Jennison Associates LLC Has $190.39 Million Holdings in Sempra Energy $SRE

30 Apr 2026, 18:32 by Teresa Graham · The Cerbat Gem

Jennison Associates LLC lessened its holdings in shares of Sempra Energy (NYSE:SRE – Free Report) by 1.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 2,156,356 shares of the utilities provider’s stock after selling 40,488 shares during the quarter. Jennison Associates LLC’s holdings in Sempra Energy were worth $190,385,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of SRE. Mirae Asset Global Investments Co. Ltd. raised its position in shares of Sempra Energy by 19.4% in the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 85,334 shares of the utilities provider’s stock valued at $7,678,000 after purchasing an additional 13,864 shares during the period. Peak Financial Advisors LLC raised its position in shares of Sempra Energy by 190.1% in the fourth quarter. Peak Financial Advisors LLC now owns 26,552 shares of the utilities provider’s stock valued at $2,344,000 after purchasing an additional 17,400 shares during the period. Lansforsakringar Fondforvaltning AB publ raised its position in shares of Sempra Energy by 5.7% in the third quarter. Lansforsakringar Fondforvaltning AB publ now owns 203,402 shares of the utilities provider’s stock valued at $18,302,000 after purchasing an additional 11,020 shares during the period. Duff & Phelps Investment Management Co. raised its position in shares of Sempra Energy by 5.2% in the third quarter. Duff & Phelps Investment Management Co. now owns 2,143,205 shares of the utilities provider’s stock valued at $192,846,000 after purchasing an additional 106,380 shares during the period. Finally, ANTIPODES PARTNERS Ltd bought a new position in shares of Sempra Energy in the third quarter valued at about $150,993,000. Institutional investors and hedge funds own 89.65% of the company’s stock.

Analyst Ratings Changes

Several brokerages have recently weighed in on SRE. Wall Street Zen lowered shares of Sempra Energy from a “hold” rating to a “sell” rating in a research report on Sunday, March 29th. Wells Fargo & Company reissued an “overweight” rating and issued a $118.00 price objective on shares of Sempra Energy in a research report on Tuesday, April 21st. Argus raised shares of Sempra Energy from a “hold” rating to a “buy” rating in a research report on Wednesday, March 4th. Weiss Ratings reissued a “hold (c+)” rating on shares of Sempra Energy in a research report on Monday, April 20th. Finally, JPMorgan Chase & Co. increased their price objective on shares of Sempra Energy from $98.00 to $106.00 and gave the company an “overweight” rating in a research report on Wednesday, March 18th. Two investment analysts have rated the stock with a Strong Buy rating, eight have given a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $102.67.

Check Out Our Latest Stock Analysis on Sempra Energy

Sempra Energy Price Performance

NYSE:SRE opened at $93.84 on Thursday. Sempra Energy has a 52 week low of $73.06 and a 52 week high of $101.04. The firm has a market cap of $61.31 billion, a price-to-earnings ratio of 34.00, a P/E/G ratio of 3.50 and a beta of 0.67. The firm’s 50-day simple moving average is $95.09 and its 200 day simple moving average is $91.94. The company has a debt-to-equity ratio of 0.75, a quick ratio of 1.57 and a current ratio of 1.59.

Sempra Energy (NYSE:SRE – Get Free Report) last released its quarterly earnings results on Thursday, February 26th. The utilities provider reported $1.28 EPS for the quarter, topping analysts’ consensus estimates of $1.12 by $0.16. Sempra Energy had a net margin of 13.27% and a return on equity of 8.22%. The business had revenue of $3.75 billion for the quarter, compared to analyst estimates of $3.82 billion. During the same period last year, the firm earned $1.50 earnings per share. Sempra Energy’s revenue for the quarter was down .2% compared to the same quarter last year. As a group, sell-side analysts predict that Sempra Energy will post 5.11 earnings per share for the current year.

Sempra Energy Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, April 15th. Investors of record on Thursday, March 19th were given a dividend of $0.6575 per share. This is a positive change from Sempra Energy’s previous quarterly dividend of $0.65. 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, March 19th. Sempra Energy’s payout ratio is 95.29%.

Insider Buying and Selling at Sempra Energy

In other Sempra Energy news, Director Cynthia J. Warner purchased 2,500 shares of the stock in a transaction that occurred on Wednesday, March 11th. The shares were acquired at an average cost of $92.95 per share, with a total value of $232,375.00. Following the completion of the transaction, the director owned 11,275 shares in the company, valued at $1,048,011.25. The trade was a 28.49% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Karen L. Sedgwick sold 4,872 shares of the firm’s stock in a transaction dated Monday, March 9th. The stock was sold at an average price of $92.58, for a total transaction of $451,049.76. Following the transaction, the chief financial officer directly owned 39,029 shares in the company, valued at approximately $3,613,304.82. This represents a 11.10% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders purchased 6,192 shares of company stock valued at $576,979 and sold 7,539 shares valued at $706,906. 0.31% of the stock is owned by insiders.

Sempra Energy Profile

(Free Report)

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.