Fideuram Asset Management Ireland dac Acquires Shares of 8,876 Sempra Energy $SRE

Fideuram Asset Management Ireland dac acquired a new stake in shares of Sempra Energy (NYSE:SRE) in the 4th quarter, HoldingsChannel reports. The institutional investor acquired 8,876 shares of the utilities provider’s stock, valued at approximately $784,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Ares Financial Consulting LLC bought a new position in Sempra Energy during the fourth quarter valued at $26,000. Annis Gardner Whiting Capital Advisors LLC grew its holdings in Sempra Energy by 83.0% during 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 during the period. Key Financial Inc grew its holdings in Sempra Energy by 73.6% during the fourth quarter. Key Financial Inc now owns 361 shares of the utilities provider’s stock valued at $32,000 after purchasing an additional 153 shares during the period. Board of the Pension Protection Fund bought a new position in Sempra Energy during the fourth quarter valued at $35,000. Finally, Salomon & Ludwin LLC grew its holdings in Sempra Energy by 88.8% during the fourth quarter. Salomon & Ludwin LLC now owns 406 shares of the utilities provider’s stock valued at $36,000 after purchasing an additional 191 shares during the period. 89.65% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several brokerages have weighed in on SRE. Truist Financial set a $104.00 price objective on Sempra Energy and gave the company a “buy” rating in a report on Monday, May 18th. Argus raised Sempra Energy from a “hold” rating to a “buy” rating in a report on Wednesday, March 4th. Wall Street Zen lowered Sempra Energy from a “hold” rating to a “sell” rating in a report on Sunday, May 10th. Barclays reissued an “overweight” rating and set a $105.00 price objective (up from $95.00) on shares of Sempra Energy in a report on Wednesday, April 15th. Finally, Morgan Stanley set a $104.00 price objective on Sempra Energy and gave the company an “overweight” rating in a report on Tuesday, April 21st. One investment 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. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $102.67.

Sempra Energy Price Performance

Sempra Energy stock opened at $88.90 on Friday. Sempra Energy has a one year low of $73.06 and a one year high of $101.04. The business has a fifty day moving average price of $94.13 and a 200-day moving average price of $91.90. The company has a debt-to-equity ratio of 0.78, a current ratio of 1.69 and a quick ratio of 1.66. The firm has a market capitalization of $58.11 billion, a P/E ratio of 30.13, a PEG ratio of 3.37 and a beta of 0.60.

Sempra Energy (NYSE:SRE) last posted its quarterly earnings results on Thursday, May 7th. The utilities provider reported $1.51 EPS for the quarter, hitting analysts’ consensus estimates of $1.51. Sempra Energy had a return on equity of 8.20% and a net margin of 14.31%.The firm had revenue of $3.66 billion during the quarter, compared to analyst estimates of $4.10 billion. During the same period last year, the company earned $1.44 earnings per share. The business’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. As a group, equities research analysts forecast that Sempra Energy will post 5.11 EPS for the current year.

Sempra Energy Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, July 15th. Investors of record on Thursday, June 25th will be issued a dividend of $0.6575 per share. This represents a $2.63 dividend on an annualized basis and a yield of 3.0%. The ex-dividend date of this dividend is Thursday, June 25th. Sempra Energy’s dividend payout ratio is 89.15%.

Insider Buying and Selling at Sempra Energy

In related news, EVP Justin Christopher Bird sold 1,128 shares of Sempra Energy stock in a transaction on Wednesday, April 1st. The stock was sold at an average price of $96.69, for a total transaction of $109,066.32. Following the completion of the sale, the executive vice president owned 21,632 shares of the company’s stock, valued at approximately $2,091,598.08. This trade represents a 4.96% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Jennifer M. Kirk acquired 1,000 shares of the company’s stock in a transaction that occurred on Thursday, March 12th. The shares were acquired at an average cost of $93.44 per share, with a total value of $93,440.00. Following the purchase, the director directly owned 1,000 shares of the company’s stock, valued at $93,440. This trade represents a ∞ increase in their position. The SEC filing for this purchase provides additional information. In the last ninety days, insiders have purchased 6,192 shares of company stock worth $576,979 and have sold 13,439 shares worth $1,243,713. Insiders own 0.31% of the company’s stock.

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.