Van Hulzen Asset Management LLC Purchases New Position in Sempra Energy $SRE

Van Hulzen Asset Management LLC purchased a new position in Sempra Energy (NYSE:SRE) in the second quarter, Holdings Channel reports. The fund purchased 10,550 shares of the utilities provider’s stock, valued at approximately $978,000.

Other large investors also recently bought and sold shares of the company. Empowered Funds LLC increased its position in shares of Sempra Energy by 52.5% in the first quarter. Empowered Funds LLC now owns 18,008 shares of the utilities provider’s stock valued at $1,285,000 after buying an additional 6,196 shares in the last quarter. Woodline Partners LP raised its stake in shares of Sempra Energy by 40.7% during the 1st quarter. Woodline Partners LP now owns 53,512 shares of the utilities provider’s stock worth $3,819,000 after buying an additional 15,474 shares during the period. Baird Financial Group Inc. lifted its position in shares of Sempra Energy by 6.2% during 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 in the last quarter. Cary Street Partners Financial LLC lifted its position in shares of Sempra Energy by 78.5% during the 2nd quarter. Cary Street Partners Financial LLC now owns 771 shares of the utilities provider’s stock valued at $58,000 after buying an additional 339 shares in the last quarter. Finally, Sei Investments Co. lifted its position in shares of Sempra Energy by 80.0% during the 2nd quarter. Sei Investments Co. now owns 423,280 shares of the utilities provider’s stock valued at $32,072,000 after buying an additional 188,131 shares in the last quarter. Institutional investors and hedge funds own 89.65% of the company’s stock.

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 that occurred 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 transaction, the executive vice president directly owned 25,164 shares of the company’s stock, valued at $2,278,600.20. This trade represents a 24.12% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders own 0.31% of the company’s stock.

Sempra Energy Price Performance

Shares of NYSE SRE opened at $84.57 on Tuesday. The firm has a 50-day simple moving average of $90.17 and a 200-day simple moving average of $92.21. The stock has a market capitalization of $55.30 billion, a price-to-earnings ratio of 24.51, a price-to-earnings-growth ratio of 1.99 and a beta of 0.57. The company has a quick ratio of 1.62, a current ratio of 1.64 and a debt-to-equity ratio of 0.78. Sempra Energy has a 52 week low of $78.97 and a 52 week high of $101.04.

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

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on SRE shares. Wall Street Zen raised shares of Sempra Energy from a “sell” rating to a “hold” rating in a report on Saturday, July 25th. Barclays cut their target price on shares of Sempra Energy from $105.00 to $103.00 and set an “overweight” rating for the company in a research note on Thursday, July 9th. Jefferies Financial Group set a $101.00 price target on shares of Sempra Energy in a research note on Thursday, July 16th. Morgan Stanley cut their price objective on Sempra Energy from $108.00 to $104.00 and set an “overweight” rating for the company in a research note on Friday. Finally, TD Cowen began coverage on Sempra Energy in a report on Wednesday, July 8th. They set a “buy” rating for the company. One equities research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat.com, Sempra Energy currently has a consensus rating of “Moderate Buy” and a consensus price target of $103.62.

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.