OP Asset Management Ltd Takes Position in Sempra Energy $SRE

OP Asset Management Ltd acquired a new position in shares of Sempra Energy (NYSE:SRE) during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 65,260 shares of the utilities provider’s stock, valued at approximately $6,341,000.

Several other large investors have also recently bought and sold shares of SRE. Bell Investment Advisors Inc boosted its position in shares of Sempra Energy by 79.5% during the 1st quarter. Bell Investment Advisors Inc now owns 262 shares of the utilities provider’s stock worth $25,000 after purchasing an additional 116 shares in the last quarter. Ares Financial Consulting LLC acquired a new position in shares of Sempra Energy during the 4th quarter worth $26,000. Clal Insurance Enterprises Holdings Ltd increased its holdings in shares of Sempra Energy by 57.7% in the 4th 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 in the last quarter. Annis Gardner Whiting Capital Advisors LLC increased its holdings in shares of Sempra Energy by 83.0% in the 4th 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. Finally, Key Financial Inc lifted its stake in shares of Sempra Energy by 73.6% in 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. Hedge funds and other institutional investors own 89.65% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have weighed in on SRE shares. Wells Fargo & Company restated an “overweight” rating and set a $118.00 target price on shares of Sempra Energy in a research report on Tuesday, April 21st. Argus raised Sempra Energy from a “hold” rating to a “buy” rating in a research note on Wednesday, March 4th. BMO Capital Markets lowered their price target on Sempra Energy from $105.00 to $103.00 and set an “outperform” rating on the stock in a report on Monday, May 11th. UBS Group reaffirmed a “neutral” rating and issued a $100.00 price objective (up from $96.00) on shares of Sempra Energy in a research note on Friday, March 6th. Finally, Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Sempra Energy in a report on Monday, April 20th. One analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Sempra Energy presently has an average rating of “Moderate Buy” and a consensus price target of $102.75.

Insider Buying and Selling

In other Sempra Energy news, EVP Caroline Ann Winn sold 8,000 shares of the firm’s stock in a transaction on Wednesday, June 17th. The stock was sold at an average price of $90.55, for a total transaction 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. This trade represents a 24.12% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, insider Diana L. Day sold 3,300 shares of the firm’s stock in a transaction on Thursday, May 14th. The stock was sold at an average price of $92.13, for a total value of $304,029.00. Following the transaction, the insider directly owned 22,870 shares of the company’s stock, valued at $2,107,013.10. The trade was a 12.61% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders have sold 15,028 shares of company stock valued at $1,370,273. 0.31% of the stock is currently owned by company insiders.

Sempra Energy Price Performance

Shares of NYSE SRE opened at $93.46 on Friday. The company has a current ratio of 1.69, a quick ratio of 1.66 and a debt-to-equity ratio of 0.78. The company’s 50-day moving average price is $91.94 and its 200 day moving average price is $91.73. Sempra Energy has a 52 week low of $73.18 and a 52 week high of $101.04. The stock has a market cap of $61.10 billion, a price-to-earnings ratio of 31.68, a PEG ratio of 2.23 and a beta of 0.56.

Sempra Energy (NYSE:SRE) 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 company had revenue of $3.65 billion during the quarter, compared to analysts’ expectations of $4.10 billion. During the same quarter in the previous year, the business posted $1.44 earnings per share. The firm’s quarterly revenue was down 3.9% compared to the same quarter last year. 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, research analysts forecast that Sempra Energy will post 5.11 earnings per share for the current fiscal year.

Sempra Energy Dividend Announcement

The firm 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 2.8%. The ex-dividend date of this dividend is Thursday, June 25th. Sempra Energy’s dividend payout ratio (DPR) is 89.15%.

Sempra Energy Company Profile

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.