares of Sempra Energy by 54.5% during the 1st quarter. Lombard Odier Asset Management Switzerland SA now owns 28,005 shares of the utilities provider’s stock valued at $2,721,000 after purchasing an additional 9,874 shares in the last quarter. Waverly Advisors LLC lifted its holdings in shares of Sempra Energy by 50.8% during the 1st quarter. Waverly Advisors LLC now owns 14,241 shares of the utilities provider’s stock valued at $1,384,000 after purchasing an additional 4,797 shares in the last quarter. Entropy Technologies LP acquired a new position in shares of Sempra Energy in the 1st quarter valued at approximately $4,191,000. Finally, Bridgewater Advisors Inc. grew its position in shares of Sempra Energy by 2.2% in the 1st quarter. Bridgewater Advisors Inc. now owns 6,614 shares of the utilities provider’s stock valued at $643,000 after purchasing an additional 140 shares during the period. 89.65% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several brokerages have commented on SRE. Wells Fargo & Company restated an “overweight” rating and set a $118.00 target price on shares of Sempra Energy in a report on Tuesday, April 21st. Jefferies Financial Group set a $101.00 price objective on shares of Sempra Energy in a research report on Thursday, July 16th. Wall Street Zen raised shares of Sempra Energy from a “sell” rating to a “hold” rating in a research note on Saturday, July 25th. Truist Financial set a $104.00 target price on Sempra Energy and gave the stock a “buy” rating in a report on Monday, May 18th. Finally, TD Cowen assumed coverage on Sempra Energy in a research note on Wednesday, July 8th. They issued a “buy” rating on the stock. One research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat, Sempra Energy presently has an average rating of “Moderate Buy” and a consensus target price of $104.23.

Insiders Place Their Bets

In related news, Director Pablo Ferrero sold 2,600 shares of Sempra Energy stock in a transaction dated Monday, May 18th. The stock was sold at an average price of $89.53, for a total value of $232,778.00. Following the sale, the director owned 15,423 shares of the company’s stock, valued at approximately $1,380,821.19. The trade was a 14.43% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, 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 sale, the insider owned 22,870 shares in the company, valued at $2,107,013.10. The trade was a 12.61% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 13,900 shares of company stock valued at $1,261,207 in the last three months. 0.31% of the stock is currently owned by corporate insiders.

Sempra Energy Price Performance

Shares of SRE opened at $89.55 on Friday. The stock has a market capitalization of $58.54 billion, a P/E ratio of 30.36, a P/E/G ratio of 2.13 and a beta of 0.56. Sempra Energy has a twelve month low of $78.97 and a twelve month high of $101.04. The company has a 50 day moving average of $91.85 and a 200-day moving average of $92.51. 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 (NYSE:SRE) last posted its quarterly earnings data 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 net margin of 14.31% and a return on equity of 8.20%. The company had revenue of $3.65 billion for the quarter, compared to the consensus estimate of $4.10 billion. During the same period last year, the company earned $1.44 earnings per share. The firm’s revenue 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, equities research analysts forecast that Sempra Energy will post 5.12 EPS for the current fiscal 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 given a dividend of $0.6575 per share. The ex-dividend date of this dividend was Thursday, June 25th. This represents a $2.63 annualized dividend and a yield of 2.9%. Sempra Energy’s payout ratio is 89.15%.

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.