Pure Financial Advisors LLC Buys 10,584 Shares of Sempra Energy $SRE

Pure Financial Advisors LLC grew its stake in Sempra Energy (NYSE:SREFree Report) by 29.2% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 46,776 shares of the utilities provider’s stock after purchasing an additional 10,584 shares during the period. Pure Financial Advisors LLC’s holdings in Sempra Energy were worth $4,130,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in SRE. Ares Financial Consulting LLC bought a new position in Sempra Energy during the fourth quarter valued at about $26,000. Clal Insurance Enterprises Holdings Ltd increased its position in shares of Sempra Energy by 57.7% during the fourth 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 during the period. Annis Gardner Whiting Capital Advisors LLC raised its stake in shares of 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 valued at $32,000 after purchasing an additional 161 shares in the last quarter. Key Financial Inc lifted 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 purchasing an additional 153 shares during the period. Finally, Board of the Pension Protection Fund bought a new position in Sempra Energy in the fourth quarter worth $35,000. Institutional investors own 89.65% of the company’s stock.

Insider Activity

In related news, Director Pablo Ferrero sold 2,600 shares of the firm’s stock in a transaction on Monday, May 18th. The stock was 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 $1,380,821.19. This trade represents a 14.43% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Caroline Ann Winn sold 8,000 shares of Sempra Energy stock in a transaction on Wednesday, June 17th. The shares were sold at an average price of $90.55, for a total value of $724,400.00. Following the completion of the transaction, the executive vice president owned 25,164 shares of the company’s stock, valued at approximately $2,278,600.20. The trade was a 24.12% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 15,028 shares of company stock worth $1,370,273. 0.31% of the stock is currently owned by insiders.

Analysts Set New Price Targets

Several equities research analysts have issued reports on SRE shares. BMO Capital Markets lowered their price target on shares of Sempra Energy from $105.00 to $103.00 and set an “outperform” rating on the stock in a 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 report on Wednesday, March 18th. Argus upgraded shares of Sempra Energy from a “hold” rating to a “buy” rating in a research report on Wednesday, March 4th. UBS Group reissued a “neutral” rating and issued a $100.00 target price (up from $96.00) on shares of Sempra Energy in a research note on Friday, March 6th. Finally, Barclays restated an “overweight” rating and set a $105.00 price target (up from $95.00) on shares of Sempra Energy in a research note on Wednesday, April 15th. One 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 stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $102.67.

View Our Latest Report on SRE

Sempra Energy Stock Down 0.1%

Shares of NYSE:SRE opened at $90.62 on Friday. Sempra Energy has a 52 week low of $73.18 and a 52 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 company’s fifty day moving average is $92.36 and its 200-day moving average is $91.68. The company has a market capitalization of $59.24 billion, a PE ratio of 30.72, a P/E/G ratio of 2.18 and a beta of 0.56.

Sempra Energy (NYSE:SREGet Free Report) last announced its earnings results on Thursday, May 7th. The utilities provider reported $1.51 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates 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 $3.65 billion during the quarter, compared to analysts’ expectations of $4.10 billion. During the same quarter last year, the company posted $1.44 EPS. The firm’s revenue for the quarter was down 3.9% 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 4.870-5.370 EPS. Equities research analysts predict that Sempra Energy will post 5.11 earnings per share for the current fiscal year.

Sempra Energy Dividend Announcement

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

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

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