Sempra SVP Larroque Alexander sells $126k in stock

Published 23/07/2025, 23:26
Sempra SVP Larroque Alexander sells $126k in stock

Sempra (NYSE:SRE) Senior Vice President, Corporate Affairs & HR, Larroque Alexander Lisa, sold 1,576 shares of common stock on July 23, 2025, at a price of $80.0, for a total transaction value of $126,080.

Following the transaction, Larroque Alexander Lisa directly owns 15,599.71 shares of Sempra. The company maintains a solid 3.25% dividend yield and has consistently paid dividends for 28 consecutive years. InvestingPro subscribers have access to 8 additional key insights about Sempra’s financial health and growth prospects through the comprehensive Pro Research Report.

In other recent news, Sempra Energy reported its first-quarter 2025 earnings, revealing an adjusted earnings per share (EPS) of $1.44, which exceeded analysts’ expectations of $1.35. However, the company’s revenue for the same period was $3.8 billion, falling short of the projected $3.87 billion. BMO Capital Markets responded by raising its price target for Sempra Energy to $81, maintaining an Outperform rating, influenced by the company’s strong EPS performance and reaffirmed guidance for 2025 and 2026. Additionally, UBS raised its price target to $82, citing strong growth at Sempra’s Oncor utility as a positive factor. Sempra is set to benefit from a new "unified tracker mechanism" in Texas, allowing for annual interim rate adjustments for Oncor Electric Delivery Company LLC. Jefferies also adjusted its outlook, raising the price target to $78, noting the importance of a successful sale of Strategic Infrastructure Partners, expected to bring in approximately $5 billion. These developments reflect a growing investor interest in Sempra Energy amidst strategic financial adjustments and legislative changes.

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