Vise Technologies Inc. Makes New Investment in Sempra Energy $SRE

Vise Technologies Inc. bought a new stake in Sempra Energy (NYSE:SRE) in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 8,869 shares of the utilities provider’s stock, valued at approximately $822,000.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Carnegie Investment Counsel boosted its position in Sempra Energy by 15.5% during the first quarter. Carnegie Investment Counsel now owns 167,391 shares of the utilities provider’s stock worth $16,265,000 after purchasing an additional 22,408 shares in the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. increased its position in shares of Sempra Energy by 4.9% in the fourth quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 1,590,698 shares of the utilities provider’s stock valued at $142,702,000 after buying an additional 74,749 shares in the last quarter. Dockside LLC acquired a new position in shares of Sempra Energy during the 4th quarter worth $3,938,000. Magellan Asset Management Ltd increased its holdings in Sempra Energy by 4.2% during the 1st quarter. Magellan Asset Management Ltd now owns 2,258,369 shares of the utilities provider’s stock valued at $219,446,000 after acquiring an additional 91,519 shares in the last quarter. Finally, Fideuram Intesa Sanpaolo Private Banking S.P.A. acquired a new position in Sempra Energy during the fourth quarter worth about $3,289,000. 89.65% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Sempra Energy news, EVP Caroline Ann Winn sold 8,000 shares of Sempra Energy stock in a transaction that occurred on Wednesday, June 17th. The shares were sold at an average price of $90.55, for a total value of $724,400.00. Following the completion of the sale, the executive vice president directly owned 25,164 shares of the company’s stock, valued at approximately $2,278,600.20. The trade was a 24.12% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 0.31% of the company’s stock.

Sempra Energy Price Performance

NYSE:SRE opened at $82.87 on Monday. Sempra Energy has a 12-month low of $78.97 and a 12-month high of $101.04. The firm has a market cap of $54.19 billion, a price-to-earnings ratio of 24.02, a price-to-earnings-growth ratio of 1.99 and a beta of 0.57. The company’s 50-day moving average is $90.31 and its two-hundred day moving average is $92.23. The company has a current ratio of 1.64, a quick ratio of 1.62 and a debt-to-equity ratio of 0.78.

Sempra Energy (NYSE:SRE) last issued its quarterly earnings results on Thursday, August 6th. The utilities provider reported $1.16 EPS for the quarter, topping analysts’ consensus estimates of $1.01 by $0.15. The business had revenue of $3 billion during the quarter, compared to the consensus estimate of $3.14 billion. Sempra Energy had a net margin of 16.70% and a return on equity of 8.49%. The company’s quarterly revenue was down .1% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.89 earnings per share. Sempra Energy has set its FY 2027 guidance at 5.100-5.700 EPS and its FY 2026 guidance at 4.800-5.300 EPS. Research analysts expect that Sempra Energy will post 5.12 EPS for the current year.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on the stock. Barclays reduced their price target on shares of Sempra Energy from $105.00 to $103.00 and set an “overweight” rating on the stock in a report on Thursday, July 9th. BMO Capital Markets set a $102.00 price objective on shares of Sempra Energy and gave the stock an “outperform” rating in a research note on Wednesday, July 22nd. TD Cowen assumed coverage on Sempra Energy in a research report on Wednesday, July 8th. They set a “buy” rating for the company. Jefferies Financial Group set a $101.00 target price on Sempra Energy in a research note on Thursday, July 16th. Finally, Truist Financial set a $100.00 target price on Sempra Energy and gave the company a “buy” rating in a report on Thursday, August 13th. One 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. Based on data from MarketBeat, Sempra Energy currently has a consensus rating of “Moderate Buy” and a consensus target price of $103.62.

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.