Trivium Point Advisory LLC Has $1.05 Million Position in S&P Global Inc. $SPGI

Trivium Point Advisory LLC reduced its stake in shares of S&P Global Inc. (NYSE:SPGI) by 67.9% during the 3rd quarter, HoldingsChannel reports. The fund owned 2,151 shares of the business services provider’s stock after selling 4,556 shares during the period. Trivium Point Advisory LLC’s holdings in S&P Global were worth $1,047,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of SPGI. Fullcircle Wealth LLC increased its position in S&P Global by 1.0% in the 2nd quarter. Fullcircle Wealth LLC now owns 1,748 shares of the business services provider’s stock worth $984,000 after purchasing an additional 18 shares during the last quarter. Summitry LLC grew its stake in shares of S&P Global by 2.1% in the 2nd quarter. Summitry LLC now owns 883 shares of the business services provider’s stock valued at $466,000 after buying an additional 18 shares in the last quarter. Hamilton Capital LLC raised its position in S&P Global by 4.5% during the second quarter. Hamilton Capital LLC now owns 418 shares of the business services provider’s stock valued at $220,000 after acquiring an additional 18 shares in the last quarter. Sand Hill Global Advisors LLC lifted its stake in S&P Global by 3.1% in the second quarter. Sand Hill Global Advisors LLC now owns 632 shares of the business services provider’s stock valued at $333,000 after acquiring an additional 19 shares during the last quarter. Finally, Chemistry Wealth Management LLC lifted its stake in S&P Global by 0.4% in the third quarter. Chemistry Wealth Management LLC now owns 4,895 shares of the business services provider’s stock valued at $2,382,000 after acquiring an additional 21 shares during the last quarter. 87.17% of the stock is currently owned by hedge funds and other institutional investors.

S&P Global Stock Up 0.9%

SPGI stock opened at $441.48 on Friday. The stock has a market capitalization of $131.91 billion, a price-to-earnings ratio of 30.13, a price-to-earnings-growth ratio of 1.96 and a beta of 1.20. The company has a 50-day moving average of $491.39 and a two-hundred day moving average of $501.86. S&P Global Inc. has a 52-week low of $381.61 and a 52-week high of $579.05. The company has a debt-to-equity ratio of 0.40, a current ratio of 0.82 and a quick ratio of 0.82.

S&P Global (NYSE:SPGI) last posted its quarterly earnings data on Tuesday, February 10th. The business services provider reported $4.30 earnings per share for the quarter, missing the consensus estimate 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 for the quarter, compared to analyst estimates of $3.89 billion. During the same period in the prior year, the firm posted $3.77 EPS. S&P Global’s revenue for the quarter was up 9.0% on a year-over-year basis. S&P Global has set its FY 2026 guidance at 19.400-19.650 EPS. As a group, equities research analysts anticipate that S&P Global Inc. will post 17.11 EPS for the current year.

S&P Global Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 11th. Stockholders of record on Wednesday, February 25th will be given a $0.97 dividend. 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%. The ex-dividend date of this dividend is Wednesday, February 25th. S&P Global’s dividend payout ratio (DPR) is currently 26.48%.

Wall Street Analyst Weigh In

Several analysts have commented on SPGI shares. Bank of America began coverage on shares of S&P Global in a research report on Tuesday, February 17th. They issued a “buy” rating and a $575.00 target price for the company. Wells Fargo & Company cut their target price on S&P Global from $675.00 to $530.00 and set an “overweight” rating on the stock in a report on Wednesday, February 11th. BMO Capital Markets decreased their price target on S&P Global from $601.00 to $482.00 and set an “outperform” rating for the company in a research note on Wednesday, February 11th. The Goldman Sachs Group set a $498.00 price objective on S&P Global in a report on Wednesday, February 11th. Finally, Robert W. Baird set a $546.00 price objective on S&P Global in a research note on Wednesday, February 11th. One research analyst has rated the stock with a Strong Buy rating and seventeen have assigned a Buy rating to the stock. According to MarketBeat.com, S&P Global presently has an average rating of “Buy” and an average target price of $562.67.

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.