Aventura Private Wealth LLC Purchases New Shares in S&P Global Inc. $SPGI

Aventura Private Wealth LLC acquired a new position in S&P Global Inc. (NYSE:SPGI) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 1,544 shares of the business services provider’s stock, valued at approximately $807,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Brighton Jones LLC grew its stake in S&P Global by 4.7% in the 4th quarter. Brighton Jones LLC now owns 3,176 shares of the business services provider’s stock valued at $1,582,000 after purchasing an additional 143 shares during the period. Sivia Capital Partners LLC increased its holdings in S&P Global by 7.8% during the second quarter. Sivia Capital Partners LLC now owns 1,038 shares of the business services provider’s stock worth $547,000 after buying an additional 75 shares during the last quarter. Wealthspire Advisors LLC increased its holdings in S&P Global by 51.2% during the second quarter. Wealthspire Advisors LLC now owns 1,040 shares of the business services provider’s stock worth $548,000 after buying an additional 352 shares during the last quarter. Handelsbanken Fonder AB raised its position in S&P Global by 25.3% in the second quarter. Handelsbanken Fonder AB now owns 235,030 shares of the business services provider’s stock worth $123,929,000 after acquiring an additional 47,435 shares during the period. Finally, ABN AMRO Bank N.V. purchased a new position in S&P Global in the second quarter valued at about $310,348,000. Hedge funds and other institutional investors own 87.17% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on SPGI. Stifel Nicolaus reduced their target price on shares of S&P Global from $599.00 to $489.00 and set a “buy” rating for the company in a research report on Wednesday, February 11th. UBS Group dropped their price objective on S&P Global from $620.00 to $550.00 and set a “buy” rating on the stock in a research note on Tuesday, February 17th. Bank of America began coverage on S&P Global in a report on Tuesday, February 17th. They set a “buy” rating and a $575.00 price objective for the company. Royal Bank Of Canada decreased their target price on S&P Global from $620.00 to $560.00 and set an “outperform” rating for the company in a research report on Wednesday, February 11th. Finally, BMO Capital Markets boosted their target price on S&P Global from $482.00 to $495.00 and gave the company an “outperform” rating in a research note on Tuesday. One research analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Buy” and a consensus price target of $563.53.

S&P Global Stock Down 0.4%

SPGI stock opened at $424.60 on Friday. The business has a 50 day moving average of $463.18 and a 200 day moving average of $489.86. The firm has a market cap of $126.87 billion, a PE ratio of 28.98, a price-to-earnings-growth ratio of 1.88 and a beta of 1.23. S&P Global Inc. has a twelve month low of $381.61 and a twelve month high of $579.05. The company has a quick ratio of 0.82, a current ratio of 0.82 and a debt-to-equity ratio of 0.40.

S&P Global (NYSE:SPGI) last released its 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). The company had revenue of $3.92 billion during the quarter, compared to the consensus estimate of $3.89 billion. S&P Global had a return on equity of 16.56% and a net margin of 29.16%.The company’s revenue was up 9.0% compared to the same quarter last year. During the same period last year, the firm posted $3.77 earnings per share. S&P Global has set its FY 2026 guidance at 19.400-19.650 EPS. On average, research analysts forecast that S&P Global Inc. will post 17.11 EPS for the current fiscal year.

S&P Global Increases Dividend

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

About S&P Global

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.