AIA Group Ltd Raises Holdings in Sempra Energy $SRE

AIA Group Ltd lifted its position in Sempra Energy (NYSE:SRE) by 96.0% during the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 202,622 shares of the utilities provider’s stock after purchasing an additional 99,246 shares during the period. AIA Group Ltd’s holdings in Sempra Energy were worth $19,689,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in the company. Creative Capital Management Investments LLC increased its position 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 valued at $101,000 after acquiring an additional 112 shares during the period. Bell Investment Advisors Inc raised its stake in shares of Sempra Energy by 79.5% during the first 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 last quarter. Gulf International Bank UK Ltd boosted its holdings in shares of Sempra Energy by 0.4% during the fourth quarter. Gulf International Bank UK Ltd now owns 35,009 shares of the utilities provider’s stock worth $3,091,000 after purchasing an additional 123 shares during the period. Silvia Mccoll Wealth Management LLC boosted its holdings in shares of Sempra Energy by 1.4% during the fourth quarter. Silvia Mccoll Wealth Management LLC now owns 9,045 shares of the utilities provider’s stock worth $799,000 after purchasing an additional 124 shares during the period. Finally, Rothschild Investment LLC grew its stake in shares of Sempra Energy by 3.5% in 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 during the last quarter. 89.65% of the stock is owned by hedge funds and other institutional investors.

Sempra Energy Stock Down 0.9%

SRE stock opened at $92.31 on Friday. 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 has a 1-year low of $76.43 and a 1-year high of $101.04. The stock has a market capitalization of $60.34 billion, a P/E ratio of 31.29, a P/E/G ratio of 2.22 and a beta of 0.56. The business has a fifty day moving average price of $91.94 and a 200-day moving average price of $92.30.

Sempra Energy (NYSE:SRE) last released its quarterly earnings results on Thursday, May 7th. The utilities provider reported $1.51 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $1.51. Sempra Energy had a return on equity of 8.20% and a net margin of 14.31%.The business had revenue of $3.65 billion during the quarter, compared to the consensus estimate of $4.10 billion. During the same period in the previous year, the company posted $1.44 EPS. The business’s quarterly 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 forecast that Sempra Energy will post 5.12 earnings per share for the current fiscal year.

Sempra Energy Dividend Announcement

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

Insider Transactions at Sempra Energy

In related news, insider Diana L. Day sold 3,300 shares of the business’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 value of $304,029.00. Following the transaction, the insider directly owned 22,870 shares of the company’s stock, valued at approximately $2,107,013.10. The trade was a 12.61% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible 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 company’s stock in a transaction 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 transaction, the director owned 15,423 shares of the company’s stock, valued at approximately $1,380,821.19. This represents a 14.43% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 13,900 shares of company stock valued at $1,261,207 over the last 90 days. Company insiders own 0.31% of the company’s stock.

Analyst Ratings Changes

A number of research analysts recently issued reports on the company. Jefferies Financial Group set a $101.00 price target on Sempra Energy in a report on Thursday. BMO Capital Markets dropped their price objective on Sempra Energy from $105.00 to $103.00 and set an “outperform” rating for the company in a report on Monday, May 11th. TD Cowen initiated coverage on Sempra Energy in a research report on Wednesday, July 8th. They issued a “buy” rating on the stock. Truist Financial set a $104.00 target price on Sempra Energy and gave the company a “buy” rating in a research note on Monday, May 18th. Finally, Morgan Stanley restated an “overweight” rating and set a $105.00 target price on shares of Sempra Energy in a report on Wednesday, June 24th. One investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $104.08.

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.