Assetmark Inc. Reduces Position in Sempra Energy $SRE

Assetmark Inc. trimmed its holdings in Sempra Energy (NYSE:SRE) by 1.5% in the 1st quarter, according to its most recent filing with the SEC. The institutional investor owned 413,801 shares of the utilities provider’s stock after selling 6,509 shares during the quarter. Assetmark Inc. owned about 0.06% of Sempra Energy worth $40,209,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of the stock. Creative Capital Management Investments LLC raised its stake in shares of Sempra Energy by 12.1% in the first quarter. Creative Capital Management Investments LLC now owns 1,040 shares of the utilities provider’s stock worth $101,000 after buying an additional 112 shares during the period. Bell Investment Advisors Inc grew its stake in shares of Sempra Energy by 79.5% during the 1st quarter. Bell Investment Advisors Inc now owns 262 shares of the utilities provider’s stock valued at $25,000 after acquiring an additional 116 shares during the period. Gulf International Bank UK Ltd increased its holdings 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 acquiring an additional 123 shares in the last quarter. Silvia Mccoll Wealth Management LLC lifted 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 in the last quarter. Finally, Rothschild Investment LLC grew its position in shares of Sempra Energy by 3.5% during the fourth quarter. Rothschild Investment LLC now owns 3,666 shares of the utilities provider’s stock worth $324,000 after purchasing an additional 124 shares in the last quarter. Institutional investors own 89.65% of the company’s stock.

Insider Buying and Selling at Sempra Energy

In other Sempra Energy news, 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 transaction of $304,029.00. Following the transaction, the insider directly owned 22,870 shares in the company, valued at $2,107,013.10. This represents a 12.61% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Pablo Ferrero sold 2,600 shares of the stock in a transaction that occurred on Monday, May 18th. The stock was 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 in the company, valued at $1,380,821.19. The trade was a 14.43% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 13,900 shares of company stock valued at $1,261,207 in the last ninety days. Insiders own 0.31% of the company’s stock.

Sempra Energy Stock Down 0.9%

Shares of NYSE SRE opened at $92.31 on Friday. The firm’s 50-day moving average is $91.94 and its two-hundred day moving average is $92.30. The company has a market capitalization of $60.34 billion, a PE ratio of 31.29, a price-to-earnings-growth ratio of 2.24 and a beta of 0.56. Sempra Energy has a 12-month low of $76.43 and a 12-month high of $101.04. 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 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 last year, the business posted $1.44 earnings per share. Sempra Energy’s revenue was down 3.9% compared to the same quarter last year. 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. Equities analysts anticipate that Sempra Energy will post 5.12 EPS for the current fiscal year.

Sempra Energy Announces Dividend

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

Analysts Set New Price Targets

A number of equities research analysts have issued reports on the company. Wall Street Zen downgraded Sempra Energy from a “hold” rating to a “sell” rating in a research report on Saturday, July 4th. Wells Fargo & Company restated an “overweight” rating and set a $118.00 price target on shares of Sempra Energy in a research note on Tuesday, April 21st. Barclays reduced their target price on shares of Sempra Energy from $105.00 to $103.00 and set an “overweight” rating for the company in a report on Thursday, July 9th. Morgan Stanley reaffirmed an “overweight” rating and issued a $105.00 price objective on shares of Sempra Energy in a report on Wednesday, June 24th. Finally, BMO Capital Markets cut their target price on shares of Sempra Energy from $105.00 to $103.00 and set an “outperform” rating for the company in a research note on Monday, May 11th. One research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $104.08.

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.