Sempra Energy $SRE Stock: Inspire Trust Co. N.A. Boosts Holdings

Inspire Trust Co. N.A. boosted its stake in shares of Sempra Energy (NYSE:SRE) by 13.4% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 101,500 shares of the utilities provider’s stock after buying an additional 12,000 shares during the period. Sempra Energy comprises 0.9% of Inspire Trust Co. N.A.’s investment portfolio, making the stock its 27th largest holding. Inspire Trust Co. N.A.’s holdings in Sempra Energy were worth $7,913,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently bought and sold shares of the company. Bell Investment Advisors Inc acquired a new position in shares of Sempra Energy in the second quarter worth about $25,000. Frazier Financial Advisors LLC acquired a new stake in shares of Sempra Energy during the second quarter valued at approximately $25,000. Anchor Investment Management LLC acquired a new stake in shares of Sempra Energy during the second quarter valued at approximately $26,000. Edmond DE Rothschild Holding S.A. acquired a new stake in shares of Sempra Energy during the second quarter valued at approximately $27,000. Finally, Silvant Capital Management LLC purchased a new stake in shares of Sempra Energy in the 2nd quarter valued at approximately $28,000. 89.65% of the stock is owned by hedge funds and other institutional investors.

Sempra Energy Stock Performance

Shares of SRE opened at $78.42 on Wednesday. The company’s 50 day moving average price is $81.86 and its 200 day moving average price is $89.15. Sempra Energy has a 52 week low of $76.21 and a 52 week high of $101.04. The company has a market capitalization of $51.29 billion, a PE ratio of 16.79, a PEG ratio of 2.17 and a beta of 0.55. The company has a debt-to-equity ratio of 0.77, a quick ratio of 1.59 and a current ratio of 1.61.

Sempra Energy (NYSE:SRE) last released its quarterly earnings data on Thursday, November 5th. The utilities provider reported $1.40 earnings per share for the quarter, beating the consensus estimate of $1.22 by $0.18. Sempra Energy had a net margin of 22.53% and a return on equity of 8.84%. The firm had revenue of $3.19 billion for the quarter, compared to analyst estimates of $3.31 billion. During the same quarter in the prior year, the business earned $1.11 EPS. The company’s revenue for the quarter was up 1.3% 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 4.800-5.300 EPS. Research analysts expect that Sempra Energy will post 5.14 EPS for the current fiscal year.

Sempra Energy Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, October 15th. Stockholders of record on Thursday, September 24th were issued a dividend of $0.6575 per share. This represents a $2.63 annualized dividend and a dividend yield of 3.4%. The ex-dividend date was Thursday, September 24th. Sempra Energy’s payout ratio is currently 56.32%.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on SRE shares. Barclays reaffirmed an “overweight” rating and issued a $90.00 price objective (down from $103.00) on shares of Sempra Energy in a research note on Monday, October 12th. HSBC assumed coverage on shares of Sempra Energy in a research report on Thursday, October 22nd. They set a “buy” rating and a $97.50 price objective on the stock. BMO Capital Markets set a $102.00 target price on shares of Sempra Energy and gave the company an “outperform” rating in a research note on Wednesday, July 22nd. Morgan Stanley reduced their target price on Sempra Energy from $104.00 to $100.00 and set an “overweight” rating for the company in a report on Friday, September 18th. Finally, Jefferies Financial Group raised Sempra Energy from a “hold” rating to a “buy” rating and decreased their target price for the stock from $101.00 to $97.00 in a research report on Tuesday, September 1st. Fourteen investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $99.47.

Sempra Energy Profile

Sempra is a North American energy infrastructure company headquartered in San Diego, California. Formed in 1998 through the merger of Pacific Enterprises and Enova Corporation, the company develops and operates regulated utilities and energy infrastructure. In California, Sempra’s utilities include San Diego Gas & Electric and Southern California Gas Company, which provide electricity and natural gas services to homes and businesses. In Texas, its operations include an ownership interest in Oncor, an electric transmission and distribution company.