Deutsche Bank AG Acquires Shares of 9,671,008 Sempra Energy $SRE

Deutsche Bank AG acquired a new stake in shares of Sempra Energy (NYSE:SRE) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 9,671,008 shares of the utilities provider’s stock, valued at approximately $896,599,000.

A number of other institutional investors also recently modified their holdings of the company. Bell Investment Advisors Inc grew its stake 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 worth $25,000 after purchasing an additional 116 shares during the last quarter. Ares Financial Consulting LLC purchased a new position in Sempra Energy during the 4th quarter valued at about $26,000. Clal Insurance Enterprises Holdings Ltd raised its position in Sempra Energy by 57.7% during the 4th quarter. Clal Insurance Enterprises Holdings Ltd now owns 347 shares of the utilities provider’s stock valued at $31,000 after purchasing an additional 127 shares during the last quarter. Annis Gardner Whiting Capital Advisors LLC raised its position in Sempra Energy by 83.0% during the 4th quarter. Annis Gardner Whiting Capital Advisors LLC now owns 355 shares of the utilities provider’s stock valued at $32,000 after purchasing an additional 161 shares during the last quarter. Finally, Key Financial Inc lifted its holdings in Sempra Energy by 73.6% in the 4th quarter. Key Financial Inc now owns 361 shares of the utilities provider’s stock worth $32,000 after buying an additional 153 shares during the period. 89.65% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In other news, EVP Caroline Ann Winn sold 8,000 shares of Sempra Energy stock in a transaction that occurred on Wednesday, June 17th. The shares were sold at an average price of $90.55, for a total transaction of $724,400.00. Following the completion of the transaction, the executive vice president directly owned 25,164 shares in the company, valued at approximately $2,278,600.20. This trade represents a 24.12% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 0.31% of the company’s stock.

Sempra Energy Stock Down 0.5%

Shares of Sempra Energy stock opened at $85.97 on Tuesday. Sempra Energy has a 1 year low of $78.97 and a 1 year high of $101.04. The firm has a market cap of $56.22 billion, a price-to-earnings ratio of 24.92, a PEG ratio of 2.08 and a beta of 0.57. The company has a 50-day moving average of $90.77 and a 200 day moving average of $92.26. The company has a debt-to-equity ratio of 0.78, a current ratio of 1.64 and a quick ratio of 1.62.

Sempra Energy (NYSE:SRE) last posted its quarterly earnings data on Thursday, August 6th. The utilities provider reported $1.16 EPS for the quarter, topping the consensus estimate of $1.01 by $0.15. The business had revenue of $3 billion for the quarter, compared to analyst estimates of $3.14 billion. Sempra Energy had a net margin of 16.70% and a return on equity of 8.49%. Sempra Energy’s quarterly revenue was down .1% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.89 earnings per share. 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, sell-side analysts anticipate that Sempra Energy will post 5.12 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of brokerages have recently weighed in on SRE. Truist Financial set a $100.00 price objective on Sempra Energy and gave the stock a “buy” rating in a research report on Thursday. TD Cowen began coverage on Sempra Energy in a report on Wednesday, July 8th. They set a “buy” rating for the company. Wells Fargo & Company reaffirmed an “overweight” rating and issued a $118.00 price target on shares of Sempra Energy in a research note on Tuesday, April 21st. Wall Street Zen upgraded shares of Sempra Energy from a “sell” rating to a “hold” rating in a report on Saturday, July 25th. Finally, Barclays decreased their price objective on shares of Sempra Energy from $105.00 to $103.00 and set an “overweight” rating for the company in a report on Thursday, July 9th. One equities research 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 company’s stock. According to MarketBeat.com, Sempra Energy presently has an average rating of “Moderate Buy” and an average price target of $103.92.

About Sempra Energy

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.