27,751 Shares in Sempra Energy $SRE Bought by Daiichi Life Insurance Co. Ltd.

Daiichi Life Insurance Co. Ltd. purchased a new position in Sempra Energy (NYSE:SRE) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 27,751 shares of the utilities provider’s stock, valued at approximately $2,573,000.

A number of other institutional investors and hedge funds have also bought and sold shares of the business. Bell Investment Advisors Inc lifted its position in shares of Sempra Energy by 79.5% in the first quarter. Bell Investment Advisors Inc now owns 262 shares of the utilities provider’s stock valued at $25,000 after acquiring an additional 116 shares in the last quarter. Frazier Financial Advisors LLC purchased a new stake in shares of Sempra Energy during the second quarter worth about $25,000. Ares Financial Consulting LLC purchased a new stake in shares of Sempra Energy during the fourth quarter worth about $26,000. Edmond DE Rothschild Holding S.A. purchased a new position in Sempra Energy in the 2nd quarter worth approximately $27,000. Finally, Silvant Capital Management LLC purchased a new position in Sempra Energy in the 2nd quarter worth approximately $28,000. 89.65% of the stock is owned by institutional investors.

Sempra Energy Stock Performance

Sempra Energy stock opened at $82.87 on Monday. The company’s 50-day moving average price is $90.31 and its 200-day moving average price is $92.23. The company has a quick ratio of 1.62, a current ratio of 1.64 and a debt-to-equity ratio of 0.78. The company has a market cap of $54.19 billion, a PE ratio of 24.02, a price-to-earnings-growth ratio of 1.99 and a beta of 0.57. Sempra Energy has a twelve month low of $78.97 and a twelve month high of $101.04.

Sempra Energy (NYSE:SRE) last released its quarterly earnings results on Thursday, August 6th. The utilities provider reported $1.16 EPS for the quarter, topping the consensus estimate of $1.01 by $0.15. Sempra Energy had a return on equity of 8.49% and a net margin of 16.70%.The company had revenue of $3 billion during the quarter, compared to analyst estimates of $3.14 billion. During the same quarter last year, the business posted $0.89 earnings per share. The firm’s revenue was down .1% 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 4.800-5.300 EPS. On average, equities research analysts forecast that Sempra Energy will post 5.12 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on SRE shares. TD Cowen initiated coverage on shares of Sempra Energy in a report on Wednesday, July 8th. They set a “buy” rating for the company. Wall Street Zen raised shares of Sempra Energy from a “sell” rating to a “hold” rating in a report on Saturday, July 25th. Morgan Stanley dropped their target price on shares of Sempra Energy from $108.00 to $104.00 and set an “overweight” rating for the company in a research report on Friday. Truist Financial set a $100.00 target price on shares of Sempra Energy and gave the company a “buy” rating in a research note on Thursday, August 13th. Finally, Barclays reduced their price target on shares of Sempra Energy from $105.00 to $103.00 and set an “overweight” rating on the stock in a report on Thursday, July 9th. One investment analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $103.62.

Insider Activity

In other news, EVP Caroline Ann Winn sold 8,000 shares of Sempra Energy stock in a transaction that occurred on Wednesday, June 17th. The stock was 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 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 document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.31% of the stock is owned by insiders.

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.