Strategic Wealth Partners Ltd. Has $159,000 Position in S&P Global Inc. $SPGI

Strategic Wealth Partners Ltd. lowered its position in S&P Global Inc. (NYSE:SPGI) by 89.9% during the second quarter, according to its most recent Form 13F filing with the SEC. The fund owned 390 shares of the business services provider’s stock after selling 3,454 shares during the period. Strategic Wealth Partners Ltd.’s holdings in S&P Global were worth $159,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Vanguard Group Inc. grew its position in S&P Global by 0.4% in the fourth quarter. Vanguard Group Inc. now owns 30,374,366 shares of the business services provider’s stock worth $15,873,340,000 after acquiring an additional 117,728 shares in the last quarter. State Street Corp increased its stake in shares of S&P Global by 1.1% during the 4th quarter. State Street Corp now owns 14,259,690 shares of the business services provider’s stock worth $7,451,971,000 after purchasing an additional 157,301 shares during the last quarter. TCI Fund Management Ltd. raised its holdings in shares of S&P Global by 5.4% during the 4th quarter. TCI Fund Management Ltd. now owns 11,790,310 shares of the business services provider’s stock valued at $6,161,498,000 after purchasing an additional 600,440 shares in the last quarter. Morgan Stanley lifted its stake in shares of S&P Global by 3.3% in the 4th quarter. Morgan Stanley now owns 8,333,099 shares of the business services provider’s stock valued at $4,354,796,000 after purchasing an additional 263,051 shares during the last quarter. Finally, Norges Bank acquired a new stake in shares of S&P Global in the 4th quarter valued at $2,398,991,000. Institutional investors own 87.17% of the company’s stock.

S&P Global Trading Down 0.2%

S&P Global stock opened at $431.10 on Friday. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.95 and a current ratio of 0.95. The business’s 50-day simple moving average is $422.87 and its 200-day simple moving average is $425.46. The firm has a market capitalization of $127.09 billion, a PE ratio of 26.32, a PEG ratio of 1.94 and a beta of 1.07. S&P Global Inc. has a 52 week low of $381.61 and a 52 week high of $559.44.

S&P Global (NYSE:SPGI) last posted its quarterly earnings data on Tuesday, July 28th. The business services provider reported $4.83 earnings per share for the quarter, beating 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 company had revenue of $4.15 billion during the quarter, compared to analysts’ expectations of $4.09 billion. During the same period in the prior year, the business earned $4.43 earnings per share. S&P Global’s revenue for the quarter 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. Equities research analysts forecast that S&P Global Inc. will post 17.75 earnings per share for the current year.

S&P Global Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 10th. Stockholders of record on Wednesday, August 26th will be given 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 is currently 23.69%.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on SPGI. Mizuho upped their price objective on shares of S&P Global from $551.00 to $554.00 and gave the stock an “outperform” rating in a report on Tuesday, May 5th. Stifel Nicolaus raised their target price on S&P Global from $489.00 to $521.00 and gave the company a “buy” rating in a report on Friday, July 17th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of S&P Global in a research report on Monday, July 6th. Royal Bank Of Canada decreased their price target on S&P Global from $560.00 to $510.00 and set an “outperform” rating for the company in a research note on Tuesday, July 7th. Finally, Robert W. Baird lowered their price objective on S&P Global from $521.00 to $513.00 and set an “outperform” rating on the stock in a report on Wednesday, July 29th. Eighteen research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $523.59.

S&P Global Company 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.