Mufg Securities Americas Inc. Invests $1.82 Million in Sempra Energy $SRE

Mufg Securities Americas Inc. purchased a new position in Sempra Energy (NYSE:SRE) in the second quarter, Holdings Channel reports. The fund purchased 19,688 shares of the utilities provider’s stock, valued at approximately $1,825,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of SRE. BlackRock Inc. acquired a new stake in Sempra Energy during the second quarter valued at approximately $5,588,577,000. Norges Bank acquired a new position in shares of Sempra Energy in the 4th quarter worth approximately $914,924,000. Bank of America Corp DE bought a new stake in shares of Sempra Energy in the 2nd quarter valued at approximately $957,056,000. Deutsche Bank AG bought a new stake in shares of Sempra Energy in the 2nd quarter valued at approximately $896,599,000. Finally, Legal & General Group Plc acquired a new stake in shares of Sempra Energy during the 2nd quarter valued at approximately $538,775,000. 89.65% of the stock is owned by institutional investors.

Sempra Energy Trading Down 0.6%

NYSE:SRE opened at $84.25 on Friday. The firm has a market capitalization of $55.09 billion, a P/E ratio of 24.42, a P/E/G ratio of 2.03 and a beta of 0.57. The business has a 50 day simple moving average of $89.67 and a 200 day simple moving average of $92.10. 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 has a 12-month low of $78.97 and a 12-month high of $101.04.

Sempra Energy (NYSE:SRE) last announced its quarterly earnings results 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 the consensus estimate of $3.14 billion. Sempra Energy had a net margin of 16.70% and a return on equity of 8.49%. The company’s revenue for the quarter was down .1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.89 earnings per share. 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 predict that Sempra Energy will post 5.12 EPS for the current year.

Insider Buying and Selling at Sempra Energy

In related news, EVP Caroline Ann Winn sold 8,000 shares of the stock in a transaction that occurred on Wednesday, June 17th. The stock was sold at an average price of $90.55, for a total value of $724,400.00. Following the completion of the transaction, the executive vice president directly owned 25,164 shares of the company’s stock, valued at $2,278,600.20. This represents a 24.12% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Company insiders own 0.31% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on the company. Morgan Stanley reduced their price objective on 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 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 target price on shares of Sempra Energy and gave the stock an “outperform” rating in a report on Wednesday, July 22nd. Weiss Ratings restated a “hold (c+)” rating on shares of Sempra Energy in a research report on Friday, July 17th. Finally, Truist Financial set a $100.00 price target on shares of Sempra Energy and gave the company a “buy” rating in a report on Thursday, August 13th. One research 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. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price 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.