Meiji Yasuda Asset Management Co Ltd. Makes New $5.75 Million Investment in Sempra Energy $SRE

Meiji Yasuda Asset Management Co Ltd. purchased a new position in shares of Sempra Energy (NYSE:SRE) during the second quarter, Holdings Channel reports. The institutional investor purchased 62,004 shares of the utilities provider’s stock, valued at approximately $5,748,000.

Other institutional investors have also recently made changes to their positions in the company. Bell Investment Advisors Inc lifted 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 worth $25,000 after acquiring an additional 116 shares during the period. Frazier Financial Advisors LLC bought a new stake in shares of Sempra Energy in the 2nd quarter valued at about $25,000. Ares Financial Consulting LLC purchased a new stake in shares of Sempra Energy in the 4th quarter worth approximately $26,000. Edmond DE Rothschild Holding S.A. purchased a new stake in shares of Sempra Energy in the 2nd quarter worth approximately $27,000. Finally, Silvant Capital Management LLC purchased a new stake in Sempra Energy during the second quarter worth $28,000. Hedge funds and other institutional investors own 89.65% of the company’s stock.

Sempra Energy Stock Down 0.0%

SRE stock opened at $82.87 on Monday. The company has a market capitalization of $54.19 billion, a P/E ratio of 24.02, a price-to-earnings-growth ratio of 1.99 and a beta of 0.57. Sempra Energy has a 12 month low of $78.97 and a 12 month high of $101.04. The firm’s fifty day simple moving average is $90.31 and its 200-day simple moving average is $92.23. The company has a debt-to-equity ratio of 0.78, a current ratio of 1.64 and a quick ratio of 1.62.

Sempra Energy (NYSE:SRE) last announced its quarterly earnings results on Thursday, August 6th. The utilities provider reported $1.16 earnings per share for the quarter, beating the consensus estimate of $1.01 by $0.15. The company had revenue of $3 billion during the quarter, compared to analysts’ expectations of $3.14 billion. Sempra Energy had a return on equity of 8.49% and a net margin of 16.70%.Sempra Energy’s quarterly revenue was down .1% on a year-over-year basis. During the same period last year, the business earned $0.89 earnings per share. 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 research analysts forecast that Sempra Energy will post 5.12 earnings per share for the current year.

Analyst Ratings Changes

SRE has been the topic of a number of analyst reports. Barclays cut their price target on Sempra Energy from $105.00 to $103.00 and set an “overweight” rating on the stock in a report on Thursday, July 9th. BMO Capital Markets set a $102.00 price objective on Sempra Energy and gave the stock an “outperform” rating in a research note on Wednesday, July 22nd. Jefferies Financial Group set a $101.00 price objective on Sempra Energy in a research report on Thursday, July 16th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Sempra Energy in a report on Friday, July 17th. Finally, Truist Financial set a $100.00 target price on shares of Sempra Energy and gave the stock a “buy” rating in a research note on Thursday, August 13th. 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 stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $103.62.

Insider Activity at Sempra Energy

In other news, EVP Caroline Ann Winn sold 8,000 shares of the company’s 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 completion of the transaction, the executive vice president directly 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 filing with the SEC, which is available through this link. 0.31% of the stock is owned by company insiders.

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.