Forsta AP Fonden Decreases Stock Holdings in Sempra Energy $SRE

Forsta AP Fonden trimmed its position in shares of Sempra Energy (NYSE:SRE) by 6.9% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 141,300 shares of the utilities provider’s stock after selling 10,400 shares during the quarter. Forsta AP Fonden’s holdings in Sempra Energy were worth $12,475,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of SRE. Norges Bank purchased a new position in shares of Sempra Energy in the 4th quarter valued at approximately $914,924,000. Eurizon Capital SGR S.p.A. purchased a new position in shares of Sempra Energy in the 4th quarter valued at approximately $11,317,000. Fideuram Asset Management Ireland dac purchased a new position in shares of Sempra Energy in the 4th quarter valued at approximately $784,000. National Pension Service raised its position in shares of Sempra Energy by 246.4% in the 4th quarter. National Pension Service now owns 2,826,999 shares of the utilities provider’s stock valued at $249,596,000 after purchasing an additional 2,010,853 shares during the last quarter. Finally, Inspire Trust Co. N.A. raised its position in shares of Sempra Energy by 7.5% in the 4th quarter. Inspire Trust Co. N.A. now owns 72,000 shares of the utilities provider’s stock valued at $6,357,000 after purchasing an additional 5,000 shares during the last quarter. 89.65% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on SRE shares. Argus raised shares of Sempra Energy from a “hold” rating to a “buy” rating in a research report on Wednesday, March 4th. JPMorgan Chase & Co. increased their price target on shares of Sempra Energy from $98.00 to $106.00 and gave the stock an “overweight” rating in a report on Wednesday, March 18th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Sempra Energy in a report on Monday, April 20th. UBS Group reiterated a “neutral” rating and issued a $100.00 price target (up from $96.00) on shares of Sempra Energy in a report on Friday, March 6th. Finally, Morgan Stanley set a $104.00 price target on shares of Sempra Energy and gave the stock an “overweight” rating in a report on Tuesday, April 21st. One research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Sempra Energy presently has an average rating of “Moderate Buy” and an average price target of $102.67.

Insider Buying and Selling at Sempra Energy

In other news, CAO Dyan Z. Wold sold 1,539 shares of the firm’s stock in a transaction that occurred on Monday, March 16th. The shares were sold at an average price of $95.38, for a total transaction of $146,789.82. Following the sale, the chief accounting officer owned 4,633 shares of the company’s stock, valued at $441,895.54. This trade represents a 24.94% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Pablo Ferrero sold 2,600 shares of the firm’s stock in a transaction that occurred on 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 in the company, valued at $1,380,821.19. The trade was a 14.43% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have acquired 6,192 shares of company stock worth $576,979 and have sold 13,439 shares worth $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 stock 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 has a 12 month low of $73.06 and a 12 month high of $101.04. The firm’s 50 day simple moving average is $94.13 and its 200-day simple moving average is $91.89. 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 issued its quarterly earnings data on Thursday, May 7th. The utilities provider reported $1.51 EPS for the quarter, hitting analysts’ consensus estimates of $1.51. The business had revenue of $3.66 billion for the quarter, compared to analysts’ expectations of $4.10 billion. Sempra Energy had a net margin of 14.31% and a return on equity of 8.20%. The business’s revenue was down 3.9% on a year-over-year basis. During the same quarter last year, the company earned $1.44 EPS. 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 expect that Sempra Energy will post 5.11 EPS for the current year.

Sempra Energy Dividend Announcement

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

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.