Brookstone Capital Management Takes $8.31 Million Position in S&P Global Inc. $SPGI

Brookstone Capital Management acquired a new position in shares of S&P Global Inc. (NYSE:SPGI) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 15,895 shares of the business services provider’s stock, valued at approximately $8,307,000.

A number of other hedge funds have also modified their holdings of SPGI. J.Safra Asset Management Corp acquired a new position in shares of S&P Global in the 3rd quarter valued at $29,000. Howard Hughes Medical Institute acquired a new stake in S&P Global during the 2nd quarter worth about $36,000. First Pacific Financial lifted its stake in S&P Global by 51.0% during the third quarter. First Pacific Financial now owns 74 shares of the business services provider’s stock valued at $36,000 after buying an additional 25 shares in the last quarter. Palisade Asset Management LLC purchased a new stake in S&P Global during the third quarter valued at about $36,000. Finally, Ameriflex Group Inc. boosted its holdings in shares of S&P Global by 171.4% in the third quarter. Ameriflex Group Inc. now owns 76 shares of the business services provider’s stock worth $37,000 after buying an additional 48 shares during the period. 87.17% of the stock is currently owned by institutional investors and hedge funds.

S&P Global Trading Up 1.9%

NYSE SPGI opened at $425.39 on Wednesday. S&P Global Inc. has a 1-year low of $381.61 and a 1-year high of $579.05. The firm’s fifty day simple moving average is $445.57 and its 200-day simple moving average is $482.83. The company has a current ratio of 0.82, a quick ratio of 0.82 and a debt-to-equity ratio of 0.40. The company has a market capitalization of $127.11 billion, a PE ratio of 29.04, a price-to-earnings-growth ratio of 1.85 and a beta of 1.23.

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

S&P Global Increases Dividend

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

Analysts Set New Price Targets

Several research firms have recently weighed in on SPGI. Morgan Stanley lifted their target price on shares of S&P Global from $620.00 to $627.00 and gave the stock an “overweight” rating in a research report on Tuesday, January 13th. Stifel Nicolaus decreased their price objective on shares of S&P Global from $599.00 to $489.00 and set a “buy” rating for the company in a research note on Wednesday, February 11th. BMO Capital Markets lifted their price objective on shares of S&P Global from $482.00 to $495.00 and gave the stock an “outperform” rating in a research report on Tuesday, March 17th. Barclays reissued an “overweight” rating and set a $565.00 target price on shares of S&P Global in a research note on Monday, February 23rd. Finally, The Goldman Sachs Group set a $498.00 target price on S&P Global in a research report on Wednesday, February 11th. One analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Buy” and an average target price of $563.53.

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.