Northwestern Mutual Wealth Management Co. Acquires 67,938 Shares of Sempra Energy $SRE
Northwestern Mutual Wealth Management Co. significantly increased its stake in Sempra Energy by 387% in the fourth quarter, purchasing 67,938 additional shares to bring its total holdings to 85,493 shares valued at approximately $7.55 million. Institutional ownership of Sempra remains high at 89.65%, with other funds also boosting their positions. Analysts maintain a "Moderate Buy" consensus for the stock with an average price target of $102.67, following Sempra's recent earnings report which met estimates and its reaffirmation of dividend payments.