S&P Global Inc. $SPGI Position Decreased by Round Hill Asset Management

Round Hill Asset Management lessened its holdings in S&P Global Inc. (NYSE:SPGI) by 6.8% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 25,236 shares of the business services provider’s stock after selling 1,836 shares during the quarter. S&P Global accounts for 8.1% of Round Hill Asset Management’s investment portfolio, making the stock its largest position. Round Hill Asset Management’s holdings in S&P Global were worth $12,283,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in the business. Kingsview Wealth Management LLC increased its holdings in S&P Global by 1.2% during the third quarter. Kingsview Wealth Management LLC now owns 11,603 shares of the business services provider’s stock worth $5,647,000 after buying an additional 133 shares during the last quarter. 111 Capital purchased a new position in S&P Global in the third quarter valued at about $774,000. Elo Mutual Pension Insurance Co grew its position in shares of S&P Global by 1.5% during the 3rd quarter. Elo Mutual Pension Insurance Co now owns 35,705 shares of the business services provider’s stock valued at $17,378,000 after acquiring an additional 518 shares during the period. Smart Money Group LLC increased its stake in shares of S&P Global by 3.9% during the 3rd quarter. Smart Money Group LLC now owns 2,136 shares of the business services provider’s stock worth $1,040,000 after purchasing an additional 80 shares during the last quarter. Finally, Fisher Asset Management LLC increased its stake in shares of S&P Global by 45.9% during the 3rd quarter. Fisher Asset Management LLC now owns 8,619 shares of the business services provider’s stock worth $4,195,000 after purchasing an additional 2,713 shares during the last quarter. 87.17% of the stock is owned by hedge funds and other institutional investors.

S&P Global Trading Up 0.9%

SPGI opened at $441.48 on Monday. 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 stock’s 50 day moving average price is $491.39 and its 200-day moving average price is $501.44. S&P Global Inc. has a one year low of $381.61 and a one year high of $579.05. The stock has a market cap of $131.91 billion, a price-to-earnings ratio of 30.13, a P/E/G ratio of 1.96 and a beta of 1.20.

S&P Global (NYSE:SPGI) last issued its earnings results 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). The company had revenue of $3.92 billion for the quarter, compared to analysts’ expectations of $3.89 billion. S&P Global had a net margin of 29.16% and a return on equity of 16.56%. The firm’s revenue for the quarter was up 9.0% compared to the same quarter last year. During the same period in the prior year, the firm posted $3.77 earnings per share. S&P Global has set its FY 2026 guidance at 19.400-19.650 EPS. On average, equities analysts forecast that S&P Global Inc. will post 17.11 EPS for the current year.

S&P Global Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, March 11th. Stockholders of record on Wednesday, February 25th will be issued a $0.97 dividend. The ex-dividend date is Wednesday, February 25th. This represents a $3.88 dividend on an annualized basis and a dividend yield of 0.9%. This is a boost from S&P Global’s previous quarterly dividend of $0.96. S&P Global’s dividend payout ratio (DPR) is 26.48%.

Wall Street Analyst Weigh In

SPGI has been the topic of several research analyst reports. Robert W. Baird set a $546.00 price objective on S&P Global in a research note on Wednesday, February 11th. BMO Capital Markets lowered their target price on S&P Global from $601.00 to $482.00 and set an “outperform” rating on the stock in a research note on Wednesday, February 11th. UBS Group dropped their price target on S&P Global from $620.00 to $550.00 and set a “buy” rating on the stock in a research report on Tuesday, February 17th. The Goldman Sachs Group set a $498.00 price target on S&P Global in a research note on Wednesday, February 11th. Finally, Bank of America started coverage on S&P Global in a research note on Tuesday, February 17th. They issued a “buy” rating and a $575.00 price objective on the stock. One investment analyst has rated the stock with a Strong Buy rating and seventeen have issued a Buy rating to the company. According to MarketBeat.com, S&P Global has an average rating of “Buy” and an average price target 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.