Sempra Energy $SRE Shares Purchased by Ilmarinen Mutual Pension Insurance Co

Ilmarinen Mutual Pension Insurance Co lifted its position in Sempra Energy (NYSE:SRE) by 207.4% in the 4th quarter, HoldingsChannel.com reports. The firm owned 104,500 shares of the utilities provider’s stock after acquiring an additional 70,500 shares during the quarter. Ilmarinen Mutual Pension Insurance Co’s holdings in Sempra Energy were worth $9,226,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently made changes to their positions in SRE. Empowered Funds LLC lifted its stake in shares of Sempra Energy by 52.5% in the 1st quarter. Empowered Funds LLC now owns 18,008 shares of the utilities provider’s stock valued at $1,285,000 after purchasing an additional 6,196 shares during the period. Woodline Partners LP lifted its stake in shares of Sempra Energy by 40.7% in the 1st quarter. Woodline Partners LP now owns 53,512 shares of the utilities provider’s stock valued at $3,819,000 after purchasing an additional 15,474 shares during the period. Baird Financial Group Inc. increased its holdings in Sempra Energy by 6.2% in the 2nd quarter. Baird Financial Group Inc. now owns 14,699 shares of the utilities provider’s stock worth $1,114,000 after acquiring an additional 858 shares in the last quarter. Cary Street Partners Financial LLC increased its holdings in Sempra Energy by 78.5% in the 2nd quarter. Cary Street Partners Financial LLC now owns 771 shares of the utilities provider’s stock worth $58,000 after acquiring an additional 339 shares in the last quarter. Finally, Sei Investments Co. increased its holdings in Sempra Energy by 80.0% in the 2nd quarter. Sei Investments Co. now owns 423,280 shares of the utilities provider’s stock worth $32,072,000 after acquiring an additional 188,131 shares in the last quarter. 89.65% of the stock is currently owned by institutional investors and hedge funds.

Sempra Energy Price Performance

Sempra Energy stock opened at $90.03 on Friday. Sempra Energy has a 52-week low of $73.06 and a 52-week high of $101.04. The firm has a market capitalization of $58.85 billion, a price-to-earnings ratio of 30.52, a PEG ratio of 3.45 and a beta of 0.60. The company has a fifty day simple moving average of $94.25 and a 200-day simple moving average of $91.92. The company has a quick ratio of 1.66, a current ratio of 1.69 and a debt-to-equity ratio of 0.78.

Sempra Energy (NYSE:SRE) last released its earnings results on Thursday, May 7th. The utilities provider reported $1.51 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $1.51. Sempra Energy had a net margin of 14.31% and a return on equity of 8.20%. The business had revenue of $3.66 billion during the quarter, compared to analyst estimates of $4.10 billion. During the same quarter in the prior year, the firm earned $1.44 earnings per share. The company’s revenue for the quarter 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, equities analysts anticipate that Sempra Energy will post 5.11 EPS for the current fiscal year.

Sempra Energy Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Thursday, June 25th will be issued 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 is presently 89.15%.

Insider Buying and Selling at Sempra Energy

In other news, Director Pablo Ferrero sold 2,600 shares of the company’s 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 owned 15,423 shares of the company’s stock, valued at $1,380,821.19. This represents a 14.43% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CAO Dyan Z. Wold sold 1,539 shares of the company’s stock in a transaction on Monday, March 16th. The stock was sold at an average price of $95.38, for a total transaction of $146,789.82. Following the sale, the chief accounting officer directly owned 4,633 shares of the company’s stock, valued at $441,895.54. The trade was a 24.94% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have bought 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 corporate insiders.

Analysts Set New Price Targets

Several equities research analysts recently commented on the stock. BMO Capital Markets cut their price target on shares of Sempra Energy from $105.00 to $103.00 and set an “outperform” rating for the company in a report on Monday, May 11th. Weiss Ratings reissued a “hold (c+)” rating on shares of Sempra Energy in a report on Monday, April 20th. Argus raised shares of Sempra Energy from a “hold” rating to a “buy” rating in a report on Wednesday, March 4th. JPMorgan Chase & Co. boosted their price target 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. Finally, Wall Street Zen lowered shares of Sempra Energy from a “hold” rating to a “sell” rating in a report on Sunday, May 10th. One analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $102.67.

Sempra Energy Company 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.