Capital International Investors Has $4.57 Billion Holdings in Sempra Energy $SRE

Capital International Investors cut its holdings in Sempra Energy (NYSE:SRE) by 4.2% during the 4th quarter, HoldingsChannel reports. The fund owned 51,777,703 shares of the utilities provider’s stock after selling 2,293,503 shares during the quarter. Capital International Investors owned 0.08% of Sempra Energy worth $4,572,074,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also modified their holdings of SRE. Ares Financial Consulting LLC acquired a new stake in Sempra Energy during the fourth quarter worth about $26,000. Annis Gardner Whiting Capital Advisors LLC grew its stake in Sempra Energy by 83.0% during the fourth quarter. Annis Gardner Whiting Capital Advisors LLC now owns 355 shares of the utilities provider’s stock worth $32,000 after buying an additional 161 shares in the last quarter. Key Financial Inc grew its stake in Sempra Energy by 73.6% during the fourth quarter. Key Financial Inc now owns 361 shares of the utilities provider’s stock worth $32,000 after buying an additional 153 shares in the last quarter. Board of the Pension Protection Fund acquired a new stake in Sempra Energy during the fourth quarter worth about $35,000. Finally, Salomon & Ludwin LLC grew its stake in Sempra Energy by 88.8% during the fourth quarter. Salomon & Ludwin LLC now owns 406 shares of the utilities provider’s stock worth $36,000 after buying an additional 191 shares in the last quarter. 89.65% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

SRE has been the topic of a number of analyst reports. Argus upgraded shares of Sempra Energy from a “hold” rating to a “buy” rating in a research note on Wednesday, March 4th. BMO Capital Markets reduced their price objective on shares of Sempra Energy from $105.00 to $103.00 and set an “outperform” rating on the stock in a research note on Monday, May 11th. UBS Group reiterated a “neutral” rating and set a $100.00 price objective (up from $96.00) on shares of Sempra Energy in a research note on Friday, March 6th. Weiss Ratings reissued a “hold (c+)” rating on shares of Sempra Energy in a report on Monday, April 20th. Finally, Wells Fargo & Company reissued an “overweight” rating and issued a $118.00 target price on shares of Sempra Energy in a report on Tuesday, April 21st. One equities research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $102.67.

Insiders Place Their Bets

In related news, EVP Justin Christopher Bird sold 1,128 shares of Sempra Energy stock in a transaction on Wednesday, April 1st. The shares were sold at an average price of $96.69, for a total value of $109,066.32. Following the completion of the sale, the executive vice president owned 21,632 shares of the company’s stock, valued at approximately $2,091,598.08. This trade represents a 4.96% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Pablo Ferrero sold 2,600 shares of Sempra Energy stock in a transaction on Monday, May 18th. The shares were sold at an average price of $89.53, for a total transaction of $232,778.00. Following the completion of the sale, the director directly owned 15,423 shares of the company’s stock, valued at approximately $1,380,821.19. The trade was a 14.43% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders have acquired 6,192 shares of company stock worth $576,979 and have sold 13,439 shares worth $1,243,713. 0.31% of the stock is owned by company insiders.

Sempra Energy Stock Up 1.3%

Shares of NYSE SRE opened at $91.51 on Friday. The company has a 50 day simple moving average of $93.68 and a 200 day simple moving average of $91.80. The firm has a market cap of $59.82 billion, a PE ratio of 31.02, a price-to-earnings-growth ratio of 3.46 and a beta of 0.56. Sempra Energy has a 1 year low of $73.06 and a 1 year 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 released its quarterly earnings results on Thursday, May 7th. The utilities provider reported $1.51 earnings per share (EPS) for the quarter, hitting the consensus estimate of $1.51. Sempra Energy had a net margin of 14.31% and a return on equity of 8.20%. The firm had revenue of $3.66 billion during the quarter, compared to analyst estimates of $4.10 billion. During the same quarter last year, the business earned $1.44 EPS. The company’s revenue was down 3.9% 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 4.870-5.370 EPS. On average, research analysts forecast that Sempra Energy will post 5.11 EPS for the current year.

Sempra Energy Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, July 15th. Investors of record on Thursday, June 25th will be given a $0.6575 dividend. The ex-dividend date of this dividend is Thursday, June 25th. This represents a $2.63 annualized dividend and a yield of 2.9%. Sempra Energy’s dividend payout ratio (DPR) is presently 89.15%.

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.