Hilltop Holdings Inc. Has $417,000 Stake in Sempra Energy $SRE

Hilltop Holdings Inc. lowered its holdings in Sempra Energy (NYSE:SRE) by 89.9% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,295 shares of the utilities provider’s stock after selling 38,161 shares during the period. Hilltop Holdings Inc.’s holdings in Sempra Energy were worth $417,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Modern Wealth Management LLC bought a new stake in Sempra Energy during the 1st quarter worth about $260,000. Arrowstreet Capital Limited Partnership acquired a new position in Sempra Energy during the first quarter valued at approximately $57,043,000. Caxton Associates LLP acquired a new position in Sempra Energy during the first quarter valued at approximately $351,000. Bank of Nova Scotia grew its stake in Sempra Energy by 166.1% in the first quarter. Bank of Nova Scotia now owns 772,584 shares of the utilities provider’s stock valued at $75,072,000 after purchasing an additional 482,198 shares in the last quarter. Finally, Sei Investments Co. grew its stake in Sempra Energy by 5.3% in the first quarter. Sei Investments Co. now owns 484,646 shares of the utilities provider’s stock valued at $47,092,000 after purchasing an additional 24,533 shares in the last quarter. 89.65% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on SRE. Morgan Stanley reaffirmed an “overweight” rating and set a $108.00 price target on shares of Sempra Energy in a research report on Wednesday, July 22nd. BMO Capital Markets set a $102.00 target price on shares of Sempra Energy and gave the company an “outperform” rating in a research note on Wednesday, July 22nd. Weiss Ratings restated a “hold (c+)” rating on shares of Sempra Energy in a report on Friday, July 17th. TD Cowen began coverage on shares of Sempra Energy in a research report on Wednesday, July 8th. They set a “buy” rating on the stock. Finally, Jefferies Financial Group set a $101.00 price target on shares of Sempra Energy in a research note on Thursday, July 16th. One 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. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $104.23.

Sempra Energy Price Performance

Shares of NYSE SRE opened at $91.20 on Tuesday. 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 business’s 50 day moving average price is $91.95 and its two-hundred day moving average price is $92.47. The company has a market cap of $59.62 billion, a PE ratio of 30.92, a price-to-earnings-growth ratio of 2.23 and a beta of 0.56. Sempra Energy has a twelve month low of $78.97 and a twelve month high of $101.04.

Sempra Energy (NYSE:SRE) last released its quarterly earnings data on Thursday, May 7th. The utilities provider reported $1.51 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $1.51. Sempra Energy had a return on equity of 8.20% and a net margin of 14.31%.The company had revenue of $3.65 billion during the quarter, compared to analysts’ expectations of $4.10 billion. During the same period last year, the firm posted $1.44 earnings per share. The business’s revenue was down 3.9% on a year-over-year basis. 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. On average, analysts predict that Sempra Energy will post 5.12 EPS for the current year.

Sempra Energy Dividend Announcement

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

Insider Buying and Selling at Sempra Energy

In other Sempra Energy news, EVP Caroline Ann Winn sold 8,000 shares of the company’s stock in a transaction on 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 document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Diana L. Day sold 3,300 shares of the stock in a transaction dated Thursday, May 14th. The shares were 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 in the company, valued at $2,107,013.10. The trade was a 12.61% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 13,900 shares of company stock valued at $1,261,207 in the last quarter. 0.31% of the stock is currently owned by insiders.

About Sempra Energy

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.