Kentucky Retirement Systems Trims Stock Position in Sempra Energy $SRE

Kentucky Retirement Systems trimmed its stake in shares of Sempra Energy (NYSE:SRE) by 54.2% in the first quarter, Holdings Channel reports. The fund owned 18,766 shares of the utilities provider’s stock after selling 22,218 shares during the period. Kentucky Retirement Systems’ holdings in Sempra Energy were worth $1,684,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Bell Investment Advisors Inc raised its stake in shares of Sempra Energy by 79.5% during the first quarter. Bell Investment Advisors Inc now owns 262 shares of the utilities provider’s stock worth $25,000 after purchasing an additional 116 shares during the last quarter. Ares Financial Consulting LLC acquired a new stake in shares of Sempra Energy during the fourth quarter worth $26,000. Clal Insurance Enterprises Holdings Ltd grew its position in Sempra Energy by 57.7% in the 4th quarter. Clal Insurance Enterprises Holdings Ltd now owns 347 shares of the utilities provider’s stock valued at $31,000 after buying an additional 127 shares during the last quarter. Annis Gardner Whiting Capital Advisors LLC increased its stake in 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 buying an additional 161 shares during the period. Finally, Key Financial Inc increased its stake in 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 buying an additional 153 shares during the period. 89.65% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at Sempra Energy

In other Sempra Energy news, Director Pablo Ferrero sold 2,600 shares of the business’s stock in a transaction on Monday, May 18th. The stock was sold at an average price of $89.53, for a total transaction of $232,778.00. Following the sale, the director directly owned 15,423 shares in the company, valued at approximately $1,380,821.19. The trade was a 14.43% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, 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 sale, the executive vice president owned 25,164 shares in the company, valued at approximately $2,278,600.20. The trade was a 24.12% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 13,900 shares of company stock valued at $1,261,207 in the last ninety days. Corporate insiders own 0.31% of the company’s stock.

Sempra Energy Stock Down 1.0%

SRE stock opened at $88.71 on Friday. The company has a current ratio of 1.69, a quick ratio of 1.66 and a debt-to-equity ratio of 0.78. The company’s 50-day moving average price is $91.77 and its 200 day moving average price is $92.49. Sempra Energy has a 52 week low of $78.97 and a 52 week high of $101.04. The company has a market cap of $57.99 billion, a P/E ratio of 30.07, a P/E/G ratio of 2.15 and a beta of 0.56.

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, meeting analysts’ consensus estimates of $1.51. Sempra Energy had a net margin of 14.31% and a return on equity of 8.20%. 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 company posted $1.44 earnings per share. The firm’s quarterly revenue was down 3.9% compared to the same quarter last year. 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, research analysts expect that Sempra Energy will post 5.12 earnings per share for the current fiscal year.

Sempra Energy Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, July 15th. Investors of record on Thursday, June 25th were issued a $0.6575 dividend. The ex-dividend date was Thursday, June 25th. This represents a $2.63 dividend on an annualized basis and a dividend yield of 3.0%. Sempra Energy’s dividend payout ratio is currently 89.15%.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on SRE shares. BMO Capital Markets set a $102.00 price objective on shares of Sempra Energy and gave the stock an “outperform” rating in a research report on Wednesday, July 22nd. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Sempra Energy in a report on Friday, July 17th. Morgan Stanley reiterated an “overweight” rating and set a $108.00 price target on shares of Sempra Energy in a research note on Wednesday, July 22nd. Wall Street Zen raised shares of Sempra Energy from a “sell” rating to a “hold” rating in a report on Saturday, July 25th. Finally, Barclays reduced their price objective on shares of Sempra Energy from $105.00 to $103.00 and set an “overweight” rating for the company in a research report on Thursday, July 9th. One investment analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat.com, Sempra Energy has an average rating of “Moderate Buy” and a consensus price target of $104.23.

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.