Patriot Financial Group Insurance Agency LLC Buys 6,969 Shares of Sempra Energy $SRE

Patriot Financial Group Insurance Agency LLC lifted its stake in Sempra Energy (NYSE:SRE) by 91.4% in the first quarter, HoldingsChannel.com reports. The firm owned 14,594 shares of the utilities provider’s stock after purchasing an additional 6,969 shares during the quarter. Patriot Financial Group Insurance Agency LLC’s holdings in Sempra Energy were worth $1,418,000 at the end of the most recent reporting period.

Several other institutional investors have also recently bought and sold shares of the stock. Empowered Funds LLC lifted its stake in shares of Sempra Energy by 52.5% during the first quarter. Empowered Funds LLC now owns 18,008 shares of the utilities provider’s stock valued at $1,285,000 after acquiring an additional 6,196 shares during the period. Woodline Partners LP increased its position in Sempra Energy by 40.7% in the first quarter. Woodline Partners LP now owns 53,512 shares of the utilities provider’s stock worth $3,819,000 after purchasing an additional 15,474 shares during the period. Baird Financial Group Inc. increased its position in Sempra Energy by 6.2% in the second quarter. Baird Financial Group Inc. now owns 14,699 shares of the utilities provider’s stock worth $1,114,000 after purchasing an additional 858 shares during the period. Cary Street Partners Financial LLC raised its holdings in Sempra Energy by 78.5% during the 2nd quarter. Cary Street Partners Financial LLC now owns 771 shares of the utilities provider’s stock worth $58,000 after purchasing an additional 339 shares during the last quarter. Finally, Sei Investments Co. lifted its position in Sempra Energy by 80.0% during the 2nd quarter. Sei Investments Co. now owns 423,280 shares of the utilities provider’s stock valued at $32,072,000 after purchasing an additional 188,131 shares during the period. Institutional investors own 89.65% of the company’s stock.

Insider Activity

In related news, EVP Justin Christopher Bird sold 1,128 shares of the firm’s stock in a transaction on Wednesday, April 1st. The stock was sold at an average price of $96.69, for a total transaction of $109,066.32. Following the sale, the executive vice president owned 21,632 shares of the company’s stock, valued at approximately $2,091,598.08. This trade represents a 4.96% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Pablo Ferrero sold 2,600 shares of the business’s stock in a transaction dated Monday, May 18th. The shares were sold at an average price of $89.53, for a total value of $232,778.00. Following the completion of the transaction, the director directly owned 15,423 shares of the company’s stock, valued at approximately $1,380,821.19. The trade was a 14.43% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 15,028 shares of company stock valued at $1,370,273. 0.31% of the stock is owned by company insiders.

Sempra Energy Stock Performance

Shares of SRE stock opened at $93.88 on Tuesday. The company has a debt-to-equity ratio of 0.78, a current ratio of 1.69 and a quick ratio of 1.66. The stock has a market cap of $61.37 billion, a PE ratio of 31.82, a price-to-earnings-growth ratio of 2.27 and a beta of 0.57. The stock has a 50-day moving average of $91.88 and a 200-day moving average of $91.82. Sempra Energy has a one year low of $73.18 and a one year high of $101.04.

Sempra Energy (NYSE:SRE) last released its quarterly earnings data on Thursday, May 7th. The utilities provider reported $1.51 earnings per share for the quarter, hitting the consensus estimate of $1.51. The business had revenue of $3.65 billion for the quarter, compared to analyst estimates of $4.10 billion. Sempra Energy had a net margin of 14.31% and a return on equity of 8.20%. Sempra Energy’s quarterly revenue was down 3.9% compared to the same quarter last year. During the same quarter last year, the firm earned $1.44 EPS. 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, sell-side analysts expect that Sempra Energy will post 5.11 earnings per share for the current year.

Sempra Energy Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Thursday, June 25th will be given a dividend of $0.6575 per share. This represents a $2.63 dividend on an annualized basis and a dividend yield of 2.8%. The ex-dividend date of this dividend is Thursday, June 25th. Sempra Energy’s dividend payout ratio (DPR) is currently 89.15%.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on SRE. UBS Group reaffirmed a “neutral” rating and issued a $100.00 target price (up from $96.00) on shares of Sempra Energy in a research note on Friday, March 6th. Morgan Stanley reissued an “overweight” rating and set a $105.00 price target on shares of Sempra Energy in a research note on Wednesday, June 24th. BMO Capital Markets cut their price objective on shares of Sempra Energy from $105.00 to $103.00 and set an “outperform” rating on the stock in a report on Monday, May 11th. Argus raised shares of Sempra Energy from a “hold” rating to a “buy” rating in a research note on Wednesday, March 4th. Finally, Weiss Ratings reiterated a “hold (c+)” rating on shares of Sempra Energy in a research report on Monday, April 20th. One analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Sempra Energy currently has an average rating of “Moderate Buy” and an average target price of $102.75.

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.