National Pension Service Acquires 14,305 Shares of Sempra Energy $SRE

National Pension Service boosted its holdings in shares of Sempra Energy (NYSE:SRE) by 0.5% during the 2nd quarter, HoldingsChannel reports. The institutional investor owned 3,020,337 shares of the utilities provider’s stock after buying an additional 14,305 shares during the period. National Pension Service’s holdings in Sempra Energy were worth $280,015,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of SRE. Bell Investment Advisors Inc boosted its stake in shares of Sempra Energy by 79.5% during the 1st quarter. Bell Investment Advisors Inc now owns 262 shares of the utilities provider’s stock worth $25,000 after acquiring an additional 116 shares in the last quarter. Frazier Financial Advisors LLC acquired a new position in shares of Sempra Energy during the 2nd quarter valued at about $25,000. Edmond DE Rothschild Holding S.A. bought a new position in shares of Sempra Energy in the 2nd quarter valued at approximately $27,000. Silvant Capital Management LLC acquired a new stake in Sempra Energy in the 2nd quarter worth approximately $28,000. Finally, Clal Insurance Enterprises Holdings Ltd lifted its holdings 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 worth $31,000 after purchasing an additional 127 shares during the last quarter. 89.65% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several equities analysts have commented on the company. Barclays lowered their price target on Sempra Energy from $105.00 to $103.00 and set an “overweight” rating on the stock in a report on Thursday, July 9th. Morgan Stanley decreased their price objective on shares of Sempra Energy from $108.00 to $104.00 and set an “overweight” rating for the company in a report on Friday, August 21st. Jefferies Financial Group upgraded shares of Sempra Energy from a “hold” rating to a “buy” rating and dropped their target price for the stock from $101.00 to $97.00 in a report on Tuesday, September 1st. Wall Street Zen raised shares of Sempra Energy from a “sell” rating to a “hold” rating in a research report on Saturday, July 25th. Finally, TD Cowen started coverage on shares of Sempra Energy in a report on Wednesday, July 8th. They set a “buy” rating for the company. One investment 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 stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $102.00.

Sempra Energy Price Performance

Shares of SRE stock opened at $85.12 on Thursday. The stock has a 50 day moving average of $88.28 and a two-hundred day moving average of $91.66. The company has a current ratio of 1.64, a quick ratio of 1.62 and a debt-to-equity ratio of 0.78. Sempra Energy has a 12 month low of $79.59 and a 12 month high of $101.04. The company has a market capitalization of $55.66 billion, a P/E ratio of 24.67, a P/E/G ratio of 2.36 and a beta of 0.55.

Sempra Energy (NYSE:SRE) last released its quarterly earnings data 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. The business had revenue of $3 billion for the quarter, compared to analysts’ expectations of $3.14 billion. Sempra Energy had a return on equity of 8.49% and a net margin of 16.70%.Sempra Energy’s quarterly revenue was down .1% on a year-over-year basis. During the same period in the previous year, the business 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, equities analysts expect that Sempra Energy will post 5.12 EPS for the current year.

Sempra Energy Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, October 15th. Stockholders of record on Thursday, September 24th will be paid a $0.6575 dividend. The ex-dividend date is Thursday, September 24th. This represents a $2.63 dividend on an annualized basis and a dividend yield of 3.1%. Sempra Energy’s dividend payout ratio is currently 76.23%.

Insider Activity at Sempra Energy

In other news, EVP Caroline Winn sold 8,000 shares of Sempra Energy stock in a transaction dated Wednesday, June 17th. The shares were sold at an average price of $90.55, for a total transaction of $724,400.00. Following the sale, the executive vice president directly owned 25,164 shares in the company, valued at approximately $2,278,600.20. The trade was 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.

About Sempra Energy

Sempra, formerly known as Sempra Energy, is an energy infrastructure company headquartered in San Diego, California. The company develops, owns and operates energy networks and infrastructure that support the delivery of natural gas and electricity, with operations focused primarily on North America.

Through its California utilities, Southern California Gas Company and San Diego Gas & Electric, Sempra provides natural gas distribution and electric services to residential, commercial and industrial customers.