Regent Peak Wealth Advisors LLC Lowers Stock Position in Spire Inc. $SR

Regent Peak Wealth Advisors LLC decreased its holdings in shares of Spire Inc. (NYSE:SR) by 11.8% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 43,972 shares of the utilities provider’s stock after selling 5,883 shares during the period. Spire makes up about 0.7% of Regent Peak Wealth Advisors LLC’s holdings, making the stock its 24th biggest position. Regent Peak Wealth Advisors LLC’s holdings in Spire were worth $3,636,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. MBM Wealth Consultants LLC lifted its holdings in shares of Spire by 2.6% in the 3rd quarter. MBM Wealth Consultants LLC now owns 5,507 shares of the utilities provider’s stock valued at $449,000 after buying an additional 140 shares during the period. Ameritas Investment Partners Inc. boosted its stake in shares of Spire by 0.8% in the second quarter. Ameritas Investment Partners Inc. now owns 17,461 shares of the utilities provider’s stock valued at $1,274,000 after buying an additional 146 shares in the last quarter. Intrua Financial LLC grew its holdings in Spire by 4.6% during the third quarter. Intrua Financial LLC now owns 3,399 shares of the utilities provider’s stock worth $277,000 after acquiring an additional 148 shares during the period. Inspire Investing LLC grew its holdings in Spire by 2.8% during the third quarter. Inspire Investing LLC now owns 5,590 shares of the utilities provider’s stock worth $456,000 after acquiring an additional 150 shares during the period. Finally, Private Advisor Group LLC raised its position in Spire by 2.4% in the third quarter. Private Advisor Group LLC now owns 7,402 shares of the utilities provider’s stock worth $603,000 after acquiring an additional 176 shares in the last quarter. 87.36% of the stock is owned by hedge funds and other institutional investors.

Spire Stock Performance

NYSE SR opened at $88.42 on Friday. The company has a quick ratio of 0.45, a current ratio of 0.61 and a debt-to-equity ratio of 1.39. Spire Inc. has a fifty-two week low of $69.94 and a fifty-two week high of $94.27. The business has a fifty day moving average of $87.96 and a 200-day moving average of $84.93. The stock has a market cap of $5.23 billion, a price-to-earnings ratio of 19.22, a price-to-earnings-growth ratio of 1.43 and a beta of 0.64.

Spire (NYSE:SR) last posted its quarterly earnings data on Tuesday, February 3rd. The utilities provider reported $1.77 EPS for the quarter, beating analysts’ consensus estimates of $1.62 by $0.15. The business had revenue of $762.20 million for the quarter, compared to analyst estimates of $785.54 million. Spire had a return on equity of 9.43% and a net margin of 10.95%.The business’s revenue for the quarter was up 13.9% compared to the same quarter last year. During the same quarter last year, the company earned $1.34 earnings per share. 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, analysts predict that Spire Inc. will post 4.5 earnings per share for the current fiscal year.

Spire Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, April 2nd. Shareholders of record on Wednesday, March 11th will be paid a dividend of $0.825 per share. This represents a $3.30 annualized dividend and a dividend yield of 3.7%. The ex-dividend date of this dividend is Wednesday, March 11th. Spire’s dividend payout ratio (DPR) is currently 71.74%.

Analysts Set New Price Targets

SR has been the subject of a number of recent analyst reports. Stifel Nicolaus raised their target price on Spire from $81.00 to $87.00 and gave the company a “hold” rating in a report on Wednesday, January 28th. Weiss Ratings upgraded shares of Spire from a “hold (c+)” rating to a “buy (b-)” rating in a report on Thursday, February 5th. UBS Group raised their price objective on shares of Spire from $95.00 to $100.00 and gave the company a “buy” rating in a research note on Wednesday, December 17th. Morgan Stanley reissued an “overweight” rating and set a $100.00 price objective on shares of Spire in a report on Friday, February 20th. Finally, Jefferies Financial Group restated a “buy” rating and set a $99.00 target price on shares of Spire in a research report on Wednesday, January 21st. Two equities research analysts have rated the stock with a Strong Buy rating, six have issued a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $90.70.

Spire Company 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.