Willis Investment Counsel Grows Stock Holdings in S&P Global Inc. $SPGI

Willis Investment Counsel boosted its stake in shares of S&P Global Inc. (NYSE:SPGI) by 21.9% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 16,757 shares of the business services provider’s stock after buying an additional 3,012 shares during the quarter. Willis Investment Counsel’s holdings in S&P Global were worth $6,824,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently added to or reduced their stakes in the company. Rehmann Capital Advisory Group lifted its position in shares of S&P Global by 1.2% during the 3rd quarter. Rehmann Capital Advisory Group now owns 1,925 shares of the business services provider’s stock valued at $937,000 after acquiring an additional 22 shares during the period. Salomon & Ludwin LLC grew its holdings in shares of S&P Global by 14.2% in the 4th quarter. Salomon & Ludwin LLC now owns 185 shares of the business services provider’s stock worth $99,000 after acquiring an additional 23 shares during the period. Washington Trust Bank increased its stake in S&P Global by 1.2% in the 4th quarter. Washington Trust Bank now owns 1,888 shares of the business services provider’s stock valued at $987,000 after purchasing an additional 23 shares in the last quarter. Davidson Trust Co. increased its stake in S&P Global by 1.4% in the 4th quarter. Davidson Trust Co. now owns 1,727 shares of the business services provider’s stock valued at $903,000 after purchasing an additional 24 shares in the last quarter. Finally, Hibernia Wealth Partners LLC raised its holdings in S&P Global by 3.3% during the first quarter. Hibernia Wealth Partners LLC now owns 754 shares of the business services provider’s stock worth $321,000 after purchasing an additional 24 shares during the last quarter. 87.17% of the stock is owned by hedge funds and other institutional investors.

S&P Global Price Performance

SPGI stock opened at $418.15 on Friday. The stock’s 50 day moving average price is $422.53 and its 200 day moving average price is $429.14. The firm has a market cap of $123.27 billion, a P/E ratio of 25.53, a PEG ratio of 1.90 and a beta of 1.07. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.95 and a current ratio of 0.95. S&P Global Inc. has a 1 year low of $381.61 and a 1 year high of $565.28.

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

S&P Global Announces Dividend

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

Wall Street Analyst Weigh In

A number of research firms have commented on SPGI. Royal Bank Of Canada decreased their target price on S&P Global from $560.00 to $510.00 and set an “outperform” rating on the stock in a research report on Tuesday, July 7th. UBS Group cut their price target on S&P Global from $550.00 to $525.00 and set a “buy” rating for the company in a research note on Tuesday, July 7th. 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. Barclays lowered their price objective on shares of S&P Global from $555.00 to $553.00 and set an “overweight” rating on the stock in a research note on Wednesday, July 29th. Finally, Bank of America dropped their target price on shares of S&P Global from $575.00 to $550.00 and set a “buy” rating for the company in a report on Friday, July 10th. Eighteen analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, S&P Global presently has a consensus rating of “Moderate Buy” and a consensus target price 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.