15,667 Shares of Sempra Energy $SRE Purchased by CENTRAL TRUST Co

CENTRAL TRUST Co bought a new position in shares of Sempra Energy (NYSE:SRE) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 15,667 shares of the utilities provider’s stock, valued at approximately $1,221,000.

Other hedge funds also recently made changes to their positions in the company. Bell Investment Advisors Inc acquired a new position in shares of Sempra Energy in the 2nd quarter valued at $25,000. Frazier Financial Advisors LLC purchased a new position in Sempra Energy in the second quarter worth $25,000. Anchor Investment Management LLC acquired a new stake in shares of Sempra Energy in the second quarter valued at about $26,000. Edmond DE Rothschild Holding S.A. purchased a new stake in shares of Sempra Energy during the 2nd quarter worth approximately $27,000. Finally, Silvant Capital Management LLC purchased a new position in Sempra Energy in the 2nd quarter valued at approximately $28,000. Hedge funds and other institutional investors own 89.65% of the company’s stock.

Sempra Energy Stock Performance

Shares of SRE opened at $79.59 on Friday. The firm has a market cap of $52.06 billion, a price-to-earnings ratio of 14.76, a price-to-earnings-growth ratio of 2.17 and a beta of 0.55. The company’s fifty day moving average is $81.56 and its 200-day moving average is $89.04. The company has a quick ratio of 1.59, a current ratio of 1.61 and a debt-to-equity ratio of 0.77. Sempra Energy has a 12 month low of $76.21 and a 12 month high of $101.04.

Sempra Energy (NYSE:SRE) last issued its quarterly earnings data on Thursday, November 5th. The utilities provider reported $1.40 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.22 by $0.18. The firm had revenue of $3.19 billion during the quarter, compared to analysts’ expectations of $3.31 billion. Sempra Energy had a net margin of 22.53% and a return on equity of 8.84%. Sempra Energy’s revenue for the quarter was up 1.3% on a year-over-year basis. During the same period in the prior year, the company posted $1.11 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. Equities analysts expect that Sempra Energy will post 5.15 EPS for the current fiscal year.

Sempra Energy Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, January 15th. Stockholders of record on Thursday, December 10th will be issued a dividend of $0.6575 per share. The ex-dividend date of this dividend is Thursday, December 10th. This represents a $2.63 dividend on an annualized basis and a dividend yield of 3.3%. Sempra Energy’s dividend payout ratio is currently 56.32%.

Wall Street Analysts Forecast Growth

SRE has been the subject of several research reports. JPMorgan Chase & Co. cut their price objective on Sempra Energy from $102.00 to $99.00 and set an “overweight” rating for the company in a research report on Monday, October 12th. BTIG Research set a $100.00 price target on shares of Sempra Energy in a report on Tuesday, October 20th. BMO Capital Markets set a $102.00 target price on Sempra Energy and gave the company an “outperform” rating in a research note on Wednesday, July 22nd. Weiss Ratings downgraded Sempra Energy from a “hold (c+)” rating to a “hold (c)” rating in a research note on Friday, October 30th. Finally, Ladenburg Thalmann & Co. Inc. decreased their target price on Sempra Energy from $98.00 to $89.50 and set a “buy” rating for the company in a research report on Tuesday, September 22nd. Fourteen investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat.com, Sempra Energy currently has a consensus rating of “Moderate Buy” and an average price target of $99.47.

Sempra Energy Profile

Sempra is a North American energy infrastructure company headquartered in San Diego, California. Formed in 1998 through the merger of Pacific Enterprises and Enova Corporation, the company develops and operates regulated utilities and energy infrastructure. In California, Sempra’s utilities include San Diego Gas & Electric and Southern California Gas Company, which provide electricity and natural gas services to homes and businesses. In Texas, its operations include an ownership interest in Oncor, an electric transmission and distribution company.