Hilltop National Bank Has $1.33 Million Stock Position in Sempra Energy $SRE

Hilltop National Bank increased its holdings in Sempra Energy (NYSE:SRE) by 9,307.8% in the 2nd quarter, Holdings Channel reports. The fund owned 14,394 shares of the utilities provider’s stock after purchasing an additional 14,241 shares during the period. Hilltop National Bank’s holdings in Sempra Energy were worth $1,334,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of SRE. Norges Bank purchased a new position in Sempra Energy during the 4th quarter valued at about $914,924,000. Morgan Stanley lifted its position in shares of Sempra Energy by 17.0% in the fourth quarter. Morgan Stanley now owns 22,330,091 shares of the utilities provider’s stock worth $1,971,524,000 after purchasing an additional 3,250,783 shares in the last quarter. Invesco Ltd. boosted its holdings in shares of Sempra Energy by 40.1% during the third quarter. Invesco Ltd. now owns 10,419,115 shares of the utilities provider’s stock worth $937,512,000 after purchasing an additional 2,984,409 shares during the period. National Pension Service boosted its holdings in shares of Sempra Energy by 246.4% during the fourth quarter. National Pension Service now owns 2,826,999 shares of the utilities provider’s stock worth $249,596,000 after purchasing an additional 2,010,853 shares during the period. Finally, State Street Corp grew its position in Sempra Energy by 5.2% during the fourth quarter. State Street Corp now owns 36,810,449 shares of the utilities provider’s stock valued at $3,273,460,000 after purchasing an additional 1,824,280 shares in the last quarter. 89.65% of the stock is currently owned by institutional investors and hedge funds.

Sempra Energy Trading Down 0.9%

Shares of NYSE SRE opened at $87.73 on Tuesday. The business has a 50 day simple moving average of $91.67 and a 200 day simple moving average of $92.49. Sempra Energy has a 52 week low of $78.97 and a 52 week high of $101.04. The stock has a market cap of $57.35 billion, a price-to-earnings ratio of 29.74, a PEG ratio of 2.13 and a beta of 0.56. The company has a debt-to-equity ratio of 0.78, a quick ratio of 1.66 and a current ratio of 1.69.

Sempra Energy (NYSE:SRE) last posted its earnings results on Thursday, May 7th. The utilities provider reported $1.51 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $1.51. The firm had revenue of $3.65 billion during the quarter, compared to analysts’ expectations of $4.10 billion. Sempra Energy had a net margin of 14.31% and a return on equity of 8.20%. The company’s revenue was down 3.9% compared to the same quarter last year. During the same period in the previous year, the company earned $1.44 earnings per share. 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. On average, research analysts predict that Sempra Energy will post 5.12 earnings per share for the current fiscal year.

Sempra Energy Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, July 15th. Investors of record on Thursday, June 25th were paid a $0.6575 dividend. This represents a $2.63 annualized dividend and a dividend yield of 3.0%. The ex-dividend date of this dividend was Thursday, June 25th. Sempra Energy’s payout ratio is presently 89.15%.

Insider Activity at Sempra Energy

In related news, Director Pablo Ferrero sold 2,600 shares of the company’s stock in a transaction on 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 sale, the director directly owned 15,423 shares in the company, valued at approximately $1,380,821.19. This represents a 14.43% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, EVP Caroline Ann Winn sold 8,000 shares of the 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 transaction, the executive vice president directly owned 25,164 shares in the company, valued at $2,278,600.20. The trade was a 24.12% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 13,900 shares of company stock valued at $1,261,207. Insiders own 0.31% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on the stock. TD Cowen started coverage on shares of Sempra Energy in a research note on Wednesday, July 8th. They issued a “buy” rating on the stock. Barclays decreased their target price on shares of Sempra Energy from $105.00 to $103.00 and set an “overweight” rating for the company in a research note on Thursday, July 9th. Wells Fargo & Company restated an “overweight” rating and set a $118.00 price target on shares of Sempra Energy in a report on Tuesday, April 21st. Morgan Stanley reaffirmed an “overweight” rating and issued a $108.00 price target on shares of Sempra Energy in a research note on Wednesday, July 22nd. Finally, Jefferies Financial Group set a $101.00 price objective on Sempra Energy in a report on Thursday, July 16th. One investment 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, Sempra Energy has an average rating of “Moderate Buy” and a consensus target price of $104.23.

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.