52,159 Shares in Sempra Energy $SRE Purchased by Empowered Funds LLC

Empowered Funds LLC bought a new stake in Sempra Energy (NYSE:SRE) in the second quarter, Holdings Channel reports. The fund bought 52,159 shares of the utilities provider’s stock, valued at approximately $4,836,000.

Several other large investors have also recently bought and sold shares of the stock. Bell Investment Advisors Inc lifted its stake in shares of Sempra Energy by 79.5% in the 1st quarter. Bell Investment Advisors Inc now owns 262 shares of the utilities provider’s stock worth $25,000 after acquiring an additional 116 shares during the period. Frazier Financial Advisors LLC acquired a new position in shares of Sempra Energy during the second quarter valued at approximately $25,000. Edmond DE Rothschild Holding S.A. bought a new stake in Sempra Energy during the second quarter worth approximately $27,000. Silvant Capital Management LLC bought a new stake in Sempra Energy during the second quarter worth approximately $28,000. Finally, Clal Insurance Enterprises Holdings Ltd raised its holdings in Sempra Energy by 57.7% during the fourth quarter. Clal Insurance Enterprises Holdings Ltd now owns 347 shares of the utilities provider’s stock worth $31,000 after purchasing an additional 127 shares in the last quarter. Institutional investors and hedge funds own 89.65% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on SRE shares. Truist Financial set a $100.00 price target on Sempra Energy and gave the company a “buy” rating in a research note on Thursday, August 13th. Mizuho reissued a “neutral” rating and issued a $84.00 price objective (down from $104.00) on shares of Sempra Energy in a research note on Monday. Morgan Stanley dropped their price objective 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. Wall Street Zen upgraded Sempra Energy from a “sell” rating to a “hold” rating in a report on Saturday, July 25th. Finally, Jefferies Financial Group set a $101.00 target price on Sempra Energy in a research note on Thursday, July 16th. One analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and five have given a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $102.92.

Sempra Energy Stock Down 3.1%

NYSE SRE opened at $81.70 on Tuesday. Sempra Energy has a 12 month low of $78.97 and a 12 month high of $101.04. The company has a market capitalization of $53.42 billion, a P/E ratio of 23.68, a PEG ratio of 2.03 and a beta of 0.57. The company’s 50 day simple moving average is $89.47 and its 200 day simple moving average is $92.08. 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 (NYSE:SRE) last issued its earnings results on Thursday, August 6th. The utilities provider reported $1.16 earnings per share for the quarter, topping analysts’ consensus estimates of $1.01 by $0.15. The firm had revenue of $3 billion during the quarter, compared to analysts’ expectations 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 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. Equities research analysts expect that Sempra Energy will post 5.12 earnings per share for the current fiscal year.

Insider Activity at Sempra Energy

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

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.