Fjarde AP Fonden Fourth Swedish National Pension Fund Makes New $6.87 Million Investment in Sempra Energy $SRE

Fjarde AP Fonden Fourth Swedish National Pension Fund acquired a new stake in Sempra Energy (NYSE:SRE) in the 1st quarter, Holdings Channel reports. The firm acquired 70,650 shares of the utilities provider’s stock, valued at approximately $6,865,000.

Other large investors have also modified their holdings of the company. Vanguard Group Inc. lifted its stake in Sempra Energy by 1.3% during the fourth quarter. Vanguard Group Inc. now owns 76,734,070 shares of the utilities provider’s stock worth $6,774,907,000 after purchasing an additional 1,008,476 shares during the period. Capital International Investors grew its holdings in Sempra Energy by 9.2% during the 3rd quarter. Capital International Investors now owns 54,071,206 shares of the utilities provider’s stock worth $4,865,115,000 after acquiring an additional 4,572,312 shares during the last quarter. State Street Corp raised its stake in shares of 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 acquiring an additional 1,824,280 shares during the last quarter. Morgan Stanley increased its stake in shares of Sempra Energy by 17.0% in the 4th quarter. Morgan Stanley now owns 22,330,091 shares of the utilities provider’s stock valued at $1,971,524,000 after buying an additional 3,250,783 shares during the period. Finally, Geode Capital Management LLC raised its holdings in Sempra Energy by 0.8% during the 4th quarter. Geode Capital Management LLC now owns 14,298,845 shares of the utilities provider’s stock worth $1,256,592,000 after purchasing an additional 116,554 shares during the last quarter. 89.65% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In related news, Director Pablo Ferrero sold 2,600 shares of Sempra Energy stock in a transaction that occurred on Monday, May 18th. The shares were sold at an average price of $89.53, for a total value of $232,778.00. Following 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 transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Diana L. Day sold 3,300 shares of the stock in a transaction dated Thursday, May 14th. The stock was sold at an average price of $92.13, for a total transaction of $304,029.00. Following the transaction, the insider owned 22,870 shares of the company’s stock, valued at $2,107,013.10. This represents a 12.61% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 13,900 shares of company stock valued at $1,261,207 over the last three months. Corporate insiders own 0.31% of the company’s stock.

Analyst Ratings Changes

Several research analysts have recently issued reports on the company. Truist Financial set a $104.00 price target on Sempra Energy and gave the stock a “buy” rating in a research report on Monday, May 18th. Weiss Ratings reissued a “hold (c+)” rating on shares of Sempra Energy in a research report on Monday, April 20th. Wall Street Zen cut shares of Sempra Energy from a “hold” rating to a “sell” rating in a report on Saturday. 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. Finally, BMO Capital Markets lowered their price target on Sempra Energy from $105.00 to $103.00 and set an “outperform” rating for the company in a report on Monday, May 11th. One equities research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat, Sempra Energy presently has a consensus rating of “Moderate Buy” and an average price target of $102.75.

Sempra Energy Stock Performance

Shares of SRE opened at $93.01 on Monday. Sempra Energy has a one year low of $73.18 and a one year high of $101.04. The company has a market cap of $60.80 billion, a PE ratio of 31.53, a P/E/G ratio of 2.24 and a beta of 0.56. The stock has a 50-day moving average of $91.82 and a 200-day moving average of $91.92. 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 posted its earnings results on Thursday, May 7th. The utilities provider reported $1.51 EPS for the quarter, hitting the consensus estimate of $1.51. The company had revenue of $3.65 billion during 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 firm’s revenue for the quarter was down 3.9% on a year-over-year basis. During the same period in the previous year, the firm posted $1.44 earnings per share. 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, equities research analysts predict that Sempra Energy will post 5.11 EPS for the current fiscal year.

Sempra Energy Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Thursday, June 25th will be paid a $0.6575 dividend. This represents a $2.63 dividend on an annualized basis and a dividend yield of 2.8%. The ex-dividend date is Thursday, June 25th. Sempra Energy’s 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.