IFP Advisors Inc Sells 17,454 Shares of Sempra Energy $SRE

IFP Advisors Inc reduced its position in shares of Sempra Energy (NYSE:SRE) by 89.8% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 1,975 shares of the utilities provider’s stock after selling 17,454 shares during the quarter. IFP Advisors Inc’s holdings in Sempra Energy were worth $174,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently modified their holdings of SRE. Empowered Funds LLC grew its position in shares of Sempra Energy by 52.5% during the 1st quarter. Empowered Funds LLC now owns 18,008 shares of the utilities provider’s stock worth $1,285,000 after buying an additional 6,196 shares during the period. Woodline Partners LP grew its position in shares of Sempra Energy by 40.7% during the 1st quarter. Woodline Partners LP now owns 53,512 shares of the utilities provider’s stock worth $3,819,000 after buying an additional 15,474 shares during the period. Baird Financial Group Inc. grew its position in shares of Sempra Energy by 6.2% during the 2nd quarter. Baird Financial Group Inc. now owns 14,699 shares of the utilities provider’s stock worth $1,114,000 after buying an additional 858 shares during the period. Cary Street Partners Financial LLC grew its position in shares of Sempra Energy by 78.5% during the 2nd quarter. Cary Street Partners Financial LLC now owns 771 shares of the utilities provider’s stock worth $58,000 after buying an additional 339 shares during the period. Finally, Sei Investments Co. grew its position in shares of Sempra Energy by 80.0% during the 2nd quarter. Sei Investments Co. now owns 423,280 shares of the utilities provider’s stock worth $32,072,000 after buying an additional 188,131 shares during the period. 89.65% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research firms have recently issued reports on SRE. BMO Capital Markets decreased their target price on Sempra Energy from $105.00 to $103.00 and set an “outperform” rating for the company in a research report on Monday, May 11th. UBS Group restated a “neutral” rating and set a $100.00 target price (up from $96.00) on shares of Sempra Energy in a research report on Friday, March 6th. Weiss Ratings restated a “hold (c+)” rating on shares of Sempra Energy in a research report on Monday, April 20th. Wells Fargo & Company restated an “overweight” rating and set a $118.00 target price on shares of Sempra Energy in a research report on Tuesday, April 21st. Finally, Truist Financial set a $104.00 target price on Sempra Energy and gave the stock a “buy” rating in a research report on Monday, May 18th. 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 stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $102.67.

Sempra Energy Price Performance

Shares of SRE opened at $88.90 on Friday. The company has a debt-to-equity ratio of 0.78, a quick ratio of 1.66 and a current ratio of 1.69. The stock has a 50 day simple moving average of $94.13 and a 200 day simple moving average of $91.90. Sempra Energy has a 52-week low of $73.06 and a 52-week high of $101.04. The firm has a market capitalization of $58.11 billion, a PE ratio of 30.13, a P/E/G ratio of 3.40 and a beta of 0.60.

Sempra Energy (NYSE:SRE) last issued its quarterly earnings data on Thursday, May 7th. The utilities provider reported $1.51 earnings per share (EPS) for the quarter, meeting 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 during the quarter, compared to analyst estimates of $4.10 billion. During the same period in the previous year, the firm earned $1.44 EPS. Sempra Energy’s quarterly revenue was down 3.9% compared to the same quarter last year. 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. Sell-side analysts predict that Sempra Energy will post 5.11 EPS for the current fiscal year.

Sempra Energy Announces Dividend

The firm also recently disclosed 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. The ex-dividend date is Thursday, June 25th. This represents a $2.63 annualized dividend and a dividend yield of 3.0%. Sempra Energy’s payout ratio is currently 89.15%.

Insiders Place Their Bets

In related news, 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 completion of the transaction, the insider directly owned 22,870 shares in the company, valued at approximately $2,107,013.10. The trade was a 12.61% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. 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 on Wednesday, March 11th. The stock was purchased at an average price of $92.95 per share, for a total transaction of $232,375.00. Following the purchase, the director directly owned 11,275 shares in the company, valued at approximately $1,048,011.25. This represents a 28.49% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. In the last three months, insiders acquired 6,192 shares of company stock worth $576,979 and sold 13,439 shares worth $1,243,713. 0.31% of the stock is owned by company insiders.

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.