Sempra Energy $SRE Shares Purchased by Geode Capital Management LLC

Geode Capital Management LLC boosted its holdings in Sempra Energy (NYSE:SRE) by 0.8% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 14,298,845 shares of the utilities provider’s stock after buying an additional 116,554 shares during the quarter. Geode Capital Management LLC’s holdings in Sempra Energy were worth $1,256,592,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in SRE. Ares Financial Consulting LLC acquired a new position in Sempra Energy in the fourth quarter worth approximately $26,000. Key Financial Inc grew its position in Sempra Energy by 73.6% in the fourth 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 last quarter. Annis Gardner Whiting Capital Advisors LLC grew its position in Sempra Energy by 83.0% in the fourth quarter. Annis Gardner Whiting Capital Advisors LLC now owns 355 shares of the utilities provider’s stock worth $32,000 after buying an additional 161 shares during the last quarter. Activest Wealth Management grew its position in Sempra Energy by 74.6% in the third quarter. Activest Wealth Management now owns 391 shares of the utilities provider’s stock worth $35,000 after buying an additional 167 shares during the last quarter. Finally, Board of the Pension Protection Fund acquired a new position in Sempra Energy in the fourth quarter worth approximately $35,000. Institutional investors and hedge funds own 89.65% of the company’s stock.

Sempra Energy Trading Down 1.4%

Sempra Energy stock opened at $90.03 on Friday. The company’s fifty day simple moving average is $94.25 and its 200-day simple moving average is $91.92. The company has a quick ratio of 1.66, a current ratio of 1.69 and a debt-to-equity ratio of 0.78. Sempra Energy has a 12 month low of $73.06 and a 12 month high of $101.04. The stock has a market cap of $58.85 billion, a P/E ratio of 30.52, a P/E/G ratio of 3.45 and a beta of 0.60.

Sempra Energy (NYSE:SRE) last released its quarterly earnings data on Thursday, May 7th. The utilities provider reported $1.51 earnings per share (EPS) for the quarter, meeting the consensus estimate of $1.51. Sempra Energy had a net margin of 14.31% and a return on equity of 8.20%. The business had revenue of $3.66 billion during the quarter, compared to analyst estimates of $4.10 billion. During the same quarter in the previous year, the business earned $1.44 EPS. Sempra Energy’s quarterly revenue was down 3.9% compared to the same quarter last year. Sempra Energy has set its FY 2027 guidance at 5.100-5.700 EPS and its FY 2026 guidance at 4.870-5.370 EPS. As a group, sell-side analysts forecast that Sempra Energy will post 5.11 EPS for the current fiscal year.

Sempra Energy Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 15th. Investors of record on Thursday, June 25th will be paid a $0.6575 dividend. This represents a $2.63 annualized dividend and a dividend yield of 2.9%. The ex-dividend date of this dividend is Thursday, June 25th. Sempra Energy’s payout ratio is presently 89.15%.

Insiders Place Their Bets

In related news, insider Diana L. Day sold 3,300 shares of Sempra Energy stock in a transaction on Thursday, May 14th. The shares were sold at an average price of $92.13, for a total value of $304,029.00. Following the completion of the sale, the insider owned 22,870 shares of the company’s stock, valued at approximately $2,107,013.10. The trade was a 12.61% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Pablo Ferrero sold 2,600 shares of Sempra Energy stock in a transaction on Monday, May 18th. The shares were sold at an average price of $89.53, for a total transaction of $232,778.00. Following the completion of the sale, the director directly owned 15,423 shares of the company’s stock, valued at approximately $1,380,821.19. The trade was a 14.43% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have acquired 6,192 shares of company stock worth $576,979 and have sold 13,439 shares worth $1,243,713. 0.31% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

SRE has been the topic of several recent research reports. BMO Capital Markets decreased their price target on shares of Sempra Energy from $105.00 to $103.00 and set an “outperform” rating on the stock in a research report on Monday, May 11th. JPMorgan Chase & Co. raised their price objective on shares of Sempra Energy from $98.00 to $106.00 and gave the stock an “overweight” rating in a research note on Wednesday, March 18th. Barclays reaffirmed an “overweight” rating and issued a $105.00 price objective (up from $95.00) on shares of Sempra Energy in a research note on Wednesday, April 15th. Truist Financial set a $104.00 price objective on shares of Sempra Energy and gave the stock a “buy” rating in a research note on Monday, May 18th. Finally, UBS Group reaffirmed a “neutral” rating and issued a $100.00 price objective (up from $96.00) on shares of Sempra Energy in a research note on Friday, March 6th. One investment analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $102.67.

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.