Hsbc Holdings PLC Has $219.29 Million Stake in Sempra Energy $SRE

Hsbc Holdings PLC increased its position in Sempra Energy (NYSE:SRE) by 10.4% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 2,483,473 shares of the utilities provider’s stock after purchasing an additional 234,894 shares during the quarter. Hsbc Holdings PLC’s holdings in Sempra Energy were worth $219,295,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of SRE. Peak Financial Advisors LLC raised its holdings in shares of Sempra Energy by 190.1% in the 4th quarter. Peak Financial Advisors LLC now owns 26,552 shares of the utilities provider’s stock worth $2,344,000 after buying an additional 17,400 shares in the last quarter. Duff & Phelps Investment Management Co. boosted its stake in Sempra Energy by 5.2% in the 3rd quarter. Duff & Phelps Investment Management Co. now owns 2,143,205 shares of the utilities provider’s stock valued at $192,846,000 after buying an additional 106,380 shares in the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. boosted its stake in Sempra Energy by 4.9% in the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 1,590,698 shares of the utilities provider’s stock valued at $142,702,000 after buying an additional 74,749 shares in the last quarter. Tounjian Advisory Partners LLC bought a new stake in Sempra Energy in the fourth quarter valued at $1,375,000. Finally, Aventail Capital Group LP grew its position in Sempra Energy by 50.5% in the third quarter. Aventail Capital Group LP now owns 394,498 shares of the utilities provider’s stock valued at $35,497,000 after acquiring an additional 132,302 shares during the period. Institutional investors own 89.65% of the company’s stock.

Analyst Upgrades and Downgrades

SRE has been the subject of a number of analyst reports. Truist Financial set a $104.00 price objective on Sempra Energy and gave the company a “buy” rating in a report on Monday, May 18th. JPMorgan Chase & Co. raised their price objective on shares of Sempra Energy from $98.00 to $106.00 and gave the stock an “overweight” rating in a report on Wednesday, March 18th. Barclays reiterated an “overweight” rating and issued a $105.00 target price (up from $95.00) on shares of Sempra Energy in a research note on Wednesday, April 15th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Sempra Energy in a report on Monday, April 20th. Finally, Wells Fargo & Company reiterated an “overweight” rating and issued a $118.00 price objective on shares of Sempra Energy in a research report on Tuesday, April 21st. One research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat, Sempra Energy currently has a consensus rating of “Moderate Buy” and an average price target of $102.75.

Insiders Place Their Bets

In related news, insider Diana L. Day sold 3,300 shares of the business’s stock in a transaction that occurred on Thursday, May 14th. The stock was sold at an average price of $92.13, for a total value of $304,029.00. Following the completion of the transaction, the insider directly owned 22,870 shares in the company, valued at approximately $2,107,013.10. The trade was a 12.61% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, 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 sale, the executive vice president directly 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 SEC filing for this sale provides additional information. Insiders sold 13,900 shares of company stock worth $1,261,207 over the last ninety days. 0.31% of the stock is currently owned by corporate insiders.

Sempra Energy Trading Down 0.1%

SRE opened at $93.01 on Friday. The firm’s fifty day moving average is $91.82 and its two-hundred day moving average is $91.90. The firm has a market cap of $60.80 billion, a PE ratio of 31.53, a price-to-earnings-growth ratio of 2.24 and a beta of 0.56. Sempra Energy has a twelve month low of $73.18 and a twelve month high of $101.04. The company has a debt-to-equity ratio of 0.78, a quick ratio of 1.66 and a current ratio of 1.69.

Sempra Energy (NYSE:SRE) last released its quarterly earnings data on Thursday, May 7th. The utilities provider reported $1.51 EPS for the quarter, meeting analysts’ consensus estimates of $1.51. The business had revenue of $3.65 billion during the quarter, compared to analysts’ expectations of $4.10 billion. Sempra Energy had a net margin of 14.31% and a return on equity of 8.20%. The firm’s quarterly revenue was down 3.9% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.44 EPS. 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. Equities research analysts anticipate 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. Shareholders of record on Thursday, June 25th will be issued a $0.6575 dividend. This represents a $2.63 annualized dividend and a dividend yield of 2.8%. The ex-dividend date is Thursday, June 25th. Sempra Energy’s dividend payout ratio is 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.