Rep. Robert Bresnahan, Jr. Purchases Shares of Sempra (NYSE:SRE)

Representative Robert Bresnahan, Jr. (R-Pennsylvania) recently bought shares of Sempra NYSE: SRE. In a filing disclosed on May 08th, the Representative disclosed that they had bought between $1,001 and $15,000 in Sempra stock on April 8th. The trade occurred in the Representative's "JP MORGAN BROKERAGE ACCOUNT" account.

Representative Robert Bresnahan, Jr. also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of Meta Platforms NASDAQ: META on 4/17/2025.
• Sold $1,001 - $15,000 in shares of Meta Platforms NASDAQ: META on 4/16/2025.
• Sold $1,001 - $15,000 in shares of Western Digital NASDAQ: WDC on 4/11/2025.
• Purchased $1,001 - $15,000 in shares of Alphabet NASDAQ: GOOG on 4/11/2025.
• Purchased $1,001 - $15,000 in shares of Texas Instruments NASDAQ: TXN on 4/11/2025.
• Purchased $1,001 - $15,000 in shares of NVIDIA NASDAQ: NVDA on 4/11/2025.
• Sold $1,001 - $15,000 in shares of Western Digital NASDAQ: WDC on 4/10/2025.
• Sold $1,001 - $15,000 in shares of DexCom NASDAQ: DXCM on 4/8/2025.
• Sold $1,001 - $15,000 in shares of Invesco NYSE: IVZ on 4/8/2025.
• Sold $1,001 - $15,000 in shares of Generac NYSE: GNRC on 4/8/2025.

Sempra Price Performance

NYSE:SRE traded up $0.40 during mid-day trading on Thursday, reaching $75.26. 222,214 shares of the company were exchanged, compared to its average volume of 3,724,683. The stock has a market cap of $49.06 billion, a PE ratio of 16.60, a PEG ratio of 2.19 and a beta of 0.63. Sempra has a 12 month low of $61.90 and a 12 month high of $95.77. The company has a quick ratio of 0.47, a current ratio of 0.52 and a debt-to-equity ratio of 0.89. The company has a fifty day moving average of $71.20 and a 200 day moving average of $80.33.

Sempra (NYSE:SRE - Get Free Report) last announced its earnings results on Thursday, May 8th. The utilities provider reported $1.44 EPS for the quarter, topping the consensus estimate of $1.32 by $0.12. The business had revenue of $3.80 billion during the quarter, compared to analysts' expectations of $3.90 billion. Sempra had a net margin of 22.63% and a return on equity of 8.06%. The firm's revenue was up 4.5% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.34 earnings per share. On average, research analysts anticipate that Sempra will post 4.76 EPS for the current fiscal year.

Sempra Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, April 15th. Investors of record on Thursday, March 20th were given a dividend of $0.645 per share. The ex-dividend date was Thursday, March 20th. This represents a $2.58 dividend on an annualized basis and a dividend yield of 3.43%. This is a boost from Sempra's previous quarterly dividend of $0.62. Sempra's dividend payout ratio (DPR) is 56.70%.

Analyst Upgrades and Downgrades

SRE has been the topic of a number of research analyst reports. BMO Capital Markets increased their price objective on shares of Sempra from $78.00 to $81.00 and gave the stock an "outperform" rating in a research report on Monday. Morgan Stanley set a $89.00 target price on Sempra and gave the stock an "overweight" rating in a research report on Wednesday, April 23rd. Barclays cut Sempra from an "overweight" rating to an "equal weight" rating and dropped their price objective for the stock from $95.00 to $72.00 in a report on Thursday, February 27th. Jefferies Financial Group lowered their price target on Sempra from $77.00 to $75.00 and set a "hold" rating on the stock in a report on Tuesday, April 15th. Finally, UBS Group downgraded shares of Sempra from a "buy" rating to a "neutral" rating and dropped their price objective for the stock from $95.00 to $78.00 in a report on Wednesday, February 26th. Six research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus price target of $80.77.

Institutional Trading of Sempra

Several institutional investors and hedge funds have recently modified their holdings of the stock. Geneos Wealth Management Inc. lifted its stake in shares of Sempra by 633.4% during the 4th quarter. Geneos Wealth Management Inc. now owns 29,917 shares of the utilities provider's stock worth $2,624,000 after purchasing an additional 25,838 shares during the last quarter. L & S Advisors Inc grew its stake in Sempra by 52.6% in the 4th quarter. L & S Advisors Inc now owns 41,601 shares of the utilities provider's stock valued at $3,649,000 after acquiring an additional 14,338 shares during the period. JPMorgan Chase & Co. increased its holdings in shares of Sempra by 8.8% in the third quarter. JPMorgan Chase & Co. now owns 3,428,132 shares of the utilities provider's stock valued at $286,695,000 after purchasing an additional 278,183 shares during the last quarter. Empower Advisory Group LLC boosted its stake in Sempra by 2.6% during the fourth quarter. Empower Advisory Group LLC now owns 1,071,091 shares of the utilities provider's stock worth $93,956,000 after buying an additional 26,821 shares during the last quarter. Finally, Principal Securities Inc. increased its stake in shares of Sempra by 11.7% in the 4th quarter. Principal Securities Inc. now owns 9,479 shares of the utilities provider's stock worth $831,000 after acquiring an additional 990 shares during the last quarter. Institutional investors own 89.65% of the company's stock.

Insider Transactions at Sempra

In other Sempra news, insider Diana L. Day sold 8,015 shares of the business's stock in a transaction that occurred on Wednesday, May 14th. The shares were sold at an average price of $74.26, for a total transaction of $595,193.90. Following the completion of the transaction, the insider now owns 16,969 shares in the company, valued at $1,260,117.94. The trade was a 32.08% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Cynthia J. Warner acquired 700 shares of the firm's stock in a transaction on Thursday, March 6th. The stock was bought at an average price of $70.65 per share, with a total value of $49,455.00. Following the purchase, the director now directly owns 8,759 shares of the company's stock, valued at $618,823.35. This represents a 8.69% increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders have purchased a total of 9,319 shares of company stock worth $651,676 in the last quarter. Company insiders own 0.27% of the company's stock.

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.

About Sempra

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.