Franklin Resources Inc. Has $797.53 Million Stock Position in Sempra Energy $SRE

Franklin Resources Inc. decreased its stake in shares of Sempra Energy (NYSE:SRE) by 4.6% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 9,033,089 shares of the utilities provider’s stock after selling 430,858 shares during the quarter. Franklin Resources Inc.’s holdings in Sempra Energy were worth $797,531,000 at the end of the most recent quarter.

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

Insider Activity

In other Sempra Energy news, insider Diana L. Day sold 3,300 shares of the company’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 transaction of $304,029.00. Following the transaction, the insider owned 22,870 shares in the company, valued at approximately $2,107,013.10. This represents a 12.61% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Pablo Ferrero sold 2,600 shares of the company’s stock in a transaction that occurred on Monday, May 18th. The stock was sold at an average price of $89.53, for a total value of $232,778.00. Following the completion of the sale, the director owned 15,423 shares in the company, valued at $1,380,821.19. The trade was a 14.43% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have bought 6,192 shares of company stock worth $576,979 and have sold 8,567 shares worth $792,663. Insiders own 0.31% of the company’s stock.

Sempra Energy Trading Up 0.1%

Shares of SRE stock opened at $91.51 on Monday. The company has a quick ratio of 1.66, a current ratio of 1.69 and a debt-to-equity ratio of 0.78. The business has a 50-day moving average price of $93.68 and a two-hundred day moving average price of $91.79. Sempra Energy has a 12-month low of $73.06 and a 12-month high of $101.04. The firm has a market cap of $59.82 billion, a P/E ratio of 31.02, a price-to-earnings-growth ratio of 3.46 and a beta of 0.57.

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

Sempra Energy Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, July 15th. Shareholders of record on Thursday, June 25th will be issued a dividend of $0.6575 per share. The ex-dividend date is Thursday, June 25th. This represents a $2.63 dividend on an annualized basis and a dividend yield of 2.9%. Sempra Energy’s dividend payout ratio is 89.15%.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on the company. Truist Financial set a $104.00 target price on Sempra Energy and gave the company a “buy” rating in a research report on Monday, May 18th. Weiss Ratings restated a “hold (c+)” rating on shares of Sempra Energy in a report on Monday, April 20th. BMO Capital Markets dropped 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 set a $118.00 price target on shares of Sempra Energy in a research report on Tuesday, April 21st. Finally, Argus raised Sempra Energy from a “hold” rating to a “buy” rating in a research 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 issued a Hold rating to the stock. According to MarketBeat, Sempra Energy presently has a consensus rating of “Moderate Buy” and a consensus price target of $102.67.

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.