Captrust Financial Advisors Boosts Stake in Spire Inc.

Investment firm increases holdings in utility company by 7.5% in third quarter.

Mar. 18, 2026 at 8:24am

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Captrust Financial Advisors, a major investment advisory firm, has increased its stake in Spire Inc. (NYSE: SR), a natural gas utility company, by 7.5% in the third quarter. Captrust now owns 1,220,171 shares of Spire, representing approximately 2.07% of the company's outstanding stock.

Why it matters

Spire is a key player in the natural gas distribution industry, serving over 1.7 million customers across the central and southern United States. Captrust's increased investment signals confidence in Spire's long-term growth prospects and the firm's belief that the utility company is well-positioned to navigate industry challenges and capitalize on emerging opportunities.

The details

According to a recent SEC filing, Captrust Financial Advisors acquired an additional 85,004 shares of Spire Inc. during the third quarter, bringing its total holdings to 1,220,171 shares. This represents a 7.5% increase in Captrust's position in the utility company. Spire, headquartered in St. Louis, Missouri, operates through three main divisions: Spire Missouri, Spire Alabama, and Spire Mississippi, delivering natural gas to residential, commercial, and industrial customers.

  • Captrust Financial Advisors increased its stake in Spire Inc. during the third quarter of 2026.

The players

Captrust Financial Advisors

A major investment advisory firm that has increased its stake in Spire Inc. by 7.5% in the third quarter.

Spire Inc.

A natural gas utility company headquartered in St. Louis, Missouri, that serves over 1.7 million customers across the central and southern United States.

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The takeaway

Captrust Financial Advisors' increased investment in Spire Inc. suggests the firm's confidence in the utility company's long-term growth potential and its ability to navigate industry challenges. This move highlights the ongoing interest in the natural gas distribution sector and the perceived strength of Spire's business model and market position.