Sempra Energy $SRE Position Trimmed by California Public Employees Retirement System

California Public Employees Retirement System decreased its holdings in Sempra Energy (NYSE:SRE) by 28.3% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 981,261 shares of the utilities provider’s stock after selling 386,825 shares during the period. California Public Employees Retirement System owned about 0.15% of Sempra Energy worth $95,349,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in SRE. Creative Capital Management Investments LLC grew its position in 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 purchasing an additional 112 shares in the last quarter. Bell Investment Advisors Inc lifted its position in Sempra Energy by 79.5% in the 1st quarter. Bell Investment Advisors Inc now owns 262 shares of the utilities provider’s stock worth $25,000 after buying an additional 116 shares in the last quarter. Gulf International Bank UK Ltd lifted its position in Sempra Energy by 0.4% in the 4th quarter. Gulf International Bank UK Ltd now owns 35,009 shares of the utilities provider’s stock worth $3,091,000 after buying an additional 123 shares in the last quarter. Silvia Mccoll Wealth Management LLC boosted its stake in shares of Sempra Energy by 1.4% during the 4th quarter. Silvia Mccoll Wealth Management LLC now owns 9,045 shares of the utilities provider’s stock valued at $799,000 after buying an additional 124 shares during the period. Finally, Rothschild Investment LLC boosted its stake in shares of Sempra Energy by 3.5% during the 4th quarter. Rothschild Investment LLC now owns 3,666 shares of the utilities provider’s stock valued at $324,000 after buying an additional 124 shares during the period. 89.65% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on the company. TD Cowen began coverage on Sempra Energy in a research report on Wednesday, July 8th. They set a “buy” rating for the company. BMO Capital Markets dropped their target price on Sempra Energy from $105.00 to $103.00 and set an “outperform” rating on the stock in a research report on Monday, May 11th. Wells Fargo & Company reaffirmed an “overweight” rating and set a $118.00 price target on shares of Sempra Energy in a research note on Tuesday, April 21st. Weiss Ratings reiterated a “hold (c+)” rating on shares of Sempra Energy in a report on Monday, April 20th. Finally, Jefferies Financial Group set a $101.00 price target on Sempra Energy in a research note on Thursday. One equities research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat, Sempra Energy currently has an average rating of “Moderate Buy” and an average target price of $104.08.

Sempra Energy Price Performance

NYSE SRE opened at $92.31 on Monday. Sempra Energy has a fifty-two week low of $76.43 and a fifty-two week high of $101.04. The stock’s 50-day moving average is $91.94 and its two-hundred day moving average is $92.32. The firm has a market cap of $60.34 billion, a P/E ratio of 31.29, a price-to-earnings-growth ratio of 2.22 and a beta of 0.56. The company has a debt-to-equity ratio of 0.78, a current ratio of 1.69 and a quick ratio of 1.66.

Sempra Energy (NYSE:SRE) last released its quarterly 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 return on equity of 8.20% and a net margin of 14.31%.The company had revenue of $3.65 billion during the quarter, compared to the consensus estimate of $4.10 billion. During the same quarter in the prior year, the company posted $1.44 EPS. The firm’s revenue was down 3.9% 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 4.870-5.370 EPS. On average, analysts anticipate that Sempra Energy will post 5.12 earnings per share for the current fiscal year.

Sempra Energy Announces Dividend

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

Insider Activity at Sempra Energy

In related 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 sale, the director directly owned 15,423 shares of the company’s stock, valued at $1,380,821.19. This trade represents a 14.43% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 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 transaction, the insider owned 22,870 shares in the company, valued at $2,107,013.10. This represents a 12.61% decrease in their ownership of the stock. 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. Over the last 90 days, insiders sold 13,900 shares of company stock worth $1,261,207. Company 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.