S&P Global Inc. $SPGI Shares Sold by Aspiriant LLC

Aspiriant LLC decreased its stake in shares of S&P Global Inc. (NYSE:SPGI) by 13.3% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 422 shares of the business services provider’s stock after selling 65 shares during the period. Aspiriant LLC’s holdings in S&P Global were worth $223,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in SPGI. Cheviot Value Management LLC bought a new stake in S&P Global during the first quarter worth approximately $26,000. Costello Asset Management INC bought a new position in S&P Global during the 1st quarter valued at $26,000. Oliver Lagore Vanvalin Investment Group acquired a new position in shares of S&P Global during the 2nd quarter valued at $26,000. Smallwood Wealth Investment Management LLC bought a new stake in shares of S&P Global in the 1st quarter worth $28,000. Finally, CBIZ Investment Advisory Services LLC boosted its stake in S&P Global by 103.3% during the first quarter. CBIZ Investment Advisory Services LLC now owns 61 shares of the business services provider’s stock valued at $31,000 after buying an additional 31 shares in the last quarter. 87.17% of the stock is currently owned by institutional investors.

S&P Global Stock Up 0.4%

Shares of S&P Global stock opened at $473.76 on Friday. S&P Global Inc. has a 1 year low of $427.14 and a 1 year high of $579.05. The company has a market cap of $144.64 billion, a P/E ratio of 36.44, a P/E/G ratio of 2.50 and a beta of 1.19. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 0.34. The stock has a 50-day moving average price of $521.74 and a 200 day moving average price of $513.25.

S&P Global (NYSE:SPGI) last released its earnings results on Monday, February 28th. The business services provider reported $2.33 earnings per share for the quarter. The company had revenue of $1.87 billion for the quarter. S&P Global had a return on equity of 15.11% and a net margin of 27.30%. As a group, analysts expect that S&P Global Inc. will post 17.11 EPS for the current fiscal year.

S&P Global Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, December 10th. Shareholders of record on Tuesday, November 25th will be given a $0.96 dividend. The ex-dividend date is Tuesday, November 25th. This represents a $3.84 dividend on an annualized basis and a yield of 0.8%. S&P Global’s dividend payout ratio is presently 29.54%.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on the stock. Weiss Ratings reissued a “buy (b)” rating on shares of S&P Global in a report on Wednesday, October 8th. Morgan Stanley increased their target price on shares of S&P Global from $615.00 to $620.00 and gave the company an “overweight” rating in a research note on Thursday, October 9th. Oppenheimer lifted their price target on shares of S&P Global from $567.00 to $592.00 and gave the stock an “outperform” rating in a research report on Wednesday, July 2nd. Evercore ISI increased their price objective on S&P Global from $613.00 to $619.00 and gave the company an “outperform” rating in a research report on Tuesday, October 14th. Finally, UBS Group raised their price objective on S&P Global from $575.00 to $620.00 and gave the stock a “buy” rating in a research note on Tuesday, July 8th. Two equities research analysts have rated the stock with a Strong Buy rating and fourteen have issued a Buy rating to the stock. Based on data from MarketBeat.com, S&P Global presently has an average rating of “Buy” and a consensus target price of $614.23.

S&P Global Profile

S&P Global, Inc engages in the provision of transparent and independent ratings, benchmarks, analytics, and data to the capital and commodity markets worldwide. It operates through the following segments: Market Intelligence, Ratings, Commodity Insights, Mobility, Indices, and Engineering Solutions.