Bank of New York Mellon Corp Has $490.30 Million Holdings in Sempra Energy $SRE

Bank of New York Mellon Corp trimmed its holdings in shares of Sempra Energy (NYSE:SRE) by 0.3% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 5,045,825 shares of the utilities provider’s stock after selling 12,925 shares during the quarter. Bank of New York Mellon Corp’s holdings in Sempra Energy were worth $490,303,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also bought and sold shares of SRE. Peak Financial Advisors LLC raised its position in shares of Sempra Energy by 190.1% in the fourth quarter. Peak Financial Advisors LLC now owns 26,552 shares of the utilities provider’s stock valued at $2,344,000 after buying an additional 17,400 shares in the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. boosted its stake in shares of Sempra Energy by 4.9% in the fourth quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 1,590,698 shares of the utilities provider’s stock valued at $142,702,000 after buying an additional 74,749 shares during the period. Tounjian Advisory Partners LLC acquired a new stake in Sempra Energy during the fourth quarter worth approximately $1,375,000. IFP Advisors Inc grew its position in Sempra Energy by 682.3% during the third quarter. IFP Advisors Inc now owns 19,205 shares of the utilities provider’s stock worth $1,769,000 after buying an additional 16,750 shares in the last quarter. Finally, Dakota Wealth Management increased its stake in Sempra Energy by 15.0% during the 4th quarter. Dakota Wealth Management now owns 110,614 shares of the utilities provider’s stock worth $9,771,000 after acquiring an additional 14,421 shares during the period. Institutional investors and hedge funds own 89.65% of the company’s stock.

Insider Transactions at Sempra Energy

In related news, EVP Caroline Ann Winn sold 8,000 shares of Sempra Energy stock in a transaction that occurred 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 sale, the executive vice president directly owned 25,164 shares of the company’s stock, 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 SEC, which is available through this hyperlink. Also, insider Diana L. Day sold 3,300 shares of the company’s stock in a transaction that occurred on Thursday, May 14th. The stock was sold at an average price of $92.13, for a total transaction of $304,029.00. Following the transaction, the insider owned 22,870 shares of the company’s stock, valued at approximately $2,107,013.10. This represents a 12.61% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders sold 13,900 shares of company stock valued at $1,261,207. 0.31% of the stock is currently owned by insiders.

Sempra Energy Trading Up 0.4%

Shares of SRE opened at $93.14 on Friday. The company has a debt-to-equity ratio of 0.78, a quick ratio of 1.66 and a current ratio of 1.69. Sempra Energy has a 52-week low of $74.82 and a 52-week high of $101.04. The firm has a market cap of $60.89 billion, a price-to-earnings ratio of 31.57, a PEG ratio of 2.23 and a beta of 0.56. The business’s fifty day moving average is $91.92 and its 200-day moving average is $92.30.

Sempra Energy (NYSE:SRE) last announced its quarterly earnings data on Thursday, May 7th. The utilities provider reported $1.51 earnings per share for the quarter, hitting the consensus estimate of $1.51. The business had revenue of $3.65 billion during the quarter, compared to the consensus estimate of $4.10 billion. Sempra Energy had a return on equity of 8.20% and a net margin of 14.31%.Sempra Energy’s revenue for the quarter was down 3.9% on a year-over-year basis. During the same period in the prior year, the company 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. Equities analysts anticipate that Sempra Energy will post 5.12 EPS for the current fiscal year.

Sempra Energy Announces Dividend

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

Analyst Upgrades and Downgrades

SRE has been the subject of several analyst reports. Truist Financial set a $104.00 price objective on Sempra Energy and gave the company a “buy” rating in a report on Monday, May 18th. Wall Street Zen lowered Sempra Energy from a “hold” rating to a “sell” rating in a report on Saturday, July 4th. TD Cowen initiated coverage on Sempra Energy in a research report on Wednesday, July 8th. They issued a “buy” rating on the stock. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Sempra Energy in a research report on Monday, April 20th. Finally, Barclays cut their price objective on shares of Sempra Energy from $105.00 to $103.00 and set an “overweight” rating for the company in a research report on Thursday, July 9th. One investment 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. Based on data from MarketBeat.com, Sempra Energy presently has an average rating of “Moderate Buy” and an average target price of $104.08.

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.