Danske Bank A S Invests $55.45 Million in Sempra Energy $SRE

Danske Bank A S acquired a new position in shares of Sempra Energy (NYSE:SRE) during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 598,123 shares of the utilities provider’s stock, valued at approximately $55,452,000. Danske Bank A S owned about 0.09% of Sempra Energy at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in SRE. Bell Investment Advisors Inc raised its position in Sempra Energy by 79.5% in the 1st quarter. Bell Investment Advisors Inc now owns 262 shares of the utilities provider’s stock worth $25,000 after purchasing an additional 116 shares during the period. Ares Financial Consulting LLC bought a new stake in shares of Sempra Energy during the 4th quarter worth approximately $26,000. Clal Insurance Enterprises Holdings Ltd lifted its stake in shares of Sempra Energy by 57.7% during the 4th quarter. Clal Insurance Enterprises Holdings Ltd now owns 347 shares of the utilities provider’s stock worth $31,000 after acquiring an additional 127 shares during the last quarter. Annis Gardner Whiting Capital Advisors LLC boosted its holdings in Sempra Energy by 83.0% during the 4th quarter. Annis Gardner Whiting Capital Advisors LLC now owns 355 shares of the utilities provider’s stock valued at $32,000 after acquiring an additional 161 shares during the period. Finally, Key Financial Inc boosted its holdings in Sempra Energy by 73.6% during the 4th quarter. Key Financial Inc now owns 361 shares of the utilities provider’s stock valued at $32,000 after acquiring an additional 153 shares during the period. Hedge funds and other institutional investors own 89.65% of the company’s stock.

Sempra Energy Stock Performance

Shares of Sempra Energy stock opened at $87.26 on Wednesday. The company has a market capitalization of $57.06 billion, a PE ratio of 25.29, a P/E/G ratio of 2.08 and a beta of 0.57. The company has a 50-day simple moving average of $90.70 and a two-hundred day simple moving average of $92.26. Sempra Energy has a one year low of $78.97 and a one year high of $101.04. The company has a debt-to-equity ratio of 0.78, a quick ratio of 1.62 and a current ratio of 1.64.

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

Wall Street Analysts Forecast Growth

A number of analysts have weighed in on the company. Truist Financial set a $100.00 target price on Sempra Energy and gave the stock a “buy” rating in a research note on Thursday, August 13th. Jefferies Financial Group set a $101.00 target price on shares of Sempra Energy in a research note on Thursday, July 16th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Sempra Energy in a report on Friday, July 17th. Wall Street Zen raised shares of Sempra Energy from a “sell” rating to a “hold” rating in a research report on Saturday, July 25th. Finally, Barclays dropped their target price on shares of Sempra Energy from $105.00 to $103.00 and set an “overweight” rating on the stock in a research note on Thursday, July 9th. One equities research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $103.92.

Insiders Place Their Bets

In other Sempra Energy news, EVP Caroline Ann Winn sold 8,000 shares of Sempra Energy stock in a transaction on Wednesday, June 17th. The shares were sold at an average price of $90.55, for a total value of $724,400.00. Following the transaction, the executive vice president directly owned 25,164 shares of the company’s stock, valued at approximately $2,278,600.20. The trade was 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 the SEC website. 0.31% of the stock is currently owned by company insiders.

Sempra Energy Company 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.