EverSource Wealth Advisors LLC Raises Stock Holdings in S&P Global Inc. $SPGI

EverSource Wealth Advisors LLC increased its holdings in shares of S&P Global Inc. (NYSE:SPGI) by 86.6% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 2,877 shares of the business services provider’s stock after acquiring an additional 1,335 shares during the quarter. EverSource Wealth Advisors LLC’s holdings in S&P Global were worth $1,224,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of the business. Dorsey Asset Management LLC bought a new stake in shares of S&P Global in the 1st quarter worth approximately $94,716,000. Troy Asset Management Ltd grew its holdings in S&P Global by 26.2% during the fourth quarter. Troy Asset Management Ltd now owns 41,706 shares of the business services provider’s stock valued at $21,795,000 after purchasing an additional 8,652 shares during the period. Capital International Inc. CA grew its holdings in S&P Global by 11.6% during the fourth quarter. Capital International Inc. CA now owns 70,716 shares of the business services provider’s stock valued at $36,955,000 after purchasing an additional 7,343 shares during the period. V Square Quantitative Management LLC purchased a new stake in S&P Global in the fourth quarter worth $3,652,000. Finally, Bartlett & CO. Wealth Management LLC increased its position in S&P Global by 2.3% in the fourth quarter. Bartlett & CO. Wealth Management LLC now owns 120,642 shares of the business services provider’s stock worth $63,047,000 after buying an additional 2,672 shares during the last quarter. Hedge funds and other institutional investors own 87.17% of the company’s stock.

Key S&P Global News

Here are the key news stories impacting S&P Global this week:

• Positive Sentiment: Wells Fargo issued a Buy rating on S&P Global, adding to the bullish case for the stock. Wells Fargo Releases a Buy Rating on S&P Global
• Positive Sentiment: Citigroup said S&P Global’s stock price is expected to rise, providing a positive counterpoint to the more cautious views from other analysts. Citigroup Analyst Says S&P Global Stock Price Expected to Rise
• Positive Sentiment: S&P Global agreed to acquire a stake in African ratings firm Agusto, expanding its presence in a developing credit-markets region and potentially supporting long-term growth. S&P Global Buys Into African Ratings With Agusto Deal
• Positive Sentiment: An investment analysis described the recent selloff as a potential buying opportunity, arguing that the company’s long-term fundamentals remain attractive. S&P Global: Why This Selloff Is a Rare Buying Opportunity
• Neutral Sentiment: Analysts remain divided on S&P Global, with bullish ratings offset by concerns about valuation and earnings estimates. Analysts Conflicted on S&P Global
• Neutral Sentiment: S&P Global underperformed some industry peers in the latest trading session, indicating weaker near-term market momentum. S&P Global Stock Underperforms Competitors
• Negative Sentiment: Robert W. Baird issued a pessimistic forecast for S&P Global’s stock price, adding pressure to the shares. Robert W. Baird Issues Pessimistic Forecast
• Negative Sentiment: JPMorgan Chase also issued a cautious stock-price forecast, reinforcing concerns about limited upside. JPMorgan Issues Pessimistic Forecast
• Negative Sentiment: Erste Group Bank reduced its FY2027 earnings-per-share forecast, signaling expectations for slower future profit growth. Erste Group Bank Cuts S&P Global FY2027 EPS Forecast
• Negative Sentiment: One valuation analysis called the stock slightly overvalued even after its substantial decline, which may discourage near-term buyers. S&P Global Stock Looks Slightly Overvalued

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on SPGI shares. Bank of America dropped their price target on S&P Global from $575.00 to $550.00 and set a “buy” rating on the stock in a research report on Friday, July 10th. Royal Bank Of Canada lowered their price objective on S&P Global from $560.00 to $510.00 and set an “outperform” rating on the stock in a research note on Tuesday, July 7th. Wall Street Zen raised shares of S&P Global to a “hold” rating in a report on Saturday, July 4th. Zacks Research lowered shares of S&P Global from a “hold” rating to a “strong sell” rating in a research report on Monday, July 20th. Finally, Robert W. Baird reduced their target price on shares of S&P Global from $521.00 to $513.00 and set an “outperform” rating for the company in a research note on Wednesday. Eighteen analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $523.59.

S&P Global Trading Down 0.7%

NYSE:SPGI opened at $412.24 on Friday. The company has a market cap of $121.53 billion, a P/E ratio of 25.17, a P/E/G ratio of 2.21 and a beta of 1.08. The stock’s fifty day moving average price is $423.91 and its two-hundred day moving average price is $438.02. S&P Global Inc. has a 1 year low of $381.61 and a 1 year high of $579.05. The company has a debt-to-equity ratio of 0.40, a current ratio of 0.95 and a quick ratio of 0.68.

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

S&P Global Announces Dividend

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

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.