Sempra Energy $SRE Shares Acquired by Groupama Asset Managment

Groupama Asset Managment lifted its stake in shares of Sempra Energy (NYSE:SRE) by 20.9% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 603,131 shares of the utilities provider’s stock after acquiring an additional 104,242 shares during the period. Groupama Asset Managment’s holdings in Sempra Energy were worth $53,250,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Norges Bank purchased a new position in Sempra Energy in the 4th quarter worth approximately $914,924,000. Capital International Investors grew its position in Sempra Energy by 9.2% in the third quarter. Capital International Investors now owns 54,071,206 shares of the utilities provider’s stock valued at $4,865,115,000 after acquiring an additional 4,572,312 shares in the last quarter. Morgan Stanley raised its stake in shares of Sempra Energy by 17.0% during the fourth quarter. Morgan Stanley now owns 22,330,091 shares of the utilities provider’s stock valued at $1,971,524,000 after purchasing an additional 3,250,783 shares during the period. Invesco Ltd. raised its stake in shares of Sempra Energy by 40.1% during the third quarter. Invesco Ltd. now owns 10,419,115 shares of the utilities provider’s stock valued at $937,512,000 after purchasing an additional 2,984,409 shares during the period. Finally, National Pension Service lifted its position in shares of Sempra Energy by 246.4% during the fourth quarter. National Pension Service now owns 2,826,999 shares of the utilities provider’s stock worth $249,596,000 after purchasing an additional 2,010,853 shares in the last quarter. 89.65% of the stock is owned by institutional investors and hedge funds.

Sempra Energy Stock Performance

Sempra Energy stock opened at $90.62 on Friday. The stock has a market cap of $59.24 billion, a P/E ratio of 30.72, a price-to-earnings-growth ratio of 2.17 and a beta of 0.56. The company has a current ratio of 1.69, a quick ratio of 1.66 and a debt-to-equity ratio of 0.78. The stock has a 50 day moving average of $92.53 and a 200-day moving average of $91.69. Sempra Energy has a 52 week low of $73.18 and a 52 week high of $101.04.

Sempra Energy (NYSE:SRE) last released its quarterly earnings results on Thursday, May 7th. The utilities provider reported $1.51 earnings per share for the quarter, hitting analysts’ consensus estimates of $1.51. The business had revenue of $3.65 billion during the quarter, compared to the consensus estimate of $4.10 billion. Sempra Energy had a net margin of 14.31% and a return on equity of 8.20%. The business’s quarterly revenue was down 3.9% compared to the same quarter last year. During the same quarter last year, the company 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. On average, analysts expect that Sempra Energy will post 5.11 EPS for the current fiscal year.

Sempra Energy Dividend Announcement

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 issued 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 dividend payout ratio (DPR) is currently 89.15%.

Insider Activity at Sempra Energy

In other news, insider Diana L. Day sold 3,300 shares of the business’s stock in a transaction dated Thursday, May 14th. The shares were sold at an average price of $92.13, for a total value of $304,029.00. Following the completion of the sale, the insider owned 22,870 shares of the company’s stock, valued at approximately $2,107,013.10. The trade was a 12.61% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Justin Christopher Bird sold 1,128 shares of the company’s stock in a transaction dated Wednesday, April 1st. The shares were sold at an average price of $96.69, for a total transaction of $109,066.32. Following the completion of the sale, the executive vice president owned 21,632 shares in the company, valued at approximately $2,091,598.08. This trade represents a 4.96% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 15,028 shares of company stock worth $1,370,273 over the last quarter. Company insiders own 0.31% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on SRE. Truist Financial set a $104.00 target price on shares of Sempra Energy and gave the company a “buy” rating in a research note on Monday, May 18th. Argus raised shares of Sempra Energy from a “hold” rating to a “buy” rating in a research note on Wednesday, March 4th. UBS Group reiterated a “neutral” rating and issued a $100.00 price objective (up from $96.00) on shares of Sempra Energy in a report on Friday, March 6th. JPMorgan Chase & Co. upped their price objective on shares of Sempra Energy from $98.00 to $106.00 and gave the company an “overweight” rating in a research report on Wednesday, March 18th. Finally, Morgan Stanley set a $104.00 target price on Sempra Energy and gave the company an “overweight” rating in a research note on Tuesday, April 21st. One investment analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price 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.