Fideuram Intesa Sanpaolo Private Banking S.P.A. Has $4.63 Million Stock Holdings in Sempra Energy $SRE

Fideuram Intesa Sanpaolo Private Banking S.P.A. increased its position in shares of Sempra Energy (NYSE:SRE) by 28.0% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 47,674 shares of the utilities provider’s stock after acquiring an additional 10,423 shares during the quarter. Fideuram Intesa Sanpaolo Private Banking S.P.A.’s holdings in Sempra Energy were worth $4,632,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of SRE. Norges Bank bought a new position in shares of Sempra Energy during the fourth quarter worth approximately $914,924,000. Capital International Investors boosted its stake in Sempra Energy by 9.2% in the 3rd quarter. Capital International Investors now owns 54,071,206 shares of the utilities provider’s stock valued at $4,865,115,000 after purchasing an additional 4,572,312 shares during the period. Morgan Stanley boosted its stake in 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 purchasing an additional 3,250,783 shares during the period. Invesco Ltd. grew its holdings in Sempra Energy by 40.1% in the 3rd quarter. Invesco Ltd. now owns 10,419,115 shares of the utilities provider’s stock valued at $937,512,000 after buying an additional 2,984,409 shares in the last quarter. Finally, National Pension Service increased its position in Sempra Energy by 246.4% during the 4th quarter. National Pension Service now owns 2,826,999 shares of the utilities provider’s stock worth $249,596,000 after buying an additional 2,010,853 shares during the period. Institutional investors and hedge funds own 89.65% of the company’s stock.

Analyst Upgrades and Downgrades

SRE has been the subject of a number of recent research reports. Barclays reissued an “overweight” rating and issued a $105.00 target price (up from $95.00) on shares of Sempra Energy in a research report on Wednesday, April 15th. UBS Group reaffirmed a “neutral” rating and set a $100.00 price target (up from $96.00) on shares of Sempra Energy in a research report on Friday, March 6th. JPMorgan Chase & Co. lifted their price objective on shares of Sempra Energy from $98.00 to $106.00 and gave the stock an “overweight” rating in a research note on Wednesday, March 18th. Morgan Stanley reissued an “overweight” rating and issued a $105.00 price objective on shares of Sempra Energy in a report on Wednesday, June 24th. Finally, Truist Financial set a $104.00 target price on shares of Sempra Energy and gave the stock a “buy” rating in a research report on Monday, May 18th. One equities research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $102.75.

Sempra Energy Stock Down 0.1%

SRE stock opened at $93.01 on Friday. Sempra Energy has a 52 week low of $73.18 and a 52 week high of $101.04. The business has a 50-day simple moving average of $91.82 and a 200 day simple moving average of $91.90. 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 market cap of $60.80 billion, a PE ratio of 31.53, a price-to-earnings-growth ratio of 2.24 and a beta of 0.56.

Sempra Energy (NYSE:SRE) last released its earnings results on Thursday, May 7th. The utilities provider reported $1.51 EPS for the quarter, meeting the consensus estimate of $1.51. Sempra Energy had a net margin of 14.31% and a return on equity of 8.20%. The firm had revenue of $3.65 billion for the quarter, compared to analyst estimates of $4.10 billion. During the same period last year, the firm earned $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. Sell-side analysts anticipate that Sempra Energy will post 5.11 EPS for the current fiscal year.

Sempra Energy Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Thursday, June 25th will be issued a dividend of $0.6575 per share. 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 89.15%.

Insider Buying and Selling

In related news, Director Pablo Ferrero sold 2,600 shares of the company’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 value of $232,778.00. Following the sale, the director directly owned 15,423 shares in the company, valued at $1,380,821.19. This represents a 14.43% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, insider Diana L. Day sold 3,300 shares of the firm’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 transaction, the insider 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 SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 13,900 shares of company stock valued at $1,261,207 over the last ninety days. 0.31% of the stock is owned by company insiders.

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.