Representative Robert Bresnahan, Jr. (R-Pennsylvania) recently sold shares of Sempra (NYSE:SRE). In a filing disclosed on March 27th, the Representative disclosed that they had sold between $1,001 and $15,000 in Sempra stock on February 25th. The trade occurred in the Representative’s “JP MORGAN BROKERAGE ACCOUNT” account.
Representative Robert Bresnahan, Jr. also recently made the following trade(s):
- Purchased $1,001 – $15,000 in shares of Intuit (NASDAQ:INTU) on 3/7/2025.
- Sold $1,001 – $15,000 in shares of Tesla (NASDAQ:TSLA) on 3/6/2025.
- Purchased $1,001 – $15,000 in shares of SEA (NYSE:SE) on 3/5/2025.
- Sold $1,001 – $15,000 in shares of Credo Technology Group (NASDAQ:CRDO) on 3/4/2025.
- Purchased $1,001 – $15,000 in shares of Meta Platforms (NASDAQ:META) on 3/4/2025.
- Purchased $1,001 – $15,000 in shares of Twilio (NYSE:TWLO) on 3/4/2025.
- Sold $15,001 – $50,000 in shares of Alibaba Group (NYSE:BABA) on 3/4/2025.
- Purchased $1,001 – $15,000 in shares of Zoom Video Communications (NASDAQ:ZM) on 3/4/2025.
- Purchased $1,001 – $15,000 in shares of Intel (NASDAQ:INTC) on 3/3/2025.
- Purchased $1,001 – $15,000 in shares of Snowflake (NYSE:SNOW) on 3/3/2025.
Sempra Stock Performance
Shares of SRE traded down $0.41 during midday trading on Friday, reaching $69.65. 3,114,252 shares of the stock were exchanged, compared to its average volume of 3,567,979. The company has a market capitalization of $45.37 billion, a price-to-earnings ratio of 15.34, a PEG ratio of 2.19 and a beta of 0.76. Sempra has a twelve month low of $64.89 and a twelve month high of $95.77. The business’s 50-day moving average price is $77.23 and its 200 day moving average price is $83.13. The company has a debt-to-equity ratio of 0.89, a current ratio of 0.52 and a quick ratio of 0.47.
Sempra Increases Dividend
The firm also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Thursday, March 20th will be issued a $0.645 dividend. This represents a $2.58 dividend on an annualized basis and a yield of 3.70%. This is an increase from Sempra’s previous quarterly dividend of $0.62. The ex-dividend date of this dividend is Thursday, March 20th. Sempra’s dividend payout ratio is 58.37%.
Insider Activity at Sempra
In other Sempra news, Director Pablo Ferrero bought 2,600 shares of the business’s stock in a transaction on Monday, March 17th. The shares were purchased at an average price of $70.96 per share, with a total value of $184,496.00. Following the completion of the acquisition, the director now directly owns 15,649 shares of the company’s stock, valued at approximately $1,110,453.04. The trade was a 19.92 % increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, SVP Alexander Lisa Larroque sold 2,755 shares of the firm’s stock in a transaction on Tuesday, February 11th. The shares were sold at an average price of $81.93, for a total value of $225,717.15. Following the completion of the sale, the senior vice president now owns 13,905 shares in the company, valued at $1,139,236.65. The trade was a 16.54 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders bought 9,319 shares of company stock valued at $651,676. Corporate insiders own 0.24% of the company’s stock.
Analysts Set New Price Targets
Several research analysts have issued reports on SRE shares. BMO Capital Markets cut their price objective on Sempra from $92.00 to $78.00 and set an “outperform” rating for the company in a research report on Tuesday, March 4th. Mizuho dropped their price objective on Sempra from $92.00 to $76.00 and set an “outperform” rating for the company in a research note on Wednesday, February 26th. UBS Group downgraded Sempra from a “buy” rating to a “neutral” rating and decreased their target price for the stock from $95.00 to $78.00 in a research report on Wednesday, February 26th. Guggenheim dropped their price target on Sempra from $95.00 to $87.00 and set a “buy” rating for the company in a research report on Wednesday, February 26th. Finally, Jefferies Financial Group reiterated a “hold” rating and issued a $77.00 price objective (down from $96.00) on shares of Sempra in a research report on Monday, March 3rd. Five analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $81.33.
View Our Latest Stock Analysis on SRE
Institutional Investors Weigh In On Sempra
Several hedge funds have recently modified their holdings of SRE. Thrivent Financial for Lutherans grew its stake in shares of Sempra by 6.8% during the 3rd quarter. Thrivent Financial for Lutherans now owns 31,674 shares of the utilities provider’s stock valued at $2,649,000 after buying an additional 2,010 shares during the period. Quest Partners LLC acquired a new position in shares of Sempra in the 3rd quarter valued at about $81,000. Great Valley Advisor Group Inc. grew its holdings in shares of Sempra by 55.7% during the 3rd quarter. Great Valley Advisor Group Inc. now owns 7,072 shares of the utilities provider’s stock worth $592,000 after purchasing an additional 2,530 shares during the period. Cerity Partners LLC raised its holdings in Sempra by 8.7% in the third quarter. Cerity Partners LLC now owns 117,249 shares of the utilities provider’s stock valued at $9,808,000 after buying an additional 9,342 shares during the period. Finally, Dynamic Technology Lab Private Ltd acquired a new stake in shares of Sempra in the third quarter valued at about $466,000. 89.65% of the stock is owned by institutional investors and hedge funds.
About Representative Bresnahan
Rob Bresnahan Jr. (Republican Party) is a member of the U.S. House, representing Pennsylvania’s 8th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.
Bresnahan (Republican Party) is running for re-election to the U.S. House to represent Pennsylvania’s 8th Congressional District. He declared candidacy for the 2026 election.
Rob Bresnahan Jr. was born in Kingston, Pennsylvania. He earned a B.S. in business administration, management and operations from the University of Scranton in 2012. His career experience includes working as the chief financial officer and CEO of a family business, an electrical contracting company.
Sempra Company Profile
Sempra operates as an energy infrastructure company in the United States and internationally. It operates through three segments: Sempra California, Sempra Texas Utilities, and Sempra Infrastructure. The Sempra California segment provides electric services; and natural gas services to San Diego County.
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