M&T Bank Corp Purchases 16,688 Shares of Sempra Energy $SRE

Key Points

• M&T Bank Corp increased its stake in Sempra Energy by 79% in Q4, buying 16,688 shares to own 37,817 shares worth about $3.34 million, and institutional investors now hold roughly 89.65% of the stock.
• Sempra reported Q1 adjusted EPS of $1.51 (in line with consensus) but revenue of about $3.66 billion missed estimates (~$4.10 billion), and it issued FY‑2026 and FY‑2027 EPS guidance that is slightly below analyst expectations.
• The company raised its quarterly dividend to $0.6575 (annualized $2.63, ~2.9% yield), although the dividend payout ratio is elevated at about 95%.

M&T Bank Corp grew its position in shares of Sempra Energy (NYSE:SRE - Free Report) by 79.0% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 37,817 shares of the utilities provider's stock after buying an additional 16,688 shares during the quarter. M&T Bank Corp's holdings in Sempra Energy were worth $3,339,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently modified their holdings of the company. Vanguard Group Inc. raised its holdings in shares of Sempra Energy by 14.2% in the 3rd quarter. Vanguard Group Inc. now owns 75,725,594 shares of the utilities provider's stock worth $6,813,784,000 after purchasing an additional 9,396,652 shares during the period. JPMorgan Chase & Co. grew its position in shares of Sempra Energy by 106.3% during the 3rd quarter. JPMorgan Chase & Co. now owns 10,428,007 shares of the utilities provider's stock valued at $938,325,000 after purchasing an additional 5,374,277 shares in the last quarter. Capital International Investors grew its position in shares of Sempra Energy by 9.2% during the 3rd quarter. Capital International Investors now owns 54,071,206 shares of the utilities provider's stock valued at $4,865,115,000 after purchasing an additional 4,572,312 shares in the last quarter. Invesco Ltd. grew its position in shares of Sempra Energy by 40.1% during the 3rd quarter. Invesco Ltd. now owns 10,419,115 shares of the utilities provider's stock valued at $937,512,000 after purchasing an additional 2,984,409 shares in the last quarter. Finally, Bessemer Group Inc. grew its position in shares of Sempra Energy by 20,627.9% during the 3rd quarter. Bessemer Group Inc. now owns 1,898,675 shares of the utilities provider's stock valued at $170,842,000 after purchasing an additional 1,889,515 shares in the last quarter. Institutional investors own 89.65% of the company's stock.

Key Headlines Impacting Sempra Energy

Here are the key news stories impacting Sempra Energy this week:

• Positive Sentiment: Adjusted and GAAP EPS: Sempra reported adjusted Q1 EPS of $1.51 (in line with consensus) and GAAP EPS of $1.58, up year-over-year — a sign that underlying earnings held up. Sempra Reports First-Quarter 2026 Results
• Positive Sentiment: Segment strength: Management flagged gains from the Texas utility and infrastructure businesses that helped offset weakness elsewhere, supporting longer‑term rate base and infrastructure growth narratives. Sempra narrowly misses profit estimates on lower sales
• Neutral Sentiment: Earnings call / transcript available — management commentary and Q&A will be the place to watch for details on interim rates, capital spending and how the company plans to hit guidance. Sempra (SRE) Q1 2026 Earnings Call Transcript
• Neutral Sentiment: Regional utility data: Oncor (Texas) reported stronger Q1 results, which is supportive context for Sempra’s Texas utility exposure, though it’s a separate filing. ONCOR REPORTS FIRST QUARTER 2026 RESULTS
• Negative Sentiment: Revenue miss: Q1 revenue (~$3.65B) fell about 3.9% y/y and was notably below analyst estimates (~$4.10B), driven by lower natural gas sales and weaker California utility revenue — a direct negative for near-term top-line momentum. Sempra's Q1 Earnings In Line With Estimates, Revenues Fall Y/Y
• Negative Sentiment: Softer guidance: Sempra set FY‑2026 EPS guidance of 4.870–5.370 (below consensus ~5.12) and FY‑2027 guidance of 5.100–5.700 (below consensus ~5.54), which likely pressured the stock as expectations were nudged down. Sempra Reports First-Quarter 2026 Results
• Negative Sentiment: Balance‑sheet concerns: Analysts noted rising debt levels as a risk that could weigh on sentiment and valuation if leverage trends continue. Sempra's Q1 Earnings In Line With Estimates, Revenues Fall Y/Y

Sempra Energy Stock Down 2.2%

Shares of NYSE:SRE opened at $91.57 on Friday. Sempra Energy has a 52-week low of $73.06 and a 52-week high of $101.04. The firm has a fifty day moving average of $95.10 and a 200 day moving average of $92.01. The firm has a market capitalization of $59.83 billion, a PE ratio of 33.18, a price-to-earnings-growth ratio of 3.51 and a beta of 0.60. The company has a debt-to-equity ratio of 0.75, a quick ratio of 1.57 and a current ratio of 1.59.

Sempra Energy (NYSE:SRE - Get Free Report) last announced its 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 net margin of 13.27% and a return on equity of 8.22%. The company had revenue of $3.66 billion during the quarter, compared to analyst estimates of $4.10 billion. During the same period in the previous year, the business earned $1.44 earnings per share. The firm's quarterly 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. As a group, research analysts anticipate that Sempra Energy will post 5.15 EPS for the current fiscal year.

Sempra Energy Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, April 15th. Investors of record on Thursday, March 19th were given a $0.6575 dividend. This represents a $2.63 annualized dividend and a yield of 2.9%. This is a boost from Sempra Energy's previous quarterly dividend of $0.65. The ex-dividend date was Thursday, March 19th. Sempra Energy's dividend payout ratio (DPR) is presently 95.29%.

Insider Buying and Selling

In related news, CAO Dyan Z. Wold sold 1,539 shares of the company's stock in a transaction on Monday, March 16th. The shares were sold at an average price of $95.38, for a total value of $146,789.82. Following the completion of the transaction, the chief accounting officer directly owned 4,633 shares in the company, valued at approximately $441,895.54. The trade was a 24.94% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Justin Christopher Bird sold 1,128 shares of the company's stock in a transaction dated Wednesday, April 1st. The shares were sold at an average price of $96.69, for a total transaction of $109,066.32. Following the sale, the executive vice president owned 21,632 shares of the company's stock, valued at approximately $2,091,598.08. The trade was a 4.96% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders bought 6,192 shares of company stock valued at $576,979 and sold 7,539 shares valued at $706,906. 0.31% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

SRE has been the subject of a number of recent analyst reports. Morgan Stanley set a $104.00 price target on shares of Sempra Energy and gave the company an "overweight" rating in a research report on Tuesday, April 21st. Argus upgraded shares of Sempra Energy from a "hold" rating to a "buy" rating in a research report on Wednesday, March 4th. Wall Street Zen upgraded shares of Sempra Energy from a "sell" rating to a "hold" rating in a research report on Saturday, May 2nd. Barclays restated an "overweight" rating and set a $105.00 price target (up from $95.00) on shares of Sempra Energy in a research report on Wednesday, April 15th. Finally, Weiss Ratings restated a "hold (c+)" rating on shares of Sempra Energy in a research report on Monday, April 20th. Two analysts have rated the stock with a Strong Buy rating, eight have given a Buy rating and four have assigned a Hold rating to the company's stock. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $102.67.

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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