S&P Global Inc. $SPGI Shares Sold by Synergy Asset Management LLC

Synergy Asset Management LLC lessened its holdings in S&P Global Inc. (NYSE:SPGI) by 91.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,192 shares of the business services provider’s stock after selling 23,501 shares during the quarter. Synergy Asset Management LLC’s holdings in S&P Global were worth $1,146,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in SPGI. Norden Group LLC lifted its position in shares of S&P Global by 2.0% in the 4th quarter. Norden Group LLC now owns 1,349 shares of the business services provider’s stock worth $705,000 after buying an additional 26 shares during the last quarter. Well Done LLC bought a new stake in shares of S&P Global during the 4th quarter valued at about $200,000. Stonehage Fleming Financial Services Holdings Ltd raised its stake in S&P Global by 32.8% during the fourth quarter. Stonehage Fleming Financial Services Holdings Ltd now owns 427,372 shares of the business services provider’s stock worth $223,340,000 after acquiring an additional 105,504 shares during the period. Signal Advisors Wealth LLC raised its stake in S&P Global by 23.3% during the fourth quarter. Signal Advisors Wealth LLC now owns 4,617 shares of the business services provider’s stock worth $2,413,000 after acquiring an additional 871 shares during the period. Finally, SeaCrest Wealth Management LLC lifted its holdings in S&P Global by 4.6% in the fourth quarter. SeaCrest Wealth Management LLC now owns 1,116 shares of the business services provider’s stock worth $600,000 after acquiring an additional 49 shares during the last quarter. Institutional investors own 87.17% of the company’s stock.

S&P Global Stock Performance

SPGI opened at $411.83 on Friday. The business’s 50 day moving average is $452.82 and its 200-day moving average is $486.41. The stock has a market cap of $123.05 billion, a PE ratio of 28.11, a price-to-earnings-growth ratio of 1.81 and a beta of 1.23. The company has a current ratio of 0.82, a quick ratio of 0.82 and a debt-to-equity ratio of 0.40. S&P Global Inc. has a twelve month low of $381.61 and a twelve month high of $579.05.

S&P Global (NYSE:SPGI) last issued its quarterly earnings data on Tuesday, February 10th. The business services provider reported $4.30 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $4.32 by ($0.02). S&P Global had a return on equity of 16.56% and a net margin of 29.16%.The business had revenue of $3.92 billion during the quarter, compared to the consensus estimate of $3.89 billion. During the same period last year, the company earned $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. On average, analysts predict 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 declared a quarterly dividend, which was paid on Wednesday, March 11th. Stockholders of record on Wednesday, February 25th were paid a $0.97 dividend. The ex-dividend date of this dividend was Wednesday, February 25th. This is a positive change from S&P Global’s previous quarterly dividend of $0.96. This represents a $3.88 annualized dividend and a dividend yield of 0.9%. S&P Global’s dividend payout ratio (DPR) is currently 26.48%.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on SPGI shares. Morgan Stanley lifted their target price on S&P Global from $620.00 to $627.00 and gave the company an “overweight” rating in a research note on Tuesday, January 13th. Bank of America started coverage on S&P Global in a report on Tuesday, February 17th. They issued a “buy” rating and a $575.00 price target on the stock. Robert W. Baird set a $546.00 price objective on S&P Global in a research report on Wednesday, February 11th. Barclays restated an “overweight” rating and set a $565.00 price objective on shares of S&P Global in a research note on Monday, February 23rd. Finally, The Goldman Sachs Group set a $498.00 target price on S&P Global in a research report on Wednesday, February 11th. One analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, S&P Global has an average 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.