Chase Investment Counsel Corp Makes New $955,000 Investment in Spire Inc. $SR

Posted by Stanley Muller on Jul 22nd, 2026

Chase Investment Counsel Corp bought a new stake in shares of Spire Inc. (NYSE:SR – Free Report) during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 10,551 shares of the utilities provider’s stock, valued at approximately $955,000.

A number of other institutional investors have also recently made changes to their positions in SR. Franklin Resources Inc. raised its holdings in shares of Spire by 0.3% during the fourth quarter. Franklin Resources Inc. now owns 40,489 shares of the utilities provider’s stock valued at $3,348,000 after purchasing an additional 122 shares during the last quarter. Detalus Advisors LLC boosted its holdings in Spire by 2.3% in the first quarter. Detalus Advisors LLC now owns 6,200 shares of the utilities provider’s stock worth $561,000 after purchasing an additional 142 shares during the last quarter. Inspire Investing LLC boosted its holdings in Spire by 2.6% in the fourth quarter. Inspire Investing LLC now owns 5,734 shares of the utilities provider’s stock worth $474,000 after purchasing an additional 144 shares during the last quarter. Smartleaf Asset Management LLC grew its position in Spire by 40.3% in the 4th quarter. Smartleaf Asset Management LLC now owns 519 shares of the utilities provider’s stock worth $43,000 after purchasing an additional 149 shares during the period. Finally, Parallel Advisors LLC grew its position in Spire by 16.5% in the 4th quarter. Parallel Advisors LLC now owns 1,136 shares of the utilities provider’s stock worth $94,000 after purchasing an additional 161 shares during the period. Hedge funds and other institutional investors own 87.36% of the company’s stock.

Spire Stock Performance

SR opened at $80.43 on Wednesday. The company’s 50 day moving average is $81.37 and its 200 day moving average is $86.06. The company has a current ratio of 0.55, a quick ratio of 0.48 and a debt-to-equity ratio of 1.69. The company has a market cap of $4.76 billion, a price-to-earnings ratio of 14.14, a PEG ratio of 1.81 and a beta of 0.52. Spire Inc. has a 12-month low of $71.24 and a 12-month high of $95.31.

Spire (NYSE:SR – Get Free Report) last announced its earnings results on Wednesday, May 6th. The utilities provider reported $3.76 EPS for the quarter, beating analysts’ consensus estimates of $3.72 by $0.04. Spire had a net margin of 13.97% and a return on equity of 9.49%. The business had revenue of $1.02 billion during the quarter, compared to analysts’ expectations of $1.07 billion. During the same period in the prior year, the company earned $3.60 earnings per share. The firm’s revenue was up 4.5% on a year-over-year basis. On average, equities research analysts predict that Spire Inc. will post 4.02 EPS for the current year.

Spire Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, July 2nd. Stockholders of record on Thursday, June 11th were paid a $0.825 dividend. This represents a $3.30 annualized dividend and a dividend yield of 4.1%. The ex-dividend date was Thursday, June 11th. Spire’s dividend payout ratio is 58.00%.

Insider Buying and Selling at Spire

In related news, SVP Ryan L. Hyman sold 3,822 shares of the firm’s stock in a transaction on Tuesday, June 9th. The stock was sold at an average price of $80.51, for a total value of $307,709.22. Following the transaction, the senior vice president directly owned 14,295 shares of the company’s stock, valued at approximately $1,150,890.45. This trade represents a 21.10% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Paul D. Koonce bought 500 shares of the firm’s stock in a transaction that occurred on Thursday, June 11th. The stock was bought at an average cost of $78.46 per share, for a total transaction of $39,230.00. Following the completion of the acquisition, the director owned 8,000 shares in the company, valued at $627,680. This trade represents a 6.67% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Insiders bought a total of 3,000 shares of company stock valued at $251,100 over the last 90 days. 2.26% of the stock is currently owned by company insiders.

Analyst Ratings Changes

SR has been the topic of several research analyst reports. Morgan Stanley set a $96.00 price target on Spire in a report on Thursday, May 21st. Wall Street Zen lowered Spire from a “hold” rating to a “sell” rating in a report on Saturday, May 9th. TD Cowen assumed coverage on Spire in a research report on Thursday, April 16th. They set a “hold” rating and a $101.00 price objective for the company. Wolfe Research assumed coverage on Spire in a research report on Tuesday, May 26th. They set a “peer perform” rating for the company. Finally, Wells Fargo & Company started coverage on Spire in a report on Monday, May 11th. They issued an “overweight” rating and a $96.00 target price on the stock. Two equities research analysts have rated the stock with a Strong Buy rating, five have issued a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $94.30.

Check Out Our Latest Report on SR

Spire Company Profile

(Free Report)

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.