Wedbush Securities Inc. Invests $1.53 Million in Sempra Energy $SRE

Wedbush Securities Inc. acquired a new position in shares of Sempra Energy (NYSE:SRE) in the second quarter, HoldingsChannel.com reports. The firm acquired 16,554 shares of the utilities provider’s stock, valued at approximately $1,535,000.

Several other hedge funds also recently modified their holdings of SRE. Creative Capital Management Investments LLC boosted its stake in shares of Sempra Energy by 12.1% during the 1st quarter. Creative Capital Management Investments LLC now owns 1,040 shares of the utilities provider’s stock worth $101,000 after acquiring an additional 112 shares during the period. Bell Investment Advisors Inc raised its stake in Sempra Energy by 79.5% in the 1st quarter. Bell Investment Advisors Inc now owns 262 shares of the utilities provider’s stock valued at $25,000 after acquiring an additional 116 shares during the period. Gulf International Bank UK Ltd lifted its holdings in Sempra Energy by 0.4% during the 4th quarter. Gulf International Bank UK Ltd now owns 35,009 shares of the utilities provider’s stock valued at $3,091,000 after purchasing an additional 123 shares during the last quarter. Rothschild Investment LLC lifted its holdings in Sempra Energy by 3.5% during the 4th quarter. Rothschild Investment LLC now owns 3,666 shares of the utilities provider’s stock valued at $324,000 after purchasing an additional 124 shares during the last quarter. Finally, Clal Insurance Enterprises Holdings Ltd boosted its position in Sempra Energy by 57.7% during the fourth 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. Institutional investors own 89.65% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts recently commented on SRE shares. Jefferies Financial Group set a $101.00 price target on shares of Sempra Energy in a research note on Thursday, July 16th. Mizuho restated a “neutral” rating and set a $84.00 price objective (down from $104.00) on shares of Sempra Energy in a research report on Monday. Weiss Ratings restated a “hold (c+)” rating on shares of Sempra Energy in a report on Friday, July 17th. Truist Financial set a $100.00 target price on Sempra Energy and gave the company a “buy” rating in a research report on Thursday, August 13th. Finally, BMO Capital Markets set a $102.00 target price on Sempra Energy and gave the stock an “outperform” rating in a research note on Wednesday, July 22nd. One research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $102.92.

Sempra Energy Stock Performance

Shares of Sempra Energy stock opened at $81.70 on Tuesday. The company has a current ratio of 1.64, a quick ratio of 1.62 and a debt-to-equity ratio of 0.78. The company has a market cap of $53.42 billion, a PE ratio of 23.68, a price-to-earnings-growth ratio of 2.03 and a beta of 0.57. The company has a 50 day moving average of $89.47 and a 200-day moving average of $92.08. Sempra Energy has a 1-year low of $78.97 and a 1-year high of $101.04.

Sempra Energy (NYSE:SRE) last announced its quarterly earnings data on Thursday, August 6th. The utilities provider reported $1.16 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.01 by $0.15. Sempra Energy had a net margin of 16.70% and a return on equity of 8.49%. The business had revenue of $3 billion for the quarter, compared to analysts’ expectations of $3.14 billion. During the same period last year, the firm posted $0.89 earnings per share. The firm’s quarterly revenue was down .1% 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 4.800-5.300 EPS. As a group, equities research analysts forecast that Sempra Energy will post 5.12 earnings per share for the current fiscal year.

Insider Activity

In other news, EVP Caroline Ann Winn sold 8,000 shares of Sempra Energy 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 transaction, the executive vice president owned 25,164 shares in the company, valued at approximately $2,278,600.20. This trade represents a 24.12% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 0.31% of the company’s stock.

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.