Jupiter Asset Management Ltd. Has $31.30 Million Stock Holdings in Spire Inc. $SR

Posted by George Bondi on May 29th, 2026

Jupiter Asset Management Ltd. raised its stake in shares of Spire Inc. (NYSE:SR – Free Report) by 22.5% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 378,517 shares of the utilities provider’s stock after purchasing an additional 69,475 shares during the quarter. Jupiter Asset Management Ltd.’s holdings in Spire were worth $31,303,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently modified their holdings of the stock. Intech Investment Management LLC lifted its position in shares of Spire by 189.7% during the 4th quarter. Intech Investment Management LLC now owns 75,767 shares of the utilities provider’s stock worth $6,266,000 after buying an additional 49,615 shares during the period. Huntington National Bank boosted its stake in shares of Spire by 139.3% in the 4th quarter. Huntington National Bank now owns 1,065 shares of the utilities provider’s stock valued at $88,000 after purchasing an additional 620 shares in the last quarter. Geode Capital Management LLC boosted its stake in shares of Spire by 3.1% in the 4th quarter. Geode Capital Management LLC now owns 1,579,856 shares of the utilities provider’s stock valued at $130,672,000 after purchasing an additional 47,106 shares in the last quarter. MQS Management LLC bought a new stake in shares of Spire in the 4th quarter worth about $419,000. Finally, EverSource Wealth Advisors LLC increased its position in shares of Spire by 10.5% during the 4th quarter. EverSource Wealth Advisors LLC now owns 1,775 shares of the utilities provider’s stock worth $147,000 after purchasing an additional 169 shares in the last quarter. 87.36% of the stock is currently owned by institutional investors.

Spire Trading Down 2.2%

SR stock opened at $83.75 on Friday. The company has a quick ratio of 0.48, a current ratio of 0.55 and a debt-to-equity ratio of 1.69. Spire Inc. has a twelve month low of $71.24 and a twelve month high of $95.31. The company has a market cap of $4.95 billion, a P/E ratio of 14.72, a PEG ratio of 1.92 and a beta of 0.56. The business has a fifty day moving average of $89.65 and a 200-day moving average of $87.43.

Spire (NYSE:SR – Get Free Report) last posted its quarterly earnings results on Wednesday, May 6th. The utilities provider reported $3.76 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.72 by $0.04. The business had revenue of $1.02 billion for the quarter, compared to analysts’ expectations of $1.07 billion. Spire had a return on equity of 9.49% and a net margin of 13.97%.The firm’s quarterly revenue was up 4.5% compared to the same quarter last year. During the same quarter last year, the business earned $3.60 earnings per share. As a group, equities research analysts expect that Spire Inc. will post 4 EPS for the current year.

Spire Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, July 2nd. Investors of record on Thursday, June 11th will be paid a dividend of $0.825 per share. This represents a $3.30 dividend on an annualized basis and a dividend yield of 3.9%. The ex-dividend date of this dividend is Thursday, June 11th. Spire’s payout ratio is 58.00%.

Analysts Set New Price Targets

A number of research firms have recently issued reports on SR. Wolfe Research started coverage on shares of Spire in a research note on Tuesday. They issued a “peer perform” rating for the company. Wall Street Zen lowered Spire from a “hold” rating to a “sell” rating in a research note on Saturday, May 9th. UBS Group lowered their target price on Spire from $106.00 to $103.00 and set a “buy” rating for the company in a research note on Friday, May 8th. Wells Fargo & Company assumed coverage on Spire in a report on Monday, May 11th. They issued an “overweight” rating and a $96.00 price target for the company. Finally, Morgan Stanley set a $96.00 price objective on shares of Spire in a report on Thursday, May 21st. Two investment analysts have rated the stock with a Strong Buy rating, five have given a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $96.22.

View Our Latest Report on SR

Insider Buying and Selling at Spire

In other Spire news, Director Paul D. Koonce acquired 2,000 shares of the business’s stock in a transaction that occurred on Friday, May 8th. The shares were acquired at an average cost of $85.81 per share, for a total transaction of $171,620.00. Following the completion of the acquisition, the director directly owned 7,000 shares of the company’s stock, valued at approximately $600,670. This represents a 40.00% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 2.26% of the stock is currently owned by company insiders.

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.