Nippon Life Global Investors Americas Inc. Purchases Shares of 170,700 Sempra Energy $SRE

Nippon Life Global Investors Americas Inc. acquired a new stake in Sempra Energy (NYSE:SRE) during the 2nd quarter, Holdings Channel reports. The firm acquired 170,700 shares of the utilities provider’s stock, valued at approximately $15,927,000.

A number of other hedge funds have also recently made changes to their positions in SRE. Bell Investment Advisors Inc raised its stake in Sempra Energy by 79.5% during the 1st quarter. Bell Investment Advisors Inc now owns 262 shares of the utilities provider’s stock valued at $25,000 after purchasing an additional 116 shares during the period. Ares Financial Consulting LLC bought a new position in Sempra Energy in the 4th quarter worth approximately $26,000. Clal Insurance Enterprises Holdings Ltd boosted its stake 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 worth $31,000 after purchasing an additional 127 shares during the period. Key Financial Inc grew its holdings in Sempra Energy by 73.6% during 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 in the last quarter. Finally, Annis Gardner Whiting Capital Advisors LLC grew its holdings in Sempra Energy by 83.0% during 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 in the last quarter. Institutional investors own 89.65% of the company’s stock.

Insider Activity

In related news, EVP Caroline Ann Winn sold 8,000 shares of the stock in a transaction dated Wednesday, June 17th. The shares were 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 of the company’s stock, valued at approximately $2,278,600.20. This trade 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. Corporate insiders own 0.31% of the company’s stock.

Sempra Energy Trading Up 0.0%

SRE stock opened at $86.44 on Monday. The firm has a fifty day moving average price of $90.83 and a 200 day moving average price of $92.27. Sempra Energy has a fifty-two week low of $78.97 and a fifty-two week high of $101.04. The company has a debt-to-equity ratio of 0.78, a quick ratio of 1.62 and a current ratio of 1.64. The firm has a market cap of $56.52 billion, a PE ratio of 25.06, a price-to-earnings-growth ratio of 2.08 and a beta of 0.57.

Sempra Energy (NYSE:SRE) last announced its quarterly earnings results on Thursday, August 6th. The utilities provider reported $1.16 earnings per share for the quarter, topping the consensus estimate of $1.01 by $0.15. Sempra Energy had a net margin of 16.70% and a return on equity of 8.49%. The company had revenue of $3 billion for the quarter, compared to analysts’ expectations of $3.14 billion. During the same quarter in the previous year, the business posted $0.89 earnings per share. Sempra Energy’s quarterly revenue was down .1% 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 4.800-5.300 EPS. Sell-side analysts anticipate that Sempra Energy will post 5.12 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on SRE shares. TD Cowen initiated coverage on shares of Sempra Energy in a report on Wednesday, July 8th. They issued a “buy” rating on the stock. Barclays cut their target price on shares of Sempra Energy from $105.00 to $103.00 and set an “overweight” rating for the company in a research note on Thursday, July 9th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Sempra Energy in a report on Friday, July 17th. Jefferies Financial Group set a $101.00 price target on shares of Sempra Energy in a research note on Thursday, July 16th. Finally, Morgan Stanley reissued an “overweight” rating and set a $108.00 price objective on shares of Sempra Energy in a report on Wednesday, July 22nd. 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’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $103.92.

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.