Eurizon Capital SGR S.p.A. Purchases Shares of 127,985 Sempra Energy $SRE

Eurizon Capital SGR S.p.A. purchased a new stake in Sempra Energy (NYSE:SRE) during the 4th quarter, HoldingsChannel.com reports. The fund purchased 127,985 shares of the utilities provider’s stock, valued at approximately $11,317,000.

Several other institutional investors have also recently added to or reduced their stakes in SRE. Vanguard Group Inc. lifted its stake in Sempra Energy by 14.2% in the third quarter. Vanguard Group Inc. now owns 75,725,594 shares of the utilities provider’s stock valued at $6,813,784,000 after buying an additional 9,396,652 shares during the period. JPMorgan Chase & Co. lifted its stake in Sempra Energy by 106.3% in the third quarter. JPMorgan Chase & Co. now owns 10,428,007 shares of the utilities provider’s stock valued at $938,325,000 after buying an additional 5,374,277 shares during the period. Capital International Investors lifted its stake in Sempra Energy by 9.2% in the third quarter. Capital International Investors now owns 54,071,206 shares of the utilities provider’s stock valued at $4,865,115,000 after buying an additional 4,572,312 shares during the period. Invesco Ltd. lifted its stake in Sempra Energy by 40.1% in the third 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. Finally, National Pension Service lifted its stake in Sempra Energy by 246.4% in the fourth 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. 89.65% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

SRE has been the topic of several recent analyst reports. Wells Fargo & Company reissued an “overweight” rating and issued a $118.00 price target on shares of Sempra Energy in a research note on Tuesday, April 21st. JPMorgan Chase & Co. boosted their price target on Sempra Energy from $98.00 to $106.00 and gave the company an “overweight” rating in a research note on Wednesday, March 18th. Argus raised Sempra Energy from a “hold” rating to a “buy” rating in a research note on Wednesday, March 4th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Sempra Energy in a research report on Monday, April 20th. Finally, BMO Capital Markets lowered 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. One equities research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $102.67.

Insider Activity at Sempra Energy

In related news, Director Cynthia J. Warner purchased 2,500 shares of the stock in a transaction that occurred on Wednesday, March 11th. The stock was acquired at an average cost of $92.95 per share, with a total value of $232,375.00. Following the transaction, the director owned 11,275 shares of the company’s stock, valued at $1,048,011.25. This represents a 28.49% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Diana L. Day sold 3,300 shares of the stock in a transaction on Thursday, May 14th. The shares were sold at an average price of $92.13, for a total value of $304,029.00. Following the completion of the sale, the insider directly owned 22,870 shares of the company’s stock, valued at $2,107,013.10. The trade was 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 three months, insiders acquired 6,192 shares of company stock valued at $576,979 and sold 13,439 shares valued at $1,243,713. Company insiders own 0.31% of the company’s stock.

Sempra Energy Price Performance

Shares of NYSE:SRE opened at $88.90 on Monday. 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 has a twelve month low of $73.06 and a twelve month high of $101.04. The stock’s 50 day moving average is $94.13 and its 200-day moving average is $91.89. The firm has a market capitalization of $58.11 billion, a price-to-earnings ratio of 30.13, a PEG ratio of 3.37 and a beta of 0.57.

Sempra Energy (NYSE:SRE) last issued its earnings results on Thursday, May 7th. The utilities provider reported $1.51 earnings per share for the quarter, hitting analysts’ consensus estimates 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 $3.66 billion for the quarter, compared to analyst estimates of $4.10 billion. During the same period in the prior year, the firm earned $1.44 earnings per share. Sempra Energy’s revenue for the quarter 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. Sell-side analysts forecast that Sempra Energy will post 5.11 EPS for the current fiscal year.

Sempra Energy Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Thursday, June 25th will be given a dividend of $0.6575 per share. This represents a $2.63 dividend on an annualized basis and a dividend yield of 3.0%. The ex-dividend date of this dividend is Thursday, June 25th. Sempra Energy’s dividend payout ratio is presently 89.15%.

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.