Allworth Financial LP Makes New Investment in Sempra Energy $SRE

Key Points

• Allworth Financial LP acquired 18,169 shares of Sempra Energy in the second quarter, valued at approximately $1.68 million. Institutional investors collectively own 89.65% of Sempra’s outstanding stock.
• Analysts maintain a generally positive outlook, with a consensus rating of “Moderate Buy” and an average price target of $103.62. Recent targets range from $101 to $103, while TD Cowen initiated coverage with a Buy rating.
• Sempra shares opened at $82.87, down 5.2%, despite the company reporting quarterly EPS of $1.16—beating estimates of $1.01—on revenue of $3 billion, slightly below expectations.

Allworth Financial LP acquired a new position in shares of Sempra Energy (NYSE:SRE - Free Report) in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 18,169 shares of the utilities provider's stock, valued at approximately $1,684,000.

Other institutional investors also recently modified their holdings of the company. Bell Investment Advisors Inc increased its holdings in shares of Sempra Energy by 79.5% in the first quarter. Bell Investment Advisors Inc now owns 262 shares of the utilities provider's stock valued at $25,000 after purchasing an additional 116 shares in the last quarter. Frazier Financial Advisors LLC acquired a new position in Sempra Energy during the 2nd quarter worth $25,000. Edmond DE Rothschild Holding S.A. bought a new position in Sempra Energy in the 2nd quarter valued at $27,000. Ares Financial Consulting LLC acquired a new stake in shares of Sempra Energy in the 4th quarter valued at $26,000. Finally, Silvant Capital Management LLC acquired a new stake in shares of Sempra Energy in the 2nd quarter valued at $28,000. Institutional investors own 89.65% of the company's stock.

Insider Activity at Sempra Energy

In related news, EVP Caroline Ann Winn sold 8,000 shares of the firm's stock in a transaction dated Wednesday, June 17th. The shares were sold at an average price of $90.55, for a total transaction of $724,400.00. Following the transaction, the executive vice president directly 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 legal filing with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 0.31% of the company's stock.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on the company. BMO Capital Markets set a $102.00 price target on Sempra Energy and gave the company an "outperform" rating in a research note on Wednesday, July 22nd. TD Cowen began coverage on shares of Sempra Energy in a research report on Wednesday, July 8th. They set a "buy" rating on the stock. Jefferies Financial Group set a $101.00 target price on shares of Sempra Energy in a research note on Thursday, July 16th. Barclays lowered their price target on shares of Sempra Energy from $105.00 to $103.00 and set an "overweight" rating for the company in a research report on Thursday, July 9th. Finally, Wall Street Zen raised shares of Sempra Energy from a "sell" rating to a "hold" rating in a research note on Saturday, July 25th. One analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and four have assigned a Hold rating to the company's stock. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus price target of $103.62.

Sempra Energy Stock Down 5.2%

SRE stock opened at $82.87 on Friday. Sempra Energy has a 1-year low of $78.97 and a 1-year high of $101.04. The business's 50 day simple moving average is $90.31 and its 200 day simple moving average is $92.18. The company has a current ratio of 1.64, a quick ratio of 1.62 and a debt-to-equity ratio of 0.78. The firm has a market capitalization of $54.19 billion, a PE ratio of 24.02, a PEG ratio of 2.10 and a beta of 0.57.

Sempra Energy (NYSE:SRE - Get Free Report) last released its quarterly earnings data on Thursday, August 6th. The utilities provider reported $1.16 EPS 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 analysts' expectations 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% compared to the same quarter last year. During the same period in the previous year, the business 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, research analysts anticipate that Sempra Energy will post 5.12 EPS for the current year.

About Sempra Energy

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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