Mitsubishi UFJ Asset Management Co. Ltd. Purchases New Position in Sempra Energy $SRE

Mitsubishi UFJ Asset Management Co. Ltd. acquired a new position in Sempra Energy (NYSE:SRE) in the 2nd quarter, Holdings Channel reports. The institutional investor acquired 1,829,061 shares of the utilities provider’s stock, valued at approximately $169,572,000.

Several other hedge funds have also recently added to or reduced their stakes in the stock. Creative Capital Management Investments LLC boosted its stake in Sempra Energy by 12.1% in the 1st quarter. Creative Capital Management Investments LLC now owns 1,040 shares of the utilities provider’s stock worth $101,000 after purchasing an additional 112 shares during the period. Bell Investment Advisors Inc grew its stake in Sempra Energy by 79.5% during the first quarter. Bell Investment Advisors Inc now owns 262 shares of the utilities provider’s stock worth $25,000 after buying an additional 116 shares in the last quarter. Gulf International Bank UK Ltd grew its position in Sempra Energy by 0.4% in the fourth quarter. Gulf International Bank UK Ltd now owns 35,009 shares of the utilities provider’s stock valued at $3,091,000 after acquiring an additional 123 shares during the last quarter. Rothschild Investment LLC increased its holdings in Sempra Energy by 3.5% in the 4th quarter. Rothschild Investment LLC now owns 3,666 shares of the utilities provider’s stock worth $324,000 after purchasing an additional 124 shares in the last quarter. Finally, 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 worth $31,000 after purchasing an additional 127 shares during the last quarter. Institutional investors and hedge funds own 89.65% of the company’s stock.

Insider Buying and Selling at Sempra Energy

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

Sempra Energy Price Performance

SRE stock opened at $85.97 on Tuesday. The company’s fifty day moving average price is $90.77 and its 200-day moving average price is $92.26. Sempra Energy has a one year low of $78.97 and a one year high of $101.04. The company has a debt-to-equity ratio of 0.78, a quick ratio of 1.62 and a current ratio of 1.64. 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) last released its quarterly earnings results on Thursday, August 6th. The utilities provider reported $1.16 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.01 by $0.15. Sempra Energy had a net margin of 16.70% and a return on equity of 8.49%. The company had revenue of $3 billion for the quarter, compared to the consensus estimate of $3.14 billion. During the same quarter in the prior year, the firm earned $0.89 earnings per share. Sempra Energy’s revenue was down .1% on a year-over-year basis. 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. On average, equities analysts anticipate that Sempra Energy will post 5.12 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on the company. Wall Street Zen raised Sempra Energy from a “sell” rating to a “hold” rating in a research report on Saturday, July 25th. Truist Financial set a $100.00 price objective on shares of Sempra Energy and gave the stock a “buy” rating in a research report on Thursday. BMO Capital Markets set a $102.00 target price on Sempra Energy and gave the company an “outperform” rating in a report on Wednesday, July 22nd. Barclays cut their target price 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, Morgan Stanley reissued an “overweight” rating and set a $108.00 price objective on shares of Sempra Energy in a research report 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 given a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus 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.