GRT Capital Partners L.L.C. held its stake in shares of S&P Global Inc. (NYSE:SPGI) during the second quarter, according to its most recent 13F filing with the SEC. The fund owned 11,903 shares of the business services provider’s stock at the end of the second quarter. S&P Global makes up 1.0% of GRT Capital Partners L.L.C.’s investment portfolio, making the stock its 22nd biggest holding. GRT Capital Partners L.L.C.’s holdings in S&P Global were worth $1,738,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in the business. Vanguard Group Inc. boosted its position in shares of S&P Global by 4.0% during the first quarter. Vanguard Group Inc. now owns 19,395,347 shares of the business services provider’s stock valued at $2,535,747,000 after buying an additional 740,631 shares during the period. BlackRock Inc. raised its stake in shares of S&P Global by 1,866.9% during the first quarter. BlackRock Inc. now owns 15,452,706 shares of the business services provider’s stock valued at $2,020,285,000 after acquiring an additional 14,667,076 shares in the last quarter. OppenheimerFunds Inc. raised its stake in shares of S&P Global by 4.2% during the first quarter. OppenheimerFunds Inc. now owns 6,211,104 shares of the business services provider’s stock valued at $812,041,000 after acquiring an additional 251,294 shares in the last quarter. Independent Franchise Partners LLP raised its stake in shares of S&P Global by 0.6% during the second quarter. Independent Franchise Partners LLP now owns 4,984,751 shares of the business services provider’s stock valued at $727,723,000 after acquiring an additional 30,708 shares in the last quarter. Finally, Ameriprise Financial Inc. raised its stake in shares of S&P Global by 4.5% during the first quarter. Ameriprise Financial Inc. now owns 4,151,759 shares of the business services provider’s stock valued at $542,786,000 after acquiring an additional 177,338 shares in the last quarter. Institutional investors and hedge funds own 85.39% of the company’s stock.

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Several research firms have recently weighed in on SPGI. Zacks Investment Research downgraded shares of S&P Global from a “buy” rating to a “hold” rating in a research note on Tuesday. BMO Capital Markets lifted their price target on shares of S&P Global from $152.00 to $161.00 and gave the company a “no rating at time” rating in a research note on Friday, July 14th. Argus reaffirmed a “buy” rating and set a $158.00 price target (up previously from $150.00) on shares of S&P Global in a research note on Monday, May 29th. Morgan Stanley reaffirmed an “equal weight” rating and set a $146.00 price target (up previously from $145.00) on shares of S&P Global in a research note on Friday, July 14th. Finally, UBS AG lifted their price target on shares of S&P Global from $154.00 to $175.00 and gave the company a “buy” rating in a research note on Friday, July 28th. Two investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. S&P Global has a consensus rating of “Buy” and an average target price of $155.50.

In other S&P Global news, SVP Nancy Luquette sold 860 shares of the stock in a transaction that occurred on Wednesday, August 23rd. The shares were sold at an average price of $151.50, for a total transaction of $130,290.00. Following the sale, the senior vice president now directly owns 106 shares in the company, valued at approximately $16,059. The transaction was disclosed in a document filed with the SEC, which is available through this link. 0.20% of the stock is owned by corporate insiders.

S&P Global Inc. (NYSE:SPGI) traded down 0.08% during mid-day trading on Wednesday, hitting $153.48. 162,742 shares of the stock traded hands. The stock has a 50-day moving average price of $151.93 and a 200-day moving average price of $141.56. S&P Global Inc. has a 12 month low of $107.21 and a 12 month high of $158.35. The stock has a market cap of $39.44 billion, a P/E ratio of 17.88 and a beta of 1.51.

S&P Global (NYSE:SPGI) last posted its quarterly earnings data on Thursday, July 27th. The business services provider reported $1.72 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.57 by $0.15. The firm had revenue of $1.51 billion during the quarter, compared to analysts’ expectations of $1.46 billion. S&P Global had a net margin of 38.78% and a return on equity of 202.37%. The firm’s quarterly revenue was up 1.8% on a year-over-year basis. During the same quarter last year, the company posted $1.44 EPS. On average, equities analysts forecast that S&P Global Inc. will post $6.34 earnings per share for the current year.

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 12th. Shareholders of record on Monday, August 28th were issued a dividend of $0.41 per share. The ex-dividend date was Thursday, August 24th. This represents a $1.64 dividend on an annualized basis and a yield of 1.07%. S&P Global’s dividend payout ratio (DPR) is presently 19.16%.

S&P Global Profile

S&P Global Inc, formerly McGraw Hill Financial Inc, is a provider of ratings, benchmarks, analytics and data to the capital and commodity markets around the world. The Company operates through three segments: Ratings, which provides credit ratings, research and analytics to investors, issuers and other market participants; Market and Commodities Intelligence, which offers multi-asset-class data, research and analytical capabilities that integrate cross-asset analytics and desktop services, and deliver their customers in the commodity and energy markets access to information, data, analytic services and pricing and benchmarks, and S&P Dow Jones Indices (Indices), which is an index provider that maintains a range of valuation and index benchmarks for investment advisors, wealth managers and institutional investors.

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Institutional Ownership by Quarter for S&P Global (NYSE:SPGI)

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