JCP Investment Management LLC Makes New $10.37 Million Investment in Sempra Energy $SRE

JCP Investment Management LLC bought a new stake in Sempra Energy (NYSE:SRE) in the 1st quarter, Holdings Channel reports. The institutional investor bought 106,400 shares of the utilities provider’s stock, valued at approximately $10,367,000. Sempra Energy accounts for about 6.9% of JCP Investment Management LLC’s holdings, making the stock its 5th largest holding.

Other hedge funds have also recently made changes to their positions in the company. Creative Capital Management Investments LLC increased its stake in shares of Sempra Energy by 12.1% in the first quarter. Creative Capital Management Investments LLC now owns 1,040 shares of the utilities provider’s stock valued at $101,000 after buying an additional 112 shares during the period. Bell Investment Advisors Inc boosted its position in Sempra Energy by 79.5% during the 1st quarter. Bell Investment Advisors Inc now owns 262 shares of the utilities provider’s stock worth $25,000 after buying an additional 116 shares during the period. Gulf International Bank UK Ltd boosted its position in Sempra Energy by 0.4% during the 4th quarter. Gulf International Bank UK Ltd now owns 35,009 shares of the utilities provider’s stock worth $3,091,000 after buying an additional 123 shares during the period. Rothschild Investment LLC grew its holdings in Sempra Energy by 3.5% during the 4th quarter. Rothschild Investment LLC now owns 3,666 shares of the utilities provider’s stock worth $324,000 after acquiring an additional 124 shares during the last quarter. Finally, Clal Insurance Enterprises Holdings Ltd grew its holdings in Sempra Energy by 57.7% during the 4th quarter. Clal Insurance Enterprises Holdings Ltd now owns 347 shares of the utilities provider’s stock worth $31,000 after acquiring an additional 127 shares during the last quarter. 89.65% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Sempra Energy news, 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 value 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 ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Caroline Ann Winn sold 8,000 shares of the company’s stock in a transaction dated Wednesday, June 17th. The shares were sold at an average price of $90.55, for a total transaction of $724,400.00. Following the transaction, the executive vice president owned 25,164 shares in the company, valued at $2,278,600.20. This represents a 24.12% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 13,900 shares of company stock valued at $1,261,207 over the last ninety days. 0.31% of the stock is owned by corporate insiders.

Analyst Ratings Changes

Several equities analysts have recently issued reports on the stock. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Sempra Energy in a research note on Friday, July 17th. Barclays reduced their price objective on shares of Sempra Energy from $105.00 to $103.00 and set an “overweight” rating on the stock in a research note on Thursday, July 9th. Morgan Stanley reaffirmed an “overweight” rating and set a $108.00 target price on shares of Sempra Energy in a research report on Wednesday. Jefferies Financial Group set a $101.00 target price on Sempra Energy in a report on Thursday, July 16th. Finally, Truist Financial set a $104.00 price target on Sempra Energy and gave the company a “buy” rating in a research note on Monday, May 18th. One research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $104.23.

Sempra Energy Price Performance

Shares of NYSE SRE opened at $93.00 on Monday. The company has a market capitalization of $60.80 billion, a PE ratio of 31.53, a P/E/G ratio of 2.23 and a beta of 0.56. 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 has a twelve month low of $78.97 and a twelve month high of $101.04. The firm has a fifty day simple moving average of $91.93 and a 200 day simple moving average of $92.44.

Sempra Energy (NYSE:SRE) last issued its earnings results on Thursday, May 7th. The utilities provider reported $1.51 earnings per share for the quarter, hitting analysts’ consensus estimates of $1.51. The business had revenue of $3.65 billion during the quarter, compared to the consensus estimate of $4.10 billion. Sempra Energy had a return on equity of 8.20% and a net margin of 14.31%.The firm’s revenue for the quarter was down 3.9% on a year-over-year basis. During the same period in the previous year, the company 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. On average, sell-side analysts forecast that Sempra Energy will post 5.12 EPS for the current year.

Sempra Energy Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, July 15th. Investors of record on Thursday, June 25th were given a dividend of $0.6575 per share. This represents a $2.63 dividend on an annualized basis and a dividend yield of 2.8%. The ex-dividend date was Thursday, June 25th. Sempra Energy’s payout ratio is presently 89.15%.

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.