Newport Trust Company LLC Sells 491,932 Shares of Sempra Energy $SRE

Newport Trust Company LLC decreased its position in Sempra Energy (NYSE:SRE) by 4.0% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 11,715,950 shares of the utilities provider’s stock after selling 491,932 shares during the period. Sempra Energy accounts for 2.5% of Newport Trust Company LLC’s portfolio, making the stock its 11th largest position. Newport Trust Company LLC’s holdings in Sempra Energy were worth $1,034,401,000 at the end of the most recent reporting period.

Several other hedge funds have also added to or reduced their stakes in the company. Van Hulzen Asset Management LLC boosted its holdings in Sempra Energy by 2.0% in the fourth quarter. Van Hulzen Asset Management LLC now owns 10,210 shares of the utilities provider’s stock valued at $901,000 after acquiring an additional 204 shares during the last quarter. Global Retirement Partners LLC boosted its holdings in Sempra Energy by 82.5% during the fourth quarter. Global Retirement Partners LLC now owns 5,872 shares of the utilities provider’s stock worth $518,000 after buying an additional 2,655 shares during the last quarter. Mach 1 Financial Group LLC bought a new position in Sempra Energy during the fourth quarter worth about $439,000. Leonteq Securities AG bought a new position in Sempra Energy during the fourth quarter worth about $441,000. Finally, ABN Amro Investment Solutions bought a new position in Sempra Energy during the fourth quarter worth about $3,791,000. Institutional investors own 89.65% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on SRE shares. Weiss Ratings restated a “hold (c+)” rating on shares of Sempra Energy in a report on Monday, April 20th. Wells Fargo & Company restated an “overweight” rating and set a $118.00 target price on shares of Sempra Energy in a report on Tuesday, April 21st. Wall Street Zen cut Sempra Energy from a “hold” rating to a “sell” rating in a report on Sunday, May 10th. JPMorgan Chase & Co. raised their target price on Sempra Energy from $98.00 to $106.00 and gave the stock an “overweight” rating in a report on Wednesday, March 18th. Finally, BMO Capital Markets reduced their target price on Sempra Energy from $105.00 to $103.00 and set an “outperform” rating on the stock in a report on Monday, May 11th. One research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $102.67.

Sempra Energy Trading Up 0.1%

NYSE SRE opened at $91.54 on Friday. The firm has a market cap of $59.84 billion, a P/E ratio of 31.03, a P/E/G ratio of 3.45 and a beta of 0.60. The company has a debt-to-equity ratio of 0.78, a current ratio of 1.69 and a quick ratio of 1.66. The stock’s 50-day moving average is $94.54 and its 200-day moving average is $91.96. Sempra Energy has a one year low of $73.06 and a one year high of $101.04.

Sempra Energy (NYSE:SRE) last released its quarterly earnings results on Thursday, May 7th. The utilities provider reported $1.51 EPS for the quarter, hitting analysts’ consensus estimates of $1.51. The company had revenue of $3.66 billion for the quarter, compared to analyst estimates of $4.10 billion. Sempra Energy had a return on equity of 8.20% and a net margin of 14.31%.Sempra Energy’s revenue was down 3.9% compared to the same quarter last year. During the same quarter last year, the firm posted $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. Sell-side analysts anticipate that Sempra Energy will post 5.11 earnings per share for the current fiscal year.

Sempra Energy Dividend Announcement

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

Insider Activity at Sempra Energy

In other Sempra Energy news, Director Jennifer M. Kirk purchased 1,000 shares of the company’s stock in a transaction dated Thursday, March 12th. The shares were bought at an average price of $93.44 per share, with a total value of $93,440.00. Following the completion of the transaction, the director directly owned 1,000 shares in the company, valued at $93,440. This trade represents a ? increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CAO Dyan Z. Wold sold 1,539 shares of the firm’s stock in a transaction dated Monday, March 16th. The stock was sold at an average price of $95.38, for a total value of $146,789.82. Following the sale, the chief accounting officer directly owned 4,633 shares in the company, valued at approximately $441,895.54. This represents a 24.94% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have acquired 6,192 shares of company stock valued at $576,979 and have sold 13,439 shares valued at $1,243,713. 0.31% of the stock is owned by company insiders.

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.