S&P Global Inc. $SPGI Shares Acquired by Ycg LLC

Ycg LLC raised its stake in shares of S&P Global Inc. (NYSE:SPGI) by 4.3% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 85,103 shares of the business services provider’s stock after purchasing an additional 3,471 shares during the period. S&P Global accounts for 3.1% of Ycg LLC’s portfolio, making the stock its 15th largest position. Ycg LLC’s holdings in S&P Global were worth $41,420,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently made changes to their positions in the stock. Brighton Jones LLC grew its position in S&P Global by 4.7% during the fourth quarter. Brighton Jones LLC now owns 3,176 shares of the business services provider’s stock valued at $1,582,000 after acquiring an additional 143 shares during the period. Pallas Capital Advisors LLC grew its holdings in shares of S&P Global by 127.9% during the 2nd quarter. Pallas Capital Advisors LLC now owns 1,912 shares of the business services provider’s stock worth $1,008,000 after purchasing an additional 1,073 shares during the period. Sivia Capital Partners LLC grew its holdings in shares of S&P Global by 7.8% during the 2nd quarter. Sivia Capital Partners LLC now owns 1,038 shares of the business services provider’s stock worth $547,000 after purchasing an additional 75 shares during the period. Sovran Advisors LLC increased its position in S&P Global by 45.2% during the 2nd quarter. Sovran Advisors LLC now owns 707 shares of the business services provider’s stock worth $372,000 after purchasing an additional 220 shares in the last quarter. Finally, Signal Advisors Wealth LLC raised its holdings in S&P Global by 131.9% in the second quarter. Signal Advisors Wealth LLC now owns 1,925 shares of the business services provider’s stock valued at $1,015,000 after buying an additional 1,095 shares during the period. Institutional investors and hedge funds own 87.17% of the company’s stock.

Analyst Ratings Changes

SPGI has been the subject of several research reports. Mizuho boosted their price objective on shares of S&P Global from $637.00 to $643.00 and gave the stock an “outperform” rating in a research note on Thursday, October 16th. Wells Fargo & Company upped their price target on shares of S&P Global from $660.00 to $661.00 and gave the stock an “overweight” rating in a research report on Friday, September 19th. JPMorgan Chase & Co. cut their price objective on S&P Global from $635.00 to $615.00 and set an “overweight” rating on the stock in a research report on Friday, October 31st. Stifel Nicolaus reduced their price objective on S&P Global from $625.00 to $599.00 and set a “buy” rating on the stock in a research note on Friday, October 31st. Finally, William Blair reiterated an “outperform” rating on shares of S&P Global in a research note on Monday, November 17th. Two equities research analysts have rated the stock with a Strong Buy rating and sixteen have issued a Buy rating to the stock. Based on data from MarketBeat, S&P Global has a consensus rating of “Buy” and an average target price of $615.64.

S&P Global Stock Performance

NYSE:SPGI opened at $546.25 on Friday. The firm has a 50-day moving average of $511.03 and a two-hundred day moving average of $517.23. The company has a debt-to-equity ratio of 0.34, a current ratio of 0.97 and a quick ratio of 0.97. The stock has a market cap of $165.40 billion, a P/E ratio of 39.73, a PEG ratio of 2.33 and a beta of 1.21. S&P Global Inc. has a 1-year low of $427.14 and a 1-year high of $579.05.

S&P Global (NYSE:SPGI) last released its quarterly earnings results on Thursday, October 30th. The business services provider reported $4.73 EPS for the quarter, topping the consensus estimate of $4.26 by $0.47. The business had revenue of $3.89 billion for the quarter, compared to analysts’ expectations of $3.77 billion. S&P Global had a return on equity of 15.90% and a net margin of 28.10%.The company’s revenue was up 8.8% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $3.89 earnings per share. S&P Global has set its FY 2025 guidance at 14.800-15.050 EPS. On average, research analysts expect that S&P Global Inc. will post 17.11 earnings per share for the current fiscal year.

S&P Global Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, March 11th. Shareholders of record on Wednesday, February 25th will be given a $0.97 dividend. This represents a $3.88 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date of this dividend is Wednesday, February 25th. This is a positive change from S&P Global’s previous quarterly dividend of $0.96. S&P Global’s dividend payout ratio is currently 27.93%.

S&P Global Company 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.