California State Teachers Retirement System Purchases 91,524,727 Shares of Sempra Energy $SRE

California State Teachers Retirement System lifted its holdings in Sempra Energy (NYSE:SRE) by 11,081.4% during the second quarter, Holdings Channel.com reports. The institutional investor owned 92,350,656 shares of the utilities provider’s stock after acquiring an additional 91,524,727 shares during the quarter. California State Teachers Retirement System owned about 0.14% of Sempra Energy worth $8,561,829,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently modified their holdings of the company. Bell Investment Advisors Inc lifted its holdings in Sempra Energy by 79.5% during the first quarter. Bell Investment Advisors Inc now owns 262 shares of the utilities provider’s stock worth $25,000 after acquiring an additional 116 shares during the period. Frazier Financial Advisors LLC purchased a new stake in shares of Sempra Energy during the 2nd quarter valued at $25,000. Edmond DE Rothschild Holding S.A. purchased a new stake in shares of Sempra Energy during the 2nd quarter valued at $27,000. Silvant Capital Management LLC bought a new stake in shares of Sempra Energy during the 2nd quarter worth $28,000. Finally, Clal Insurance Enterprises Holdings Ltd boosted its holdings in shares of Sempra Energy by 57.7% in the 4th quarter. Clal Insurance Enterprises Holdings Ltd now owns 347 shares of the utilities provider’s stock worth $31,000 after buying an additional 127 shares during the last quarter. 89.65% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of analysts recently issued reports on SRE shares. Weiss Ratings restated a “hold (c+)” rating on shares of Sempra Energy in a report on Friday, July 17th. Wall Street Zen upgraded shares of Sempra Energy from a “sell” rating to a “hold” rating in a research note on Saturday, July 25th. TD Cowen initiated coverage on shares of Sempra Energy in a research report on Wednesday, July 8th. They set a “buy” rating for the company. Mizuho restated a “neutral” rating and set a $84.00 price target (down from $104.00) on shares of Sempra Energy in a research note on Monday, August 31st. Finally, BMO Capital Markets set a $102.00 price target on shares of Sempra Energy and gave the stock an “outperform” rating in a report on Wednesday, July 22nd. One research 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 stock. Based on data from MarketBeat.com, Sempra Energy presently has an average rating of “Moderate Buy” and an average target price of $102.00.

Insiders Place Their Bets

In related news, EVP Caroline 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 value of $724,400.00. Following the completion of the transaction, the executive vice president directly owned 25,164 shares in the company, valued at approximately $2,278,600.20. The trade was a 24.12% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 0.31% of the company’s stock.

Sempra Energy Trading Up 1.9%

Shares of SRE opened at $85.65 on Wednesday. Sempra Energy has a fifty-two week low of $79.15 and a fifty-two week high of $101.04. The business has a 50-day moving average of $88.40 and a 200 day moving average of $91.71. The firm has a market cap of $56.01 billion, a P/E ratio of 24.83, a price-to-earnings-growth ratio of 2.32 and a beta of 0.55. The company has a debt-to-equity ratio of 0.78, a quick ratio of 1.62 and a current ratio of 1.64.

Sempra Energy (NYSE:SRE) last issued its earnings results on Thursday, August 6th. The utilities provider reported $1.16 earnings per share for the quarter, topping analysts’ consensus estimates of $1.01 by $0.15. The firm had revenue of $3 billion during the quarter, compared to analyst estimates of $3.14 billion. Sempra Energy had a net margin of 16.70% and a return on equity of 8.49%. The company’s quarterly revenue was down .1% on a year-over-year basis. During the same quarter last year, the business earned $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. As a group, research analysts forecast that Sempra Energy will post 5.12 EPS for the current year.

Sempra Energy Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, October 15th. Investors of record on Thursday, September 24th will be issued a $0.6575 dividend. The ex-dividend date of this dividend is Thursday, September 24th. This represents a $2.63 annualized dividend and a yield of 3.1%. Sempra Energy’s dividend payout ratio (DPR) is 76.23%.

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.