Jupiter Topco LLC Makes New $110.80 Million Investment in Sempra Energy $SRE

Jupiter Topco LLC bought a new position in Sempra Energy (NYSE:SRE - Free Report) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 1,195,168 shares of the utilities provider's stock, valued at approximately $110,798,000. Jupiter Topco LLC owned about 0.18% of Sempra Energy as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Bell Investment Advisors Inc increased its holdings in shares of Sempra Energy by 79.5% in the 1st quarter. Bell Investment Advisors Inc now owns 262 shares of the utilities provider's stock worth $25,000 after acquiring an additional 116 shares during the period. Frazier Financial Advisors LLC acquired a new position in Sempra Energy during the 2nd quarter valued at about $25,000. Ares Financial Consulting LLC acquired a new position in Sempra Energy during the 4th quarter valued at about $26,000. Edmond DE Rothschild Holding S.A. bought a new position in Sempra Energy in the 2nd quarter worth about $27,000. Finally, Silvant Capital Management LLC bought a new position in Sempra Energy in the 2nd quarter worth about $28,000. 89.65% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on SRE shares. Morgan Stanley cut their price target on Sempra Energy from $108.00 to $104.00 and set an "overweight" rating on the stock in a report on Friday, August 21st. TD Cowen initiated coverage on Sempra Energy in a report on Wednesday, July 8th. They issued a "buy" rating for the company. Truist Financial set a $100.00 target price on Sempra Energy and gave the company a "buy" rating in a research report on Thursday, August 13th. Weiss Ratings reaffirmed a "hold (c+)" rating on shares of Sempra Energy in a research note on Friday, July 17th. Finally, Barclays reduced their price target on Sempra Energy from $105.00 to $103.00 and set an "overweight" rating for the company in a research report on Thursday, July 9th. One 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 company's stock. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target of $103.62.

Sempra Energy Price Performance

NYSE SRE opened at $85.37 on Thursday. Sempra Energy has a 12 month low of $78.97 and a 12 month high of $101.04. The company has a debt-to-equity ratio of 0.78, a current ratio of 1.64 and a quick ratio of 1.62. The firm has a market capitalization of $55.82 billion, a PE ratio of 24.74, a P/E/G ratio of 2.02 and a beta of 0.57. The company's 50 day simple moving average is $89.91 and its 200 day simple moving average is $92.18.

Sempra Energy (NYSE:SRE - Get Free Report) last released its earnings results on Thursday, August 6th. The utilities provider reported $1.16 earnings per share for the quarter, topping 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 return on equity of 8.49% and a net margin of 16.70%.The firm's revenue for the quarter was down .1% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.89 earnings per share. 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 research analysts forecast that Sempra Energy will post 5.12 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, EVP Caroline Ann Winn sold 8,000 shares of the firm'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 transaction, the executive vice president owned 25,164 shares of the company's stock, valued at $2,278,600.20. This trade represents a 24.12% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 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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