Brasada Capital Management LP Buys Shares of 8,778 Sempra Energy $SRE

Brasada Capital Management LP bought a new stake in shares of Sempra Energy (NYSE:SRE) in the 2nd quarter, according to its most recent filing with the SEC. The institutional investor bought 8,778 shares of the utilities provider’s stock, valued at approximately $814,000.

Other hedge funds have also made changes to their positions in the company. Bell Investment Advisors Inc raised its holdings in 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 bought a new position in Sempra Energy during the 2nd quarter valued at $25,000. Ares Financial Consulting LLC acquired a new position in Sempra Energy during the 4th quarter worth $26,000. Edmond DE Rothschild Holding S.A. acquired a new position in Sempra Energy during the 2nd quarter worth $27,000. Finally, Silvant Capital Management LLC bought a new stake in shares of Sempra Energy in the 2nd quarter worth about $28,000. Institutional investors and hedge funds own 89.65% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on the stock. Morgan Stanley cut their target price on shares of Sempra Energy from $108.00 to $104.00 and set an “overweight” rating on the stock in a research note on Friday, August 21st. Barclays decreased their price target on 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 company an “outperform” rating in a report on Wednesday, July 22nd. TD Cowen initiated coverage on Sempra Energy in a research note on Wednesday, July 8th. They set a “buy” rating on the stock. Finally, Jefferies Financial Group set a $101.00 price objective on Sempra Energy in a research note on Thursday, July 16th. One research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $103.62.

Insider Activity

In other news, EVP Caroline Ann Winn sold 8,000 shares of the business’s stock in a transaction on Wednesday, June 17th. The shares were sold at an average price of $90.55, for a total transaction of $724,400.00. Following the completion of the transaction, 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 sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Company insiders own 0.31% of the company’s stock.

Sempra Energy Trading Down 0.6%

Shares of NYSE SRE opened at $84.75 on Friday. The company has a market cap of $55.42 billion, a price-to-earnings ratio of 24.57, a price-to-earnings-growth ratio of 2.05 and a beta of 0.57. Sempra Energy has a 12-month low of $78.97 and a 12-month high of $101.04. 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’s 50 day simple moving average is $89.80 and its 200 day simple moving average is $92.16.

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

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.