Maryland State Retirement & Pension System Increases Holdings in Sempra Energy $SRE

Maryland State Retirement & Pension System grew its holdings in Sempra Energy (NYSE:SRE) by 1.7% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 647,749 shares of the utilities provider’s stock after acquiring an additional 10,625 shares during the period. Sempra Energy comprises about 1.2% of Maryland State Retirement & Pension System’s investment portfolio, making the stock its 14th biggest position. Maryland State Retirement & Pension System’s holdings in Sempra Energy were worth $57,190,000 at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in the company. Mesirow Financial Investment Management Inc. increased its holdings in shares of Sempra Energy by 1.4% in the third quarter. Mesirow Financial Investment Management Inc. now owns 8,587 shares of the utilities provider’s stock worth $773,000 after purchasing an additional 115 shares during the last quarter. Rosenberg Matthew Hamilton increased its holdings in shares of Sempra Energy by 2.3% in the fourth quarter. Rosenberg Matthew Hamilton now owns 5,191 shares of the utilities provider’s stock worth $458,000 after purchasing an additional 116 shares during the last quarter. Advisor OS LLC increased its holdings in shares of Sempra Energy by 1.2% in the third quarter. Advisor OS LLC now owns 9,681 shares of the utilities provider’s stock worth $871,000 after purchasing an additional 118 shares during the last quarter. Gulf International Bank UK Ltd increased its holdings in shares of 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 worth $3,091,000 after purchasing an additional 123 shares during the last quarter. Finally, Silvia Mccoll Wealth Management LLC increased its holdings in shares of Sempra Energy by 1.4% in the fourth quarter. Silvia Mccoll Wealth Management LLC now owns 9,045 shares of the utilities provider’s stock worth $799,000 after purchasing an additional 124 shares during the last quarter. 89.65% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other Sempra Energy news, EVP Justin Christopher Bird sold 1,128 shares of the business’s stock in a transaction that occurred on Wednesday, April 1st. The stock was sold at an average price of $96.69, for a total transaction of $109,066.32. Following the sale, the executive vice president directly owned 21,632 shares of the company’s stock, valued at $2,091,598.08. The trade was a 4.96% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Diana L. Day sold 3,300 shares of the business’s stock in a transaction that occurred 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 sale, the insider directly owned 22,870 shares in the company, valued at $2,107,013.10. The trade was a 12.61% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 7,028 shares of company stock valued at $645,873 over the last ninety days. 0.31% of the stock is owned by insiders.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on the company. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Sempra Energy in a report on Monday, April 20th. Morgan Stanley set a $104.00 target price on Sempra Energy and gave the stock an “overweight” rating in a report on Tuesday, April 21st. BMO Capital Markets reduced 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, May 11th. Wells Fargo & Company reaffirmed an “overweight” rating and issued a $118.00 target price on shares of Sempra Energy in a report on Tuesday, April 21st. Finally, Argus raised Sempra Energy from a “hold” rating to a “buy” rating in a report on Wednesday, March 4th. One analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $102.67.

Sempra Energy Trading Down 0.2%

Shares of NYSE SRE opened at $91.75 on Wednesday. The business’s 50 day moving average is $92.83 and its two-hundred day moving average is $91.74. The company has a debt-to-equity ratio of 0.78, a current ratio of 1.69 and a quick ratio of 1.66. Sempra Energy has a 1-year low of $73.06 and a 1-year high of $101.04. The stock has a market capitalization of $59.98 billion, a P/E ratio of 31.10, a PEG ratio of 2.21 and a beta of 0.56.

Sempra Energy (NYSE:SRE) last issued its quarterly earnings data on Thursday, May 7th. The utilities provider reported $1.51 earnings per share 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 company had revenue of $3.66 billion for the quarter, compared to analysts’ expectations of $4.10 billion. During the same period in the previous year, the firm posted $1.44 earnings per share. The firm’s revenue for the quarter 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. As a group, research analysts expect that Sempra Energy will post 5.11 EPS for the current 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 paid a dividend of $0.6575 per share. This represents a $2.63 annualized dividend and a yield of 2.9%. The ex-dividend date of this dividend is Thursday, June 25th. Sempra Energy’s payout ratio is presently 89.15%.

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.