17,951 Shares in Sempra Energy $SRE Acquired by Meiji Yasuda Life Insurance Co

Key Points

• Meiji Yasuda Life Insurance acquired 17,951 shares of Sempra Energy worth approximately $1.66 million. Institutional investors collectively own 89.65% of Sempra’s outstanding shares.
• Analysts maintain a generally positive outlook, with a consensus rating of “Moderate Buy” and an average price target of $103.62, despite several recent target-price reductions.
• Sempra’s latest quarterly earnings beat expectations, reporting adjusted EPS of $1.16 versus the $1.01 consensus estimate, while revenue of $3 billion fell slightly short of forecasts.

Meiji Yasuda Life Insurance Co acquired a new stake in Sempra Energy (NYSE:SRE - Free Report) during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 17,951 shares of the utilities provider's stock, valued at approximately $1,664,000.

Other institutional investors have also added to or reduced their stakes in the company. Creative Capital Management Investments LLC raised its stake in shares of Sempra Energy by 12.1% in the first quarter. Creative Capital Management Investments LLC now owns 1,040 shares of the utilities provider's stock worth $101,000 after purchasing an additional 112 shares during the last quarter. Bell Investment Advisors Inc increased its holdings in Sempra Energy by 79.5% in the 1st quarter. Bell Investment Advisors Inc now owns 262 shares of the utilities provider's stock worth $25,000 after buying an additional 116 shares in the last quarter. Gulf International Bank UK Ltd increased its holdings in Sempra Energy by 0.4% in the 4th quarter. Gulf International Bank UK Ltd now owns 35,009 shares of the utilities provider's stock worth $3,091,000 after buying an additional 123 shares in the last quarter. Rothschild Investment LLC raised its position in Sempra Energy by 3.5% in the 4th quarter. Rothschild Investment LLC now owns 3,666 shares of the utilities provider's stock worth $324,000 after buying an additional 124 shares during the last quarter. Finally, Clal Insurance Enterprises Holdings Ltd raised its position in 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 currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

SRE has been the topic of several research analyst reports. Wall Street Zen upgraded shares of Sempra Energy from a "sell" rating to a "hold" rating in a research note on Saturday, July 25th. Jefferies Financial Group set a $101.00 price target on shares of Sempra Energy in a research note on Thursday, July 16th. Truist Financial set a $100.00 price objective on shares of Sempra Energy and gave the company a "buy" rating in a report on Thursday, August 13th. Barclays lowered their price objective on shares of Sempra Energy from $105.00 to $103.00 and set an "overweight" rating on the stock in a research report on Thursday, July 9th. Finally, Morgan Stanley dropped their target price on shares of Sempra Energy from $108.00 to $104.00 and set an "overweight" rating on the stock in a report on Friday, August 21st. One 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. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus price target of $103.62.

Insider Activity

In related 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 owned 25,164 shares of the company's stock, valued at approximately $2,278,600.20. This trade represents a 24.12% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Insiders own 0.31% of the company's stock.

Sempra Energy Stock Down 0.6%

SRE stock opened at $84.25 on Friday. Sempra Energy has a fifty-two week low of $78.97 and a fifty-two week high of $101.04. The business's 50-day moving average is $89.67 and its two-hundred day moving average is $92.10. 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 cap of $55.09 billion, a price-to-earnings ratio of 24.42, a P/E/G ratio of 2.03 and a beta of 0.57.

Sempra Energy (NYSE:SRE - Get Free Report) last announced its earnings results 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. The business had revenue of $3 billion for the quarter, compared to analysts' expectations of $3.14 billion. Sempra Energy had a return on equity of 8.49% and a net margin of 16.70%.The business'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. As a group, analysts forecast that Sempra Energy will post 5.12 earnings per share for the current year.

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.

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