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

Posted by Maurice Goldstein on Mar 30th, 2025

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 Down 0.6 %

Shares of NYSE SRE opened at $69.65 on Friday. 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 market cap of $45.37 billion, a P/E ratio of 15.34, a P/E/G ratio of 2.19 and a beta of 0.76. Sempra has a 52 week low of $64.89 and a 52 week high of $95.77. The business has a 50-day simple moving average of $77.23 and a two-hundred day simple moving average of $83.13.

Sempra (NYSE:SRE – Get Free Report) last released its quarterly earnings data on Tuesday, February 25th. The utilities provider reported $1.50 EPS for the quarter, beating analysts’ consensus estimates of $1.47 by $0.03. The company had revenue of $3.76 billion during the quarter, compared to analyst estimates of $4.73 billion. Sempra had a net margin of 22.63% and a return on equity of 8.06%. Sempra’s revenue was up 7.6% compared to the same quarter last year. During the same period last year, the business earned $1.13 earnings per share. Research analysts anticipate that Sempra will post 4.76 earnings per share for the current fiscal year.

Sempra Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Thursday, March 20th will be paid a dividend of $0.645 per share. This represents a $2.58 dividend on an annualized basis and a dividend yield of 3.70%. This is a positive change from Sempra’s previous quarterly dividend of $0.62. The ex-dividend date of this dividend is Thursday, March 20th. Sempra’s payout ratio is presently 58.37%.

Insider Activity

In other Sempra news, Director James C. Yardley purchased 5,019 shares of Sempra stock in a transaction that occurred on Wednesday, March 12th. The shares were bought at an average price of $69.74 per share, for a total transaction of $350,025.06. Following the acquisition, the director now directly owns 5,019 shares in the company, valued at approximately $350,025.06. This trade represents a ∞ increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CEO Jeffrey W. Martin sold 49,737 shares of the stock in a transaction that occurred on Thursday, January 30th. The stock was sold at an average price of $82.94, for a total value of $4,125,186.78. Following the completion of the sale, the chief executive officer now owns 2 shares of the company’s stock, valued at approximately $165.88. This trade represents a 100.00 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders purchased 9,319 shares of company stock valued at $651,676. 0.24% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

Several research firms have recently weighed in on SRE. The Goldman Sachs Group downgraded Sempra from a “buy” rating to a “neutral” rating and lowered their price objective for the stock from $99.00 to $76.00 in a research report on Wednesday, February 26th. Wells Fargo & Company lowered their price target on Sempra from $88.00 to $85.00 and set an “overweight” rating on the stock in a report on Wednesday. Mizuho cut their price objective on Sempra from $92.00 to $76.00 and set an “outperform” rating for the company in a report on Wednesday, February 26th. BMO Capital Markets lowered their target price on shares of Sempra from $92.00 to $78.00 and set an “outperform” rating on the stock in a research note on Tuesday, March 4th. Finally, Jefferies Financial Group reissued a “hold” rating and issued a $77.00 price target (down previously from $96.00) on shares of Sempra in a research note on Monday, March 3rd. Five research 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.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $81.33.

Check Out Our Latest Report on SRE

Hedge Funds Weigh In On Sempra

Several institutional investors and hedge funds have recently made changes to their positions in the business. Norges Bank purchased a new stake in Sempra during the fourth quarter valued at about $1,535,000,000. Wellington Management Group LLP boosted its holdings in Sempra by 11.9% during the 4th quarter. Wellington Management Group LLP now owns 38,407,154 shares of the utilities provider’s stock valued at $3,369,076,000 after acquiring an additional 4,082,261 shares during the period. Invesco Ltd. grew its position in Sempra by 70.6% during the 4th quarter. Invesco Ltd. now owns 6,666,240 shares of the utilities provider’s stock worth $584,763,000 after acquiring an additional 2,758,037 shares during the last quarter. Janus Henderson Group PLC increased its stake in Sempra by 71.3% in the 4th quarter. Janus Henderson Group PLC now owns 4,651,923 shares of the utilities provider’s stock worth $408,069,000 after purchasing an additional 1,936,865 shares during the period. Finally, FMR LLC lifted its position in Sempra by 9.1% in the third quarter. FMR LLC now owns 18,978,605 shares of the utilities provider’s stock valued at $1,587,181,000 after purchasing an additional 1,582,653 shares during the last quarter. 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

(Get Free Report)

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.