S&P Global Inc. $SPGI Stock Holdings Raised by Ycg LLC

Ycg LLC grew its stake in S&P Global Inc. (NYSE:SPGI) by 4.3% during the third quarter, HoldingsChannel.com reports. The firm owned 85,103 shares of the business services provider’s stock after purchasing an additional 3,471 shares during the period. S&P Global makes up approximately 3.1% of Ycg LLC’s holdings, making the stock its 15th biggest holding. Ycg LLC’s holdings in S&P Global were worth $41,420,000 as of its most recent filing with the SEC.

Several other large investors have also modified their holdings of the stock. Vanguard Group Inc. increased its holdings in S&P Global by 1.1% in the second quarter. Vanguard Group Inc. now owns 30,094,919 shares of the business services provider’s stock valued at $15,868,750,000 after buying an additional 315,916 shares during the last quarter. TCI Fund Management Ltd. grew its position in shares of S&P Global by 7.0% in the 2nd quarter. TCI Fund Management Ltd. now owns 11,091,623 shares of the business services provider’s stock worth $5,848,502,000 after acquiring an additional 730,354 shares in the last quarter. Geode Capital Management LLC increased its holdings in shares of S&P Global by 0.6% in the 2nd quarter. Geode Capital Management LLC now owns 6,793,282 shares of the business services provider’s stock valued at $3,565,889,000 after acquiring an additional 42,724 shares during the last quarter. Norges Bank bought a new stake in shares of S&P Global in the 2nd quarter valued at approximately $2,188,945,000. Finally, Valeo Financial Advisors LLC raised its position in shares of S&P Global by 70,734.1% during the 2nd quarter. Valeo Financial Advisors LLC now owns 3,168,411 shares of the business services provider’s stock valued at $1,670,671,000 after acquiring an additional 3,163,938 shares in the last quarter. Institutional investors own 87.17% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on SPGI shares. JPMorgan Chase & Co. decreased their price objective on shares of S&P Global from $635.00 to $615.00 and set an “overweight” rating for the company in a report on Friday, October 31st. William Blair restated an “outperform” rating on shares of S&P Global in a research report on Monday, November 17th. Mizuho boosted their price objective on shares of S&P Global from $637.00 to $643.00 and gave the company an “outperform” rating in a research report on Thursday, October 16th. Evercore ISI increased their price objective on shares of S&P Global from $629.00 to $632.00 and gave the stock an “outperform” rating in a research note on Thursday, January 8th. Finally, Stifel Nicolaus decreased their target price on S&P Global from $625.00 to $599.00 and set a “buy” rating for the company in a research note on Friday, October 31st. Two analysts have rated the stock with a Strong Buy rating and sixteen have given a Buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus price target of $615.64.

S&P Global Trading Up 0.2%

S&P Global stock opened at $546.25 on Friday. S&P Global Inc. has a 52-week low of $427.14 and a 52-week high of $579.05. The company has a quick ratio of 0.97, a current ratio of 0.97 and a debt-to-equity ratio of 0.34. The firm has a market capitalization of $165.40 billion, a price-to-earnings ratio of 39.73, a PEG ratio of 2.33 and a beta of 1.21. The firm has a 50-day moving average price of $511.03 and a two-hundred day moving average price of $517.23.

S&P Global (NYSE:SPGI) last released its quarterly earnings results on Thursday, October 30th. The business services provider reported $4.73 earnings per share for the quarter, beating analysts’ consensus estimates of $4.26 by $0.47. The company had revenue of $3.89 billion for the quarter, compared to analysts’ expectations of $3.77 billion. S&P Global had a return on equity of 15.90% and a net margin of 28.10%.The business’s revenue for the quarter was up 8.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $3.89 earnings per share. S&P Global has set its FY 2025 guidance at 14.800-15.050 EPS. Sell-side analysts expect that S&P Global Inc. will post 17.11 earnings per share for the current year.

S&P Global Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, March 11th. Shareholders of record on Wednesday, February 25th will be given a dividend of $0.97 per share. This is a boost from S&P Global’s previous quarterly dividend of $0.96. The ex-dividend date is Wednesday, February 25th. This represents a $3.88 dividend on an annualized basis and a yield of 0.7%. S&P Global’s payout ratio is presently 27.93%.

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.