James Hambro & Partners LLP Sells 30,443 Shares of S&P Global Inc. $SPGI

James Hambro & Partners LLP lessened its stake in S&P Global Inc. (NYSE:SPGI) by 13.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 202,269 shares of the business services provider’s stock after selling 30,443 shares during the period. S&P Global comprises 3.8% of James Hambro & Partners LLP’s portfolio, making the stock its 13th biggest holding. James Hambro & Partners LLP owned approximately 0.07% of S&P Global worth $105,714,000 as of its most recent filing with the SEC.

A number of other institutional investors have also added to or reduced their stakes in the company. J.Safra Asset Management Corp acquired a new position in S&P Global in the 3rd quarter valued at approximately $29,000. Howard Hughes Medical Institute bought a new stake in shares of S&P Global during the second quarter valued at approximately $36,000. First Pacific Financial raised its stake in shares of S&P Global by 51.0% in the third quarter. First Pacific Financial now owns 74 shares of the business services provider’s stock valued at $36,000 after purchasing an additional 25 shares in the last quarter. Palisade Asset Management LLC bought a new position in S&P Global in the third quarter worth $36,000. Finally, Ameriflex Group Inc. boosted its stake in S&P Global by 171.4% during 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 in the last quarter. 87.17% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

SPGI has been the subject of a number of recent research reports. Weiss Ratings cut shares of S&P Global from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Wednesday, March 11th. Stifel Nicolaus decreased their target price on shares of S&P Global from $599.00 to $489.00 and set a “buy” rating on the stock in a research report on Wednesday, February 11th. Robert W. Baird set a $546.00 target price on shares of S&P Global in a research note on Wednesday, February 11th. UBS Group dropped their price target on shares of S&P Global from $620.00 to $550.00 and set a “buy” rating for the company in a research report on Tuesday, February 17th. Finally, BMO Capital Markets raised their price target on shares of S&P Global from $482.00 to $495.00 and gave the stock an “outperform” rating in a research note on Tuesday, March 17th. One research analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Buy” and an average target price of $563.53.

S&P Global Price Performance

S&P Global stock opened at $417.42 on Tuesday. The business’s fifty day moving average is $447.45 and its two-hundred day moving average is $483.68. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.82 and a current ratio of 0.82. The firm has a market cap of $124.72 billion, a P/E ratio of 28.49, a P/E/G ratio of 1.80 and a beta of 1.23. S&P Global Inc. has a 52 week low of $381.61 and a 52 week high of $579.05.

S&P Global (NYSE:SPGI) last announced its earnings results on Tuesday, February 10th. The business services provider reported $4.30 earnings per share for the quarter, missing analysts’ consensus estimates of $4.32 by ($0.02). S&P Global had a net margin of 29.16% and a return on equity of 16.56%. The business had revenue of $3.92 billion during the quarter, compared to analyst estimates of $3.89 billion. During the same quarter last year, the business posted $3.77 earnings per share. The business’s quarterly revenue was up 9.0% compared to the same quarter last year. S&P Global has set its FY 2026 guidance at 19.400-19.650 EPS. Equities research analysts forecast 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 disclosed a quarterly dividend, which was paid on Wednesday, March 11th. Shareholders of record on Wednesday, February 25th were given a $0.97 dividend. This represents a $3.88 annualized dividend and a yield of 0.9%. The ex-dividend date was Wednesday, February 25th. This is a boost from S&P Global’s previous quarterly dividend of $0.96. S&P Global’s dividend payout ratio is 26.48%.

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.