WealthShield Partners LLC Acquires 1,548 Shares of S&P Global Inc. $SPGI

WealthShield Partners LLC grew its stake in S&P Global Inc. (NYSE:SPGI) by 30.2% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 6,667 shares of the business services provider’s stock after buying an additional 1,548 shares during the quarter. WealthShield Partners LLC’s holdings in S&P Global were worth $3,245,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Brighton Jones LLC raised its position 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 buying an additional 143 shares during the last quarter. Sivia Capital Partners LLC boosted its stake 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 buying an additional 75 shares during the last quarter. Dakota Wealth Management acquired a new stake in S&P Global in the second quarter valued at $232,000. Patton Fund Management Inc. acquired a new stake in shares of S&P Global in the second quarter valued at approximately $241,000. Finally, ORG Partners LLC boosted its stake in shares of S&P Global by 48.2% during the 2nd quarter. ORG Partners LLC now owns 919 shares of the business services provider’s stock worth $487,000 after acquiring an additional 299 shares during the period. Institutional investors own 87.17% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently weighed in on the company. Stifel Nicolaus lowered their target price 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. Mizuho increased their price target on S&P Global from $637.00 to $643.00 and gave the stock an “outperform” rating in a research report on Thursday, October 16th. The Goldman Sachs Group reaffirmed a “buy” rating and issued a $640.00 price objective on shares of S&P Global in a report on Tuesday, December 16th. JPMorgan Chase & Co. reduced their target price on S&P Global from $635.00 to $615.00 and set an “overweight” rating on the stock in a report on Friday, October 31st. Finally, Morgan Stanley upped their price objective 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. One analyst has rated the stock with a Strong Buy rating and sixteen have issued a Buy rating to the stock. According to MarketBeat, S&P Global currently has a consensus rating of “Buy” and an average target price of $615.64.

S&P Global Stock Performance

S&P Global stock opened at $533.12 on Monday. S&P Global Inc. has a 1 year low of $427.14 and a 1 year high of $579.05. 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 company has a market capitalization of $161.43 billion, a P/E ratio of 38.77, a P/E/G ratio of 2.27 and a beta of 1.21. The business has a 50 day moving average of $514.76 and a 200-day moving average of $517.24.

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

S&P Global Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 11th. Investors of record on Wednesday, February 25th will be paid 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 0.7%. The ex-dividend date of this dividend is Wednesday, February 25th. S&P Global’s payout ratio is presently 27.93%.

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.