Callan Family Office LLC Invests $2.02 Million in Sempra Energy $SRE

Callan Family Office LLC bought a new stake in shares of Sempra Energy (NYSE:SRE - Free Report) in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor bought 21,823 shares of the utilities provider's stock, valued at approximately $2,023,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Bell Investment Advisors Inc raised its stake in Sempra Energy by 79.5% during 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 bought a new position in Sempra Energy during the second quarter valued at $25,000. Ares Financial Consulting LLC purchased a new position in shares of Sempra Energy in the 4th quarter worth $26,000. Edmond DE Rothschild Holding S.A. purchased a new position in shares of Sempra Energy in the 2nd quarter worth $27,000. Finally, Silvant Capital Management LLC bought a new stake in shares of Sempra Energy in the 2nd quarter worth about $28,000. 89.65% of the stock is owned by hedge funds and other institutional investors.

Sempra Energy Trading Down 5.2%

SRE stock opened at $82.87 on Friday. The company has a quick ratio of 1.62, a current ratio of 1.64 and a debt-to-equity ratio of 0.78. Sempra Energy has a twelve month low of $78.97 and a twelve month high of $101.04. The stock has a market capitalization of $54.19 billion, a price-to-earnings ratio of 24.02, a price-to-earnings-growth ratio of 1.99 and a beta of 0.57. The firm's fifty day simple moving average is $90.31 and its two-hundred day simple moving average is $92.18.

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 for the quarter, beating the consensus estimate of $1.01 by $0.15. Sempra Energy had a net margin of 16.70% and a return on equity of 8.49%. The business had revenue of $3 billion for the quarter, compared to the consensus estimate of $3.14 billion. During the same quarter in the prior year, the firm posted $0.89 earnings per share. The business's revenue for the quarter was down .1% on a year-over-year basis. 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 anticipate that Sempra Energy will post 5.12 earnings per share for the current year.

Insiders Place Their Bets

In related news, EVP Caroline Ann Winn sold 8,000 shares of the stock in a transaction dated Wednesday, June 17th. The shares were sold at an average price of $90.55, for a total value of $724,400.00. Following the sale, the executive vice president directly owned 25,164 shares of the company's stock, valued at $2,278,600.20. This represents a 24.12% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.31% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

Several analysts have recently issued reports on SRE shares. Truist Financial set a $100.00 target price on shares of Sempra Energy and gave the company a "buy" rating in a research report on Thursday, August 13th. Jefferies Financial Group set a $101.00 price target on Sempra Energy in a research report on Thursday, July 16th. Weiss Ratings reissued a "hold (c+)" rating on shares of Sempra Energy in a research note on Friday, July 17th. BMO Capital Markets set a $102.00 price objective on Sempra Energy and gave the company an "outperform" rating in a research report on Wednesday, July 22nd. Finally, Wall Street Zen upgraded Sempra Energy from a "sell" rating to a "hold" rating in a research report on Saturday, July 25th. One equities research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and four have given a Hold rating to the stock. According to MarketBeat, Sempra Energy has a consensus rating of "Moderate Buy" and an average price target of $103.62.

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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