Rep. Robert Bresnahan, Jr. Buys Sempra (NYSE:SRE) Stock

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 Trading Down 0.1%

Shares of SRE stock traded down $0.07 on Tuesday, hitting $75.60. The stock had a trading volume of 475,913 shares, compared to its average volume of 5,152,879. Sempra has a twelve month low of $61.90 and a twelve month high of $95.77. The company has a current ratio of 0.52, a quick ratio of 0.47 and a debt-to-equity ratio of 0.89. The firm has a market cap of $49.28 billion, a P/E ratio of 16.65, a PEG ratio of 2.19 and a beta of 0.63. The company has a fifty day moving average price of $70.98 and a two-hundred day moving average price of $80.41.

Sempra (NYSE:SRE - Get Free Report) last issued its quarterly earnings data on Thursday, May 8th. The utilities provider reported $1.44 EPS for the quarter, topping analysts' consensus estimates of $1.32 by $0.12. The business had revenue of $3.80 billion for the quarter, compared to analyst estimates of $3.90 billion. Sempra had a net margin of 22.63% and a return on equity of 8.06%. The firm's quarterly revenue was up 4.5% on a year-over-year basis. During the same period last year, the business posted $1.34 earnings per share. As a group, analysts forecast that Sempra will post 4.76 earnings per share for the current fiscal year.

Sempra Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, April 15th. Stockholders of record on Thursday, March 20th were paid a $0.645 dividend. The ex-dividend date was Thursday, March 20th. This is a boost from Sempra's previous quarterly dividend of $0.62. This represents a $2.58 dividend on an annualized basis and a dividend yield of 3.41%. Sempra's dividend payout ratio is 56.70%.

Analyst Ratings Changes

SRE has been the subject of several recent research reports. BMO Capital Markets increased their price target on Sempra from $78.00 to $81.00 and gave the company an "outperform" rating in a research report on Monday. UBS Group cut Sempra from a "buy" rating to a "neutral" rating and lowered their price objective for the stock from $95.00 to $78.00 in a research report on Wednesday, February 26th. Citigroup dropped their price target on shares of Sempra from $93.00 to $70.00 and set a "neutral" rating for the company in a research report on Wednesday, April 9th. Guggenheim reduced their price target on shares of Sempra from $95.00 to $87.00 and set a "buy" rating on the stock in a research report on Wednesday, February 26th. Finally, Wells Fargo & Company reduced their price target on shares of Sempra from $88.00 to $85.00 and set an "overweight" rating on the stock in a research note on Wednesday, March 26th. Six investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company's stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $80.77.

Insider Activity at Sempra

In other Sempra news, EVP Justin Christopher Bird sold 4,817 shares of the company's stock in a transaction dated Tuesday, April 1st. The stock was sold at an average price of $71.23, for a total value of $343,114.91. Following the transaction, the executive vice president now directly owns 19,778 shares in the company, valued at $1,408,786.94. This represents a 19.59% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Michael N. Mears bought 1,000 shares of the stock in a transaction that occurred on Monday, March 10th. The stock was bought at an average cost of $67.70 per share, for a total transaction of $67,700.00. Following the completion of the purchase, the director now directly owns 5,000 shares of the company's stock, valued at $338,500. This represents a 25.00% increase in their ownership of the stock. The disclosure for this purchase can be found here. Over the last quarter, insiders have bought 9,319 shares of company stock worth $651,676. Insiders own 0.27% of the company's stock.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in SRE. Crews Bank & Trust acquired a new position in Sempra in the fourth quarter valued at approximately $26,000. Prudent Man Investment Management Inc. purchased a new stake in shares of Sempra in the fourth quarter valued at about $26,000. Synergy Investment Management LLC bought a new position in shares of Sempra in the fourth quarter valued at approximately $29,000. TCTC Holdings LLC increased its position in shares of Sempra by 265.2% during the 4th quarter. TCTC Holdings LLC now owns 336 shares of the utilities provider's stock valued at $29,000 after purchasing an additional 244 shares during the last quarter. Finally, Meeder Asset Management Inc. purchased a new position in Sempra in the fourth quarter valued at about $29,000. Institutional investors own 89.65% 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.

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.