Corient Private Wealth LP Makes New $45.52 Million Investment in Sempra Energy $SRE

Corient Private Wealth LP bought a new stake in Sempra Energy (NYSE:SRE) in the second quarter, HoldingsChannel.com reports. The institutional investor bought 491,010 shares of the utilities provider’s stock, valued at approximately $45,522,000.

Other institutional investors have also modified their holdings of the company. Bell Investment Advisors Inc grew its holdings in Sempra Energy by 79.5% in the first quarter. Bell Investment Advisors Inc now owns 262 shares of the utilities provider’s stock valued at $25,000 after purchasing an additional 116 shares during the last quarter. Frazier Financial Advisors LLC purchased a new stake in shares of Sempra Energy in the second quarter valued at about $25,000. Ares Financial Consulting LLC purchased a new position in shares of Sempra Energy during the 4th quarter worth approximately $26,000. Edmond DE Rothschild Holding S.A. purchased a new stake in Sempra Energy in the 2nd quarter valued at approximately $27,000. Finally, Silvant Capital Management LLC purchased a new position in Sempra Energy during the second quarter worth $28,000. Hedge funds and other institutional investors own 89.65% of the company’s stock.

Insider Activity at Sempra Energy

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 stock was sold at an average price of $90.55, for a total value of $724,400.00. Following the completion of the transaction, the executive vice president directly owned 25,164 shares in the company, valued at $2,278,600.20. The trade was a 24.12% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Company insiders own 0.31% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have issued reports on SRE. TD Cowen initiated coverage on shares of Sempra Energy in a report on Wednesday, July 8th. They issued a “buy” rating on the stock. Barclays decreased their price target on Sempra Energy from $105.00 to $103.00 and set an “overweight” rating on the stock in a research note on Thursday, July 9th. Truist Financial set a $100.00 price target on shares of Sempra Energy and gave the stock a “buy” rating in a research report on Thursday, August 13th. Morgan Stanley cut their target price on Sempra Energy from $108.00 to $104.00 and set an “overweight” rating on the stock in a research report on Friday, August 21st. Finally, Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Sempra Energy in a research note on Friday, July 17th. One investment 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. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $103.62.

Sempra Energy Stock Down 0.6%

Shares of Sempra Energy stock opened at $84.75 on Friday. The company has a debt-to-equity ratio of 0.78, a current ratio of 1.64 and a quick ratio of 1.62. Sempra Energy has a 1-year low of $78.97 and a 1-year high of $101.04. The business has a 50-day moving average of $89.80 and a 200-day moving average of $92.16. The company has a market capitalization of $55.42 billion, a PE ratio of 24.57, a P/E/G ratio of 2.05 and a beta of 0.57.

Sempra Energy (NYSE:SRE) last announced its quarterly earnings data on Thursday, August 6th. The utilities provider reported $1.16 earnings per share for the quarter, topping the consensus estimate of $1.01 by $0.15. The company had revenue of $3 billion during the quarter, compared to analyst estimates of $3.14 billion. Sempra Energy had a net margin of 16.70% and a return on equity of 8.49%. The firm’s revenue for the quarter was down .1% compared to the same quarter last year. During the same period last year, the business earned $0.89 EPS. 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. As a group, equities analysts forecast that Sempra Energy will post 5.12 EPS for the current fiscal year.

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.