Petra Financial Advisors Inc. Takes Position in Sempra Energy $SRE

Petra Financial Advisors Inc. bought a new stake in Sempra Energy (NYSE:SRE) in the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 6,032 shares of the utilities provider’s stock, valued at approximately $586,000.

Other hedge funds have also recently added to or reduced their stakes 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 last quarter. Ares Financial Consulting LLC acquired a new stake in shares of Sempra Energy in the fourth quarter valued at approximately $26,000. Clal Insurance Enterprises Holdings Ltd grew its position in shares of 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 acquiring an additional 127 shares during the last quarter. Key Financial Inc increased its holdings 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 valued at $32,000 after acquiring an additional 153 shares during the period. Finally, Annis Gardner Whiting Capital Advisors LLC increased its holdings 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 valued at $32,000 after acquiring an additional 161 shares during the period. Hedge funds and other institutional investors own 89.65% of the company’s stock.

Insiders Place Their Bets

In other news, insider Diana L. Day sold 3,300 shares of the stock in a transaction that occurred on Thursday, May 14th. The stock was sold at an average price of $92.13, for a total transaction of $304,029.00. Following the completion of the transaction, the insider directly owned 22,870 shares of the company’s stock, valued at approximately $2,107,013.10. This represents a 12.61% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Pablo Ferrero sold 2,600 shares of the firm’s stock in a transaction that occurred 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 completion of the sale, the director directly owned 15,423 shares of the company’s stock, valued at $1,380,821.19. This represents a 14.43% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 13,900 shares of company stock worth $1,261,207. Company insiders own 0.31% of the company’s stock.

Sempra Energy Stock Down 0.2%

SRE stock opened at $90.48 on Wednesday. The stock has a market capitalization of $59.15 billion, a PE ratio of 30.67, a price-to-earnings-growth ratio of 2.18 and a beta of 0.56. The company has a fifty day moving average of $91.84 and a 200-day moving average of $92.35. The company has a debt-to-equity ratio of 0.78, a quick ratio of 1.66 and a current ratio of 1.69. Sempra Energy has a one year low of $78.21 and a one year high of $101.04.

Sempra Energy (NYSE:SRE) last issued its quarterly earnings results on Thursday, May 7th. The utilities provider reported $1.51 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $1.51. The business had revenue of $3.65 billion for the quarter, compared to analyst estimates 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% compared to the same quarter last year. During the same period in the previous year, the business 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. As a group, analysts expect that Sempra Energy will post 5.12 EPS for the current year.

Sempra Energy Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, July 15th. Shareholders of record on Thursday, June 25th were given a dividend of $0.6575 per share. The ex-dividend date was Thursday, June 25th. This represents a $2.63 annualized dividend and a yield of 2.9%. Sempra Energy’s payout ratio is presently 89.15%.

Analyst Ratings Changes

SRE has been the subject of several research reports. Truist Financial set a $104.00 price target on shares of Sempra Energy and gave the company a “buy” rating in a research report on Monday, May 18th. Wells Fargo & Company reissued an “overweight” rating and set a $118.00 price objective on shares of Sempra Energy in a research report on Tuesday, April 21st. BMO Capital Markets dropped their price objective on shares of Sempra Energy from $105.00 to $103.00 and set an “outperform” rating on the stock in a research note on Monday, May 11th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Sempra Energy in a report on Friday. Finally, TD Cowen initiated coverage on shares of Sempra Energy in a research note on Wednesday, July 8th. They set a “buy” rating for the company. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and four have given 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 $104.08.

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.