EFG International AG Makes New $2.05 Million Investment in Sempra Energy $SRE

Key Points

• EFG International AG purchased 22,112 Sempra Energy shares during the second quarter, creating a new position valued at approximately $2.05 million. Institutional investors collectively own 89.65% of Sempra’s stock.
• Sempra reported quarterly earnings of $1.16 per share, exceeding analysts’ $1.01 estimate, while revenue totaled $3 billion, slightly below expectations and nearly flat year over year.
• Analysts maintain a generally positive outlook, with a “Moderate Buy” consensus rating and an average price target of $103.62, compared with the stock’s reported opening price of $85.37.

EFG International AG purchased a new position in Sempra Energy (NYSE:SRE - Free Report) in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 22,112 shares of the utilities provider's stock, valued at approximately $2,050,000.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Bell Investment Advisors Inc raised its stake 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 last quarter. Frazier Financial Advisors LLC acquired a new stake in shares of Sempra Energy during the 2nd quarter worth about $25,000. Ares Financial Consulting LLC acquired a new stake in shares of Sempra Energy during the 4th quarter worth about $26,000. Edmond DE Rothschild Holding S.A. acquired a new position in shares of Sempra Energy in the second quarter valued at approximately $27,000. Finally, Silvant Capital Management LLC acquired a new position in shares of Sempra Energy in the second quarter valued at approximately $28,000. 89.65% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other Sempra Energy news, EVP Caroline Ann Winn sold 8,000 shares of Sempra Energy stock in a transaction that occurred on 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 $2,278,600.20. The trade was a 24.12% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. 0.31% of the stock is currently owned by company insiders.

Sempra Energy Stock Performance

Shares of NYSE:SRE opened at $85.37 on Thursday. The firm has a market capitalization of $55.82 billion, a PE ratio of 24.74, a P/E/G ratio of 2.02 and a beta of 0.57. 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 business has a 50-day moving average of $89.91 and a two-hundred day moving average of $92.18. Sempra Energy has a 12 month low of $78.97 and a 12 month high of $101.04.

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 company had revenue of $3 billion for 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 quarterly revenue was down .1% compared to the same quarter last year. During the same period last year, the business posted $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. As a group, research analysts forecast that Sempra Energy will post 5.12 earnings per share for the current year.

Analysts Set New Price Targets

A number of analysts recently issued reports on SRE shares. BMO Capital Markets set a $102.00 target price on shares of Sempra Energy and gave the stock an "outperform" rating in a research report on Wednesday, July 22nd. TD Cowen initiated coverage on Sempra Energy in a report on Wednesday, July 8th. They issued a "buy" rating for the company. Barclays reduced their price target on Sempra Energy from $105.00 to $103.00 and set an "overweight" rating on the stock in a research note on Thursday, July 9th. Morgan Stanley decreased their price objective on Sempra Energy from $108.00 to $104.00 and set an "overweight" rating on the stock in a report on Friday, August 21st. Finally, Weiss Ratings reaffirmed a "hold (c+)" rating on shares of Sempra Energy in a research report on Friday, July 17th. One investment 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's stock. According to data from MarketBeat, the stock 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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