SCHEDULE 13G/A: Fuller & Thaler Asset Management Discloses 4.21% Stake in Spire Inc.

Fuller & Thaler Asset Management, Inc. has filed an amended Schedule 13G, disclosing a 4.21% beneficial ownership stake in Spire Inc. as of March 31, 2025.

Summary

• Fuller & Thaler Asset Management, Inc. reported beneficial ownership of 2,457,227.05 shares of Common Stock in Spire Inc.
• This ownership represents 4.21% of Spire Inc.'s outstanding Common Stock.
• The reporting person holds sole voting power over 2,420,591.05 shares and sole dispositive power over 2,457,227.05 shares.
• The filing is an Amendment No. 2 to Schedule 13G, indicating a change from a previous filing.
• Fuller & Thaler Asset Management, Inc. is classified as an investment adviser.
• The securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing the control of Spire Inc.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing (Schedule 13G) disclosing an institutional ownership stake. It contains factual information about shareholdings and does not inherently convey positive or negative sentiment regarding the company's performance or outlook.

Positives

• The disclosure confirms continued institutional investor interest in Spire Inc. from Fuller & Thaler Asset Management, Inc.
• The investment is stated to be for ordinary course of business, indicating a passive investment strategy rather than an activist one.

Future Outlook

The document does not contain any forward-looking statements or guidance from Spire Inc. or Fuller & Thaler Asset Management, Inc. regarding future performance or strategic direction.

Management Comments

• Hanna Zanoni, Chief Compliance Officer of Fuller & Thaler Asset Management, Inc., certified that the securities were acquired and are held in the ordinary course of business and not for the purpose of or with the effect of changing or influencing the control of the issuer.

Industry Context

This filing is a routine disclosure of an institutional investor's stake in a publicly traded company, Spire Inc., which operates in the regulated natural gas utility sector. Such disclosures provide transparency on significant ownership positions within the industry, reflecting ongoing investment activity by asset managers.

Stakeholder Impact

• Shareholders: Provides transparency regarding significant institutional ownership in Spire Inc.
• Spire Inc.: Confirms a notable institutional investor maintains a stake in the company, which can be viewed positively for investor confidence.

Key Dates

Keywords

Spire Inc, Fuller & Thaler Asset Management, Schedule 13G, beneficial ownership, common stock, institutional investment, SEC filing, utility sector