Pictet Asset Management Holding SA Purchases 606,600 Shares of Sempra Energy $SRE

08 Nov 2026, 06:07 by Amy Steele · The Cerbat Gem

Pictet Asset Management Holding SA lifted its position in Sempra Energy (NYSE:SRE – Free Report) by 14.8% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 4,700,225 shares of the utilities provider’s stock after purchasing an additional 606,600 shares during the quarter. Pictet Asset Management Holding SA’s holdings in Sempra Energy were worth $366,430,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Asset Dedication LLC purchased a new stake in shares of Sempra Energy during the 3rd quarter worth approximately $26,000. Prudent Man Investment Management Inc. lifted its holdings in shares of Sempra Energy by 89.7% in the 3rd quarter. Prudent Man Investment Management Inc. now owns 569 shares of the utilities provider’s stock worth $44,000 after acquiring an additional 269 shares during the last quarter. Alps Advisors Inc. bought a new stake in Sempra Energy in the third quarter worth about $4,192,000. Ashton Thomas Private Wealth LLC lifted its stake in shares of Sempra Energy by 4.0% during the 3rd quarter. Ashton Thomas Private Wealth LLC now owns 4,040 shares of the utilities provider’s stock worth $315,000 after acquiring an additional 156 shares during the last quarter. Finally, Alta Advisers Ltd purchased a new stake in shares of Sempra Energy during the third quarter valued at $360,000. 89.65% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of equities analysts have recently commented on SRE shares. Morgan Stanley reduced their target price on shares of Sempra Energy from $104.00 to $100.00 and set an “overweight” rating on the stock in a research report on Friday, September 18th. LADENBURG THALM/SH SH lowered their price target on Sempra Energy from $98.00 to $89.50 and set a “buy” rating for the company in a report on Tuesday, September 22nd. Jefferies Financial Group upgraded Sempra Energy from a “hold” rating to a “buy” rating and lowered their price target for the company from $101.00 to $97.00 in a report on Tuesday, September 1st. Mizuho cut Sempra Energy from an “outperform” rating to a “neutral” rating and dropped their price objective for the stock from $104.00 to $84.00 in a research note on Monday, August 31st. Finally, JPMorgan Chase & Co. reduced their price objective on Sempra Energy from $102.00 to $99.00 and set an “overweight” rating on the stock in a report on Monday, October 12th. Fourteen research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. According to MarketBeat.com, Sempra Energy currently has a consensus rating of “Moderate Buy” and a consensus target price of $99.47.

View Our Latest Stock Analysis on SRE

Sempra Energy Trading Down 2.1%

Shares of NYSE SRE opened at $78.16 on Friday. The stock has a market capitalization of $51.11 billion, a P/E ratio of 16.74, a price-to-earnings-growth ratio of 2.15 and a beta of 0.55. The business has a fifty day moving average price of $82.04 and a 200 day moving average price of $89.23. Sempra Energy has a 1-year low of $76.21 and a 1-year high of $101.04. The company has a debt-to-equity ratio of 0.77, a current ratio of 1.61 and a quick ratio of 1.62.

Sempra Energy (NYSE:SRE – Get Free Report) last released its quarterly earnings results on Thursday, November 5th. The utilities provider reported $1.40 earnings per share for the quarter, beating analysts’ consensus estimates of $1.22 by $0.18. The business had revenue of $3.19 billion for the quarter, compared to analysts’ expectations of $3.31 billion. Sempra Energy had a net margin of 22.53% and a return on equity of 8.84%. The company’s revenue was up 1.3% compared to the same quarter last year. During the same period last year, the business earned $1.11 EPS. Sempra Energy has set its FY 2027 guidance at 5.100-5.700 EPS and its FY 2026 guidance at 4.800-5.300 EPS. Equities research analysts expect that Sempra Energy will post 5.14 EPS for the current fiscal year.

Sempra Energy Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, October 15th. Shareholders of record on Thursday, September 24th were issued a $0.6575 dividend. This represents a $2.63 annualized dividend and a yield of 3.4%. The ex-dividend date of this dividend was Thursday, September 24th. Sempra Energy’s dividend payout ratio (DPR) is currently 76.23%.

Key Sempra Energy News

Here are the key news stories impacting Sempra Energy this week:

Positive Sentiment: Third-quarter adjusted EPS rose to $1.40 from $1.11 a year earlier, beating the $1.22 analyst consensus. Sempra said it expects to reach the high end of its 2026 adjusted EPS guidance range. Sempra third-quarter results
Positive Sentiment: Oncor’s third-quarter net income increased to $572 million from $380 million, supported by new base rates, customer growth and higher consumption. Sempra also announced an expected 20% increase to Oncor’s base capital plan, signaling additional investment in its regulated utility business. Oncor third-quarter results
Neutral Sentiment: Sempra’s 2026 EPS guidance is $4.80–$5.30, and its 2027 range is $5.10–$5.70. Both range midpoints are below consensus estimates, although the company expects to reach the high end of its 2026 range and both upper bounds exceed consensus.
Negative Sentiment: Revenue of $3.19 billion fell short of the $3.31 billion analyst estimate, despite increasing 1.3% year over year. This weaker top-line result may have tempered the positive reaction to the EPS beat. Sempra Q3 earnings and revenue

About Sempra Energy

(Free Report)

Sempra is a North American energy infrastructure company headquartered in San Diego, California. Formed in 1998 through the merger of Pacific Enterprises and Enova Corporation, the company develops and operates regulated utilities and energy infrastructure.

In California, Sempra’s utilities include San Diego Gas & Electric and Southern California Gas Company, which provide electricity and natural gas services to homes and businesses. In Texas, its operations include an ownership interest in Oncor, an electric transmission and distribution company.