Benjamin Edwards Inc. Buys Shares of 29,545 Sempra Energy $SRE

Benjamin Edwards Inc. purchased a new position in shares of Sempra Energy (NYSE:SRE - Free Report) during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 29,545 shares of the utilities provider's stock, valued at approximately $2,740,000.

Several other hedge funds have also made changes to their positions in the business. Bell Investment Advisors Inc boosted 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 buying an additional 116 shares during the period. Frazier Financial Advisors LLC purchased a new stake in shares of Sempra Energy during the second quarter worth $25,000. Edmond DE Rothschild Holding S.A. purchased a new stake in shares of Sempra Energy during the second quarter worth $27,000. Silvant Capital Management LLC purchased a new stake in shares of Sempra Energy during the second quarter worth $28,000. Finally, Clal Insurance Enterprises Holdings Ltd raised its stake in shares of Sempra Energy by 57.7% in the fourth quarter. Clal Insurance Enterprises Holdings Ltd now owns 347 shares of the utilities provider's stock valued at $31,000 after acquiring an additional 127 shares in the last quarter. Institutional investors and hedge funds own 89.65% of the company's stock.

Analyst Ratings Changes

SRE has been the subject of a number of recent research reports. Weiss Ratings reiterated a "hold (c+)" rating on shares of Sempra Energy in a report on Friday, July 17th. Jefferies Financial Group set a $101.00 price target on Sempra Energy in a report on Thursday, July 16th. Wall Street Zen raised Sempra Energy from a "sell" rating to a "hold" rating in a research report on Saturday, July 25th. Barclays decreased their price objective on Sempra Energy from $105.00 to $103.00 and set an "overweight" rating for the company in a research note on Thursday, July 9th. Finally, Morgan Stanley lowered their price objective on Sempra Energy from $108.00 to $104.00 and set an "overweight" rating for the company in a research report on Friday, August 21st. One equities research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and five have assigned a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus target price of $102.92.

Sempra Energy Stock Performance

NYSE:SRE opened at $81.70 on Tuesday. Sempra Energy has a 12 month low of $78.97 and a 12 month high of $101.04. The company has a debt-to-equity ratio of 0.78, a current ratio of 1.64 and a quick ratio of 1.62. The firm has a market capitalization of $53.42 billion, a PE ratio of 23.68, a price-to-earnings-growth ratio of 2.03 and a beta of 0.57. The business's fifty day moving average price is $89.47 and its 200 day moving average price is $92.08.

Sempra Energy (NYSE:SRE - Get Free Report) last announced its quarterly earnings results on Thursday, August 6th. The utilities provider reported $1.16 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.01 by $0.15. The company 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%.Sempra Energy's revenue for the quarter was down .1% on a year-over-year basis. During the same period in the previous year, the business earned $0.89 EPS. 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. On average, sell-side analysts anticipate that Sempra Energy will post 5.12 earnings per share for the current fiscal year.

Insider Transactions at Sempra Energy

In other Sempra Energy news, EVP Caroline Ann Winn sold 8,000 shares of the 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 directly owned 25,164 shares in the company, valued at $2,278,600.20. This represents a 24.12% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.31% of the stock is owned by company insiders.

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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