791,520 Shares in Sempra Energy $SRE Acquired by Kayne Anderson Capital Advisors LP

Kayne Anderson Capital Advisors LP bought a new position in Sempra Energy (NYSE:SREFree Report) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 791,520 shares of the utilities provider’s stock, valued at approximately $73,382,000. Sempra Energy accounts for about 1.4% of Kayne Anderson Capital Advisors LP’s holdings, making the stock its 17th biggest position. Kayne Anderson Capital Advisors LP owned 0.12% of Sempra Energy as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also added to or reduced their stakes in the company. Silvant Capital Management LLC bought a new position in shares of Sempra Energy during the second quarter valued at about $28,000. Portfolio Design Labs LLC bought a new stake in shares of Sempra Energy in the second quarter worth about $500,000. Ninepoint Partners LP purchased a new position in Sempra Energy during the 2nd quarter valued at about $1,424,000. Advisors Capital Management LLC purchased a new position in Sempra Energy during the 2nd quarter valued at about $229,000. Finally, MJP Associates Inc. ADV bought a new position in Sempra Energy during the 2nd quarter valued at approximately $502,000. Institutional investors own 89.65% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have weighed in on SRE shares. BMO Capital Markets set a $102.00 price objective on Sempra Energy and gave the stock an “outperform” rating in a report on Wednesday, July 22nd. Barclays reduced their target price on Sempra Energy from $105.00 to $103.00 and set an “overweight” rating on the stock in a research note on Thursday, July 9th. Truist Financial set a $100.00 target price on Sempra Energy and gave the company a “buy” rating in a report on Thursday, August 13th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Sempra Energy in a report on Friday, July 17th. Finally, TD Cowen assumed coverage on shares of Sempra Energy in a research report on Wednesday, July 8th. They set a “buy” rating on the stock. 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. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $103.92.

Get Our Latest Analysis on Sempra Energy

Sempra Energy Stock Up 2.2%

Shares of NYSE:SRE opened at $87.44 on Friday. The stock has a fifty day simple moving average of $90.50 and a two-hundred day simple moving average of $92.25. The stock has a market capitalization of $57.18 billion, a price-to-earnings ratio of 25.35, a PEG ratio of 2.06 and a beta of 0.57. Sempra Energy has a 12-month low of $78.97 and a 12-month high of $101.04. The company has a current ratio of 1.64, a quick ratio of 1.62 and a debt-to-equity ratio of 0.78.

Sempra Energy (NYSE:SREGet Free Report) last released its earnings results on Thursday, August 6th. The utilities provider reported $1.16 EPS for the quarter, topping analysts’ consensus estimates of $1.01 by $0.15. Sempra Energy had a return on equity of 8.49% and a net margin of 16.70%.The firm had revenue of $3 billion for the quarter, compared to analysts’ expectations of $3.14 billion. During the same period in the prior year, the firm posted $0.89 earnings per share. The company’s quarterly revenue was down .1% 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 4.800-5.300 EPS. On average, research analysts anticipate that Sempra Energy will post 5.12 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Sempra Energy news, EVP Caroline Ann Winn sold 8,000 shares of the firm’s stock in a transaction dated 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 in the company, valued at approximately $2,278,600.20. This trade represents a 24.12% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 0.31% of the company’s stock.

Sempra Energy Company Profile

(Free Report)

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.

See Also

Institutional Ownership by Quarter for Sempra Energy (NYSE:SRE)

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