Sempra Energy $SRE Shares Acquired by KBC Group NV

KBC Group NV raised its holdings in shares of Sempra Energy (NYSE:SRE) by 67.8% in the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 142,263 shares of the utilities provider’s stock after buying an additional 57,503 shares during the period. KBC Group NV’s holdings in Sempra Energy were worth $13,824,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Bell Investment Advisors Inc lifted its position in shares of Sempra Energy by 79.5% during the 1st 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 during the last quarter. Ares Financial Consulting LLC purchased a new stake in shares of Sempra Energy during the fourth quarter valued at $26,000. Clal Insurance Enterprises Holdings Ltd boosted its position in shares of Sempra Energy by 57.7% in the 4th quarter. Clal Insurance Enterprises Holdings Ltd now owns 347 shares of the utilities provider’s stock valued at $31,000 after purchasing an additional 127 shares during the period. Key Financial Inc boosted its position in shares of Sempra Energy by 73.6% in the 4th quarter. Key Financial Inc now owns 361 shares of the utilities provider’s stock valued at $32,000 after purchasing an additional 153 shares during the period. Finally, Annis Gardner Whiting Capital Advisors LLC increased its stake in Sempra Energy by 83.0% in the 4th quarter. Annis Gardner Whiting Capital Advisors LLC now owns 355 shares of the utilities provider’s stock worth $32,000 after purchasing an additional 161 shares in the last quarter. Institutional investors own 89.65% of the company’s stock.

Sempra Energy Stock Down 0.2%

Shares of Sempra Energy stock opened at $90.48 on Wednesday. The firm has a market cap of $59.15 billion, a price-to-earnings ratio of 30.67, a P/E/G ratio of 2.18 and a beta of 0.56. The stock has a 50-day simple moving average of $91.84 and a 200-day simple moving average of $92.35. Sempra Energy has a 52-week low of $78.21 and a 52-week high of $101.04. The company has a debt-to-equity ratio of 0.78, a current ratio of 1.69 and a quick ratio of 1.66.

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

Sempra Energy Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, July 15th. Shareholders of record on Thursday, June 25th were given a dividend of $0.6575 per share. This represents a $2.63 annualized dividend and a yield of 2.9%. The ex-dividend date of this dividend was Thursday, June 25th. Sempra Energy’s dividend payout ratio is presently 89.15%.

Insider Buying and Selling at Sempra Energy

In other news, Director Pablo Ferrero sold 2,600 shares of the stock in a transaction dated Monday, May 18th. The stock was sold at an average price of $89.53, for a total transaction of $232,778.00. Following the transaction, the director owned 15,423 shares of the company’s stock, valued at approximately $1,380,821.19. This represents a 14.43% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Caroline Ann Winn sold 8,000 shares of the firm’s stock in a transaction that occurred on Wednesday, June 17th. The shares were 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 in the company, valued at $2,278,600.20. The trade was a 24.12% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 13,900 shares of company stock worth $1,261,207 over the last three months. Corporate insiders own 0.31% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts have commented on the stock. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Sempra Energy in a research note on Friday. Barclays dropped their target price on shares of Sempra Energy from $105.00 to $103.00 and set an “overweight” rating on the stock in a research report on Thursday, July 9th. TD Cowen started coverage on shares of Sempra Energy in a report on Wednesday, July 8th. They set a “buy” rating on the stock. Jefferies Financial Group set a $101.00 price target on shares of Sempra Energy in a research report on Thursday, July 16th. Finally, Wells Fargo & Company reaffirmed an “overweight” rating and issued a $118.00 price objective on shares of Sempra Energy in a research note on Tuesday, April 21st. One research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and four have issued a Hold rating to the company. According to MarketBeat.com, Sempra Energy presently has a consensus rating of “Moderate Buy” and a consensus 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.