O Shaughnessy Asset Management LLC Purchases 9,806 Shares of Sempra Energy $SRE

O Shaughnessy Asset Management LLC grew its position in Sempra Energy (NYSE:SRE) by 9.7% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 110,400 shares of the utilities provider’s stock after purchasing an additional 9,806 shares during the period. O Shaughnessy Asset Management LLC’s holdings in Sempra Energy were worth $9,747,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Vanguard Group Inc. raised its holdings in Sempra Energy by 1.3% during the fourth quarter. Vanguard Group Inc. now owns 76,734,070 shares of the utilities provider’s stock worth $6,774,907,000 after acquiring an additional 1,008,476 shares in the last quarter. Capital International Investors raised its holdings in Sempra Energy by 9.2% during the third quarter. Capital International Investors now owns 54,071,206 shares of the utilities provider’s stock worth $4,865,115,000 after acquiring an additional 4,572,312 shares in the last quarter. State Street Corp raised its holdings in Sempra Energy by 1.8% during the third quarter. State Street Corp now owns 34,986,169 shares of the utilities provider’s stock worth $3,148,055,000 after acquiring an additional 606,101 shares in the last quarter. Geode Capital Management LLC raised its holdings in Sempra Energy by 0.8% during the fourth quarter. Geode Capital Management LLC now owns 14,298,845 shares of the utilities provider’s stock worth $1,256,592,000 after acquiring an additional 116,554 shares in the last quarter. Finally, JPMorgan Chase & Co. raised its holdings in Sempra Energy by 16.6% during the fourth quarter. JPMorgan Chase & Co. now owns 12,163,523 shares of the utilities provider’s stock worth $1,073,918,000 after acquiring an additional 1,735,516 shares in the last quarter. Institutional investors own 89.65% of the company’s stock.

Insider Transactions at Sempra Energy

In other news, insider Diana L. Day sold 3,300 shares of the company’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 transaction, the insider owned 22,870 shares of the company’s stock, valued at approximately $2,107,013.10. This represents a 12.61% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Dyan Z. Wold sold 1,539 shares of the company’s stock in a transaction that occurred on Monday, March 16th. The shares were sold at an average price of $95.38, for a total value of $146,789.82. Following the completion of the transaction, the chief accounting officer directly owned 4,633 shares in the company, valued at $441,895.54. The trade was a 24.94% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 8,567 shares of company stock worth $792,663 over the last three months. Company insiders own 0.31% of the company’s stock.

Sempra Energy Price Performance

NYSE:SRE opened at $91.15 on Thursday. The company has a quick ratio of 1.66, a current ratio of 1.69 and a debt-to-equity ratio of 0.78. The stock’s 50 day moving average price is $93.34 and its two-hundred day moving average price is $91.78. The firm has a market capitalization of $59.59 billion, a price-to-earnings ratio of 30.90, a P/E/G ratio of 3.44 and a beta of 0.56. Sempra Energy has a 12-month low of $73.06 and a 12-month high of $101.04.

Sempra Energy (NYSE:SRE) last posted its earnings results on Thursday, May 7th. The utilities provider reported $1.51 EPS for the quarter, meeting the consensus estimate of $1.51. Sempra Energy had a return on equity of 8.20% and a net margin of 14.31%.The company had revenue of $3.66 billion for the quarter, compared to the consensus estimate of $4.10 billion. During the same quarter in the prior year, the business earned $1.44 earnings per share. The firm’s revenue for the quarter was down 3.9% on a year-over-year basis. 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, analysts anticipate that Sempra Energy will post 5.11 earnings per share for the current year.

Sempra Energy Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Thursday, June 25th will be given a $0.6575 dividend. The ex-dividend date of this dividend is Thursday, June 25th. This represents a $2.63 annualized dividend and a dividend yield of 2.9%. Sempra Energy’s dividend payout ratio is presently 89.15%.

Wall Street Analyst Weigh In

Several analysts recently issued reports on SRE shares. Argus upgraded Sempra Energy from a “hold” rating to a “buy” rating in a report on Wednesday, March 4th. BMO Capital Markets dropped their price objective on Sempra Energy from $105.00 to $103.00 and set an “outperform” rating on the stock in a research note on Monday, May 11th. Wall Street Zen lowered Sempra Energy from a “hold” rating to a “sell” rating in a research note on Sunday, May 10th. Morgan Stanley set a $104.00 price objective on Sempra Energy and gave the company an “overweight” rating in a research note on Tuesday, April 21st. Finally, Barclays restated an “overweight” rating and issued a $105.00 price objective (up from $95.00) on shares of Sempra Energy in a research note on Wednesday, April 15th. One equities research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $102.67.

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.