Sempra Energy (SRE)

The New Mexico Educational Retirement Board recently acquired 32,482 shares of Sempra Energy, valued at approximately $3.0 million, during the second quarter. This move is part of broader institutional investment, with hedge funds and institutions holding 89.65% of the company's stock. Sempra Energy maintains a "Moderate Buy" consensus rating from analysts, despite mixed financial results where it exceeded EPS estimates but missed revenue targets.

Meiji Yasuda Life Insurance Co. has acquired 17,951 shares of Sempra Energy (NYSE:SRE) valued at approximately $1.66 million during the second quarter. Institutional investors now collectively own 89.65% of Sempra’s outstanding shares. Despite some recent price target reductions, analysts maintain a "Moderate Buy" consensus rating with an average price target of $103.62 for Sempra Energy.

The Public Employees Retirement System of Ohio has acquired 251,752 shares of Sempra Energy, valued at approximately $23.34 million. This purchase highlights continued institutional interest in Sempra Energy, with analysts maintaining a "Moderate Buy" rating and a price target of $103.62, despite recent quarterly revenue falling short of expectations. The article also notes insider trading activity and Sempra's recent financial performance.

Sempra's Port Arthur LNG unit has initiated federal permitting for its proposed Port Arthur LNG North development in Jefferson County, Texas. This expansion could add up to four liquefaction trains, three LNG storage tanks, and two marine berths, potentially increasing export capacity by 26-27 MMtpy, with exports possibly beginning in the second half of 2034. The project is currently in the permitting phase, with a final investment decision pending commercial agreements, further permits, and financing.

Equitable Holdings Inc. recently acquired 29,171 shares of Sempra Energy, valued at approximately $2.7 million. This investment is part of broader institutional interest, with BlackRock Inc., Norges Bank, and Bank of America Corp DE also making significant investments in Sempra Energy. The company reported quarterly earnings exceeding expectations but revenue slightly below estimates, while analysts maintain a "Moderate Buy" rating with an average price target of $103.62.