Strs Ohio Lowers Stake in Sempra Energy $SRE

Strs Ohio lessened its stake in shares of Sempra Energy (NYSE:SRE) by 3.4% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 246,302 shares of the utilities provider’s stock after selling 8,621 shares during the quarter. Strs Ohio’s holdings in Sempra Energy were worth $23,933,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Empowered Funds LLC boosted its position in Sempra Energy by 52.5% during the first quarter. Empowered Funds LLC now owns 18,008 shares of the utilities provider’s stock valued at $1,285,000 after purchasing an additional 6,196 shares in the last quarter. Woodline Partners LP lifted its position in shares of Sempra Energy by 40.7% during the first quarter. Woodline Partners LP now owns 53,512 shares of the utilities provider’s stock valued at $3,819,000 after buying an additional 15,474 shares during the last quarter. Baird Financial Group Inc. lifted its position in shares of Sempra Energy by 6.2% during the second quarter. Baird Financial Group Inc. now owns 14,699 shares of the utilities provider’s stock valued at $1,114,000 after buying an additional 858 shares during the last quarter. Cary Street Partners Financial LLC boosted its holdings in shares of Sempra Energy by 78.5% in the 2nd quarter. Cary Street Partners Financial LLC now owns 771 shares of the utilities provider’s stock valued at $58,000 after buying an additional 339 shares in the last quarter. Finally, Sei Investments Co. boosted its holdings in shares of Sempra Energy by 80.0% in the 2nd quarter. Sei Investments Co. now owns 423,280 shares of the utilities provider’s stock valued at $32,072,000 after buying an additional 188,131 shares in the last quarter. 89.65% of the stock is currently owned by hedge funds and other institutional investors.

Sempra Energy Stock Performance

Shares of Sempra Energy stock opened at $93.01 on Friday. The firm has a market capitalization of $60.80 billion, a P/E ratio of 31.53, a PEG ratio of 2.24 and a beta of 0.56. 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 company has a 50 day moving average price of $91.82 and a 200 day moving average price of $91.90. Sempra Energy has a 52 week low of $73.18 and a 52 week high of $101.04.

Sempra Energy (NYSE:SRE) last released its earnings results on Thursday, May 7th. The utilities provider reported $1.51 EPS for the quarter, hitting analysts’ consensus estimates of $1.51. The company had revenue of $3.65 billion during the quarter, compared to analysts’ expectations of $4.10 billion. Sempra Energy had a net margin of 14.31% and a return on equity of 8.20%. Sempra Energy’s revenue for the quarter was down 3.9% on a year-over-year basis. During the same period last year, the business earned $1.44 EPS. 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. Sell-side analysts expect that Sempra Energy will post 5.11 EPS for the current year.

Sempra Energy Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Thursday, June 25th will be paid a dividend of $0.6575 per share. This represents a $2.63 annualized dividend and a dividend yield of 2.8%. The ex-dividend date is Thursday, June 25th. Sempra Energy’s payout ratio is presently 89.15%.

Analyst Ratings Changes

Several research analysts recently commented on SRE shares. BMO Capital Markets reduced their price objective on shares of Sempra Energy from $105.00 to $103.00 and set an “outperform” rating for the company in a research note on Monday, May 11th. Morgan Stanley restated an “overweight” rating and issued a $105.00 target price on shares of Sempra Energy in a research note on Wednesday, June 24th. Wall Street Zen lowered shares of Sempra Energy from a “hold” rating to a “sell” rating in a report on Saturday. Wells Fargo & Company reaffirmed an “overweight” rating and set a $118.00 price target 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 report on Monday, April 20th. One research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $102.75.

Insider Transactions at Sempra Energy

In related news, insider Diana L. Day sold 3,300 shares of the firm’s stock in a transaction on Thursday, May 14th. The stock was sold at an average price of $92.13, for a total value of $304,029.00. Following the completion of the transaction, the insider owned 22,870 shares in the company, valued at $2,107,013.10. This trade represents a 12.61% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Caroline Ann Winn sold 8,000 shares of the firm’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 of the company’s stock, valued at $2,278,600.20. This trade represents a 24.12% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 13,900 shares of company stock worth $1,261,207. Company insiders own 0.31% of the company’s stock.

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.