Sempra Energy $SRE Shares Sold by California State Teachers Retirement System

California State Teachers Retirement System cut its stake in Sempra Energy (NYSE:SRE) by 2.0% in the first quarter, Holdings Channel reports. The firm owned 825,929 shares of the utilities provider’s stock after selling 16,727 shares during the period. California State Teachers Retirement System’s holdings in Sempra Energy were worth $80,256,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also modified their holdings of SRE. Bell Investment Advisors Inc boosted its holdings in shares of Sempra Energy by 79.5% in the 1st quarter. Bell Investment Advisors Inc now owns 262 shares of the utilities provider’s stock valued at $25,000 after acquiring an additional 116 shares during the last quarter. Ares Financial Consulting LLC purchased a new stake in Sempra Energy during the fourth quarter worth $26,000. Clal Insurance Enterprises Holdings Ltd grew 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 valued at $31,000 after buying an additional 127 shares during the period. Annis Gardner Whiting Capital Advisors LLC increased its holdings in Sempra Energy by 83.0% in the fourth quarter. Annis Gardner Whiting Capital Advisors LLC now owns 355 shares of the utilities provider’s stock valued at $32,000 after buying an additional 161 shares in the last quarter. Finally, Key Financial Inc increased its holdings in 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 buying an additional 153 shares in the last quarter. 89.65% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on the stock. Truist Financial set a $104.00 target price on shares of Sempra Energy and gave the stock a “buy” rating in a research note on Monday, May 18th. Barclays cut their price target on Sempra Energy from $105.00 to $103.00 and set an “overweight” rating for the company in a research note on Thursday, July 9th. Morgan Stanley reiterated an “overweight” rating and set a $108.00 price target on shares of Sempra Energy in a research report on Wednesday, July 22nd. TD Cowen assumed coverage on Sempra Energy in a report on Wednesday, July 8th. They issued a “buy” rating on the stock. Finally, BMO Capital Markets set a $102.00 price objective on Sempra Energy and gave the company an “outperform” rating in a report on Wednesday, July 22nd. One equities research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $104.23.

Insider Transactions at Sempra Energy

In other news, Director Pablo Ferrero sold 2,600 shares of Sempra Energy stock in a transaction that occurred on Monday, May 18th. The stock was sold at an average price of $89.53, for a total value of $232,778.00. Following the sale, the director directly owned 15,423 shares of the company’s stock, valued at $1,380,821.19. The trade was a 14.43% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Diana L. Day sold 3,300 shares of the business’s stock in a transaction that occurred 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 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. Insiders have sold 13,900 shares of company stock valued at $1,261,207 over the last ninety days. Insiders own 0.31% of the company’s stock.

Sempra Energy Stock Down 1.7%

SRE stock opened at $89.06 on Thursday. Sempra Energy has a 52 week low of $78.97 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. The firm has a 50-day simple moving average of $91.89 and a 200-day simple moving average of $92.51. The stock has a market capitalization of $58.22 billion, a P/E ratio of 30.19, a P/E/G ratio of 2.18 and a beta of 0.56.

Sempra Energy (NYSE:SRE) last issued 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. Sempra Energy had a net margin of 14.31% and a return on equity of 8.20%. The firm had revenue of $3.65 billion for the quarter, compared to analyst estimates of $4.10 billion. During the same period last year, the company posted $1.44 EPS. Sempra Energy’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. Equities analysts forecast that Sempra Energy will post 5.12 earnings per share for the current fiscal year.

Sempra Energy Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, July 15th. Stockholders of record on Thursday, June 25th were given a $0.6575 dividend. This represents a $2.63 annualized dividend and a dividend yield of 3.0%. The ex-dividend date was Thursday, June 25th. Sempra Energy’s dividend payout ratio (DPR) is 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.