Capital Innovations LLC Takes $10.29 Million Position in Sempra Energy $SRE

Capital Innovations LLC acquired a new stake in shares of Sempra Energy (NYSE:SRE) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 116,533 shares of the utilities provider’s stock, valued at approximately $10,289,000. Sempra Energy comprises approximately 2.9% of Capital Innovations LLC’s holdings, making the stock its 14th biggest position.

A number of other hedge funds have also recently made changes to their positions in the business. Vanguard Group Inc. grew its holdings in shares of Sempra Energy by 1.3% during the fourth quarter. Vanguard Group Inc. now owns 76,734,070 shares of the utilities provider’s stock valued at $6,774,907,000 after buying an additional 1,008,476 shares during the last quarter. Capital International Investors grew its holdings in shares of Sempra Energy by 9.2% during the third quarter. Capital International Investors now owns 54,071,206 shares of the utilities provider’s stock valued at $4,865,115,000 after buying an additional 4,572,312 shares during the last quarter. State Street Corp grew its holdings in shares of Sempra Energy by 1.8% during the third quarter. State Street Corp now owns 34,986,169 shares of the utilities provider’s stock valued at $3,148,055,000 after buying an additional 606,101 shares during the last quarter. Geode Capital Management LLC grew its holdings in shares of Sempra Energy by 0.8% during the fourth quarter. Geode Capital Management LLC now owns 14,298,845 shares of the utilities provider’s stock valued at $1,256,592,000 after buying an additional 116,554 shares during the last quarter. Finally, JPMorgan Chase & Co. grew its holdings in shares of Sempra Energy by 106.3% during the third quarter. JPMorgan Chase & Co. now owns 10,428,007 shares of the utilities provider’s stock valued at $938,325,000 after buying an additional 5,374,277 shares during the last quarter. 89.65% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research analysts have recently issued reports on SRE shares. Wall Street Zen cut shares of Sempra Energy from a “hold” rating to a “sell” rating in a report on Sunday, May 10th. JPMorgan Chase & Co. boosted their price target on shares of Sempra Energy from $98.00 to $106.00 and gave the stock an “overweight” rating in a report on Wednesday, March 18th. Barclays restated an “overweight” rating and set a $105.00 price target (up from $95.00) on shares of Sempra Energy in a report on Wednesday, April 15th. UBS Group restated a “neutral” rating and set a $100.00 price target (up from $96.00) on shares of Sempra Energy in a report on Friday, March 6th. Finally, Weiss Ratings restated a “hold (c+)” rating on shares of Sempra Energy in a report on Monday, April 20th. One investment analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and four have issued a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $102.67.

Sempra Energy Stock Up 2.6%

Sempra Energy stock opened at $89.40 on Wednesday. Sempra Energy has a fifty-two week low of $73.06 and a fifty-two week high of $101.04. The stock has a market cap of $58.44 billion, a PE ratio of 30.30, a price-to-earnings-growth ratio of 3.29 and a beta of 0.56. The firm’s 50-day simple moving average is $93.97 and its 200 day simple moving average is $91.85. The company has a debt-to-equity ratio of 0.78, a quick ratio of 1.66 and a current ratio of 1.69.

Sempra Energy (NYSE:SRE) last released its quarterly earnings results on Thursday, May 7th. The utilities provider reported $1.51 earnings per share for the quarter, hitting the consensus estimate of $1.51. The business had revenue of $3.66 billion for the quarter, compared to analysts’ expectations of $4.10 billion. Sempra Energy had a net margin of 14.31% and a return on equity of 8.20%. The firm’s revenue for the quarter was down 3.9% compared to the same quarter last year. During the same period in the previous year, the company earned $1.44 earnings per share. 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. Research analysts predict that Sempra Energy will post 5.11 EPS for the current fiscal year.

Sempra Energy Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 15th. Shareholders of record on Thursday, June 25th will be given a $0.6575 dividend. The ex-dividend date of this dividend is Thursday, June 25th. This represents a $2.63 annualized dividend and a yield of 2.9%. Sempra Energy’s payout ratio is currently 89.15%.

Insiders Place Their Bets

In other Sempra Energy news, CAO Dyan Z. Wold sold 1,539 shares of Sempra Energy stock in a transaction dated Monday, March 16th. The shares were sold at an average price of $95.38, for a total value of $146,789.82. Following the sale, the chief accounting officer owned 4,633 shares of the company’s stock, valued at approximately $441,895.54. The trade was a 24.94% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Diana L. Day sold 3,300 shares of Sempra Energy stock in a transaction dated Thursday, May 14th. The stock was sold at an average price of $92.13, for a total transaction of $304,029.00. Following the completion of the sale, the insider directly owned 22,870 shares in the company, valued at approximately $2,107,013.10. This represents a 12.61% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders have purchased 6,192 shares of company stock valued at $576,979 and have sold 13,439 shares valued at $1,243,713. Insiders own 0.31% of the company’s stock.

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.