2,585,731 Shares in Sempra Energy $SRE Purchased by Hsbc Holdings PLC

Hsbc Holdings PLC acquired a new position in shares of Sempra Energy (NYSE:SRE) during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 2,585,731 shares of the utilities provider’s stock, valued at approximately $239,937,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Bell Investment Advisors Inc lifted its holdings in shares of Sempra Energy by 79.5% during the 1st 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 position in shares of Sempra Energy in the 2nd quarter valued at $25,000. Ares Financial Consulting LLC acquired a new position in shares of Sempra Energy during the 4th quarter worth $26,000. Edmond DE Rothschild Holding S.A. bought a new stake in shares of Sempra Energy during the 2nd quarter worth $27,000. Finally, Silvant Capital Management LLC acquired a new stake in Sempra Energy in the second quarter valued at about $28,000. 89.65% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Sempra Energy

In related news, EVP Caroline Ann Winn sold 8,000 shares of the business’s stock in a transaction on Wednesday, June 17th. The shares were sold at an average price of $90.55, for a total transaction of $724,400.00. Following the transaction, the executive vice president owned 25,164 shares in the company, valued at $2,278,600.20. The trade was a 24.12% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.31% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on SRE. Barclays lowered their price objective on shares of Sempra Energy from $105.00 to $103.00 and set an “overweight” rating for the company in a research report on Thursday, July 9th. TD Cowen assumed coverage on shares of Sempra Energy in a report on Wednesday, July 8th. They set a “buy” rating for the company. Wall Street Zen upgraded shares of Sempra Energy from a “sell” rating to a “hold” rating in a report on Saturday, July 25th. BMO Capital Markets set a $102.00 target price on shares of Sempra Energy and gave the stock an “outperform” rating in a research report on Wednesday, July 22nd. Finally, Morgan Stanley lowered their price objective on Sempra Energy from $108.00 to $104.00 and set an “overweight” rating for the company in a research report on Friday, August 21st. One research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and four have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $103.62.

Sempra Energy Price Performance

SRE stock opened at $84.03 on Wednesday. The company has a quick ratio of 1.62, a current ratio of 1.64 and a debt-to-equity ratio of 0.78. The firm has a market cap of $54.95 billion, a price-to-earnings ratio of 24.36, a PEG ratio of 2.03 and a beta of 0.57. The company’s fifty day simple moving average is $90.01 and its 200 day simple moving average is $92.19. Sempra Energy has a 12-month low of $78.97 and a 12-month high of $101.04.

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

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.