The Manufacturers Life Insurance Company Takes Position in Sempra Energy $SRE

The Manufacturers Life Insurance Company bought a new stake in shares of Sempra Energy (NYSE:SRE) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 916,291 shares of the utilities provider’s stock, valued at approximately $84,949,000.

Other institutional investors have also bought and sold shares of the company. Bell Investment Advisors Inc lifted its position 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 valued at $25,000 after acquiring an additional 116 shares in the last quarter. Frazier Financial Advisors LLC purchased a new stake in shares of Sempra Energy during the second quarter worth about $25,000. Ares Financial Consulting LLC purchased a new stake in shares of Sempra Energy during the fourth quarter worth about $26,000. Edmond DE Rothschild Holding S.A. purchased a new stake in shares of Sempra Energy during the second quarter worth about $27,000. Finally, Silvant Capital Management LLC bought a new stake in Sempra Energy during the 2nd quarter valued at approximately $28,000. Hedge funds and other institutional investors own 89.65% of the company’s stock.

Insider Activity at Sempra Energy

In other news, EVP Caroline Ann Winn sold 8,000 shares of the business’s stock in a transaction dated Wednesday, June 17th. The shares were sold at an average price of $90.55, for a total value of $724,400.00. Following the sale, 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 position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. 0.31% of the stock is owned by insiders.

Sempra Energy Stock Performance

NYSE:SRE opened at $84.03 on Wednesday. The company has a market cap of $54.95 billion, a price-to-earnings ratio of 24.36, a PEG ratio of 2.03 and a beta of 0.57. Sempra Energy has a 1 year low of $78.97 and a 1 year high of $101.04. The stock’s 50 day simple moving average is $90.01 and its two-hundred day simple moving average is $92.19. The company has a debt-to-equity ratio of 0.78, a current ratio of 1.64 and a quick ratio of 1.62.

Sempra Energy (NYSE:SRE) last posted its earnings results on Thursday, August 6th. The utilities provider reported $1.16 earnings per share for the quarter, beating analysts’ consensus estimates of $1.01 by $0.15. Sempra Energy had a net margin of 16.70% and a return on equity of 8.49%. The firm had revenue of $3 billion during the quarter, compared to analyst estimates of $3.14 billion. During the same period last year, the firm posted $0.89 earnings per share. Sempra Energy’s revenue for the quarter 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, equities analysts anticipate that Sempra Energy will post 5.12 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

SRE has been the subject of several recent analyst reports. Morgan Stanley dropped their price target on Sempra Energy from $108.00 to $104.00 and set an “overweight” rating for the company in a research note on Friday, August 21st. TD Cowen started coverage on shares of Sempra Energy in a report on Wednesday, July 8th. They issued a “buy” rating on the stock. Weiss Ratings restated a “hold (c+)” rating on shares of Sempra Energy in a research report on Friday, July 17th. Truist Financial set a $100.00 target price on shares of Sempra Energy and gave the company a “buy” rating in a research note on Thursday, August 13th. Finally, Barclays reduced their price target on shares of Sempra Energy from $105.00 to $103.00 and set an “overweight” rating on the stock in a report on Thursday, July 9th. One investment analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus 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.