Cornerstone Planning LLC Makes New Investment in Sempra Energy $SRE

Cornerstone Planning LLC acquired a new stake in shares of Sempra Energy (NYSE:SRE) in the fourth quarter, according to its most recent disclosure with the SEC. The firm acquired 10,413 shares of the utilities provider’s stock, valued at approximately $924,000.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Ares Financial Consulting LLC bought a new position in shares of Sempra Energy during the fourth quarter worth $26,000. Clal Insurance Enterprises Holdings Ltd increased its holdings in Sempra Energy by 57.7% in the 4th quarter. Clal Insurance Enterprises Holdings Ltd now owns 347 shares of the utilities provider’s stock valued at $31,000 after acquiring an additional 127 shares during the last quarter. Key Financial Inc increased its holdings in Sempra Energy by 73.6% in the 4th quarter. Key Financial Inc now owns 361 shares of the utilities provider’s stock valued at $32,000 after acquiring an additional 153 shares during the last quarter. Annis Gardner Whiting Capital Advisors LLC lifted its stake in Sempra Energy by 83.0% in the 4th quarter. Annis Gardner Whiting Capital Advisors LLC now owns 355 shares of the utilities provider’s stock worth $32,000 after purchasing an additional 161 shares in the last quarter. Finally, Board of the Pension Protection Fund purchased a new stake in Sempra Energy in the 4th quarter worth $35,000. Institutional investors own 89.65% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have recently weighed in on SRE shares. Truist Financial set a $104.00 price objective on Sempra Energy and gave the company a “buy” rating in a research report on Monday, May 18th. Morgan Stanley set a $104.00 target price on Sempra Energy and gave the stock an “overweight” rating in a report on Tuesday, April 21st. JPMorgan Chase & Co. boosted their target price on Sempra Energy from $98.00 to $106.00 and gave the stock an “overweight” rating in a research report on Wednesday, March 18th. Wall Street Zen raised Sempra Energy from a “sell” rating to a “hold” rating in a research note on Saturday, June 13th. Finally, Argus upgraded Sempra Energy from a “hold” rating to a “buy” rating in a report on Wednesday, March 4th. One analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat.com, Sempra Energy presently has a consensus rating of “Moderate Buy” and an average target price of $102.67.

Insider Buying and Selling

In other Sempra Energy news, insider Diana L. Day sold 3,300 shares of the company’s stock in a transaction that occurred on Thursday, May 14th. The stock was sold at an average price of $92.13, for a total transaction of $304,029.00. Following the sale, the insider directly 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. The sale was disclosed in a document filed with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Justin Christopher Bird sold 1,128 shares of the firm’s stock in a transaction that occurred on Wednesday, April 1st. The shares were sold at an average price of $96.69, for a total value of $109,066.32. Following the completion of the sale, the executive vice president directly owned 21,632 shares of the company’s stock, valued at $2,091,598.08. The trade was a 4.96% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 15,028 shares of company stock valued at $1,370,273. Insiders own 0.31% of the company’s stock.

Sempra Energy Price Performance

SRE stock opened at $90.62 on Friday. Sempra Energy has a 52 week low of $73.18 and a 52 week 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. The company has a fifty day simple moving average of $92.36 and a two-hundred day simple moving average of $91.68. The firm has a market capitalization of $59.24 billion, a P/E ratio of 30.72, a price-to-earnings-growth ratio of 2.18 and a beta of 0.56.

Sempra Energy (NYSE:SRE) last posted 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. The firm had revenue of $3.65 billion for the quarter, compared to the consensus estimate of $4.10 billion. Sempra Energy had a net margin of 14.31% and a return on equity of 8.20%. The business’s quarterly revenue was down 3.9% on a year-over-year basis. During the same period in the previous year, the firm posted $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 anticipate that Sempra Energy will post 5.11 earnings per share for the current fiscal year.

Sempra Energy Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 15th. Shareholders of record on Thursday, June 25th will be paid a dividend of $0.6575 per share. This represents a $2.63 annualized dividend and a yield of 2.9%. The ex-dividend date of this dividend is Thursday, June 25th. Sempra Energy’s payout ratio is presently 89.15%.

Sempra Energy 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.