Natixis Advisors LLC Buys 35,441 Shares of Sempra Energy $SRE

Natixis Advisors LLC increased its stake in Sempra Energy (NYSE:SREFree Report) by 7.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 530,945 shares of the utilities provider’s stock after purchasing an additional 35,441 shares during the period. Natixis Advisors LLC’s holdings in Sempra Energy were worth $46,877,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of the stock. Norges Bank bought a new position in Sempra Energy during the fourth quarter valued at approximately $914,924,000. Vanguard Group Inc. grew its position in Sempra Energy by 14.2% during the third quarter. Vanguard Group Inc. now owns 75,725,594 shares of the utilities provider’s stock valued at $6,813,784,000 after acquiring an additional 9,396,652 shares during the last quarter. JPMorgan Chase & Co. grew its position in Sempra Energy by 106.3% during the third quarter. JPMorgan Chase & Co. now owns 10,428,007 shares of the utilities provider’s stock valued at $938,325,000 after acquiring an additional 5,374,277 shares during the last quarter. Capital International Investors grew its position in Sempra Energy by 9.2% during the third quarter. Capital International Investors now owns 54,071,206 shares of the utilities provider’s stock valued at $4,865,115,000 after acquiring an additional 4,572,312 shares during the last quarter. Finally, Invesco Ltd. grew its position in Sempra Energy by 40.1% during the third quarter. Invesco Ltd. now owns 10,419,115 shares of the utilities provider’s stock valued at $937,512,000 after acquiring an additional 2,984,409 shares during the last quarter. 89.65% of the stock is currently owned by institutional investors.

Insider Activity

In other Sempra Energy news, Director Jennifer M. Kirk purchased 1,000 shares of the company’s stock in a transaction that occurred on Thursday, March 12th. The stock was bought at an average price of $93.44 per share, with a total value of $93,440.00. Following the completion of the purchase, the director directly owned 1,000 shares of the company’s stock, valued at $93,440. The trade was a ∞ increase in their position. The purchase was disclosed in a filing with the SEC, which is available at this hyperlink. Also, CAO Dyan Z. Wold sold 1,539 shares of the firm’s stock in a transaction on Monday, March 16th. The stock was sold at an average price of $95.38, for a total value of $146,789.82. Following the completion of the sale, the chief accounting officer directly owned 4,633 shares of the company’s stock, valued at $441,895.54. The trade was a 24.94% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have bought 6,192 shares of company stock valued at $576,979 and have sold 13,439 shares valued at $1,243,713. 0.31% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on SRE shares. Morgan Stanley set a $104.00 price target on shares of Sempra Energy and gave the company an “overweight” rating in a research report on Tuesday, April 21st. Wall Street Zen cut shares of Sempra Energy from a “hold” rating to a “sell” rating in a research report on Sunday, May 10th. Barclays reiterated an “overweight” rating and set a $105.00 price target (up from $95.00) on shares of Sempra Energy in a research report on Wednesday, April 15th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Sempra Energy in a research report on Monday, April 20th. Finally, BMO Capital Markets reduced 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. One analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $102.67.

Read Our Latest Stock Report on SRE

Sempra Energy Stock Performance

NYSE:SRE opened at $89.65 on Thursday. The firm has a market cap of $58.60 billion, a PE ratio of 30.39, a price-to-earnings-growth ratio of 3.39 and a beta of 0.56. Sempra Energy has a fifty-two week low of $73.06 and a fifty-two week high of $101.04. The company has a debt-to-equity ratio of 0.78, a quick ratio of 1.66 and a current ratio of 1.69. The business has a 50 day moving average price of $93.85 and a 200-day moving average price of $91.81.

Sempra Energy (NYSE:SREGet Free Report) last released its quarterly earnings data on Thursday, May 7th. The utilities provider reported $1.51 earnings per share for the quarter, meeting analysts’ consensus estimates of $1.51. The firm had revenue of $3.66 billion during the quarter, compared to analyst estimates of $4.10 billion. Sempra Energy had a return on equity of 8.20% and a net margin of 14.31%.The business’s quarterly revenue was down 3.9% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.44 earnings per share. 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. Equities research analysts predict that Sempra Energy will post 5.11 earnings per share for the current year.

Sempra Energy Dividend Announcement

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

About Sempra Energy

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Sempra Energy (NYSE:SRE)

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