Northwestern Mutual Wealth Management Co. Invests $1.87 Million in Sempra Energy $SRE

Northwestern Mutual Wealth Management Co. acquired a new stake in Sempra Energy (NYSE:SRE) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 20,137 shares of the utilities provider’s stock, valued at approximately $1,867,000.

A number of other large investors have also made changes to their positions in SRE. Quantbot Technologies LP acquired a new stake in shares of Sempra Energy during the 2nd quarter worth about $5,792,000. Varma Mutual Pension Insurance Co acquired a new position in shares of Sempra Energy in the second quarter valued at approximately $13,953,000. Westpac Banking Corp purchased a new position in shares of Sempra Energy during the second quarter valued at approximately $1,736,000. Sumitomo Life Insurance Co. purchased a new position in shares of Sempra Energy during the second quarter valued at approximately $908,000. Finally, Korea Investment CORP acquired a new stake in Sempra Energy during the second quarter worth approximately $33,166,000. Institutional investors and hedge funds own 89.65% of the company’s stock.

Sempra Energy Stock Performance

NYSE:SRE 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 company has a market cap of $55.30 billion, a P/E ratio of 24.51, a P/E/G ratio of 1.99 and a beta of 0.57. Sempra Energy has a fifty-two week low of $78.97 and a fifty-two week high of $101.04. The firm’s 50 day moving average is $90.17 and its two-hundred day moving average is $92.21.

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

Insiders Place Their Bets

In other Sempra Energy news, EVP Caroline Ann Winn sold 8,000 shares of the business’s stock in a transaction dated 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 approximately $2,278,600.20. The trade was 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 accessible through this hyperlink. Insiders own 0.31% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have commented on the stock. Barclays lowered 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. 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 Sempra Energy and gave the company a “buy” rating in a research report on Thursday, August 13th. Wall Street Zen upgraded Sempra Energy from a “sell” rating to a “hold” rating in a research note on Saturday, July 25th. Finally, Morgan Stanley reduced their target price on Sempra Energy from $108.00 to $104.00 and set an “overweight” rating on the stock in a research report on Friday. One research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $103.62.

Sempra Energy 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.