Shelton Wealth Management LLC Invests $775,000 in Sempra Energy $SRE

Shelton Wealth Management LLC bought a new stake in Sempra Energy (NYSE:SRE) in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 7,979 shares of the utilities provider’s stock, valued at approximately $775,000.

Several other hedge funds also recently made changes to their positions in SRE. Bell Investment Advisors Inc lifted its position in Sempra Energy by 79.5% during 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. Ares Financial Consulting LLC purchased a new stake in shares of Sempra Energy in the 4th quarter worth about $26,000. Clal Insurance Enterprises Holdings Ltd grew its position in shares of Sempra Energy by 57.7% in the 4th quarter. Clal Insurance Enterprises Holdings Ltd now owns 347 shares of the utilities provider’s stock worth $31,000 after buying an additional 127 shares during the period. Annis Gardner Whiting Capital Advisors LLC increased its stake in shares of Sempra Energy by 83.0% in the 4th quarter. Annis Gardner Whiting Capital Advisors LLC now owns 355 shares of the utilities provider’s stock worth $32,000 after acquiring an additional 161 shares in the last quarter. Finally, Key Financial Inc increased its stake in shares of Sempra Energy by 73.6% in the 4th quarter. Key Financial Inc now owns 361 shares of the utilities provider’s stock worth $32,000 after acquiring an additional 153 shares in the last quarter. 89.65% of the stock is currently owned by institutional investors.

Sempra Energy Stock Up 2.1%

Sempra Energy stock traded up $1.96 during trading hours on Tuesday, hitting $94.91. The stock had a trading volume of 366,865 shares, compared to its average volume of 3,814,503. The company has a quick ratio of 1.66, a current ratio of 1.69 and a debt-to-equity ratio of 0.78. The stock has a market capitalization of $62.04 billion, a P/E ratio of 32.23, a price-to-earnings-growth ratio of 2.24 and a beta of 0.56. Sempra Energy has a 12-month low of $73.18 and a 12-month high of $101.04. The stock’s 50-day moving average price is $91.82 and its 200-day moving average price is $91.92.

Sempra Energy (NYSE:SRE) last issued its 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. The firm had revenue of $3.65 billion for the quarter, compared to the consensus estimate of $4.10 billion. Sempra Energy had a net margin of 14.31% and a return on equity of 8.20%. The business’s revenue was down 3.9% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.44 earnings per share. 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. Equities research analysts anticipate that Sempra Energy will post 5.11 EPS for the current fiscal year.

Sempra Energy Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, July 15th. Shareholders of record on Thursday, June 25th will be issued a $0.6575 dividend. The ex-dividend date of this dividend is Thursday, June 25th. This represents a $2.63 dividend on an annualized basis and a dividend yield of 2.8%. Sempra Energy’s dividend payout ratio (DPR) is presently 89.15%.

Insider Transactions at Sempra Energy

In other news, EVP Caroline Ann Winn sold 8,000 shares of the business’s stock in a transaction 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 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 document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Pablo Ferrero sold 2,600 shares of the stock in a transaction on Monday, May 18th. The shares were sold at an average price of $89.53, for a total value of $232,778.00. Following the sale, the director directly owned 15,423 shares in the company, valued at $1,380,821.19. This trade represents a 14.43% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 13,900 shares of company stock worth $1,261,207 over the last quarter. 0.31% of the stock is currently owned by insiders.

Analysts Set New Price Targets

Several research firms recently commented on SRE. JPMorgan Chase & Co. boosted their price objective on shares of Sempra Energy from $98.00 to $106.00 and gave the stock an “overweight” rating in a research note on Wednesday, March 18th. Barclays reissued an “overweight” rating and issued a $105.00 price target (up from $95.00) on shares of Sempra Energy in a research report on Wednesday, April 15th. Morgan Stanley restated an “overweight” rating and issued a $105.00 price target on shares of Sempra Energy in a research note on Wednesday, June 24th. Wells Fargo & Company reaffirmed an “overweight” rating and set a $118.00 price objective on shares of Sempra Energy in a research report on Tuesday, April 21st. Finally, Weiss Ratings reiterated a “hold (c+)” rating on shares of Sempra Energy in a research note on Monday, April 20th. One analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat.com, Sempra Energy presently has a consensus rating of “Moderate Buy” and a consensus target price of $102.75.

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.