Sempra Energy $SRE Shares Purchased by Bessemer Group Inc.

Bessemer Group Inc. raised its stake in shares of Sempra Energy (NYSE:SREFree Report) by 16.8% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 2,218,318 shares of the utilities provider’s stock after buying an additional 319,643 shares during the period. Bessemer Group Inc.’s holdings in Sempra Energy were worth $195,855,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of SRE. Ares Financial Consulting LLC acquired a new stake in Sempra Energy during the 4th quarter valued at $26,000. Activest Wealth Management grew its holdings in Sempra Energy by 74.6% during the 3rd quarter. Activest Wealth Management now owns 391 shares of the utilities provider’s stock valued at $35,000 after buying an additional 167 shares during the last quarter. Board of the Pension Protection Fund acquired a new stake in Sempra Energy during the 4th quarter valued at $35,000. Salomon & Ludwin LLC grew its holdings in Sempra Energy by 88.8% during the 4th quarter. Salomon & Ludwin LLC now owns 406 shares of the utilities provider’s stock valued at $36,000 after buying an additional 191 shares during the last quarter. Finally, JPL Wealth Management LLC acquired a new stake in Sempra Energy during the 3rd quarter valued at $41,000. Institutional investors and hedge funds own 89.65% of the company’s stock.

Sempra Energy Price Performance

SRE stock opened at $92.70 on Friday. Sempra Energy has a 52-week low of $73.06 and a 52-week high of $101.04. The stock’s fifty day simple moving average is $94.81 and its 200-day simple moving average is $92.01. 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 stock has a market capitalization of $60.60 billion, a price-to-earnings ratio of 31.42, a price-to-earnings-growth ratio of 3.46 and a beta of 0.60.

Sempra Energy (NYSE:SREGet Free Report) last posted its quarterly earnings data on Thursday, May 7th. The utilities provider reported $1.51 earnings per share (EPS) for the quarter, hitting the consensus estimate of $1.51. Sempra Energy had a return on equity of 8.20% and a net margin of 14.31%.The business had revenue of $3.66 billion for the quarter, compared to analysts’ expectations of $4.10 billion. During the same quarter last year, the firm earned $1.44 earnings per share. The business’s revenue was down 3.9% 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 4.870-5.370 EPS. Equities research analysts expect that Sempra Energy will post 5.11 EPS for the current year.

Sempra Energy Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, July 15th. Investors of record on Thursday, June 25th will be given a $0.6575 dividend. This represents a $2.63 annualized dividend and a dividend yield of 2.8%. The ex-dividend date of this dividend is Thursday, June 25th. Sempra Energy’s dividend payout ratio (DPR) is 89.15%.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on SRE shares. UBS Group reiterated a “neutral” rating and set a $100.00 target price (up from $96.00) on shares of Sempra Energy in a report on Friday, March 6th. BMO Capital Markets lowered their target price on Sempra Energy from $105.00 to $103.00 and set an “outperform” rating on the stock in a report on Monday. Weiss Ratings reiterated a “hold (c+)” rating on shares of Sempra Energy in a report on Monday, April 20th. Wall Street Zen cut Sempra Energy from a “hold” rating to a “sell” rating in a report on Sunday, May 10th. Finally, Argus upgraded Sempra Energy from a “hold” rating to a “buy” rating in a report on Wednesday, March 4th. Two equities research analysts have rated the stock with a Strong Buy rating, eight have given a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $103.00.

View Our Latest Stock Analysis on SRE

Sempra Energy News Roundup

Here are the key news stories impacting Sempra Energy this week:

Insiders Place Their Bets

In related news, insider Diana L. Day sold 3,300 shares of the stock in a transaction 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 transaction, the insider directly owned 22,870 shares of the company’s stock, valued at approximately $2,107,013.10. This trade represents a 12.61% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Cynthia J. Warner bought 2,500 shares of the business’s stock in a transaction that occurred on Wednesday, March 11th. The stock was purchased at an average cost of $92.95 per share, for a total transaction of $232,375.00. Following the completion of the transaction, the director directly owned 11,275 shares in the company, valued at approximately $1,048,011.25. This trade represents a 28.49% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. In the last ninety days, insiders bought 6,192 shares of company stock worth $576,979 and sold 10,839 shares worth $1,010,935. Corporate insiders own 0.31% of the company’s stock.

About Sempra Energy

(Free Report)

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.

Featured Stories

Want to see what other hedge funds are holding SRE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Sempra Energy (NYSE:SREFree Report).

Institutional Ownership by Quarter for Sempra Energy (NYSE:SRE)

Receive News & Ratings for Sempra Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sempra Energy and related companies with MarketBeat.com's FREE daily email newsletter.