Blair William & Co. IL Has $104.40 Million Stake in S&P Global Inc. $SPGI

Blair William & Co. IL increased its stake in S&P Global Inc. (NYSE:SPGI) by 4.1% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 214,509 shares of the business services provider’s stock after acquiring an additional 8,514 shares during the quarter. Blair William & Co. IL’s holdings in S&P Global were worth $104,403,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. MTM Investment Management LLC bought a new position in S&P Global during the second quarter worth $27,000. J.Safra Asset Management Corp bought a new stake in S&P Global in the third quarter valued at $29,000. Howard Hughes Medical Institute bought a new stake in S&P Global in the second quarter valued at $36,000. First Pacific Financial increased its stake in S&P Global by 51.0% in the third quarter. First Pacific Financial now owns 74 shares of the business services provider’s stock valued at $36,000 after purchasing an additional 25 shares in the last quarter. Finally, TruNorth Capital Management LLC raised its holdings in shares of S&P Global by 937.5% during the third quarter. TruNorth Capital Management LLC now owns 83 shares of the business services provider’s stock valued at $40,000 after purchasing an additional 75 shares during the period. Institutional investors and hedge funds own 87.17% of the company’s stock.

S&P Global Stock Up 0.3%

S&P Global stock opened at $452.52 on Friday. The firm has a market capitalization of $135.21 billion, a price-to-earnings ratio of 30.89, a price-to-earnings-growth ratio of 2.00 and a beta of 1.23. The firm’s fifty day moving average price is $483.57 and its two-hundred day moving average price is $498.40. S&P Global Inc. has a 1-year low of $381.61 and a 1-year high of $579.05. The company has a current ratio of 0.82, a quick ratio of 0.82 and a debt-to-equity ratio of 0.40.

S&P Global (NYSE:SPGI) last posted its earnings results on Tuesday, February 10th. The business services provider reported $4.30 EPS 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 the consensus estimate of $3.89 billion. During the same period in the previous year, the firm earned $3.77 earnings per share. The company’s revenue 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. On average, equities research analysts predict that S&P Global Inc. will post 17.11 earnings per share for the current fiscal year.

S&P Global Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 11th. Shareholders of record on Wednesday, February 25th will be issued a dividend of $0.97 per share. The ex-dividend date of this dividend is Wednesday, February 25th. This represents a $3.88 dividend on an annualized basis and a yield of 0.9%. This is an increase from S&P Global’s previous quarterly dividend of $0.96. S&P Global’s dividend payout ratio is presently 26.48%.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently issued reports on the stock. UBS Group cut their price objective on shares of 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. Royal Bank Of Canada decreased their target price on S&P Global from $620.00 to $560.00 and set an “outperform” rating for the company in a research report on Wednesday, February 11th. BMO Capital Markets dropped their price target 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. Wells Fargo & Company cut their price target 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. Finally, Mizuho decreased their price objective on S&P Global from $657.00 to $551.00 and set an “outperform” rating for the company in a report on Thursday, February 12th. One analyst has rated the stock with a Strong Buy rating and seventeen have assigned a Buy rating to the stock. According to MarketBeat, S&P Global has an average rating of “Buy” and a consensus price target of $562.67.

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.