Greenland Capital Management LP Purchases New Position in Sempra Energy $SRE

Key Points

• Greenland Capital Management acquired 78,150 shares of Sempra Energy in the second quarter, valued at approximately $7.25 million and representing 0.9% of its portfolio.
• Institutional investors own 89.65% of Sempra, while the stock recently traded at $82.87—near its 52-week low of $78.97 and below its 50-day and 200-day moving averages.
• Sempra beat quarterly earnings expectations with EPS of $1.16 versus the $1.01 consensus, and analysts maintain a “Moderate Buy” consensus with an average price target of $103.62.

Greenland Capital Management LP acquired a new position in Sempra Energy (NYSE:SRE - Free Report) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 78,150 shares of the utilities provider's stock, valued at approximately $7,245,000. Sempra Energy comprises 0.9% of Greenland Capital Management LP's portfolio, making the stock its 25th largest position.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Bell Investment Advisors Inc boosted its stake in 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 last quarter. Frazier Financial Advisors LLC purchased a new position in shares of Sempra Energy in the second quarter worth $25,000. Edmond DE Rothschild Holding S.A. bought a new position in shares of Sempra Energy during the second quarter valued at $27,000. Ares Financial Consulting LLC bought a new position in shares of Sempra Energy during the fourth quarter valued at $26,000. Finally, Silvant Capital Management LLC purchased a new stake in shares of Sempra Energy during the second quarter valued at $28,000. 89.65% of the stock is owned by institutional investors.

Sempra Energy Stock Performance

SRE stock opened at $82.87 on Friday. The company has a debt-to-equity ratio of 0.78, a current ratio of 1.64 and a quick ratio of 1.62. Sempra Energy has a 1 year low of $78.97 and a 1 year high of $101.04. The company has a market cap of $54.19 billion, a P/E ratio of 24.02, a price-to-earnings-growth ratio of 1.99 and a beta of 0.57. The stock's fifty day moving average price is $90.31 and its 200-day moving average price is $92.18.

Sempra Energy (NYSE:SRE - Get Free Report) last posted its quarterly earnings data on Thursday, August 6th. The utilities provider reported $1.16 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 company had revenue of $3 billion during the quarter, compared to analysts' expectations of $3.14 billion. During the same quarter in the prior year, the business earned $0.89 earnings per share. Sempra Energy's revenue for the quarter 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. On average, equities analysts forecast that Sempra Energy will post 5.12 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on SRE shares. TD Cowen started coverage on Sempra Energy in a report on Wednesday, July 8th. They issued a "buy" rating for the company. Jefferies Financial Group set a $101.00 target price on shares of Sempra Energy in a research note on Thursday, July 16th. 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. Morgan Stanley reduced their price target on shares of Sempra Energy from $108.00 to $104.00 and set an "overweight" rating for the company in a research note on Friday. Finally, Weiss Ratings reiterated a "hold (c+)" rating on shares of Sempra Energy in a research note on Friday, July 17th. One equities research 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 stock. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $103.62.

Insider Activity

In other Sempra Energy news, EVP Caroline Ann Winn sold 8,000 shares of the business's stock in a transaction dated Wednesday, June 17th. The stock was 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 position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.31% of the stock is currently owned by corporate insiders.

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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