Compass Wealth Management LLC Makes New Investment in S&P Global Inc. $SPGI

Compass Wealth Management LLC purchased a new stake in shares of S&P Global Inc. (NYSE:SPGI) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 3,637 shares of the business services provider’s stock, valued at approximately $1,481,000.

A number of other institutional investors also recently modified their holdings of the company. Joseph Group Capital Management acquired a new stake in shares of S&P Global in the fourth quarter worth $29,000. North Star Investment Management Corp. grew its stake in S&P Global by 134.6% in the 4th quarter. North Star Investment Management Corp. now owns 61 shares of the business services provider’s stock valued at $32,000 after buying an additional 35 shares during the last quarter. Palladiem LLC bought a new position in S&P Global in the 4th quarter worth $36,000. Palisade Asset Management LLC bought a new position in S&P Global in the 3rd quarter worth $36,000. Finally, Swiss RE Ltd. acquired a new position in S&P Global during the 4th quarter worth $39,000. Institutional investors own 87.17% of the company’s stock.

S&P Global Trading Up 1.9%

S&P Global stock opened at $418.51 on Wednesday. The business has a 50 day moving average price of $422.28 and a two-hundred day moving average price of $426.80. The company has a quick ratio of 0.95, a current ratio of 0.95 and a debt-to-equity ratio of 0.40. The stock has a market cap of $123.38 billion, a price-to-earnings ratio of 25.55, a price-to-earnings-growth ratio of 1.88 and a beta of 1.07. S&P Global Inc. has a 12 month low of $381.61 and a 12 month high of $559.60.

S&P Global (NYSE:SPGI) last issued its earnings results on Tuesday, July 28th. The business services provider reported $4.83 EPS for the quarter, topping the consensus estimate of $4.81 by $0.02. S&P Global had a return on equity of 17.74% and a net margin of 31.37%.The firm had revenue of $4.15 billion during the quarter, compared to analysts’ expectations of $4.09 billion. During the same period last year, the business earned $4.43 earnings per share. S&P Global’s quarterly revenue was up 10.4% compared to the same quarter last year. S&P Global has set its FY 2026 guidance at 17.500-17.750 EPS. As a group, equities analysts forecast that S&P Global Inc. will post 17.75 EPS for the current year.

S&P Global Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 10th. Shareholders of record on Wednesday, August 26th will be issued a dividend of $0.97 per share. The ex-dividend date of this dividend is Wednesday, August 26th. This represents a $3.88 dividend on an annualized basis and a dividend yield of 0.9%. S&P Global’s dividend payout ratio (DPR) is presently 23.69%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on SPGI shares. Weiss Ratings restated a “hold (c)” rating on shares of S&P Global in a report on Monday, July 6th. Bank of America dropped their price objective on S&P Global from $575.00 to $550.00 and set a “buy” rating on the stock in a research note on Friday, July 10th. UBS Group cut their price objective on S&P Global from $550.00 to $525.00 and set a “buy” rating for the company in a research report on Tuesday, July 7th. Mizuho increased their target price on S&P Global from $551.00 to $554.00 and gave the company an “outperform” rating in a research note on Tuesday, May 5th. Finally, Royal Bank Of Canada lowered their target price on S&P Global from $560.00 to $510.00 and set an “outperform” rating on the stock in a report on Tuesday, July 7th. Eighteen equities research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, S&P Global currently has a consensus rating of “Moderate Buy” and an average price target of $523.59.

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.