Energy Income Partners LLC Buys 19,902 Shares of Sempra Energy $SRE

Energy Income Partners LLC boosted its stake in shares of Sempra Energy (NYSE:SRE) by 1.5% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,342,678 shares of the utilities provider’s stock after acquiring an additional 19,902 shares during the period. Sempra Energy accounts for about 2.1% of Energy Income Partners LLC’s portfolio, making the stock its 12th biggest position. Energy Income Partners LLC’s holdings in Sempra Energy were worth $130,468,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Creative Capital Management Investments LLC lifted its position in shares of Sempra Energy by 12.1% during the 1st quarter. Creative Capital Management Investments LLC now owns 1,040 shares of the utilities provider’s stock valued at $101,000 after acquiring an additional 112 shares during the period. Bell Investment Advisors Inc raised its stake in Sempra Energy by 79.5% in the first quarter. Bell Investment Advisors Inc now owns 262 shares of the utilities provider’s stock valued at $25,000 after purchasing an additional 116 shares in the last quarter. Gulf International Bank UK Ltd raised its stake in Sempra Energy by 0.4% in the fourth quarter. Gulf International Bank UK Ltd now owns 35,009 shares of the utilities provider’s stock valued at $3,091,000 after purchasing an additional 123 shares in the last quarter. Rothschild Investment LLC lifted its position in Sempra Energy by 3.5% during the fourth quarter. Rothschild Investment LLC now owns 3,666 shares of the utilities provider’s stock worth $324,000 after purchasing an additional 124 shares during the period. Finally, Clal Insurance Enterprises Holdings Ltd lifted its position in Sempra Energy by 57.7% during the fourth quarter. Clal Insurance Enterprises Holdings Ltd now owns 347 shares of the utilities provider’s stock worth $31,000 after purchasing an additional 127 shares during the period. 89.65% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on the stock. Wells Fargo & Company reiterated an “overweight” rating and set a $118.00 price objective on shares of Sempra Energy in a research note on Tuesday, April 21st. Barclays cut their price target on shares of Sempra Energy from $105.00 to $103.00 and set an “overweight” rating for the company in a report on Thursday, July 9th. Truist Financial set a $104.00 price target on shares of Sempra Energy and gave the stock a “buy” rating in a research report on Monday, May 18th. Jefferies Financial Group set a $101.00 price objective on shares of Sempra Energy in a research note on Thursday, July 16th. Finally, TD Cowen initiated coverage on shares of Sempra Energy in a research report on Wednesday, July 8th. They set a “buy” rating for the company. One equities research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat.com, Sempra Energy has a consensus rating of “Moderate Buy” and a consensus price target of $104.23.

Insider Buying and Selling

In other Sempra Energy news, EVP Caroline Ann Winn sold 8,000 shares of the company’s stock in a transaction dated Wednesday, June 17th. The stock was sold at an average price of $90.55, for a total value 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 $2,278,600.20. This represents a 24.12% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Pablo Ferrero sold 2,600 shares of the stock in a transaction dated Monday, May 18th. The shares were sold at an average price of $89.53, for a total value of $232,778.00. Following the completion of the transaction, the director owned 15,423 shares of the company’s stock, valued at $1,380,821.19. This represents a 14.43% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 13,900 shares of company stock worth $1,261,207 in the last 90 days. Insiders own 0.31% of the company’s stock.

Sempra Energy Price Performance

Shares of NYSE:SRE opened at $91.20 on Tuesday. Sempra Energy has a one year low of $78.97 and a one year high of $101.04. 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 company has a market cap of $59.62 billion, a price-to-earnings ratio of 30.92, a PEG ratio of 2.23 and a beta of 0.56. The firm has a 50 day simple moving average of $91.95 and a 200 day simple moving average of $92.47.

Sempra Energy (NYSE:SRE) last posted its earnings results on Thursday, May 7th. The utilities provider reported $1.51 earnings per share for the quarter, hitting analysts’ consensus estimates of $1.51. The firm had revenue of $3.65 billion for 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 company’s revenue was down 3.9% on a year-over-year basis. During the same quarter in the previous year, the firm 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. Research analysts predict that Sempra Energy will post 5.12 earnings per share for the current fiscal year.

Sempra Energy Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, July 15th. Investors of record on Thursday, June 25th were given a dividend of $0.6575 per share. The ex-dividend date was Thursday, June 25th. This represents a $2.63 dividend on an annualized basis and a yield of 2.9%. Sempra Energy’s payout ratio is currently 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.