Moody National Bank Trust Division Makes New $1.51 Million Investment in Sempra Energy $SRE

Key Points

• Moody National Bank Trust Division acquired 19,350 shares of Sempra Energy worth approximately $1.51 million during the third quarter. Institutional investors collectively own 89.65% of the company.
• Sempra reported quarterly EPS of $1.16, exceeding analysts’ $1.01 estimate, while revenue reached $3 billion and declined slightly year over year. Analysts maintain a “Moderate Buy” consensus rating with an average price target of $100.
• The company declared a quarterly dividend of $0.6575 per share, equivalent to an annualized $2.63 payout and a 3.3% yield.

Moody National Bank Trust Division bought a new stake in Sempra Energy (NYSE:SRE - Free Report) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 19,350 shares of the utilities provider's stock, valued at approximately $1,509,000.

Other institutional investors have also recently made changes to their positions in the company. Creative Capital Management Investments LLC grew its stake in shares of Sempra Energy by 12.1% during the first quarter. Creative Capital Management Investments LLC now owns 1,040 shares of the utilities provider's stock valued at $101,000 after buying an additional 112 shares during the last quarter. Bell Investment Advisors Inc lifted 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 worth $25,000 after acquiring an additional 116 shares during the last quarter. Clal Insurance Enterprises Holdings Ltd boosted 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 acquiring an additional 127 shares during the period. Davidson Trust Co. boosted its holdings in Sempra Energy by 4.5% during the 1st quarter. Davidson Trust Co. now owns 3,147 shares of the utilities provider's stock valued at $306,000 after acquiring an additional 135 shares during the period. Finally, Bridgewater Advisors Inc. grew its position in Sempra Energy by 2.2% in the 1st quarter. Bridgewater Advisors Inc. now owns 6,614 shares of the utilities provider's stock valued at $643,000 after acquiring an additional 140 shares during the last quarter. Institutional investors own 89.65% of the company's stock.

Sempra Energy Stock Up 2.3%

Shares of Sempra Energy stock opened at $79.92 on Wednesday. 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 $76.21 and a 1 year high of $101.04. The firm's 50-day moving average is $83.38 and its two-hundred day moving average is $89.73. The stock has a market cap of $52.26 billion, a price-to-earnings ratio of 23.17, a PEG ratio of 2.16 and a beta of 0.55.

Sempra Energy (NYSE:SRE - Get Free Report) last posted its earnings results 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 net margin of 16.70% and a return on equity of 8.49%. The business had revenue of $3 billion for the quarter, compared to the consensus estimate of $3.14 billion. During the same quarter last year, the firm 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, research analysts expect that Sempra Energy will post 5.12 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 Thursday, October 15th. Stockholders of record on Thursday, September 24th will be issued a $0.6575 dividend. The ex-dividend date is Thursday, September 24th. This represents a $2.63 dividend on an annualized basis and a dividend yield of 3.3%. Sempra Energy's dividend payout ratio (DPR) is currently 76.23%.

Analyst Ratings Changes

A number of analysts have weighed in on SRE shares. Jefferies Financial Group upgraded Sempra Energy from a "hold" rating to a "buy" rating and reduced their target price for the stock from $101.00 to $97.00 in a research note on Tuesday, September 1st. JPMorgan Chase & Co. lowered their target price on shares of Sempra Energy from $113.00 to $102.00 and set an "overweight" rating for the company in a research note on Wednesday, September 2nd. Wall Street Zen upgraded shares of Sempra Energy from a "sell" rating to a "hold" rating in a report on Saturday, July 25th. Scotiabank began coverage on shares of Sempra Energy in a research note on Tuesday, September 29th. They issued a "sector perform" rating and a $83.00 price target on the stock. Finally, TD Cowen assumed coverage on shares of Sempra Energy in a report on Wednesday, July 8th. They set a "buy" rating for the company. One investment analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and five have issued a Hold rating to the company's stock. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average price target of $100.00.

Sempra Energy Company Profile

Sempra, formerly known as Sempra Energy, is an energy infrastructure company headquartered in San Diego, California. The company develops, owns and operates infrastructure that supports the delivery of electricity and natural gas, with operations focused primarily on North America.

Sempra's principal businesses include regulated utilities and infrastructure development. Its California utilities, San Diego Gas & Electric and Southern California Gas, provide electric and natural gas services to customers in Southern California.

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