Van ECK Associates Corp Makes New Investment in Sempra Energy $SRE

Van ECK Associates Corp acquired a new stake in Sempra Energy (NYSE:SRE) in the second quarter, HoldingsChannel reports. The institutional investor acquired 278,599 shares of the utilities provider’s stock, valued at approximately $25,829,000.

Other large investors also recently modified their holdings of the company. Bell Investment Advisors Inc increased its position in shares of 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 acquiring an additional 116 shares during the last quarter. Frazier Financial Advisors LLC purchased a new position in Sempra Energy in the second quarter valued at about $25,000. Edmond DE Rothschild Holding S.A. purchased a new position in Sempra Energy in the second quarter valued at about $27,000. Silvant Capital Management LLC purchased a new position in Sempra Energy in the second quarter valued at about $28,000. Finally, Clal Insurance Enterprises Holdings Ltd grew its stake 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 in the last quarter. 89.65% of the stock is currently owned by institutional investors and hedge funds.

Sempra Energy Trading Down 0.1%

Shares of NYSE SRE opened at $84.25 on Monday. 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’s 50 day moving average price is $89.67 and its two-hundred day moving average price is $92.14. Sempra Energy has a 52-week low of $78.97 and a 52-week high of $101.04. The stock has a market capitalization of $55.09 billion, a P/E ratio of 24.42, a PEG ratio of 2.03 and a beta of 0.57.

Sempra Energy (NYSE:SRE) last issued its earnings results on Thursday, August 6th. The utilities provider reported $1.16 EPS for the quarter, topping the consensus estimate of $1.01 by $0.15. Sempra Energy had a return on equity of 8.49% and a net margin of 16.70%.The company had revenue of $3 billion during the quarter, compared to analyst estimates of $3.14 billion. During the same quarter last year, the firm earned $0.89 EPS. The business’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, analysts anticipate that Sempra Energy will post 5.12 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several equities research analysts have issued reports on SRE shares. BMO Capital Markets set a $102.00 price objective on Sempra Energy and gave the stock an “outperform” rating in a report on Wednesday, July 22nd. Wall Street Zen raised shares of Sempra Energy from a “sell” rating to a “hold” rating in a research report on Saturday, July 25th. Barclays dropped their price target on shares of Sempra Energy from $105.00 to $103.00 and set an “overweight” rating for the company in a research note on Thursday, July 9th. Jefferies Financial Group set a $101.00 price target on shares of Sempra Energy in a report on Thursday, July 16th. Finally, TD Cowen assumed coverage on shares of Sempra Energy in a research note on Wednesday, July 8th. They set a “buy” rating on the stock. One equities research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $103.62.

Insider Transactions at Sempra Energy

In other news, EVP Caroline Ann Winn sold 8,000 shares of the firm’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 approximately $2,278,600.20. This trade represents a 24.12% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. 0.31% of the stock is owned by company insiders.

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.