Universal Beteiligungs und Servicegesellschaft mbH Has $4.25 Million Stock Position in Spire Inc. $SR

Universal Beteiligungs und Servicegesellschaft mbH decreased its position in Spire Inc. (NYSE:SR) by 9.8% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 51,366 shares of the utilities provider’s stock after selling 5,611 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH owned about 0.09% of Spire worth $4,248,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Principal Financial Group Inc. raised its holdings in Spire by 21.5% in the 3rd quarter. Principal Financial Group Inc. now owns 219,861 shares of the utilities provider’s stock valued at $17,923,000 after acquiring an additional 38,875 shares in the last quarter. Elo Mutual Pension Insurance Co acquired a new position in Spire in the 3rd quarter valued at approximately $1,414,000. Csenge Advisory Group raised its holdings in Spire by 131.0% in the 3rd quarter. Csenge Advisory Group now owns 37,400 shares of the utilities provider’s stock valued at $3,049,000 after acquiring an additional 21,211 shares in the last quarter. William Blair Investment Management LLC raised its holdings in Spire by 30.8% in the 3rd quarter. William Blair Investment Management LLC now owns 374,050 shares of the utilities provider’s stock valued at $30,493,000 after acquiring an additional 88,154 shares in the last quarter. Finally, ProShare Advisors LLC raised its holdings in Spire by 5.2% in the 3rd quarter. ProShare Advisors LLC now owns 550,974 shares of the utilities provider’s stock valued at $44,915,000 after acquiring an additional 27,292 shares in the last quarter. Institutional investors and hedge funds own 87.36% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on SR shares. TD Cowen started coverage on Spire in a report on Thursday, April 16th. They issued a “hold” rating and a $101.00 price target for the company. Weiss Ratings raised Spire from a “hold (c+)” rating to a “buy (b-)” rating in a report on Thursday, February 5th. Stifel Nicolaus upped their price target on Spire from $81.00 to $87.00 and gave the company a “hold” rating in a report on Wednesday, January 28th. Morgan Stanley reissued an “overweight” rating and issued a $102.00 target price on shares of Spire in a report on Tuesday, April 21st. Finally, Jefferies Financial Group reissued a “buy” rating and issued a $99.00 target price on shares of Spire in a report on Wednesday, January 21st. Two investment analysts have rated the stock with a Strong Buy rating, six have given a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat, Spire has an average rating of “Moderate Buy” and an average price target of $93.80.

Spire Trading Down 1.2%

Shares of SR opened at $89.79 on Thursday. Spire Inc. has a 1 year low of $69.94 and a 1 year high of $95.31. The company has a current ratio of 0.61, a quick ratio of 0.45 and a debt-to-equity ratio of 1.39. The stock has a 50 day simple moving average of $91.42 and a 200-day simple moving average of $87.49. The stock has a market cap of $5.31 billion, a PE ratio of 19.52, a PEG ratio of 1.48 and a beta of 0.60.

Spire (NYSE:SR) last issued its earnings results on Tuesday, February 3rd. The utilities provider reported $1.77 earnings per share (EPS) for the quarter, topping 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 business had revenue of $762.20 million during the quarter, compared to analysts’ expectations of $785.54 million. During the same period in the prior year, the firm posted $1.34 EPS. Spire’s quarterly 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. On average, sell-side analysts predict that Spire Inc. will post 5.2 EPS for the current fiscal year.

About Spire

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.