Financial Alternatives Inc Buys New Shares in Sempra Energy $SRE

Financial Alternatives Inc acquired a new stake in shares of Sempra Energy (NYSE:SRE) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 19,741 shares of the utilities provider’s stock, valued at approximately $1,830,000. Sempra Energy makes up about 0.9% of Financial Alternatives Inc’s holdings, making the stock its 14th largest holding.

A number of other hedge funds also recently bought and sold shares of the company. Creative Capital Management Investments LLC raised its stake in shares of Sempra Energy by 12.1% during the first quarter. Creative Capital Management Investments LLC now owns 1,040 shares of the utilities provider’s stock worth $101,000 after acquiring an additional 112 shares in the last quarter. Bell Investment Advisors Inc boosted its stake in shares of Sempra Energy by 79.5% in the 1st quarter. Bell Investment Advisors Inc now owns 262 shares of the utilities provider’s stock valued at $25,000 after purchasing an additional 116 shares in the last quarter. Gulf International Bank UK Ltd grew its holdings in shares of Sempra Energy by 0.4% during the 4th quarter. Gulf International Bank UK Ltd now owns 35,009 shares of the utilities provider’s stock valued at $3,091,000 after purchasing an additional 123 shares during the last quarter. Rothschild Investment LLC grew its holdings in shares of Sempra Energy by 3.5% during the 4th quarter. Rothschild Investment LLC now owns 3,666 shares of the utilities provider’s stock valued at $324,000 after purchasing an additional 124 shares during the last quarter. Finally, Clal Insurance Enterprises Holdings Ltd raised its position in Sempra Energy by 57.7% in the 4th quarter. Clal Insurance Enterprises Holdings Ltd now owns 347 shares of the utilities provider’s stock worth $31,000 after purchasing an additional 127 shares during the period. Institutional investors own 89.65% of the company’s stock.

Sempra Energy Trading Down 1.9%

NYSE:SRE opened at $85.51 on Thursday. The company has a 50-day moving average price of $90.59 and a 200-day moving average price of $92.25. The stock has a market cap of $55.91 billion, a price-to-earnings ratio of 24.79, a P/E/G ratio of 2.10 and a beta of 0.57. The company has a current ratio of 1.64, a quick ratio of 1.62 and a debt-to-equity ratio of 0.78. Sempra Energy has a 12 month low of $78.97 and a 12 month high of $101.04.

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

Wall Street Analyst Weigh In

SRE has been the topic of several analyst reports. TD Cowen started coverage on Sempra Energy in a report on Wednesday, July 8th. They issued a “buy” rating on the stock. Barclays dropped their target price on Sempra Energy from $105.00 to $103.00 and set an “overweight” rating for the company in a report on Thursday, July 9th. Jefferies Financial Group set a $101.00 price target on Sempra Energy in a research report on Thursday, July 16th. Truist Financial set a $100.00 price target on Sempra Energy and gave the stock a “buy” rating in a research note on Thursday, August 13th. Finally, Weiss Ratings reiterated a “hold (c+)” rating on shares of Sempra Energy in a research report on Friday, July 17th. One analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat, Sempra Energy has an average rating of “Moderate Buy” and a consensus target price of $103.92.

Insider Buying and Selling

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

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.