S&P Global Inc. $SPGI Shares Sold by Bellwether Advisors LLC

Bellwether Advisors LLC lowered its holdings in S&P Global Inc. (NYSE:SPGI) by 22.8% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 3,901 shares of the business services provider’s stock after selling 1,151 shares during the quarter. Bellwether Advisors LLC’s holdings in S&P Global were worth $1,899,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Level Four Advisory Services LLC raised its holdings in S&P Global by 6.1% in the 3rd quarter. Level Four Advisory Services LLC now owns 1,129 shares of the business services provider’s stock valued at $549,000 after buying an additional 65 shares during the period. Victory Capital Management Inc. increased its position in shares of S&P Global by 22.6% during the third quarter. Victory Capital Management Inc. now owns 346,629 shares of the business services provider’s stock valued at $168,708,000 after acquiring an additional 63,817 shares during the last quarter. CI Investments Inc. increased its position in shares of S&P Global by 1.4% during the third quarter. CI Investments Inc. now owns 246,271 shares of the business services provider’s stock valued at $119,863,000 after acquiring an additional 3,451 shares during the last quarter. Kingsview Wealth Management LLC raised its stake in shares of S&P Global by 1.2% in the 3rd quarter. Kingsview Wealth Management LLC now owns 11,603 shares of the business services provider’s stock valued at $5,647,000 after acquiring an additional 133 shares during the period. Finally, 111 Capital acquired a new position in shares of S&P Global in the 3rd quarter worth approximately $774,000. 87.17% of the stock is currently owned by hedge funds and other institutional investors.

S&P Global Stock Up 0.2%

SPGI stock opened at $444.03 on Wednesday. The company’s 50 day moving average price is $488.19 and its 200 day moving average price is $499.79. The firm has a market capitalization of $132.68 billion, a price-to-earnings ratio of 30.31, a PEG ratio of 1.96 and a beta of 1.23. S&P Global Inc. has a fifty-two week low of $381.61 and a fifty-two week high of $579.05. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.82 and a current ratio of 0.82.

S&P Global (NYSE:SPGI) last posted its quarterly earnings results on Tuesday, February 10th. The business services provider reported $4.30 EPS for the quarter, missing the consensus estimate of $4.32 by ($0.02). S&P Global had a return on equity of 16.56% and a net margin of 29.16%.The firm had revenue of $3.92 billion for the quarter, compared to analyst estimates of $3.89 billion. During the same quarter last year, the firm earned $3.77 EPS. The company’s revenue was up 9.0% on a year-over-year basis. S&P Global has set its FY 2026 guidance at 19.400-19.650 EPS. On average, equities research analysts anticipate that S&P Global Inc. will post 17.11 EPS for the current fiscal year.

S&P Global Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 11th. Stockholders of record on Wednesday, February 25th will be issued a $0.97 dividend. This represents a $3.88 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date is Wednesday, February 25th. This is an increase from S&P Global’s previous quarterly dividend of $0.96. S&P Global’s dividend payout ratio (DPR) is currently 26.48%.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on the company. Morgan Stanley boosted their price objective on S&P Global from $620.00 to $627.00 and gave the company an “overweight” rating in a report on Tuesday, January 13th. William Blair reaffirmed an “outperform” rating on shares of S&P Global in a research report on Monday, November 17th. Stifel Nicolaus reduced their price target on shares of S&P Global from $599.00 to $489.00 and set a “buy” rating on the stock in a research report on Wednesday, February 11th. BMO Capital Markets lowered their price objective on shares of S&P Global from $601.00 to $482.00 and set an “outperform” rating for the company in a research note on Wednesday, February 11th. Finally, Mizuho cut their target price on shares of S&P Global from $657.00 to $551.00 and set an “outperform” rating on the stock in a research note on Thursday, February 12th. One analyst has rated the stock with a Strong Buy rating and seventeen have issued a Buy rating to the company. According to data from MarketBeat, the company presently has an average rating of “Buy” and a consensus price target of $562.67.

S&P Global Profile

S&P Global is a leading provider of financial information, analytics and benchmark indices that serve investors, issuers, corporations and public institutions worldwide. The company operates through well-known businesses that include credit ratings, market intelligence and index licensing, as well as commodity and energy information services. Its products and services are used to assess creditworthiness, inform investment decisions, construct and track benchmark portfolios, and support risk and commodity market analysis.

S&P Global Ratings provides independent credit ratings, research and data used by fixed income investors and capital market participants to evaluate issuer and transaction risk.