National Pension Service Has $249.60 Million Stake in Sempra Energy $SRE

National Pension Service raised its holdings in Sempra Energy (NYSE:SRE) by 246.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 2,826,999 shares of the utilities provider’s stock after buying an additional 2,010,853 shares during the period. National Pension Service’s holdings in Sempra Energy were worth $249,596,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Empowered Funds LLC increased its stake in shares of Sempra Energy by 52.5% during the 1st quarter. Empowered Funds LLC now owns 18,008 shares of the utilities provider’s stock worth $1,285,000 after purchasing an additional 6,196 shares during the last quarter. Woodline Partners LP increased its stake in shares of Sempra Energy by 40.7% during the 1st quarter. Woodline Partners LP now owns 53,512 shares of the utilities provider’s stock worth $3,819,000 after purchasing an additional 15,474 shares during the last quarter. Baird Financial Group Inc. increased its stake in shares of Sempra Energy by 6.2% during the 2nd quarter. Baird Financial Group Inc. now owns 14,699 shares of the utilities provider’s stock worth $1,114,000 after purchasing an additional 858 shares during the last quarter. Cary Street Partners Financial LLC increased its stake in shares of Sempra Energy by 78.5% during the 2nd quarter. Cary Street Partners Financial LLC now owns 771 shares of the utilities provider’s stock worth $58,000 after purchasing an additional 339 shares during the last quarter. Finally, Sei Investments Co. increased its stake in shares of Sempra Energy by 80.0% during the 2nd quarter. Sei Investments Co. now owns 423,280 shares of the utilities provider’s stock worth $32,072,000 after purchasing an additional 188,131 shares during the last quarter. 89.65% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on SRE shares. Wells Fargo & Company restated an “overweight” rating and set a $118.00 price objective on shares of Sempra Energy in a research note on Tuesday, April 21st. Morgan Stanley set a $104.00 target price on shares of Sempra Energy and gave the stock an “overweight” rating in a report on Tuesday, April 21st. Wall Street Zen downgraded shares of Sempra Energy from a “hold” rating to a “sell” rating in a report on Sunday, May 10th. BMO Capital Markets reduced their target price on shares of Sempra Energy from $105.00 to $103.00 and set an “outperform” rating for the company in a report on Monday, May 11th. Finally, Barclays reaffirmed an “overweight” rating and set a $105.00 target price (up from $95.00) on shares of Sempra Energy in a report on Wednesday, April 15th. One investment analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat, Sempra Energy presently has an average rating of “Moderate Buy” and a consensus target price of $102.67.

Insider Buying and Selling

In related news, Director Pablo Ferrero sold 2,600 shares of the company’s stock in a transaction that occurred 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 transaction, the director directly owned 15,423 shares in the company, valued at $1,380,821.19. This represents a 14.43% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Richard J. Mark acquired 2,692 shares of the stock in a transaction that occurred on Wednesday, March 11th. The shares were bought at an average price of $93.30 per share, with a total value of $251,163.60. Following the completion of the transaction, the director owned 17,376 shares in the company, valued at $1,621,180.80. This represents a 18.33% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. In the last ninety days, insiders acquired 6,192 shares of company stock worth $576,979 and sold 13,439 shares worth $1,243,713. 0.31% of the stock is owned by corporate insiders.

Sempra Energy Price Performance

Shares of NYSE:SRE opened at $88.90 on Friday. The firm has a 50 day moving average of $94.13 and a 200-day moving average of $91.90. The stock has a market capitalization of $58.11 billion, a PE ratio of 30.13, a PEG ratio of 3.40 and a beta of 0.60. The company has a current ratio of 1.69, a quick ratio of 1.66 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.

Sempra Energy (NYSE:SRE) last issued its earnings results on Thursday, May 7th. The utilities provider reported $1.51 EPS for the quarter, meeting the consensus estimate of $1.51. The company had revenue of $3.66 billion during the quarter, compared to analysts’ expectations of $4.10 billion. Sempra Energy had a net margin of 14.31% and a return on equity of 8.20%. The business’s revenue for the quarter was down 3.9% compared to the same quarter last year. During the same period in the previous year, the company earned $1.44 EPS. 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. On average, equities research analysts predict that Sempra Energy will post 5.11 EPS for the current fiscal year.

Sempra Energy Announces Dividend

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 given a $0.6575 dividend. The ex-dividend date is Thursday, June 25th. This represents a $2.63 annualized dividend and a dividend yield of 3.0%. Sempra Energy’s payout ratio is presently 89.15%.

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.