7,869 Spire Inc. $SR Shares Sold by Leeward Investments LLC MA

Leeward Investments LLC MA cut its holdings in shares of Spire Inc. (NYSE:SR) by 5.7% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 130,292 shares of the utilities provider’s stock after selling 7,869 shares during the quarter. Leeward Investments LLC MA owned about 0.22% of Spire worth $9,914,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Ashurst Perkins Coie Trust Co acquired a new stake in Spire in the 3rd quarter valued at about $26,000. Cassaday & Co Wealth Management LLC acquired a new position in shares of Spire during the 1st quarter worth approximately $43,000. Versant Capital Management Inc grew its position in shares of Spire by 53.8% in the third quarter. Versant Capital Management Inc now owns 655 shares of the utilities provider’s stock valued at $50,000 after purchasing an additional 229 shares in the last quarter. Global Retirement Partners LLC purchased a new stake in shares of Spire in the second quarter valued at approximately $52,000. Finally, Miller Global Investments LLC purchased a new stake in shares of Spire in the third quarter valued at approximately $57,000. 87.36% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research firms recently commented on SR. Mizuho began coverage on Spire in a report on Tuesday, July 7th. They issued an “outperform” rating and a $88.00 price target for the company. Weiss Ratings upgraded Spire from a “buy (b-)” rating to a “buy (b)” rating in a research report on Friday, October 9th. Scotiabank started coverage on Spire in a research note on Tuesday, September 29th. They set a “sector perform” rating and a $79.00 price objective on the stock. JPMorgan Chase & Co. boosted their price objective on Spire from $85.00 to $86.00 and gave the stock a “neutral” rating in a research note on Tuesday, October 20th. Finally, Morgan Stanley dropped their target price on Spire from $91.00 to $88.00 and set an “overweight” rating for the company in a report on Friday, September 18th. One equities research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and six have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $92.58.

Spire Price Performance

Shares of SR stock opened at $85.38 on Monday. The company has a debt-to-equity ratio of 1.61, a current ratio of 0.37 and a quick ratio of 0.27. The firm’s 50-day moving average is $80.72 and its two-hundred day moving average is $82.73. Spire Inc. has a 12 month low of $74.84 and a 12 month high of $95.31. The company has a market capitalization of $5.05 billion, a PE ratio of 9.52, a price-to-earnings-growth ratio of 1.39 and a beta of 0.52.

Spire (NYSE:SR) last posted its earnings results on Wednesday, August 5th. The utilities provider reported ($0.26) earnings per share for the quarter, beating the consensus estimate of ($0.32) by $0.06. Spire had a net margin of 21.48% and a return on equity of 8.65%. The company had revenue of $420.20 million for the quarter, compared to analyst estimates of $394.62 million. During the same period in the previous year, the business posted $0.01 EPS. Spire’s revenue was up 19.2% on a year-over-year basis. Spire has set its FY 2026 guidance at 3.900-4.100 EPS. Analysts predict that Spire Inc. will post 4.00 earnings per share for the current year.

Spire Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, October 2nd. Investors of record on Friday, September 11th were issued a $0.8250 dividend. The ex-dividend date was Friday, September 11th. This represents a $3.30 dividend on an annualized basis and a yield of 3.9%. Spire’s dividend payout ratio is currently 36.79%.

Spire Company Profile

Spire Inc is an energy company that provides natural gas services to residential, commercial, industrial and other customers. Through its regulated utility operations, the company distributes natural gas and provides related customer services, with a focus on delivering dependable energy and maintaining the infrastructure needed to serve its communities.

Spire’s regulated utilities serve customers primarily in Missouri and Alabama, with operations that have also included service in Mississippi.