Ewa LLC Has $299,000 Position in S&P Global Inc. $SPGI

Ewa LLC boosted its position in shares of S&P Global Inc. (NYSE:SPGI) by 5.0% in the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 568 shares of the business services provider’s stock after purchasing an additional 27 shares during the quarter. Ewa LLC’s holdings in S&P Global were worth $299,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Cheviot Value Management LLC acquired a new position in shares of S&P Global in the first quarter valued at approximately $26,000. Costello Asset Management INC acquired a new position in shares of S&P Global in the first quarter valued at approximately $26,000. Oliver Lagore Vanvalin Investment Group acquired a new position in shares of S&P Global in the second quarter valued at approximately $26,000. Smallwood Wealth Investment Management LLC acquired a new position in shares of S&P Global in the first quarter valued at approximately $28,000. Finally, CBIZ Investment Advisory Services LLC boosted its holdings in shares of S&P Global by 103.3% in the first quarter. CBIZ Investment Advisory Services LLC now owns 61 shares of the business services provider’s stock valued at $31,000 after buying an additional 31 shares during the period. Institutional investors and hedge funds own 87.17% of the company’s stock.

S&P Global Stock Performance

NYSE SPGI opened at $481.84 on Thursday. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 0.34. The firm’s fifty day moving average price is $537.56 and its two-hundred day moving average price is $515.09. S&P Global Inc. has a 1 year low of $427.14 and a 1 year high of $579.05. The firm has a market capitalization of $147.11 billion, a P/E ratio of 37.06, a price-to-earnings-growth ratio of 2.61 and a beta of 1.19.

S&P Global (NYSE:SPGI) last posted its quarterly earnings results on Thursday, July 31st. The business services provider reported $4.43 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.18 by $0.25. S&P Global had a net margin of 27.30% and a return on equity of 15.11%. The firm had revenue of $3.76 billion for the quarter, compared to analyst estimates of $3.65 billion. During the same period in the prior year, the firm posted $4.04 earnings per share. The company’s quarterly revenue was up 5.8% compared to the same quarter last year. S&P Global has set its FY 2025 guidance at 17.000-17.250 EPS. As a group, research analysts anticipate that S&P Global Inc. will post 17.11 EPS for the current year.

S&P Global Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, December 10th. Shareholders of record on Tuesday, November 25th will be given a dividend of $0.96 per share. This represents a $3.84 annualized dividend and a yield of 0.8%. The ex-dividend date of this dividend is Tuesday, November 25th. S&P Global’s dividend payout ratio is 29.54%.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on SPGI shares. Wells Fargo & Company upped their price target on shares of S&P Global from $660.00 to $661.00 and gave the company an “overweight” rating in a report on Friday, September 19th. UBS Group upped their price target on shares of S&P Global from $575.00 to $620.00 and gave the company a “buy” rating in a report on Tuesday, July 8th. BMO Capital Markets upped their price target on shares of S&P Global from $604.00 to $621.00 and gave the company an “outperform” rating in a report on Friday, August 1st. Morgan Stanley boosted their price objective on shares of S&P Global from $595.00 to $615.00 and gave the stock an “overweight” rating in a research report on Friday, August 1st. Finally, Barclays boosted their price objective on shares of S&P Global from $610.00 to $620.00 and gave the stock an “overweight” rating in a research report on Thursday, July 31st. One research analyst has rated the stock with a Strong Buy rating and thirteen have assigned a Buy rating to the stock. Based on data from MarketBeat.com, S&P Global currently has a consensus rating of “Buy” and an average price target of $614.46.

About S&P Global

S&P Global, Inc engages in the provision of transparent and independent ratings, benchmarks, analytics, and data to the capital and commodity markets worldwide. It operates through the following segments: Market Intelligence, Ratings, Commodity Insights, Mobility, Indices, and Engineering Solutions.