Foundations Investment Advisors LLC Acquires 11,818 Shares of Sempra Energy $SRE

Key Points

• Foundations Investment Advisors LLC increased its Sempra Energy stake by 8.7% in the fourth quarter, buying 11,818 shares and bringing its total holdings to 147,905 shares worth about $13.1 million.
• Sempra reported Q1 EPS of $1.51, matching analyst expectations, but revenue of $3.66 billion came in below estimates and declined 3.9% from a year earlier.
• The company declared a quarterly dividend of $0.6575 per share, equal to a 2.9% annualized yield, while analysts currently rate the stock a consensus “Moderate Buy” with a $102.67 price target.

Foundations Investment Advisors LLC boosted its holdings in Sempra Energy (NYSE:SRE - Free Report) by 8.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 147,905 shares of the utilities provider's stock after purchasing an additional 11,818 shares during the quarter. Foundations Investment Advisors LLC's holdings in Sempra Energy were worth $13,059,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Ares Financial Consulting LLC bought a new stake in Sempra Energy in the fourth quarter worth approximately $26,000. Key Financial Inc increased its holdings in Sempra Energy by 73.6% in the fourth quarter. Key Financial Inc now owns 361 shares of the utilities provider's stock worth $32,000 after purchasing an additional 153 shares in the last quarter. Annis Gardner Whiting Capital Advisors LLC increased its holdings in Sempra Energy by 83.0% in the fourth quarter. Annis Gardner Whiting Capital Advisors LLC now owns 355 shares of the utilities provider's stock worth $32,000 after purchasing an additional 161 shares in the last quarter. Activest Wealth Management increased its holdings in Sempra Energy by 74.6% in the third quarter. Activest Wealth Management now owns 391 shares of the utilities provider's stock worth $35,000 after purchasing an additional 167 shares in the last quarter. Finally, Board of the Pension Protection Fund bought a new stake in Sempra Energy in the fourth quarter worth approximately $35,000. 89.65% of the stock is currently owned by institutional investors.

Sempra Energy Trading Down 0.3%

Shares of Sempra Energy stock opened at $91.23 on Thursday. The stock has a fifty day simple moving average of $94.37 and a 200 day simple moving average of $91.95. Sempra Energy has a 12-month low of $73.06 and a 12-month high of $101.04. The company has a market capitalization of $59.64 billion, a P/E ratio of 30.93, a price-to-earnings-growth ratio of 3.46 and a beta of 0.60. The company has a current ratio of 1.69, a quick ratio of 1.66 and a debt-to-equity ratio of 0.78.

Sempra Energy (NYSE:SRE - Get Free Report) last announced its quarterly earnings results on Thursday, May 7th. The utilities provider reported $1.51 earnings per share (EPS) for the quarter, hitting the consensus estimate of $1.51. Sempra Energy had a return on equity of 8.20% and a net margin of 14.31%.The business had revenue of $3.66 billion during the quarter, compared to the consensus estimate of $4.10 billion. During the same quarter in the prior year, the company posted $1.44 earnings per share. Sempra Energy's revenue was down 3.9% 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 4.870-5.370 EPS. On average, sell-side analysts anticipate that Sempra Energy will post 5.11 earnings per share for the current fiscal year.

Sempra Energy Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, July 15th. Investors of record on Thursday, June 25th will be issued a dividend of $0.6575 per share. The ex-dividend date is Thursday, June 25th. This represents a $2.63 annualized dividend and a yield of 2.9%. Sempra Energy's dividend payout ratio is 89.15%.

Insider Buying and Selling at Sempra Energy

In other Sempra Energy news, Director Pablo Ferrero sold 2,600 shares of the business's stock in a transaction on Monday, May 18th. The stock was sold at an average price of $89.53, for a total value of $232,778.00. Following the transaction, the director owned 15,423 shares of the company's stock, valued at approximately $1,380,821.19. The trade was a 14.43% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Justin Christopher Bird sold 1,128 shares of the business's stock in a transaction on Wednesday, April 1st. The stock was sold at an average price of $96.69, for a total value of $109,066.32. Following the completion of the transaction, the executive vice president directly owned 21,632 shares in the company, valued at approximately $2,091,598.08. This represents a 4.96% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have purchased 6,192 shares of company stock valued at $576,979 and have sold 13,439 shares valued at $1,243,713. 0.31% of the stock is owned by corporate insiders.

Analyst Ratings Changes

Several equities research analysts have recently commented on SRE shares. UBS Group restated a "neutral" rating and set a $100.00 price objective (up from $96.00) on shares of Sempra Energy in a report on Friday, March 6th. Truist Financial set a $104.00 price objective on Sempra Energy and gave the company a "buy" rating in a report on Monday, May 18th. Barclays restated an "overweight" rating and set a $105.00 price objective (up from $95.00) on shares of Sempra Energy in a report on Wednesday, April 15th. Argus upgraded Sempra Energy from a "hold" rating to a "buy" rating in a report on Wednesday, March 4th. Finally, Morgan Stanley set a $104.00 price objective on Sempra Energy and gave the company an "overweight" rating in a report on Tuesday, April 21st. One analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and four have given a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $102.67.

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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