Jefferies Financial Group Inc. Buys Shares of 29,101 Sempra Energy $SRE

Key Points

• Jefferies Financial Group initiated a position in Sempra Energy during the second quarter, buying 29,101 shares valued at approximately $2.7 million. Institutional investors collectively own 89.65% of Sempra’s outstanding stock.
• Sempra reported quarterly earnings of $1.16 per share, beating analysts’ $1.01 estimate, while revenue reached $3 billion and declined slightly year over year.
• SRE shares opened at $84.25, below the analyst consensus price target of $103.62; analysts maintain a “Moderate Buy” consensus rating, although an executive recently sold 8,000 shares.

Jefferies Financial Group Inc. purchased a new position in Sempra Energy (NYSE:SRE - Free Report) in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 29,101 shares of the utilities provider's stock, valued at approximately $2,698,000.

Several other large investors also recently made changes to their positions in SRE. Empowered Funds LLC grew its holdings in Sempra Energy by 52.5% during the first quarter. Empowered Funds LLC now owns 18,008 shares of the utilities provider's stock valued at $1,285,000 after purchasing an additional 6,196 shares during the last quarter. Woodline Partners LP raised its position in shares of Sempra Energy by 40.7% in the first quarter. Woodline Partners LP now owns 53,512 shares of the utilities provider's stock valued at $3,819,000 after purchasing an additional 15,474 shares during the period. Baird Financial Group Inc. lifted its stake in shares of Sempra Energy by 6.2% in the second quarter. Baird Financial Group Inc. now owns 14,699 shares of the utilities provider's stock worth $1,114,000 after buying an additional 858 shares during the last quarter. Cary Street Partners Financial LLC lifted its stake in shares of Sempra Energy by 78.5% in the second quarter. Cary Street Partners Financial LLC now owns 771 shares of the utilities provider's stock worth $58,000 after buying an additional 339 shares during the last quarter. Finally, Sei Investments Co. boosted its holdings in shares of Sempra Energy by 80.0% during the 2nd quarter. Sei Investments Co. now owns 423,280 shares of the utilities provider's stock worth $32,072,000 after buying an additional 188,131 shares during the period. Institutional investors own 89.65% of the company's stock.

Sempra Energy Trading Down 0.6%

Shares of SRE stock opened at $84.25 on Friday. Sempra Energy has a 1 year low of $78.97 and a 1 year high of $101.04. The firm's fifty day simple moving average is $89.67 and its 200 day simple moving average is $92.10. The firm has a market capitalization of $55.09 billion, a P/E ratio of 24.42, a price-to-earnings-growth ratio of 2.04 and a beta of 0.57. The company has a current ratio of 1.64, a quick ratio of 1.62 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 for the quarter, beating analysts' consensus estimates of $1.01 by $0.15. The firm had revenue of $3 billion during the quarter, compared to the consensus estimate of $3.14 billion. Sempra Energy had a net margin of 16.70% and a return on equity of 8.49%. The business's revenue was down .1% on a year-over-year basis. During the same period in the prior year, the firm earned $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, sell-side analysts predict that Sempra Energy will post 5.12 EPS for the current year.

Insider Buying and Selling at Sempra Energy

In related news, EVP Caroline Ann Winn sold 8,000 shares of the stock in a transaction dated Wednesday, June 17th. The shares were sold at an average price of $90.55, for a total value of $724,400.00. Following the completion of the sale, the executive vice president owned 25,164 shares in the company, valued at approximately $2,278,600.20. This trade represents a 24.12% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 0.31% of the company's stock.

Analysts Set New Price Targets

A number of research analysts recently issued reports on SRE shares. Morgan Stanley lowered their target price on shares of Sempra Energy from $108.00 to $104.00 and set an "overweight" rating on the stock in a research note on Friday, August 21st. 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. Jefferies Financial Group set a $101.00 price target on Sempra Energy in a research report on Thursday, July 16th. Barclays dropped their price objective 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. Finally, Wall Street Zen raised Sempra Energy from a "sell" rating to a "hold" rating in a research report on Saturday, July 25th. One investment analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat, Sempra Energy presently has a consensus rating of "Moderate Buy" and an average target price 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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