Sempra Energy $SRE Shares Sold by IFM Investors Pty Ltd

IFM Investors Pty Ltd cut its holdings in shares of Sempra Energy (NYSE:SRE) by 9.1% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 164,392 shares of the utilities provider’s stock after selling 16,364 shares during the period. IFM Investors Pty Ltd’s holdings in Sempra Energy were worth $15,974,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Vanguard Group Inc. grew its holdings in shares of Sempra Energy by 1.3% in the fourth quarter. Vanguard Group Inc. now owns 76,734,070 shares of the utilities provider’s stock valued at $6,774,907,000 after purchasing an additional 1,008,476 shares in the last quarter. Capital International Investors lifted its holdings in Sempra Energy by 9.2% during the 3rd quarter. Capital International Investors now owns 54,071,206 shares of the utilities provider’s stock worth $4,865,115,000 after buying an additional 4,572,312 shares in the last quarter. State Street Corp boosted its position in Sempra Energy by 5.2% in the 4th quarter. State Street Corp now owns 36,810,449 shares of the utilities provider’s stock valued at $3,273,460,000 after buying an additional 1,824,280 shares during the period. Morgan Stanley boosted its position in Sempra Energy by 17.0% in the 4th quarter. Morgan Stanley now owns 22,330,091 shares of the utilities provider’s stock valued at $1,971,524,000 after buying an additional 3,250,783 shares during the period. Finally, Geode Capital Management LLC grew its stake in shares of Sempra Energy by 0.8% in the fourth quarter. Geode Capital Management LLC now owns 14,298,845 shares of the utilities provider’s stock worth $1,256,592,000 after acquiring an additional 116,554 shares in the last quarter. Institutional investors and hedge funds own 89.65% of the company’s stock.

Analyst Ratings Changes

A number of analysts have recently weighed in on SRE shares. Truist Financial set a $104.00 price objective on Sempra Energy and gave the stock a “buy” rating in a research report on Monday, May 18th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Sempra Energy in a report on Monday, April 20th. BMO Capital Markets lowered their target price on Sempra Energy from $105.00 to $103.00 and set an “outperform” rating for the company in a research note on Monday, May 11th. Argus upgraded Sempra Energy from a “hold” rating to a “buy” rating in a report on Wednesday, March 4th. Finally, Wells Fargo & Company restated an “overweight” rating and set a $118.00 price target on shares of Sempra Energy in a report on Tuesday, April 21st. One analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $102.75.

Insider Activity at Sempra Energy

In related news, Director Pablo Ferrero sold 2,600 shares of the stock in a transaction 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 transaction, the director owned 15,423 shares of the company’s stock, valued at $1,380,821.19. This represents a 14.43% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, insider Diana L. Day sold 3,300 shares of the firm’s stock in a transaction on 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 in the company, valued at approximately $2,107,013.10. This represents a 12.61% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 13,900 shares of company stock valued at $1,261,207 over the last quarter. 0.31% of the stock is owned by insiders.

Sempra Energy Stock Down 1.4%

Shares of Sempra Energy stock opened at $91.41 on Thursday. The company has a quick ratio of 1.66, a current ratio of 1.69 and a debt-to-equity ratio of 0.78. Sempra Energy has a 52-week low of $73.18 and a 52-week high of $101.04. The company has a market capitalization of $59.76 billion, a P/E ratio of 30.99, a P/E/G ratio of 2.23 and a beta of 0.56. The company has a 50 day moving average of $91.81 and a 200 day moving average of $91.86.

Sempra Energy (NYSE:SRE) last announced its quarterly earnings data on Thursday, May 7th. The utilities provider reported $1.51 EPS for the quarter, meeting analysts’ consensus estimates of $1.51. Sempra Energy had a net margin of 14.31% and a return on equity of 8.20%. The company had revenue of $3.65 billion for the quarter, compared to the consensus estimate of $4.10 billion. During the same period in the prior year, the firm posted $1.44 EPS. The company’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. As a group, research analysts forecast that Sempra Energy will post 5.11 EPS for the current fiscal year.

Sempra Energy Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, July 15th. Investors of record on Thursday, June 25th will be paid 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 payout ratio is presently 89.15%.

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.