Sempra Energy $SRE Shares Purchased by Prudential PLC

Prudential PLC raised its stake in shares of Sempra Energy (NYSE:SRE) by 500.2% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 64,346 shares of the utilities provider’s stock after purchasing an additional 53,625 shares during the period. Prudential PLC’s holdings in Sempra Energy were worth $5,681,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Ares Financial Consulting LLC acquired a new position in Sempra Energy during the fourth quarter worth approximately $26,000. Key Financial Inc increased its position in Sempra Energy by 73.6% during the fourth quarter. Key Financial Inc now owns 361 shares of the utilities provider’s stock worth $32,000 after purchasing an additional 153 shares during the last quarter. Annis Gardner Whiting Capital Advisors LLC increased its position 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 worth $32,000 after purchasing an additional 161 shares during the last quarter. Board of the Pension Protection Fund acquired a new position in Sempra Energy during the fourth quarter worth approximately $35,000. Finally, Salomon & Ludwin LLC increased its position in shares of Sempra Energy by 88.8% in the fourth quarter. Salomon & Ludwin LLC now owns 406 shares of the utilities provider’s stock worth $36,000 after acquiring an additional 191 shares in the last quarter. Institutional investors and hedge funds own 89.65% of the company’s stock.

Analyst Upgrades and Downgrades

SRE has been the subject of several recent research reports. Wall Street Zen lowered shares of Sempra Energy from a “hold” rating to a “sell” rating in a research report on Sunday, May 10th. Wells Fargo & Company reissued an “overweight” rating and issued a $118.00 price objective on shares of Sempra Energy in a research report on Tuesday, April 21st. Weiss Ratings reissued a “hold (c+)” rating on shares of Sempra Energy in a research report on Monday, April 20th. JPMorgan Chase & Co. increased their price objective on shares of Sempra Energy from $98.00 to $106.00 and gave the stock an “overweight” rating in a research report on Wednesday, March 18th. Finally, Argus raised shares of Sempra Energy from a “hold” rating to a “buy” rating in a research report on Wednesday, March 4th. 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 stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $102.67.

Sempra Energy Price Performance

Sempra Energy stock opened at $91.51 on Friday. The firm has a fifty day moving average of $93.68 and a 200-day moving average of $91.80. The firm has a market capitalization of $59.82 billion, a P/E ratio of 31.02, a PEG ratio of 3.46 and a beta of 0.56. Sempra Energy has a 52-week low of $73.06 and a 52-week high of $101.04. The company has a quick ratio of 1.66, a current ratio of 1.69 and a debt-to-equity ratio of 0.78.

Sempra Energy (NYSE:SRE) last released its quarterly earnings results on Thursday, May 7th. The utilities provider reported $1.51 earnings per share for the quarter, meeting analysts’ consensus estimates of $1.51. The business had revenue of $3.66 billion during the quarter, compared to analyst estimates 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 was down 3.9% on a year-over-year basis. During the same period last year, the business 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. As a group, 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. 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 2.9%. The ex-dividend date of this dividend is Thursday, June 25th. Sempra Energy’s dividend payout ratio (DPR) is presently 89.15%.

Insider Buying and Selling at Sempra Energy

In related news, CAO Dyan Z. Wold sold 1,539 shares of the firm’s stock in a transaction on Monday, March 16th. The shares were sold at an average price of $95.38, for a total transaction of $146,789.82. Following the completion of the sale, the chief accounting officer directly owned 4,633 shares of the company’s stock, valued at approximately $441,895.54. This trade represents a 24.94% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Jennifer M. Kirk purchased 1,000 shares of the stock in a transaction that occurred on Thursday, March 12th. The shares were purchased at an average cost of $93.44 per share, with a total value of $93,440.00. Following the completion of the acquisition, the director owned 1,000 shares in the company, valued at approximately $93,440. This represents a ∞ increase in their position. The disclosure for this purchase is available in the SEC filing. In the last 90 days, insiders acquired 6,192 shares of company stock worth $576,979 and sold 13,439 shares worth $1,243,713. Company insiders own 0.31% of the company’s stock.

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.