EFG International AG Purchases New Position in Sempra Energy $SRE

EFG International AG acquired a new stake in Sempra Energy (NYSE:SRE) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 22,112 shares of the utilities provider’s stock, valued at approximately $2,050,000.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Ancora Advisors LLC purchased a new stake in shares of Sempra Energy in the second quarter worth about $33,000. Canada Pension Plan Investment Board purchased a new stake in shares of Sempra Energy during the 2nd quarter valued at about $39,818,000. Legal & General Group Plc purchased a new stake in shares of Sempra Energy during the 2nd quarter valued at about $538,775,000. The Manufacturers Life Insurance Company acquired a new position in Sempra Energy during the 2nd quarter worth approximately $84,949,000. Finally, Van Hulzen Asset Management LLC acquired a new position in Sempra Energy during the 2nd quarter worth approximately $978,000. Institutional investors and hedge funds own 89.65% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have weighed in on the company. Truist Financial set a $100.00 price target on Sempra Energy and gave the stock a “buy” rating in a report on Thursday, August 13th. Jefferies Financial Group set a $101.00 target price on shares of Sempra Energy in a research report on Thursday, July 16th. Wall Street Zen upgraded shares of Sempra Energy from a “sell” rating to a “hold” rating in a research note on Saturday, July 25th. Morgan Stanley lowered their price target on shares of Sempra Energy from $108.00 to $104.00 and set an “overweight” rating for the company in a report on Friday, August 21st. Finally, TD Cowen initiated coverage on shares of Sempra Energy in a research note on Wednesday, July 8th. They set a “buy” rating on the stock. One 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 stock. According to data from MarketBeat.com, Sempra Energy presently has a consensus rating of “Moderate Buy” and an average target price of $103.62.

Sempra Energy Trading Up 1.6%

Shares of SRE opened at $85.37 on Thursday. Sempra Energy has a one year low of $78.97 and a one year high of $101.04. The stock has a 50-day moving average price of $89.91 and a 200 day moving average price of $92.18. The company has a debt-to-equity ratio of 0.78, a quick ratio of 1.62 and a current ratio of 1.64. The company has a market capitalization of $55.82 billion, a P/E ratio of 24.74, a P/E/G ratio of 2.02 and a beta of 0.57.

Sempra Energy (NYSE:SRE) last posted its quarterly earnings data on Thursday, August 6th. The utilities provider reported $1.16 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.01 by $0.15. Sempra Energy had a return on equity of 8.49% and a net margin of 16.70%.The company had revenue of $3 billion for the quarter, compared to the consensus estimate of $3.14 billion. During the same period in the previous year, the business earned $0.89 EPS. Sempra Energy’s revenue for the quarter 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. Sell-side analysts forecast that Sempra Energy will post 5.12 EPS for the current fiscal year.

Insider Activity

In related news, EVP Caroline Ann Winn sold 8,000 shares of Sempra Energy 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 completion of 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 ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 0.31% of the company’s stock.

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.