American Century Companies Inc. reduced its stake in Spire Inc. (NYSE:SR – Free Report) by 18.0% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 2,697,556 shares of the utilities provider’s stock after selling 592,838 shares during the quarter. American Century Companies Inc. owned about 4.57% of Spire worth $219,905,000 at the end of the most recent reporting period.
Several other hedge funds have also recently bought and sold shares of the stock. Aster Capital Management DIFC Ltd bought a new stake in shares of Spire during the third quarter worth approximately $40,000. Choreo LLC lifted its holdings in Spire by 41.3% during the 3rd quarter. Choreo LLC now owns 8,954 shares of the utilities provider’s stock worth $738,000 after purchasing an additional 2,618 shares during the last quarter. US Bancorp DE lifted its holdings in Spire by 7.7% during the 3rd quarter. US Bancorp DE now owns 21,580 shares of the utilities provider’s stock worth $1,759,000 after purchasing an additional 1,545 shares during the last quarter. Magellan Asset Management Ltd boosted its stake in Spire by 5.8% in the 3rd quarter. Magellan Asset Management Ltd now owns 43,042 shares of the utilities provider’s stock valued at $3,509,000 after purchasing an additional 2,369 shares during the period. Finally, AXQ Capital LP acquired a new position in Spire in the 3rd quarter valued at $572,000. 87.36% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
A number of research firms have recently weighed in on SR. Mizuho lifted their target price on Spire from $93.00 to $96.00 and gave the stock an “outperform” rating in a report on Thursday, November 20th. Stifel Nicolaus upped their price target on shares of Spire from $81.00 to $87.00 and gave the company a “hold” rating in a research note on Wednesday, January 28th. Morgan Stanley reiterated an “overweight” rating and issued a $100.00 price objective on shares of Spire in a research note on Friday, February 20th. Weiss Ratings raised shares of Spire from a “hold (c+)” rating to a “buy (b-)” rating in a report on Thursday, February 5th. Finally, UBS Group increased their target price on shares of Spire from $95.00 to $100.00 and gave the stock a “buy” rating in a research report on Wednesday, December 17th. Two investment analysts have rated the stock with a Strong Buy rating, six have assigned a Buy rating and four have issued a Hold rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $90.70.
Spire Stock Performance
Shares of NYSE:SR opened at $91.57 on Friday. Spire Inc. has a 1 year low of $69.94 and a 1 year high of $92.95. The stock has a market capitalization of $5.41 billion, a price-to-earnings ratio of 19.91, a price-to-earnings-growth ratio of 1.44 and a beta of 0.67. The company has a debt-to-equity ratio of 1.39, a current ratio of 0.61 and a quick ratio of 0.45. The company’s 50 day simple moving average is $85.40 and its 200 day simple moving average is $83.37.
Spire (NYSE:SR – Get Free Report) last issued its earnings results on Tuesday, February 3rd. The utilities provider reported $1.77 earnings per share for the quarter, beating analysts’ consensus estimates of $1.62 by $0.15. Spire had a return on equity of 9.43% and a net margin of 10.95%.The firm had revenue of $762.20 million for the quarter, compared to the consensus estimate of $785.54 million. During the same quarter last year, the business posted $1.34 EPS. The company’s revenue was up 13.9% compared to the same quarter last year. Spire has set its FY 2027 guidance at 5.650-5.850 EPS and its FY 2026 guidance at 5.250-5.450 EPS. As a group, research analysts predict that Spire Inc. will post 4.5 EPS for the current fiscal year.
Spire Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Thursday, April 2nd. Shareholders of record on Wednesday, March 11th will be given a $0.825 dividend. This represents a $3.30 dividend on an annualized basis and a yield of 3.6%. The ex-dividend date is Wednesday, March 11th. Spire’s payout ratio is currently 71.74%.
Key Stories Impacting Spire
Here are the key news stories impacting Spire this week:
- Positive Sentiment: Zacks raised FY2026, FY2027 and FY2028 earnings estimates and upgraded several mid‑year quarters (examples: FY2026 to $5.29 from $5.25; FY2027 to $5.66 from $5.60; FY2028 to $6.05). Those upward revisions suggest stronger longer‑term fundamentals and support the stock. MarketBeat: SR
- Positive Sentiment: Zacks also lifted Q2 estimates (Q2 2026 to $3.78; Q2 2027 to $3.92) and bumped Q1 2027, signaling better performance in peak seasonal quarters. MarketBeat: SR
- Neutral Sentiment: Filings from Dimensional Fund Advisors (Form 8.3) reference Spire Healthcare Group PLC (a UK company) — these disclosures are not related to Spire Inc. (NYSE: SR) but appeared among the same news feed. GlobeNewsWire: Dimensional Form 8.3
- Negative Sentiment: Zacks pared several near‑term quarterly estimates (notably Q3/Q4 2026 and Q3/Q4 2027 and Q1 2028) — examples include Q4 2026 cut to ($0.41) from ($0.17) and Q4 2027 to ($0.19) from ($0.04). Those downgrades point to weaker short‑term seasonality or timing effects that could pressure short‑term earnings and sentiment. MarketBeat: SR
Spire Profile
Spire Inc (NYSE: SR), formerly known as The Laclede Group, is a regulated natural gas distribution company headquartered in St. Louis, Missouri. Through its three operating divisions—Spire Missouri, Spire Alabama and Spire Mississippi—the company delivers natural gas to more than 1.7 million residential, commercial and industrial customers. Spire’s service territory spans key markets in the central and southern United States, including metropolitan St. Louis, central Alabama and central Mississippi.
Founded in 1857 as the Laclede Gas Light Company, the business has grown through strategic acquisitions, notably Alabama Gas Corporation in 2013 and Mississippi Gas in 2016.
See Also
- Five stocks we like better than Spire
- The gold chart Wall Street is terrified of…
- This makes me furious
- America’s 1776 happening again
- Buy this Gold Stock Before May 2026
- “Fed Proof” Your Bank Account with THESE 4 Simple Steps
Receive News & Ratings for Spire Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Spire and related companies with MarketBeat.com's FREE daily email newsletter.
