ABN Amro Investment Solutions Buys 7,826 Shares of Sempra Energy $SRE

ABN Amro Investment Solutions increased its position in shares of Sempra Energy (NYSE:SRE) by 18.2% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 50,767 shares of the utilities provider’s stock after buying an additional 7,826 shares during the period. ABN Amro Investment Solutions’ holdings in Sempra Energy were worth $4,933,000 at the end of the most recent reporting period.

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

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on SRE. Weiss Ratings reissued a “hold (c+)” rating on shares of Sempra Energy in a report on Friday, July 17th. Barclays lowered their target price on shares of Sempra Energy from $105.00 to $103.00 and set an “overweight” rating on the stock in a report on Thursday, July 9th. Wall Street Zen downgraded shares of Sempra Energy from a “hold” rating to a “sell” rating in a report on Saturday, July 4th. BMO Capital Markets set a $102.00 price target on Sempra Energy and gave the stock an “outperform” rating in a research report on Wednesday. Finally, Morgan Stanley reaffirmed an “overweight” rating and set a $108.00 price target on shares of Sempra Energy in a report on Wednesday. One analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and four have issued a Hold rating to the company. According to MarketBeat, Sempra Energy currently has a consensus rating of “Moderate Buy” and a consensus price target of $104.23.

Sempra Energy Trading Up 2.7%

Shares of SRE opened at $93.01 on Thursday. The stock’s fifty day simple moving average is $91.86 and its 200-day simple moving average is $92.38. The firm has a market capitalization of $60.80 billion, a PE ratio of 31.53, a price-to-earnings-growth ratio of 2.18 and a beta of 0.56. Sempra Energy has a 12-month low of $78.71 and a 12-month high of $101.04. The company has a quick ratio of 1.66, a current ratio of 1.69 and a debt-to-equity ratio of 0.78.

Sempra Energy (NYSE:SRE) last announced its quarterly earnings data on Thursday, May 7th. The utilities provider reported $1.51 earnings per share for the quarter, hitting the consensus estimate of $1.51. Sempra Energy had a return on equity of 8.20% and a net margin of 14.31%.The firm had revenue of $3.65 billion during the quarter, compared to analysts’ expectations of $4.10 billion. During the same period in the previous year, the business posted $1.44 EPS. The company’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 predict that Sempra Energy will post 5.12 earnings per share for the current year.

Sempra Energy Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, July 15th. Stockholders of record on Thursday, June 25th were issued a $0.6575 dividend. The ex-dividend date of this dividend was Thursday, June 25th. This represents a $2.63 annualized dividend and a dividend yield of 2.8%. Sempra Energy’s payout ratio is 89.15%.

Insider Activity at Sempra Energy

In other 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 sale, 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 transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Pablo Ferrero sold 2,600 shares of the business’s stock in a transaction that occurred on Monday, May 18th. The shares were sold at an average price of $89.53, for a total value of $232,778.00. Following the completion of the transaction, the director owned 15,423 shares of the company’s stock, valued at $1,380,821.19. This represents a 14.43% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 13,900 shares of company stock worth $1,261,207 in the last quarter. Corporate insiders own 0.31% of the company’s stock.

About Sempra Energy

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.