Pure Financial Advisors LLC Buys Shares of 49,127 Sempra Energy $SRE

Pure Financial Advisors LLC purchased a new position in Sempra Energy (NYSE:SREFree Report) during the second quarter, Holdings Channel.com reports. The institutional investor purchased 49,127 shares of the utilities provider’s stock, valued at approximately $4,555,000.

Other large investors have also recently made changes to their positions in the company. Bell Investment Advisors Inc raised its stake in 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 during the last quarter. Frazier Financial Advisors LLC acquired a new stake in Sempra Energy during the 2nd quarter worth $25,000. Ares Financial Consulting LLC purchased a new stake in shares of Sempra Energy during the fourth quarter worth $26,000. Edmond DE Rothschild Holding S.A. purchased a new stake in shares of Sempra Energy during the second quarter worth $27,000. Finally, Silvant Capital Management LLC acquired a new stake in shares of Sempra Energy in the second quarter valued at about $28,000. 89.65% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several equities analysts have recently weighed in on SRE shares. Barclays decreased their price target on shares of Sempra Energy from $105.00 to $103.00 and set an “overweight” rating on the stock in a research note on Thursday, July 9th. Jefferies Financial Group set a $101.00 target price on shares of Sempra Energy in a research note on Thursday, July 16th. TD Cowen initiated coverage on Sempra Energy in a report on Wednesday, July 8th. They set a “buy” rating on the stock. Wall Street Zen upgraded Sempra Energy from a “sell” rating to a “hold” rating in a report on Saturday, July 25th. Finally, Weiss Ratings restated a “hold (c+)” rating on shares of Sempra Energy in a research report on Friday, July 17th. One equities research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $103.62.

View Our Latest Stock Analysis on SRE

Insiders Place Their Bets

In other Sempra Energy news, EVP Caroline Ann Winn sold 8,000 shares of the firm’s stock in a transaction on Wednesday, June 17th. The stock was sold at an average price of $90.55, for a total transaction 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 trade represents a 24.12% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 0.31% of the company’s stock.

Sempra Energy Trading Up 1.6%

Shares of SRE opened at $85.37 on Thursday. Sempra Energy has a 12-month low of $78.97 and a 12-month high of $101.04. The firm has a market capitalization of $55.82 billion, a P/E ratio of 24.74, a P/E/G ratio of 2.02 and a beta of 0.57. The firm has a 50-day moving average price of $89.91 and a 200 day moving average price of $92.18. 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 (NYSE:SREGet Free Report) last posted its earnings results on Thursday, August 6th. The utilities provider reported $1.16 earnings per share for the quarter, beating the consensus estimate of $1.01 by $0.15. Sempra Energy had a net margin of 16.70% and a return on equity of 8.49%. The company had revenue of $3 billion for the quarter, compared to analyst estimates of $3.14 billion. During the same period in the previous year, the business posted $0.89 EPS. Sempra Energy’s revenue was down .1% on a year-over-year basis. 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. Sell-side analysts forecast that Sempra Energy will post 5.12 EPS for the current year.

About Sempra Energy

(Free Report)

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.

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Institutional Ownership by Quarter for Sempra Energy (NYSE:SRE)

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