Danske Bank A S Purchases Shares of 598,123 Sempra Energy $SRE

Danske Bank A S purchased a new position in Sempra Energy (NYSE:SRE) in the 2nd quarter, HoldingsChannel.com reports. The institutional investor purchased 598,123 shares of the utilities provider’s stock, valued at approximately $55,452,000.

Other large investors have also modified their holdings of the company. Bell Investment Advisors Inc increased its holdings in shares of Sempra Energy by 79.5% during the first 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 in the last quarter. Ares Financial Consulting LLC acquired a new stake in Sempra Energy in the 4th quarter worth approximately $26,000. Clal Insurance Enterprises Holdings Ltd boosted its stake in Sempra Energy by 57.7% in the 4th 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 in the last quarter. Annis Gardner Whiting Capital Advisors LLC grew its position in Sempra Energy by 83.0% during the 4th 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. Finally, Key Financial Inc grew its position in Sempra Energy by 73.6% during the 4th 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. Hedge funds and other institutional investors own 89.65% of the company’s stock.

Insider Buying and Selling at Sempra Energy

In other news, EVP Caroline Ann Winn sold 8,000 shares of the stock in a transaction that occurred 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 $2,278,600.20. This trade represents a 24.12% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. 0.31% of the stock is currently owned by insiders.

Sempra Energy Trading Up 1.5%

SRE stock opened at $87.26 on Wednesday. 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 1.62, a current ratio of 1.64 and a debt-to-equity ratio of 0.78. The firm has a market cap of $57.06 billion, a P/E ratio of 25.29, a PEG ratio of 2.08 and a beta of 0.57. The company’s 50-day simple moving average is $90.70 and its 200-day simple moving average is $92.26.

Sempra Energy (NYSE:SRE) last issued its quarterly earnings results on Thursday, August 6th. The utilities provider reported $1.16 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.01 by $0.15. Sempra Energy had a return on equity of 8.49% and a net margin of 16.70%.The company had revenue of $3 billion for the quarter, compared to the consensus estimate of $3.14 billion. During the same quarter in the prior year, the business posted $0.89 earnings per share. Sempra Energy’s revenue for the quarter was down .1% 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 4.800-5.300 EPS. As a group, equities analysts forecast that Sempra Energy will post 5.12 EPS for the current fiscal year.

Analyst Ratings Changes

A number of research analysts have issued reports on SRE shares. Barclays decreased 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. Morgan Stanley reissued an “overweight” rating and set a $108.00 price objective on shares of Sempra Energy in a report on Wednesday, July 22nd. Weiss Ratings restated a “hold (c+)” rating on shares of Sempra Energy in a research note on Friday, July 17th. BMO Capital Markets set a $102.00 price target on Sempra Energy and gave the stock an “outperform” rating in a research report on Wednesday, July 22nd. Finally, TD Cowen assumed coverage on Sempra Energy in a research note on Wednesday, July 8th. They set a “buy” rating on the stock. One equities research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat.com, Sempra Energy presently has a consensus rating of “Moderate Buy” and an average target price of $103.92.

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.