Cetera Investment Advisers Cuts Stock Position in Sempra Energy $SRE

Cetera Investment Advisers decreased its holdings in shares of Sempra Energy (NYSE:SRE) by 2.6% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 223,731 shares of the utilities provider’s stock after selling 5,903 shares during the quarter. Cetera Investment Advisers’ holdings in Sempra Energy were worth $21,740,000 as of its most recent SEC filing.

Several other institutional investors have also bought and sold shares of SRE. Norges Bank bought a new stake in Sempra Energy during the fourth quarter worth approximately $914,924,000. Morgan Stanley increased its position in shares of Sempra Energy by 17.0% during the 4th quarter. Morgan Stanley now owns 22,330,091 shares of the utilities provider’s stock valued at $1,971,524,000 after purchasing an additional 3,250,783 shares during the last quarter. Invesco Ltd. raised its holdings in 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 buying an additional 2,984,409 shares during the period. National Pension Service raised its holdings in Sempra Energy by 246.4% during the 4th quarter. National Pension Service now owns 2,826,999 shares of the utilities provider’s stock valued at $249,596,000 after buying an additional 2,010,853 shares during the period. Finally, State Street Corp lifted its position in Sempra Energy by 5.2% in the fourth quarter. State Street Corp now owns 36,810,449 shares of the utilities provider’s stock worth $3,273,460,000 after buying an additional 1,824,280 shares during the last quarter. Institutional investors own 89.65% of the company’s stock.

Sempra Energy Price Performance

NYSE SRE opened at $91.20 on Tuesday. Sempra Energy has a 12-month low of $78.97 and a 12-month high of $101.04. The firm’s fifty day simple moving average is $91.95 and its two-hundred day simple moving average is $92.47. The company has a current ratio of 1.69, a quick ratio of 1.66 and a debt-to-equity ratio of 0.78. The firm has a market capitalization of $59.62 billion, a P/E ratio of 30.92, a P/E/G ratio of 2.23 and a beta of 0.56.

Sempra Energy (NYSE:SRE) last announced its earnings results on Thursday, May 7th. The utilities provider reported $1.51 earnings per share (EPS) for the quarter, meeting the consensus estimate of $1.51. Sempra Energy had a return on equity of 8.20% and a net margin of 14.31%.The company had revenue of $3.65 billion for the quarter, compared to analyst estimates of $4.10 billion. During the same period in the prior year, the company posted $1.44 EPS. 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. Analysts forecast that Sempra Energy will post 5.12 EPS for the current fiscal year.

Sempra Energy Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, July 15th. Investors of record on Thursday, June 25th were given a $0.6575 dividend. This represents a $2.63 annualized dividend and a dividend yield of 2.9%. The ex-dividend date of this dividend was Thursday, June 25th. Sempra Energy’s dividend payout ratio is presently 89.15%.

Insider Activity at Sempra Energy

In other Sempra Energy news, Director Pablo Ferrero sold 2,600 shares of Sempra Energy stock in a transaction dated Monday, May 18th. The stock was sold at an average price of $89.53, for a total transaction of $232,778.00. Following the completion of the sale, the director owned 15,423 shares of the company’s stock, valued at approximately $1,380,821.19. The trade was a 14.43% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Diana L. Day sold 3,300 shares of the business’s stock in a transaction dated Thursday, May 14th. The shares were sold at an average price of $92.13, for a total value of $304,029.00. Following the sale, the insider owned 22,870 shares in the company, valued at approximately $2,107,013.10. The trade was a 12.61% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 13,900 shares of company stock valued at $1,261,207 in the last ninety days. Company insiders own 0.31% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have commented on the stock. TD Cowen started coverage on shares of Sempra Energy in a research note on Wednesday, July 8th. They set a “buy” rating for the company. Wall Street Zen raised shares of Sempra Energy from a “sell” rating to a “hold” rating in a research note on Saturday. Barclays dropped their price target on shares of Sempra Energy from $105.00 to $103.00 and set an “overweight” rating for the company in a research note on Thursday, July 9th. Morgan Stanley reiterated an “overweight” rating and set a $108.00 price target on shares of Sempra Energy in a report on Wednesday, July 22nd. Finally, Weiss Ratings reissued a “hold (c+)” rating on shares of Sempra Energy in a research report on Friday, July 17th. One 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. According to MarketBeat, Sempra Energy has an average rating of “Moderate Buy” and a consensus target price of $104.23.

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.