Hsbc Holdings PLC Raises Stock Position in Sempra Energy $SRE

Hsbc Holdings PLC increased its position in shares of Sempra Energy (NYSE:SRE) by 10.4% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 2,483,473 shares of the utilities provider’s stock after acquiring an additional 234,894 shares during the period. Hsbc Holdings PLC’s holdings in Sempra Energy were worth $219,295,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Mesirow Financial Investment Management Inc. boosted its holdings in Sempra Energy by 1.4% in the 3rd quarter. Mesirow Financial Investment Management Inc. now owns 8,587 shares of the utilities provider’s stock valued at $773,000 after purchasing an additional 115 shares during the period. Rosenberg Matthew Hamilton grew its position in shares of Sempra Energy by 2.3% during the 4th quarter. Rosenberg Matthew Hamilton now owns 5,191 shares of the utilities provider’s stock valued at $458,000 after purchasing an additional 116 shares in the last quarter. Advisor OS LLC increased its holdings in shares of Sempra Energy by 1.2% in the third quarter. Advisor OS LLC now owns 9,681 shares of the utilities provider’s stock worth $871,000 after purchasing an additional 118 shares during the period. Gulf International Bank UK Ltd increased its holdings in shares of Sempra Energy by 0.4% in the fourth quarter. Gulf International Bank UK Ltd now owns 35,009 shares of the utilities provider’s stock worth $3,091,000 after purchasing an additional 123 shares during the period. Finally, Silvia Mccoll Wealth Management LLC raised its position in shares of Sempra Energy by 1.4% in the fourth quarter. Silvia Mccoll Wealth Management LLC now owns 9,045 shares of the utilities provider’s stock worth $799,000 after buying an additional 124 shares in the last quarter. Institutional investors own 89.65% of the company’s stock.

Analyst Ratings Changes

SRE has been the subject of several research analyst reports. BMO Capital Markets dropped their price objective on Sempra Energy from $105.00 to $103.00 and set an “outperform” rating for the company in a research note on Monday, May 11th. Weiss Ratings restated a “hold (c+)” rating on shares of Sempra Energy in a research note on Monday, April 20th. Wall Street Zen raised Sempra Energy from a “sell” rating to a “hold” rating in a report on Saturday, June 13th. Morgan Stanley set a $104.00 price objective on Sempra Energy and gave the stock an “overweight” rating in a report on Tuesday, April 21st. Finally, Argus upgraded shares of Sempra Energy from a “hold” rating to a “buy” rating in a research report on Wednesday, March 4th. One investment 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 stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $102.67.

Insider Transactions at Sempra Energy

In other Sempra Energy news, EVP Justin Christopher Bird sold 1,128 shares of Sempra Energy stock in a transaction that occurred on Wednesday, April 1st. The shares were sold at an average price of $96.69, for a total transaction of $109,066.32. Following the transaction, the executive vice president directly owned 21,632 shares of the company’s stock, valued at approximately $2,091,598.08. This trade represents a 4.96% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, insider Diana L. Day sold 3,300 shares of the business’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 transaction of $304,029.00. Following the completion of the sale, the insider owned 22,870 shares of the company’s stock, valued at approximately $2,107,013.10. The trade was a 12.61% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders have sold 15,028 shares of company stock worth $1,370,273. 0.31% of the stock is owned by corporate insiders.

Sempra Energy Stock Down 0.1%

SRE opened at $90.62 on Friday. The stock has a market cap of $59.24 billion, a PE ratio of 30.72, a P/E/G ratio of 2.18 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 52 week low of $73.18 and a 52 week high of $101.04. The business’s fifty day simple moving average is $92.36 and its 200 day simple moving average is $91.68.

Sempra Energy (NYSE:SRE) last issued its quarterly earnings results on Thursday, May 7th. The utilities provider reported $1.51 earnings per share (EPS) for the quarter, hitting the consensus estimate of $1.51. Sempra Energy had a return on equity of 8.20% and a net margin of 14.31%.The firm had revenue of $3.65 billion during the quarter, compared to analyst estimates of $4.10 billion. During the same quarter in the previous year, the company posted $1.44 earnings per share. The company’s revenue 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. As a group, research analysts expect that Sempra Energy will post 5.11 earnings per share for the current fiscal year.

Sempra Energy Announces Dividend

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

Sempra Energy 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.