Sempra Energy (NYSE:SRE) to Issue $0.66 Quarterly Dividend

Sempra Energy (NYSE:SRE) announced a quarterly dividend on Wednesday, September 2nd. Shareholders of record on Thursday, September 24th will be paid a dividend of 0.6575 per share by the utilities provider on Thursday, October 15th. This represents a c) dividend on an annualized basis and a yield of 3.1%. The ex-dividend date of this dividend is Thursday, September 24th.

Sempra Energy has increased its dividend by an average of 0.0%annually over the last three years and has increased its dividend every year for the last 22 years. Sempra Energy has a dividend payout ratio of 52.6% meaning its dividend is sufficiently covered by earnings. Equities analysts expect Sempra Energy to earn $5.52 per share next year, which means the company should continue to be able to cover its $2.63 annual dividend with an expected future payout ratio of 47.6%.

Sempra Energy Stock Performance

Shares of SRE opened at $83.77 on Thursday. The company has a market capitalization of $54.78 billion, a price-to-earnings ratio of 24.28, a PEG ratio of 2.33 and a beta of 0.56. The company has a current ratio of 1.64, a quick ratio of 1.62 and a debt-to-equity ratio of 0.78. The stock has a 50 day moving average of $89.13 and a 200 day moving average of $91.97. Sempra Energy has a 12 month low of $78.97 and a 12 month high of $101.04.

Sempra Energy (NYSE:SRE) last issued its quarterly earnings results on Thursday, August 6th. The utilities provider reported $1.16 earnings per share (EPS) for the quarter, topping 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 during the quarter, compared to analyst estimates of $3.14 billion. During the same quarter last year, the business posted $0.89 EPS. Sempra Energy’s quarterly revenue was down .1% 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 4.800-5.300 EPS. As a group, sell-side analysts forecast that Sempra Energy will post 5.12 earnings per share for the current year.

Insider Buying and Selling at Sempra Energy

In other news, EVP Caroline Ann Winn sold 8,000 shares of the firm’s stock in a transaction that occurred on Wednesday, June 17th. The shares were sold at an average price of $90.55, for a total value of $724,400.00. Following the transaction, the executive vice president owned 25,164 shares in the company, valued at approximately $2,278,600.20. This trade represents a 24.12% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 0.31% of the company’s stock.

Hedge Funds Weigh In On Sempra Energy

A number of hedge funds have recently modified their holdings of SRE. Bell Investment Advisors Inc grew its stake in shares of Sempra Energy by 79.5% in the first quarter. Bell Investment Advisors Inc now owns 262 shares of the utilities provider’s stock worth $25,000 after purchasing an additional 116 shares during the last quarter. Frazier Financial Advisors LLC bought a new position in Sempra Energy during the 2nd quarter valued at approximately $25,000. Edmond DE Rothschild Holding S.A. purchased a new stake in Sempra Energy in the 2nd quarter worth approximately $27,000. Silvant Capital Management LLC purchased a new stake in Sempra Energy in the 2nd quarter worth approximately $28,000. Finally, Clal Insurance Enterprises Holdings Ltd grew its position in shares of 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 buying an additional 127 shares during the last quarter. Hedge funds and other institutional investors own 89.65% of the company’s stock.

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.