Flputnam Investment Management Co. Buys Shares of 24,661 Sempra Energy $SRE

Key Points

• Flputnam Investment Management purchased 24,661 shares of Sempra Energy in the second quarter, valued at approximately $2.29 million. Institutional investors collectively own 89.65% of the company.
• Sempra reported quarterly EPS of $1.16, exceeding the $1.01 analyst consensus, while revenue of $3 billion fell slightly short of estimates and declined marginally 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 $84.25.

Flputnam Investment Management Co. bought a new position in shares of Sempra Energy (NYSE:SRE - Free Report) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 24,661 shares of the utilities provider's stock, valued at approximately $2,286,000.

Other large investors have also recently made changes to their positions in the company. Bell Investment Advisors Inc raised its stake 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 purchasing an additional 116 shares during the period. Frazier Financial Advisors LLC bought a new position in Sempra Energy in the 2nd quarter worth about $25,000. Edmond DE Rothschild Holding S.A. purchased a new position in Sempra Energy during the 2nd quarter valued at about $27,000. Silvant Capital Management LLC purchased a new position in Sempra Energy during the 2nd quarter valued at about $28,000. Finally, Clal Insurance Enterprises Holdings Ltd grew its holdings in Sempra Energy by 57.7% during the 4th quarter. Clal Insurance Enterprises Holdings Ltd now owns 347 shares of the utilities provider's stock valued at $31,000 after buying an additional 127 shares in the last quarter. 89.65% of the stock is owned by institutional investors.

Sempra Energy Price Performance

Shares of NYSE SRE opened at $84.25 on Monday. The stock's 50-day simple moving average is $89.67 and its two-hundred day simple moving average is $92.14. Sempra Energy has a twelve month low of $78.97 and a twelve month high of $101.04. The firm has a market capitalization of $55.09 billion, a P/E ratio of 24.42, a P/E/G ratio of 2.03 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.

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 (EPS) for the quarter, beating 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 firm had revenue of $3 billion during the quarter, compared to the consensus estimate of $3.14 billion. During the same quarter last year, the company posted $0.89 EPS. The company'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, equities analysts anticipate that Sempra Energy will post 5.12 EPS for the current fiscal year.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on the stock. TD Cowen started coverage on shares of Sempra Energy in a report on Wednesday, July 8th. They issued a "buy" rating on the stock. Truist Financial set a $100.00 price objective on shares of Sempra Energy and gave the company a "buy" rating in a research note on Thursday, August 13th. Jefferies Financial Group set a $101.00 target price on shares of Sempra Energy in a report on Thursday, July 16th. Weiss Ratings reiterated a "hold (c+)" rating on shares of Sempra Energy in a research note on Friday, July 17th. Finally, Morgan Stanley cut their price target on shares of Sempra Energy from $108.00 to $104.00 and set an "overweight" rating for the company in a report on Friday, August 21st. One analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and four have issued a Hold rating to the company's stock. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average target price of $103.62.

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 completion of the sale, the executive vice president directly 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 sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.31% of the stock is owned by corporate insiders.

Sempra Energy Company 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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