Commerzbank Aktiengesellschaft FI purchased a new position in shares of Sempra Energy (NYSE:SRE – Free Report) during the second quarter, Holdings Channel reports. The firm purchased 26,566 shares of the utilities provider’s stock, valued at approximately $2,463,000.
Several other institutional investors also recently bought and sold shares of the business. Bell Investment Advisors Inc increased its position in shares of Sempra Energy by 79.5% in the first quarter. Bell Investment Advisors Inc now owns 262 shares of the utilities provider’s stock valued at $25,000 after buying an additional 116 shares in the last quarter. Ares Financial Consulting LLC purchased a new position in shares of Sempra Energy during the 4th quarter valued at approximately $26,000. Clal Insurance Enterprises Holdings Ltd grew its stake in Sempra Energy by 57.7% in the 4th quarter. Clal Insurance Enterprises Holdings Ltd now owns 347 shares of the utilities provider’s stock valued at $31,000 after acquiring an additional 127 shares during the period. Key Financial Inc grew its stake in Sempra Energy by 73.6% in the 4th quarter. Key Financial Inc now owns 361 shares of the utilities provider’s stock valued at $32,000 after acquiring an additional 153 shares during the period. Finally, Annis Gardner Whiting Capital Advisors LLC increased its holdings in Sempra Energy by 83.0% in the 4th quarter. Annis Gardner Whiting Capital Advisors LLC now owns 355 shares of the utilities provider’s stock worth $32,000 after acquiring an additional 161 shares in the last quarter. 89.65% of the stock is owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
A number of equities analysts have weighed in on SRE shares. Jefferies Financial Group set a $101.00 price objective on shares of Sempra Energy in a research report on Thursday, July 16th. Weiss Ratings reissued a “hold (c+)” rating on shares of Sempra Energy in a research note on Friday, July 17th. TD Cowen initiated coverage on shares of Sempra Energy in a research report on Wednesday, July 8th. They set a “buy” rating for the company. Barclays decreased their price target on shares of Sempra Energy from $105.00 to $103.00 and set an “overweight” rating on the stock in a research note on Thursday, July 9th. Finally, BMO Capital Markets set a $102.00 price objective on Sempra Energy and gave the stock an “outperform” rating in a research note on Wednesday, July 22nd. One investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $103.92.
Sempra Energy Stock Down 0.5%
Shares of SRE opened at $85.97 on Tuesday. Sempra Energy has a 52-week low of $78.97 and a 52-week high of $101.04. The company has a quick ratio of 1.62, a current ratio of 1.64 and a debt-to-equity ratio of 0.78. The stock has a fifty day simple moving average of $90.77 and a two-hundred day simple moving average of $92.26. The company has a market capitalization of $56.22 billion, a PE ratio of 24.92, a price-to-earnings-growth ratio of 2.08 and a beta of 0.57.
Sempra Energy (NYSE:SRE – Get Free Report) last announced its quarterly earnings results on Thursday, August 6th. The utilities provider reported $1.16 earnings per share for the quarter, beating the consensus estimate of $1.01 by $0.15. Sempra Energy had a net margin of 16.70% and a return on equity of 8.49%. The firm had revenue of $3 billion for the quarter, compared to analysts’ expectations of $3.14 billion. During the same quarter in the previous year, the company posted $0.89 EPS. The company’s revenue was down .1% 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 4.800-5.300 EPS. As a group, equities analysts forecast that Sempra Energy will post 5.12 EPS for the current year.
Insider Buying and Selling
In other Sempra Energy news, EVP Caroline Ann Winn sold 8,000 shares of the business’s stock in a transaction dated Wednesday, June 17th. The shares were sold at an average price of $90.55, for a total value of $724,400.00. Following the transaction, the executive vice president directly owned 25,164 shares in the company, valued at $2,278,600.20. The trade was a 24.12% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. 0.31% of the stock is owned by company insiders.
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.
Featured Articles
- Five stocks we like better than Sempra Energy
- Commodities Are Booming, But These 3 ETFs Tell Different Stories
- 3 Active ETFs Making Big Moves in August
- This ETF Is Outperforming by Avoiding the S&P 500’s Biggest Problem
- Birkenstock Beats the Skeptics—But Not on EPS
Want to see what other hedge funds are holding SRE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Sempra Energy (NYSE:SRE – Free Report).
Receive News & Ratings for Sempra Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sempra Energy and related companies with MarketBeat.com's FREE daily email newsletter.
