300,454 Shares in Sempra Energy $SRE Bought by Asset Management One Co. Ltd.

Key Points

• Asset Management One acquired 300,454 Sempra Energy shares in the third quarter, worth approximately $23.4 million. Institutional investors collectively own 89.65% of the company.
• Sempra reported quarterly EPS of $1.16, beating analysts’ $1.01 estimate, while revenue of $3 billion fell slightly short of forecasts. The company pays a quarterly dividend of $0.6575, yielding about 3.1% annually.
• Analysts maintain a generally positive outlook, with 14 Buy ratings and five Holds, producing a “Moderate Buy” consensus and an average price target of $100.53 versus the reported share price of $85.92.

Asset Management One Co. Ltd. bought a new position in shares of Sempra Energy (NYSE:SRE - Free Report) in the third quarter, according to the company in its most recent filing with the SEC. The firm bought 300,454 shares of the utilities provider's stock, valued at approximately $23,423,000.

Several other institutional investors have also recently bought and sold shares of the business. Bell Investment Advisors Inc bought a new position in Sempra Energy in the second quarter valued at about $25,000. Frazier Financial Advisors LLC acquired a new stake in shares of Sempra Energy in the 2nd quarter valued at approximately $25,000. Anchor Investment Management LLC bought a new position in shares of Sempra Energy during the second quarter worth $26,000. Edmond DE Rothschild Holding S.A. acquired a new position in Sempra Energy in the second quarter valued at about $27,000. Finally, Silvant Capital Management LLC acquired a new position in shares of Sempra Energy in the 2nd quarter valued at approximately $28,000. Institutional investors own 89.65% of the company's stock.

Sempra Energy Stock Performance

Shares of Sempra Energy stock opened at $85.92 on Friday. The company has a 50 day moving average of $82.25 and a 200-day moving average of $89.45. The company has a market cap of $56.18 billion, a PE ratio of 16.73, a price-to-earnings-growth ratio of 2.33 and a beta of 0.55. Sempra Energy has a 1-year low of $76.21 and a 1-year 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:SRE - Get Free Report) last issued its quarterly earnings results on Thursday, August 6th. The utilities provider reported $1.16 earnings per share (EPS) for the quarter, beating 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 analyst estimates of $3.14 billion. During the same quarter last year, the company posted $0.89 EPS. The company'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. As a group, equities research analysts forecast that Sempra Energy will post 5.13 earnings per share for the current fiscal year.

Sempra Energy Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, October 15th. Shareholders of record on Thursday, September 24th were given a $0.6575 dividend. This represents a $2.63 annualized dividend and a yield of 3.1%. The ex-dividend date was Thursday, September 24th. Sempra Energy's dividend payout ratio is 76.23%.

Analysts Set New Price Targets

A number of research firms recently issued reports on SRE. The Goldman Sachs Group increased their price objective on Sempra Energy from $109.00 to $110.00 and gave the stock a "buy" rating in a report on Monday, August 10th. LADENBURG THALM/SH SH dropped their price objective on Sempra Energy from $98.00 to $89.50 and set a "buy" rating on the stock in a research note on Tuesday, September 22nd. BTIG Research set a $100.00 price target on Sempra Energy in a research note on Tuesday, October 20th. Morgan Stanley cut their price target on Sempra Energy from $104.00 to $100.00 and set an "overweight" rating for the company in a report on Friday, September 18th. Finally, JPMorgan Chase & Co. reduced their price objective on shares of Sempra Energy from $102.00 to $99.00 and set an "overweight" rating for the company in a research report on Monday, October 12th. Fourteen analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company's stock. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $100.53.

About Sempra Energy

Sempra is an energy infrastructure company headquartered in San Diego, California. Through its regulated utility businesses, the company provides natural gas and electric service to customers in California, including through Southern California Gas Company and San Diego Gas & Electric Company.

Sempra also develops, owns, and operates energy infrastructure in North America. Its activities include natural gas pipelines and storage, liquefied natural gas infrastructure, renewable energy and battery storage projects, and electric transmission and distribution assets.

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