Strs Ohio Sells 8,621 Shares of Sempra Energy $SRE

Strs Ohio trimmed its position in shares of Sempra Energy (NYSE:SRE) by 3.4% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 246,302 shares of the utilities provider’s stock after selling 8,621 shares during the quarter. Strs Ohio’s holdings in Sempra Energy were worth $23,933,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also bought and sold shares of the company. Peak Financial Advisors LLC lifted its stake in Sempra Energy by 190.1% in the fourth quarter. Peak Financial Advisors LLC now owns 26,552 shares of the utilities provider’s stock worth $2,344,000 after purchasing an additional 17,400 shares during the last quarter. Duff & Phelps Investment Management Co. boosted its position in shares of Sempra Energy by 5.2% during the third quarter. Duff & Phelps Investment Management Co. now owns 2,143,205 shares of the utilities provider’s stock valued at $192,846,000 after buying an additional 106,380 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. boosted its position in shares of Sempra Energy by 4.9% during the fourth quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 1,590,698 shares of the utilities provider’s stock valued at $142,702,000 after buying an additional 74,749 shares during the period. Tounjian Advisory Partners LLC bought a new position in shares of Sempra Energy during the fourth quarter valued at approximately $1,375,000. Finally, Aventail Capital Group LP grew its stake in shares of Sempra Energy by 50.5% during the third quarter. Aventail Capital Group LP now owns 394,498 shares of the utilities provider’s stock valued at $35,497,000 after buying an additional 132,302 shares during the last quarter. Institutional investors own 89.65% of the company’s stock.

Insider Transactions at Sempra Energy

In other 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 transaction, the executive vice president owned 25,164 shares in the company, valued at approximately $2,278,600.20. This trade represents a 24.12% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, insider Diana L. Day sold 3,300 shares of Sempra Energy stock in a transaction dated Thursday, May 14th. The shares were sold at an average price of $92.13, for a total value of $304,029.00. Following the completion of the sale, the insider owned 22,870 shares of the company’s stock, valued at $2,107,013.10. The trade was a 12.61% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders have sold 13,900 shares of company stock valued at $1,261,207. 0.31% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

A number of equities research analysts recently issued reports on SRE shares. UBS Group reissued a “neutral” rating and set a $100.00 price target (up from $96.00) on shares of Sempra Energy in a research note on Friday, March 6th. Morgan Stanley reaffirmed an “overweight” rating and issued a $105.00 price objective on shares of Sempra Energy in a research report on Wednesday, June 24th. BMO Capital Markets reduced their target price on Sempra Energy from $105.00 to $103.00 and set an “outperform” rating on the stock in a research note on Monday, May 11th. Truist Financial set a $104.00 target price on Sempra Energy and gave the stock a “buy” rating in a research report on Monday, May 18th. Finally, Wells Fargo & Company reissued an “overweight” rating and set a $118.00 target price on shares of Sempra Energy in a research note on Tuesday, April 21st. One analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and four have given a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $102.75.

Sempra Energy Stock Performance

Shares of NYSE:SRE opened at $93.01 on Friday. The firm’s 50 day simple moving average is $91.82 and its 200-day simple moving average is $91.90. The company has a debt-to-equity ratio of 0.78, a quick ratio of 1.66 and a current ratio of 1.69. Sempra Energy has a one year low of $73.18 and a one year high of $101.04. The firm has a market cap of $60.80 billion, a PE ratio of 31.53, a price-to-earnings-growth ratio of 2.24 and a beta of 0.56.

Sempra Energy (NYSE:SRE) last announced its quarterly earnings results on Thursday, May 7th. The utilities provider reported $1.51 earnings per share (EPS) for the quarter, meeting 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 $3.65 billion during the quarter, compared to analyst estimates of $4.10 billion. During the same quarter in the previous year, the business earned $1.44 earnings per share. Sempra Energy’s quarterly revenue 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 analysts predict that Sempra Energy will post 5.11 EPS for the current year.

Sempra Energy Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Thursday, June 25th will be given a dividend of $0.6575 per share. The ex-dividend date of this dividend is Thursday, June 25th. This represents a $2.63 dividend on an annualized basis and a dividend yield of 2.8%. Sempra Energy’s dividend payout ratio is presently 89.15%.

Sempra Energy 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.