Legal & General Group Plc Invests $538.77 Million in Sempra Energy $SRE

Legal & General Group Plc acquired a new stake in Sempra Energy (NYSE:SRE) in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 5,811,400 shares of the utilities provider’s stock, valued at approximately $538,775,000.

Other hedge funds also recently bought and sold shares of the company. Creative Capital Management Investments LLC lifted its stake in Sempra Energy by 12.1% in the 1st quarter. Creative Capital Management Investments LLC now owns 1,040 shares of the utilities provider’s stock worth $101,000 after purchasing an additional 112 shares in the last quarter. Bell Investment Advisors Inc grew its position in shares of Sempra Energy by 79.5% during 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 position 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 in the last quarter. Rothschild Investment LLC increased its holdings in shares of Sempra Energy by 3.5% in the fourth quarter. Rothschild Investment LLC now owns 3,666 shares of the utilities provider’s stock worth $324,000 after purchasing an additional 124 shares during the period. Finally, Clal Insurance Enterprises Holdings Ltd boosted its stake in Sempra Energy by 57.7% during the fourth quarter. Clal Insurance Enterprises Holdings Ltd now owns 347 shares of the utilities provider’s stock valued at $31,000 after buying an additional 127 shares during the period. Hedge funds and other institutional investors own 89.65% of the company’s stock.

Insider Transactions at Sempra Energy

In other Sempra Energy news, EVP Caroline Ann Winn sold 8,000 shares of the company’s stock in a transaction that occurred on Wednesday, June 17th. The stock was sold at an average price of $90.55, for a total value of $724,400.00. Following the completion of the sale, the executive vice president owned 25,164 shares of the company’s stock, valued at $2,278,600.20. This represents a 24.12% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 0.31% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

Several research firms recently commented on SRE. Jefferies Financial Group set a $101.00 target price on Sempra Energy in a research report on Thursday, July 16th. Weiss Ratings reissued a “hold (c+)” rating on shares of Sempra Energy in a report on Friday, July 17th. BMO Capital Markets set a $102.00 price objective on Sempra Energy and gave the stock an “outperform” rating in a report on Wednesday, July 22nd. Truist Financial set a $100.00 price objective on shares of Sempra Energy and gave the stock a “buy” rating in a research report on Thursday, August 13th. Finally, Morgan Stanley lowered their target price on shares of Sempra Energy from $108.00 to $104.00 and set an “overweight” rating on the stock in a research note on Friday. One analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $103.62.

Sempra Energy Trading Up 2.0%

Shares of SRE stock opened at $84.57 on Tuesday. The company has a quick ratio of 1.62, a current ratio of 1.64 and a debt-to-equity ratio of 0.78. The business has a 50-day moving average price of $90.17 and a two-hundred day moving average price of $92.21. Sempra Energy has a 12-month low of $78.97 and a 12-month high of $101.04. The firm has a market cap of $55.30 billion, a P/E ratio of 24.51, a price-to-earnings-growth ratio of 1.99 and a beta of 0.57.

Sempra Energy (NYSE:SRE) last posted its quarterly earnings data on Thursday, August 6th. The utilities provider reported $1.16 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.01 by $0.15. The firm had revenue of $3 billion during the quarter, compared to analysts’ expectations of $3.14 billion. Sempra Energy had a return on equity of 8.49% and a net margin of 16.70%.The company’s revenue for the quarter was down .1% compared to the same quarter last year. During the same period 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 anticipate that Sempra Energy will post 5.12 EPS for the current fiscal year.

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.