Bank OZK Takes Position in Sempra Energy $SRE

Key Points

• Bank OZK purchased 18,182 shares of Sempra Energy during the second quarter, valued at approximately $1.69 million. Institutional investors and hedge funds collectively own 89.65% of Sempra’s stock.
• Sempra reported quarterly earnings of $1.16 per share, beating estimates of $1.01, though revenue of $3 billion fell short of expectations and declined slightly year over year.
• Analysts maintain a generally positive outlook, with a consensus rating of “Moderate Buy” and an average price target of $103.62 versus the stock’s reported price of $84.75.

Bank OZK purchased a new position in shares of Sempra Energy (NYSE:SRE - Free Report) during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor purchased 18,182 shares of the utilities provider's stock, valued at approximately $1,686,000.

Other large investors also recently made changes to their positions in the company. Bell Investment Advisors Inc grew its position in Sempra Energy by 79.5% in the 1st 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 during the period. Frazier Financial Advisors LLC purchased a new position in shares of Sempra Energy in the 2nd quarter worth approximately $25,000. Ares Financial Consulting LLC purchased a new position in Sempra Energy in the fourth quarter worth $26,000. Edmond DE Rothschild Holding S.A. bought a new position in Sempra Energy during the second quarter valued at about $27,000. Finally, Silvant Capital Management LLC purchased a new stake in shares of Sempra Energy during the 2nd quarter worth approximately $28,000. 89.65% of the stock is currently owned by institutional investors and hedge funds.

Sempra Energy Price Performance

SRE stock opened at $84.75 on Friday. 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 firm has a 50 day moving average price of $89.80 and a 200-day moving average price of $92.16. Sempra Energy has a 52-week low of $78.97 and a 52-week high of $101.04. The firm has a market capitalization of $55.42 billion, a price-to-earnings ratio of 24.57, a PEG ratio of 2.05 and a beta of 0.57.

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 for the quarter, beating the consensus estimate of $1.01 by $0.15. The firm had revenue of $3 billion during the quarter, compared to the consensus estimate of $3.14 billion. Sempra Energy had a return on equity of 8.49% and a net margin of 16.70%.The company's revenue was down .1% on a year-over-year basis. During the same period last year, the company 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. Equities research analysts forecast that Sempra Energy will post 5.12 EPS for the current fiscal year.

Insider Activity at Sempra Energy

In other news, EVP Caroline Ann Winn sold 8,000 shares of the business's stock in a transaction on Wednesday, June 17th. The stock was 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 owned 25,164 shares in the company, valued at $2,278,600.20. The trade was a 24.12% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Insiders own 0.31% of the company's stock.

Analysts Set New Price Targets

Several research firms have commented on SRE. BMO Capital Markets set a $102.00 price objective on shares of Sempra Energy and gave the company an "outperform" rating in a report on Wednesday, July 22nd. Weiss Ratings reissued a "hold (c+)" rating on shares of Sempra Energy in a report on Friday, July 17th. Truist Financial set a $100.00 price target on Sempra Energy and gave the company a "buy" rating in a research report on Thursday, August 13th. 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 research note on Friday, August 21st. Finally, Wall Street Zen raised Sempra Energy from a "sell" rating to a "hold" rating in a research note on Saturday, July 25th. One equities 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 company. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and an average price target of $103.62.

Sempra Energy 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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