Dakota Wealth Management Takes $1.58 Million Position in S&P Global Inc. $SPGI

Dakota Wealth Management purchased a new stake in shares of S&P Global Inc. (NYSE:SPGI) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 3,019 shares of the business services provider’s stock, valued at approximately $1,578,000.

Other large investors have also recently added to or reduced their stakes in the company. Hamilton Capital LLC raised its holdings in shares of S&P Global by 4.5% during the second quarter. Hamilton Capital LLC now owns 418 shares of the business services provider’s stock worth $220,000 after purchasing an additional 18 shares during the period. Sand Hill Global Advisors LLC boosted its holdings in shares of S&P Global by 3.1% in the 2nd quarter. Sand Hill Global Advisors LLC now owns 632 shares of the business services provider’s stock valued at $333,000 after buying an additional 19 shares during the period. Chemistry Wealth Management LLC grew its position in shares of S&P Global by 0.4% during the 3rd quarter. Chemistry Wealth Management LLC now owns 4,895 shares of the business services provider’s stock valued at $2,382,000 after buying an additional 21 shares during the last quarter. Forbes J M & Co. LLP grew its position in shares of S&P Global by 3.5% during the 3rd quarter. Forbes J M & Co. LLP now owns 627 shares of the business services provider’s stock valued at $305,000 after buying an additional 21 shares during the last quarter. Finally, Centerpoint Advisors LLC raised its stake in S&P Global by 2.5% during the third quarter. Centerpoint Advisors LLC now owns 859 shares of the business services provider’s stock worth $418,000 after acquiring an additional 21 shares during the period. 87.17% of the stock is currently owned by institutional investors.

S&P Global Trading Down 1.4%

Shares of NYSE:SPGI opened at $406.49 on Friday. The company has a quick ratio of 0.82, a current ratio of 0.82 and a debt-to-equity ratio of 0.40. The company’s 50-day moving average price is $450.02 and its 200 day moving average price is $485.01. The company has a market cap of $121.46 billion, a PE ratio of 27.75, a P/E/G ratio of 1.80 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.

S&P Global (NYSE:SPGI) last posted 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 firm 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%.S&P Global’s revenue for the quarter was up 9.0% on a year-over-year basis. During the same quarter last year, the company posted $3.77 EPS. S&P Global has set its FY 2026 guidance at 19.400-19.650 EPS. Sell-side analysts anticipate that S&P Global Inc. will post 17.11 earnings per share for the current year.

S&P Global Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, March 11th. Investors of record on Wednesday, February 25th were given a $0.97 dividend. The ex-dividend date was Wednesday, February 25th. This represents a $3.88 annualized dividend and a yield of 1.0%. This is an increase from S&P Global’s previous quarterly dividend of $0.96. S&P Global’s payout ratio is 26.48%.

Analysts Set New Price Targets

A number of equities analysts have issued reports on the stock. Weiss Ratings cut shares of S&P Global from a “buy (b-)” rating to a “hold (c+)” rating in a report on Wednesday, March 11th. UBS Group dropped their price target on S&P Global from $620.00 to $550.00 and set a “buy” rating on the stock in a research report on Tuesday, February 17th. Wells Fargo & Company cut their price target on S&P Global from $675.00 to $530.00 and set an “overweight” rating on the stock in a report on Wednesday, February 11th. Mizuho reduced their price objective on S&P Global from $657.00 to $551.00 and set an “outperform” rating for the company in a research report on Thursday, February 12th. Finally, The Goldman Sachs Group set a $498.00 price objective on S&P Global in a research note on Wednesday, February 11th. One investment analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, S&P Global presently has a consensus rating of “Buy” and a consensus target price of $563.53.

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.