Korea Investment CORP Takes $33.17 Million Position in Sempra Energy $SRE

Korea Investment CORP purchased a new stake in Sempra Energy (NYSE:SRE) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 357,738 shares of the utilities provider’s stock, valued at approximately $33,166,000. Korea Investment CORP owned approximately 0.05% of Sempra Energy as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of SRE. Creative Capital Management Investments LLC boosted its position in Sempra Energy by 12.1% during the first quarter. Creative Capital Management Investments LLC now owns 1,040 shares of the utilities provider’s stock worth $101,000 after purchasing an additional 112 shares in the last quarter. Bell Investment Advisors Inc grew its holdings 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 during the period. Gulf International Bank UK Ltd grew its holdings 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 during the period. Rothschild Investment LLC increased its position in shares of Sempra Energy by 3.5% in the fourth quarter. Rothschild Investment LLC now owns 3,666 shares of the utilities provider’s stock valued at $324,000 after buying an additional 124 shares in the last quarter. Finally, Clal Insurance Enterprises Holdings Ltd increased its position in shares of Sempra Energy by 57.7% in 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 in the last quarter. Hedge funds and other institutional investors own 89.65% of the company’s stock.

Insider Activity at Sempra Energy

In related 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 value of $724,400.00. Following the completion of the sale, the executive vice president owned 25,164 shares of the company’s stock, valued at approximately $2,278,600.20. This trade represents a 24.12% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 0.31% of the company’s stock.

Sempra Energy Stock Down 5.2%

Shares of NYSE SRE opened at $82.87 on Friday. Sempra Energy has a 12-month low of $78.97 and a 12-month high of $101.04. The stock has a market cap of $54.19 billion, a PE ratio of 24.02, a P/E/G ratio of 1.99 and a beta of 0.57. The company has a current ratio of 1.64, a quick ratio of 1.62 and a debt-to-equity ratio of 0.78. The company has a 50-day moving average of $90.31 and a 200 day moving average of $92.18.

Sempra Energy (NYSE:SRE) last released its quarterly earnings data on Thursday, August 6th. The utilities provider reported $1.16 EPS for the quarter, beating analysts’ consensus estimates of $1.01 by $0.15. Sempra Energy had a net margin of 16.70% and a return on equity of 8.49%. The company had revenue of $3 billion during the quarter, compared to the consensus estimate of $3.14 billion. During the same quarter in the prior year, the firm earned $0.89 EPS. Sempra Energy’s quarterly revenue 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, sell-side analysts predict that Sempra Energy will post 5.12 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

SRE has been the topic of a number of recent analyst reports. Jefferies Financial Group set a $101.00 target price on Sempra Energy in a research report on Thursday, July 16th. 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 $100.00 price objective on shares of Sempra Energy and gave the stock a “buy” rating in a research report on Thursday, August 13th. TD Cowen assumed coverage on shares of Sempra Energy in a research report on Wednesday, July 8th. They set a “buy” rating for the company. Finally, Morgan Stanley decreased their price objective on shares of Sempra Energy from $108.00 to $104.00 and set an “overweight” rating on the stock in a report on Friday. One research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $103.62.

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.