Independent Financial Group LLC Takes Position in Sempra Energy $SRE

Independent Financial Group LLC acquired a new position in Sempra Energy (NYSE:SRE) during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 39,168 shares of the utilities provider’s stock, valued at approximately $3,806,000.

A number of other hedge funds have also recently made changes to their positions in SRE. Norges Bank acquired a new stake in Sempra Energy in the 4th quarter valued at approximately $914,924,000. Morgan Stanley boosted its position in shares of Sempra Energy by 17.0% during the fourth quarter. Morgan Stanley now owns 22,330,091 shares of the utilities provider’s stock worth $1,971,524,000 after buying an additional 3,250,783 shares during the period. Invesco Ltd. boosted its position 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 buying an additional 2,984,409 shares during the period. National Pension Service grew its stake in shares of Sempra Energy by 246.4% in the fourth quarter. National Pension Service now owns 2,826,999 shares of the utilities provider’s stock valued at $249,596,000 after buying an additional 2,010,853 shares in the last quarter. Finally, State Street Corp grew its stake in shares of Sempra Energy by 5.2% in 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 buying an additional 1,824,280 shares in the last quarter. Hedge funds and other institutional investors own 89.65% of the company’s stock.

Sempra Energy Trading Down 0.9%

NYSE SRE opened at $92.31 on Friday. The company has a quick ratio of 1.66, a current ratio of 1.69 and a debt-to-equity ratio of 0.78. Sempra Energy has a 52 week low of $76.43 and a 52 week high of $101.04. The stock has a market capitalization of $60.34 billion, a PE ratio of 31.29, a price-to-earnings-growth ratio of 2.24 and a beta of 0.56. The firm has a 50 day moving average of $91.94 and a two-hundred day moving average of $92.30.

Sempra Energy (NYSE:SRE) last announced its quarterly earnings data on Thursday, May 7th. The utilities provider reported $1.51 earnings per share for the quarter, meeting analysts’ consensus estimates of $1.51. Sempra Energy had a net margin of 14.31% and a return on equity of 8.20%. The business had revenue of $3.65 billion for the quarter, compared to analyst estimates of $4.10 billion. During the same period last year, the business earned $1.44 EPS. The company’s revenue was down 3.9% on a year-over-year basis. 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. As a group, research analysts expect that Sempra Energy will post 5.12 EPS for the current fiscal year.

Sempra Energy Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, July 15th. Shareholders of record on Thursday, June 25th were paid a $0.6575 dividend. The ex-dividend date was Thursday, June 25th. This represents a $2.63 dividend on an annualized basis and a yield of 2.8%. Sempra Energy’s dividend payout ratio (DPR) is currently 89.15%.

Insider Buying and Selling at Sempra Energy

In other Sempra Energy news, EVP Caroline Ann Winn sold 8,000 shares of Sempra Energy 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 directly owned 25,164 shares of the company’s stock, valued at $2,278,600.20. The trade was a 24.12% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Pablo Ferrero sold 2,600 shares of the stock in a transaction dated 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 transaction, the director owned 15,423 shares in the company, valued at approximately $1,380,821.19. The trade was a 14.43% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 13,900 shares of company stock worth $1,261,207 over the last ninety days. Corporate insiders own 0.31% of the company’s stock.

Analysts Set New Price Targets

Several research firms recently issued reports on SRE. Wall Street Zen lowered Sempra Energy from a “hold” rating to a “sell” rating in a research note on Saturday, July 4th. TD Cowen assumed coverage on shares of Sempra Energy in a research note on Wednesday, July 8th. They set a “buy” rating on the stock. Wells Fargo & Company reissued an “overweight” rating and set a $118.00 price target on shares of Sempra Energy in a research report on Tuesday, April 21st. Jefferies Financial Group set a $101.00 price objective on shares of Sempra Energy in a research note on Thursday. Finally, Morgan Stanley reaffirmed an “overweight” rating and set a $105.00 target price on shares of Sempra Energy in a research note on Wednesday, June 24th. One equities research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and four have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $104.08.

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.