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Director Kevin C. Sagara of Sempra (NYSE:SRE), a $54.5 billion utility company with a strong track record of dividend payments, sold a total of 28,864 shares of common stock on September 15, 2025, for approximately $2.43 million. According to InvestingPro analysis, Sempra has maintained dividend payments for 28 consecutive years and currently trades near its Fair Value.
The sales were executed in two separate transactions. In the first, 11,640 shares were sold at a weighted average price of $83.76, with individual prices ranging from $83.37 to $84.365. The second transaction involved the sale of 17,224 shares at a weighted average price of $84.51, with individual prices ranging from $84.37 to $85.20. The stock has shown relatively low volatility, with a beta of 0.66, making it a potentially stable investment option.
Following these transactions, Sagara directly owns 15,475.07 shares of Sempra common stock. Additionally, Sagara indirectly owns 2,404.4654 shares through a 401(k) savings plan.
The sales were conducted under a pre-arranged trading plan established on March 19, 2025, in accordance with Rule 10b5-1(c) of the Securities Exchange Act of 1934.
In other recent news, Sempra reported its second-quarter 2025 earnings with adjusted earnings per share (EPS) of $0.89, slightly surpassing analyst estimates of $0.87. However, the company’s revenue for the quarter was $3 billion, falling short of the anticipated $3.1 billion. Despite the revenue miss, Sempra maintained its full-year 2025 EPS guidance, indicating confidence in its strategic plans. Additionally, Sempra Infrastructure, a subsidiary of Sempra, entered into a 20-year agreement with EQT Corporation for the supply of 2 million tonnes per annum of liquefied natural gas from the Port Arthur LNG Phase 2 project in Texas. The agreement is structured on a free-on-board basis with pricing indexed to Henry Hub. Furthermore, California lawmakers have reached a preliminary agreement to boost the state’s wildfire utility fund by approximately $18 billion, which will be split equally between ratepayers and utility shareholders, affecting companies like Sempra. These developments highlight the company’s ongoing strategic initiatives and its involvement in significant projects and agreements.
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