Hennessy Advisors Inc. Makes New Investment in Sempra Energy $SRE

Hennessy Advisors Inc. acquired a new position in Sempra Energy (NYSE:SRE) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 279,780 shares of the utilities provider’s stock, valued at approximately $25,938,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Bell Investment Advisors Inc lifted its stake 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 buying an additional 116 shares during the period. Frazier Financial Advisors LLC bought a new stake in shares of Sempra Energy in the 2nd quarter valued at $25,000. Edmond DE Rothschild Holding S.A. bought a new stake in shares of Sempra Energy in the 2nd quarter valued at $27,000. Silvant Capital Management LLC acquired a new position in shares of Sempra Energy during the 2nd quarter valued at $28,000. Finally, Clal Insurance Enterprises Holdings Ltd lifted its position in shares of Sempra Energy by 57.7% during the 4th quarter. Clal Insurance Enterprises Holdings Ltd now owns 347 shares of the utilities provider’s stock valued at $31,000 after acquiring an additional 127 shares during the period. Institutional investors own 89.65% of the company’s stock.

Sempra Energy Stock Performance

Shares of SRE opened at $84.25 on Friday. The firm has a market capitalization of $55.09 billion, a P/E ratio of 24.42, a P/E/G ratio of 2.03 and a beta of 0.57. Sempra Energy has a 52 week low of $78.97 and a 52 week high of $101.04. The stock has a 50 day moving average price of $89.67 and a two-hundred day moving average price of $92.10. The company has a debt-to-equity ratio of 0.78, a quick ratio of 1.62 and a current ratio of 1.64.

Sempra Energy (NYSE:SRE) last posted its earnings results on Thursday, August 6th. The utilities provider reported $1.16 earnings per share for the quarter, beating analysts’ consensus estimates of $1.01 by $0.15. The company had revenue of $3 billion for the quarter, compared to analyst estimates of $3.14 billion. Sempra Energy had a return on equity of 8.49% and a net margin of 16.70%.The company’s revenue for the quarter was down .1% on a year-over-year basis. During the same quarter last year, the company earned $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. Equities analysts forecast that Sempra Energy will post 5.12 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Sempra Energy news, EVP Caroline Ann Winn sold 8,000 shares of the business’s stock in a transaction dated Wednesday, June 17th. The shares were sold at an average price of $90.55, for a total value of $724,400.00. Following 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 transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 0.31% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on SRE shares. Jefferies Financial Group set a $101.00 price target on shares of Sempra Energy in a report on Thursday, July 16th. BMO Capital Markets set a $102.00 target price on Sempra Energy and gave the company an “outperform” rating in a research report on Wednesday, July 22nd. Morgan Stanley dropped their price target on Sempra Energy from $108.00 to $104.00 and set an “overweight” rating on the stock in a research note on Friday, August 21st. Weiss Ratings reiterated a “hold (c+)” rating on shares of Sempra Energy in a report on Friday, July 17th. Finally, TD Cowen initiated coverage on Sempra Energy in a report on Wednesday, July 8th. They set a “buy” rating for the company. One equities research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock 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.