Sempra Energy $SRE Shares Sold by NewEdge Wealth LLC

NewEdge Wealth LLC cut its holdings in shares of Sempra Energy (NYSE:SRE) by 18.7% during the first quarter, Holdings Channel reports. The firm owned 26,290 shares of the utilities provider’s stock after selling 6,042 shares during the quarter. NewEdge Wealth LLC’s holdings in Sempra Energy were worth $2,555,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. Empowered Funds LLC increased its stake in Sempra Energy by 52.5% during the 1st quarter. Empowered Funds LLC now owns 18,008 shares of the utilities provider’s stock worth $1,285,000 after buying an additional 6,196 shares during the period. Woodline Partners LP boosted its position in Sempra Energy by 40.7% in the 1st 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 period. Baird Financial Group Inc. boosted its position in Sempra Energy by 6.2% in the 2nd 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 period. Cary Street Partners Financial LLC grew its stake in shares of Sempra Energy by 78.5% in the second quarter. Cary Street Partners Financial LLC now owns 771 shares of the utilities provider’s stock worth $58,000 after acquiring an additional 339 shares in the last quarter. Finally, Sei Investments Co. grew its stake in shares of Sempra Energy by 80.0% in the second quarter. Sei Investments Co. now owns 423,280 shares of the utilities provider’s stock worth $32,072,000 after acquiring an additional 188,131 shares in the last quarter. Institutional investors and hedge funds own 89.65% of the company’s stock.

Sempra Energy Price Performance

SRE stock opened at $93.00 on Friday. The business has a 50 day moving average price of $91.93 and a 200 day moving average price of $92.41. 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 stock has a market cap of $60.80 billion, a price-to-earnings ratio of 31.53, a PEG ratio of 2.23 and a beta of 0.56. Sempra Energy has a fifty-two week low of $78.97 and a fifty-two week high of $101.04.

Sempra Energy (NYSE:SRE) last announced its quarterly earnings results on Thursday, May 7th. The utilities provider reported $1.51 EPS for the quarter, meeting the consensus estimate 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 for the quarter, compared to analyst estimates of $4.10 billion. During the same period in the prior year, the firm posted $1.44 earnings per share. The firm’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. Equities research analysts anticipate that Sempra Energy will post 5.12 earnings per share for the current fiscal year.

Sempra Energy Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, July 15th. Investors of record on Thursday, June 25th were given a $0.6575 dividend. This represents a $2.63 dividend on an annualized basis and a dividend yield of 2.8%. The ex-dividend date of this dividend was Thursday, June 25th. Sempra Energy’s dividend payout ratio (DPR) is 89.15%.

Insider Buying and Selling

In related news, insider Diana L. Day sold 3,300 shares of Sempra Energy stock in a transaction on Thursday, May 14th. The shares were sold at an average price of $92.13, for a total transaction of $304,029.00. Following the sale, the insider directly 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 Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Caroline Ann Winn sold 8,000 shares of the business’s stock in a transaction on Wednesday, June 17th. The shares were sold at an average price of $90.55, for a total transaction of $724,400.00. Following the completion of the sale, the executive vice president directly 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 ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 13,900 shares of company stock worth $1,261,207 in the last ninety days. 0.31% of the stock is owned by corporate insiders.

Sempra Energy News Summary

Here are the key news stories impacting Sempra Energy this week:

• Positive Sentiment: Morgan Stanley reiterated its Buy rating on Sempra Energy, reinforcing a constructive view on the utility’s outlook. Morgan Stanley Sticks to Its Buy Rating for Sempra Energy (SRE)
• Positive Sentiment: KeyCorp lifted its FY2026 EPS estimate to $5.07 and raised its FY2029 estimate to $6.46, suggesting stronger earnings power over time.
• Positive Sentiment: KeyCorp’s longer-term forecasts for FY2027 and FY2028 remain solid at $5.49 and $5.93 per share, respectively, supporting the case for gradual earnings growth.

Wall Street Analyst Weigh In

SRE has been the topic of several analyst reports. Wall Street Zen upgraded Sempra Energy from a “sell” rating to a “hold” rating in a research note on Saturday. Truist Financial set a $104.00 target price on Sempra Energy and gave the stock a “buy” rating in a research note on Monday, May 18th. Barclays cut their price target on Sempra Energy from $105.00 to $103.00 and set an “overweight” rating on the stock in a report on Thursday, July 9th. Wells Fargo & Company reaffirmed an “overweight” rating and issued a $118.00 price target on shares of Sempra Energy in a research report on Tuesday, April 21st. Finally, TD Cowen assumed coverage on Sempra Energy in a research note on Wednesday, July 8th. They issued a “buy” rating for the company. One equities research 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 company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $104.23.

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.