Mosley Wealth Management acquired a new position in shares of Sempra Energy (NYSE:SRE – Free Report) in the 4th quarter, according to the company in its most recent filing with the SEC. The fund acquired 10,079 shares of the utilities provider’s stock, valued at approximately $941,000.
Several other large investors have also recently modified their holdings of SRE. Sepio Capital LP raised its stake in Sempra Energy by 3.0% in the fourth quarter. Sepio Capital LP now owns 6,155 shares of the utilities provider’s stock valued at $543,000 after buying an additional 181 shares during the last quarter. Nuveen LLC raised its stake in Sempra Energy by 19.8% in the fourth quarter. Nuveen LLC now owns 3,695,758 shares of the utilities provider’s stock valued at $326,298,000 after buying an additional 611,946 shares during the last quarter. Xponance LLC raised its stake in Sempra Energy by 17.3% in the fourth quarter. Xponance LLC now owns 117,265 shares of the utilities provider’s stock valued at $10,353,000 after buying an additional 17,316 shares during the last quarter. IFM Investors Pty Ltd raised its stake in Sempra Energy by 0.4% in the fourth quarter. IFM Investors Pty Ltd now owns 180,756 shares of the utilities provider’s stock valued at $15,959,000 after buying an additional 636 shares during the last quarter. Finally, Empowered Funds LLC raised its stake in Sempra Energy by 18.5% in the fourth quarter. Empowered Funds LLC now owns 38,992 shares of the utilities provider’s stock valued at $3,443,000 after buying an additional 6,096 shares during the last quarter. Institutional investors own 89.65% of the company’s stock.
Analysts Set New Price Targets
A number of research analysts have issued reports on SRE shares. BMO Capital Markets cut their price target on shares of Sempra Energy from $105.00 to $103.00 and set an “outperform” rating on the stock in a research note on Monday, May 11th. JPMorgan Chase & Co. raised their price target on shares of Sempra Energy from $98.00 to $106.00 and gave the stock an “overweight” rating in a report on Wednesday, March 18th. Truist Financial set a $104.00 price target on shares of Sempra Energy and gave the stock a “buy” rating in a report on Monday, May 18th. Argus raised shares of Sempra Energy from a “hold” rating to a “buy” rating in a report on Wednesday, March 4th. Finally, UBS Group reaffirmed a “neutral” rating and issued a $100.00 price target (up from $96.00) on shares of Sempra Energy in a report on Friday, March 6th. One equities research 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. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $102.67.
Insider Buying and Selling at Sempra Energy
In other news, Director Pablo Ferrero sold 2,600 shares of the stock in a transaction on Monday, May 18th. The shares were sold at an average price of $89.53, for a total value of $232,778.00. Following the sale, the director owned 15,423 shares in the company, valued at $1,380,821.19. This represents a 14.43% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Justin Christopher Bird sold 1,128 shares of the 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 in the company, valued at $2,091,598.08. The trade was a 4.96% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 8,567 shares of company stock worth $792,663 over the last ninety days. 0.31% of the stock is owned by insiders.
Sempra Energy Trading Up 0.6%
NYSE SRE opened at $91.57 on Friday. The company has a fifty day simple moving average of $93.23 and a two-hundred day simple moving average of $91.77. The stock has a market cap of $59.86 billion, a P/E ratio of 31.04, a P/E/G ratio of 3.44 and a beta of 0.56. Sempra Energy has a 12-month low of $73.06 and a 12-month high of $101.04. 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 (NYSE:SRE – Get Free Report) last posted its quarterly 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. The business 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 quarterly revenue was down 3.9% on a year-over-year basis. During the same quarter last year, the company posted $1.44 earnings per share. 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, analysts forecast that Sempra Energy will post 5.11 earnings per share for the current 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 $0.6575 dividend. The ex-dividend date is Thursday, June 25th. This represents a $2.63 dividend on an annualized basis and a dividend yield of 2.9%. Sempra Energy’s dividend 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.
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