Evelyn Partners Investment Management LLP Purchases 2,385 Shares of S&P Global Inc. $SPGI

Evelyn Partners Investment Management LLP increased its position in shares of S&P Global Inc. (NYSE:SPGI) by 3.1% during the fourth quarter, HoldingsChannel reports. The fund owned 80,453 shares of the business services provider’s stock after buying an additional 2,385 shares during the quarter. S&P Global comprises about 1.2% of Evelyn Partners Investment Management LLP’s portfolio, making the stock its 19th largest holding. Evelyn Partners Investment Management LLP’s holdings in S&P Global were worth $42,044,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. YANKCOM Partnership grew its position in S&P Global by 7.9% during the 4th quarter. YANKCOM Partnership now owns 259 shares of the business services provider’s stock worth $135,000 after acquiring an additional 19 shares during the last quarter. LeConte Wealth Management LLC raised its stake in S&P Global by 4.1% during the fourth quarter. LeConte Wealth Management LLC now owns 511 shares of the business services provider’s stock worth $267,000 after buying an additional 20 shares during the last quarter. Elwood & Goetz Wealth Advisory Group LLC raised its stake in S&P Global by 3.3% during the fourth quarter. Elwood & Goetz Wealth Advisory Group LLC now owns 632 shares of the business services provider’s stock worth $330,000 after buying an additional 20 shares during the last quarter. Steigerwald Gordon & Koch Inc. raised its stake in S&P Global by 15.6% during the fourth quarter. Steigerwald Gordon & Koch Inc. now owns 148 shares of the business services provider’s stock worth $77,000 after buying an additional 20 shares during the last quarter. Finally, Embree Financial Group raised its stake in S&P Global by 2.0% during the fourth quarter. Embree Financial Group now owns 1,090 shares of the business services provider’s stock worth $570,000 after buying an additional 21 shares during the last quarter. Institutional investors own 87.17% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts recently commented on SPGI shares. Rothschild & Co Redburn cut their target price on S&P Global from $585.00 to $540.00 in a research report on Thursday, May 7th. JPMorgan Chase & Co. upped their target price on S&P Global from $530.00 to $550.00 and gave the company an “overweight” rating in a research report on Wednesday, April 29th. Evercore cut their target price on S&P Global from $625.00 to $560.00 and set an “outperform” rating on the stock in a research report on Thursday, April 16th. Jefferies Financial Group upped their target price on S&P Global from $500.00 to $535.00 and gave the company a “buy” rating in a research report on Monday, April 27th. Finally, BMO Capital Markets increased their price target on S&P Global from $482.00 to $495.00 and gave the stock an “outperform” rating in a report on Tuesday, March 17th. Seventeen research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat, S&P Global presently has a consensus rating of “Moderate Buy” and a consensus target price of $546.39.

Insiders Place Their Bets

In other news, Director Robert Edward Jr. Moritz bought 1,152 shares of the firm’s stock in a transaction on Thursday, April 30th. The stock was acquired at an average cost of $434.03 per share, with a total value of $500,002.56. Following the completion of the transaction, the director directly owned 1,152 shares of the company’s stock, valued at $500,002.56. This represents a ∞ increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO Martina Cheung purchased 2,322 shares of S&P Global stock in a transaction dated Wednesday, April 29th. The stock was bought at an average price of $429.93 per share, with a total value of $998,297.46. Following the completion of the transaction, the chief executive officer owned 27,518 shares of the company’s stock, valued at $11,830,813.74. This represents a 9.22% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Insiders bought 5,974 shares of company stock valued at $2,576,775 over the last ninety days. 0.03% of the stock is currently owned by insiders.

S&P Global Stock Performance

Shares of SPGI opened at $419.53 on Friday. The company has a current ratio of 0.68, a quick ratio of 0.68 and a debt-to-equity ratio of 0.34. The company has a market capitalization of $124.18 billion, a price-to-earnings ratio of 26.55, a PEG ratio of 1.79 and a beta of 1.08. The stock has a 50 day moving average of $424.82 and a 200 day moving average of $458.93. S&P Global Inc. has a 12 month low of $381.61 and a 12 month high of $579.05.

S&P Global (NYSE:SPGI) last issued its quarterly earnings results on Tuesday, April 28th. The business services provider reported $4.97 EPS for the quarter, beating analysts’ consensus estimates of $4.82 by $0.15. The company had revenue of $4.17 billion during the quarter, compared to the consensus estimate of $4.08 billion. S&P Global had a return on equity of 17.26% and a net margin of 30.37%.S&P Global’s revenue was up 10.4% on a year-over-year basis. During the same period last year, the business posted $4.37 earnings per share. S&P Global has set its FY 2026 guidance at 19.400-19.650 EPS. As a group, sell-side analysts forecast that S&P Global Inc. will post 19.61 earnings per share for the current year.

S&P Global Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, June 10th. Shareholders of record on Friday, May 29th were given a $0.97 dividend. This represents a $3.88 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date of this dividend was Friday, May 29th. S&P Global’s dividend payout ratio (DPR) is currently 24.56%.

About S&P Global

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.