Energy Income Partners LLC Buys Shares of 1,370,004 Sempra Energy $SRE

Energy Income Partners LLC purchased a new position in Sempra Energy (NYSE:SRE - Free Report) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 1,370,004 shares of the utilities provider's stock, valued at approximately $127,013,000. Sempra Energy accounts for about 2.0% of Energy Income Partners LLC's portfolio, making the stock its 13th largest position. Energy Income Partners LLC owned 0.21% of Sempra Energy as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of SRE. Bell Investment Advisors Inc grew its position in shares of Sempra Energy by 79.5% during the 1st quarter. Bell Investment Advisors Inc now owns 262 shares of the utilities provider's stock valued at $25,000 after acquiring an additional 116 shares during the period. Ares Financial Consulting LLC bought a new position in Sempra Energy in the 4th quarter worth $26,000. Clal Insurance Enterprises Holdings Ltd lifted its position in Sempra Energy by 57.7% during the fourth quarter. Clal Insurance Enterprises Holdings Ltd now owns 347 shares of the utilities provider's stock valued at $31,000 after purchasing an additional 127 shares in the last quarter. Key Financial Inc lifted its position in Sempra Energy by 73.6% during the fourth quarter. Key Financial Inc now owns 361 shares of the utilities provider's stock valued at $32,000 after purchasing an additional 153 shares in the last quarter. Finally, Annis Gardner Whiting Capital Advisors LLC grew its holdings in Sempra Energy by 83.0% during the fourth quarter. Annis Gardner Whiting Capital Advisors LLC now owns 355 shares of the utilities provider's stock valued at $32,000 after purchasing an additional 161 shares during the period. Hedge funds and other institutional investors own 89.65% of the company's stock.

Insider Buying and Selling at Sempra Energy

In related news, EVP Caroline Ann Winn sold 8,000 shares of the company's stock in a transaction 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 completion of the transaction, the executive vice president owned 25,164 shares in the company, valued at approximately $2,278,600.20. This represents a 24.12% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 0.31% of the company's stock.

Wall Street Analyst Weigh In

A number of analysts have commented on SRE shares. TD Cowen started coverage on Sempra Energy in a research report on Wednesday, July 8th. They issued a "buy" rating for the company. Wells Fargo & Company reaffirmed an "overweight" rating and set a $118.00 price objective on shares of Sempra Energy in a research report on Tuesday, April 21st. Wall Street Zen raised shares of Sempra Energy from a "sell" rating to a "hold" rating in a report on Saturday, July 25th. Barclays decreased their target price on shares of Sempra Energy from $105.00 to $103.00 and set an "overweight" rating on the stock in a research note on Thursday, July 9th. Finally, BMO Capital Markets set a $102.00 price target on shares of Sempra Energy and gave the company an "outperform" rating in a report on Wednesday, July 22nd. One equities research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $103.92.

Sempra Energy Price Performance

Shares of Sempra Energy stock opened at $87.26 on Wednesday. The company has a market capitalization of $57.06 billion, a price-to-earnings ratio of 25.29, a PEG ratio of 2.08 and a beta of 0.57. The company has a quick ratio of 1.62, a current ratio of 1.64 and a debt-to-equity ratio of 0.78. The stock's 50-day simple moving average is $90.70 and its 200-day simple moving average is $92.26. Sempra Energy has a 52 week low of $78.97 and a 52 week high of $101.04.

Sempra Energy (NYSE:SRE - Get Free Report) last posted its quarterly earnings results on Thursday, August 6th. The utilities provider reported $1.16 EPS for the quarter, topping analysts' consensus estimates of $1.01 by $0.15. Sempra Energy had a return on equity of 8.49% and a net margin of 16.70%.The company had revenue of $3 billion for the quarter, compared to analysts' expectations of $3.14 billion. During the same period in the previous year, the firm earned $0.89 EPS. The firm's revenue was down .1% compared to the same quarter last year. 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 expect that Sempra Energy will post 5.12 earnings per share for the current fiscal 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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