Caisse de depot et placement du Quebec Invests $155.82 Million in Sempra Energy $SRE

Caisse de depot et placement du Quebec acquired a new stake in shares of Sempra Energy (NYSE:SRE) during the second quarter, HoldingsChannel.com reports. The fund acquired 1,680,726 shares of the utilities provider’s stock, valued at approximately $155,820,000.

Other institutional investors have also made changes to their positions in the company. Bell Investment Advisors Inc boosted its position in 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 period. Frazier Financial Advisors LLC acquired a new stake in shares of Sempra Energy in the second quarter worth $25,000. Ares Financial Consulting LLC bought a new stake in shares of Sempra Energy during the 4th quarter worth $26,000. Edmond DE Rothschild Holding S.A. acquired a new position in Sempra Energy in the 2nd quarter valued at $27,000. Finally, Silvant Capital Management LLC bought a new position in Sempra Energy in the 2nd quarter worth $28,000. 89.65% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on the stock. Morgan Stanley cut their target price on shares of Sempra Energy from $108.00 to $104.00 and set an “overweight” rating for the company in a research report on Friday, August 21st. Jefferies Financial Group set a $101.00 target price on Sempra Energy in a report on Thursday, July 16th. Truist Financial set a $100.00 price objective on Sempra Energy and gave the company a “buy” rating in a research report on Thursday, August 13th. Barclays decreased their price target on shares of Sempra Energy from $105.00 to $103.00 and set an “overweight” rating on the stock in a research report on Thursday, July 9th. Finally, BMO Capital Markets set a $102.00 target price on Sempra Energy and gave the stock an “outperform” rating in a research report on Wednesday, July 22nd. One research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $103.62.

Insider Activity at Sempra Energy

In other news, 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 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 position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 0.31% of the company’s stock.

Sempra Energy Price Performance

Shares of Sempra Energy stock opened at $85.37 on Thursday. The firm has a market cap of $55.82 billion, a P/E ratio of 24.74, a price-to-earnings-growth ratio of 2.02 and a beta of 0.57. The firm’s 50-day simple moving average is $89.91 and its 200-day simple moving average is $92.18. Sempra Energy has a twelve month low of $78.97 and a twelve month 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.

Sempra Energy (NYSE:SRE) last posted its earnings results on Thursday, August 6th. The utilities provider reported $1.16 EPS for the quarter, topping the consensus estimate of $1.01 by $0.15. The business had revenue of $3 billion during the quarter, compared to the consensus estimate of $3.14 billion. Sempra Energy had a return on equity of 8.49% and a net margin of 16.70%.Sempra Energy’s revenue was down .1% on a year-over-year basis. During the same quarter last year, the company earned $0.89 EPS. 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. As a group, research analysts expect that Sempra Energy will post 5.12 EPS for the current fiscal year.

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.