UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Buys Shares of 4,993,157 Sempra Energy $SRE

Key Points

• UBS Asset Management acquired 4,993,157 Sempra Energy shares worth approximately $462.9 million, giving it a 0.76% stake. Institutional investors collectively own 89.65% of the company.
• Analysts remain broadly positive, with Sempra receiving a consensus “Moderate Buy” rating and an average price target of $103.62, above its reported opening price of $84.25.
• Sempra exceeded quarterly earnings expectations, reporting $1.16 in EPS versus the $1.01 consensus estimate, although revenue of $3 billion fell short of expectations and was essentially flat year over year.

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC bought a new stake in shares of Sempra Energy (NYSE:SRE - Free Report) in the 2nd quarter, according to its most recent filing with the SEC. The institutional investor bought 4,993,157 shares of the utilities provider's stock, valued at approximately $462,916,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned about 0.76% of Sempra Energy at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. Creative Capital Management Investments LLC raised its holdings in Sempra Energy by 12.1% in the first quarter. Creative Capital Management Investments LLC now owns 1,040 shares of the utilities provider's stock valued at $101,000 after acquiring an additional 112 shares in the last quarter. Bell Investment Advisors Inc grew its holdings in 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 in the last quarter. Gulf International Bank UK Ltd grew its holdings in Sempra Energy by 0.4% during the 4th quarter. Gulf International Bank UK Ltd now owns 35,009 shares of the utilities provider's stock worth $3,091,000 after acquiring an additional 123 shares in the last quarter. Rothschild Investment LLC increased its position in shares of Sempra Energy by 3.5% in the 4th quarter. Rothschild Investment LLC now owns 3,666 shares of the utilities provider's stock worth $324,000 after purchasing an additional 124 shares during the last quarter. Finally, Clal Insurance Enterprises Holdings Ltd increased its position in shares of Sempra Energy by 57.7% in the 4th quarter. Clal Insurance Enterprises Holdings Ltd now owns 347 shares of the utilities provider's stock worth $31,000 after purchasing an additional 127 shares during the last quarter. Institutional investors and hedge funds own 89.65% of the company's stock.

Insider Activity

In other Sempra Energy news, EVP Caroline Ann Winn sold 8,000 shares of the company's stock in a transaction on Wednesday, June 17th. The stock was sold at an average price of $90.55, for a total value of $724,400.00. Following the transaction, the executive vice president owned 25,164 shares of the company's stock, valued at approximately $2,278,600.20. This 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. Corporate insiders own 0.31% of the company's stock.

Analyst Upgrades and Downgrades

SRE has been the topic of several research analyst reports. Jefferies Financial Group set a $101.00 price target on shares of Sempra Energy in a research report on Thursday, July 16th. Barclays cut 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. Truist Financial set a $100.00 target price on Sempra Energy and gave the stock a "buy" rating in a report on Thursday, August 13th. Wall Street Zen upgraded Sempra Energy from a "sell" rating to a "hold" rating in a report on Saturday, July 25th. Finally, TD Cowen began coverage on Sempra Energy in a research report on Wednesday, July 8th. They set a "buy" rating on the stock. One research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus target price of $103.62.

Sempra Energy Price Performance

Shares of NYSE:SRE opened at $84.25 on Monday. The stock has a market cap of $55.09 billion, a price-to-earnings ratio of 24.42, a PEG ratio of 2.03 and a beta of 0.57. 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 12 month low of $78.97 and a 12 month high of $101.04. The stock's 50 day moving average price is $89.67 and its 200 day moving average price is $92.14.

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 (EPS) for the quarter, beating the consensus estimate of $1.01 by $0.15. The company had revenue of $3 billion for the quarter, compared to analysts' expectations 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% on a year-over-year basis. During the same period last 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. Equities research analysts anticipate that Sempra Energy will post 5.12 earnings per share for the current fiscal year.

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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