Douglass Winthrop Advisors LLC Cuts Stock Position in S&P Global Inc. $SPGI

Douglass Winthrop Advisors LLC lessened its holdings in S&P Global Inc. (NYSE:SPGI) by 0.6% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 245,460 shares of the business services provider’s stock after selling 1,441 shares during the period. S&P Global makes up about 2.1% of Douglass Winthrop Advisors LLC’s investment portfolio, making the stock its 18th largest position. Douglass Winthrop Advisors LLC owned about 0.08% of S&P Global worth $119,468,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of the business. Brighton Jones LLC lifted its holdings in shares of S&P Global by 4.7% in the 4th quarter. Brighton Jones LLC now owns 3,176 shares of the business services provider’s stock valued at $1,582,000 after acquiring an additional 143 shares during the last quarter. Sivia Capital Partners LLC increased its stake in S&P Global by 7.8% during the second quarter. Sivia Capital Partners LLC now owns 1,038 shares of the business services provider’s stock worth $547,000 after acquiring an additional 75 shares during the last quarter. Acadian Asset Management LLC raised its position in S&P Global by 37.7% during the second quarter. Acadian Asset Management LLC now owns 18,253 shares of the business services provider’s stock valued at $9,622,000 after purchasing an additional 4,995 shares during the period. Allworth Financial LP lifted its stake in shares of S&P Global by 21.0% in the 2nd quarter. Allworth Financial LP now owns 2,472 shares of the business services provider’s stock valued at $1,303,000 after purchasing an additional 429 shares during the last quarter. Finally, Forsta AP Fonden lifted its stake in shares of S&P Global by 6.5% in the 2nd quarter. Forsta AP Fonden now owns 98,785 shares of the business services provider’s stock valued at $52,088,000 after purchasing an additional 6,000 shares during the last quarter. Hedge funds and other institutional investors own 87.17% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on SPGI shares. William Blair reissued an “outperform” rating on shares of S&P Global in a research report on Monday, November 17th. Stifel Nicolaus lowered their price target on S&P Global from $599.00 to $489.00 and set a “buy” rating for the company in a research report on Wednesday, February 11th. Wells Fargo & Company dropped their price objective on shares of S&P Global from $675.00 to $530.00 and set an “overweight” rating for the company in a research note on Wednesday, February 11th. Morgan Stanley boosted their price objective on shares of S&P Global from $620.00 to $627.00 and gave the company an “overweight” rating in a research report on Tuesday, January 13th. Finally, BMO Capital Markets reduced their target price on shares of 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. One research analyst has rated the stock with a Strong Buy rating and seventeen have issued a Buy rating to the company’s stock. According to MarketBeat, S&P Global has a consensus rating of “Buy” and an average price target of $562.67.

S&P Global Trading Down 1.5%

SPGI opened at $428.93 on Thursday. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.82 and a current ratio of 0.82. The stock’s 50 day moving average price is $478.18 and its 200-day moving average price is $495.52. S&P Global Inc. has a one year low of $381.61 and a one year high of $579.05. The stock has a market cap of $128.16 billion, a price-to-earnings ratio of 29.28, a P/E/G ratio of 1.93 and a beta of 1.23.

S&P Global (NYSE:SPGI) last issued its quarterly earnings results on Tuesday, February 10th. The business services provider reported $4.30 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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 prior year, the business posted $3.77 earnings per share. S&P Global’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 analysts forecast that S&P Global Inc. will post 17.11 EPS for the current year.

S&P Global Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, March 11th. Stockholders of record on Wednesday, February 25th were given a dividend of $0.97 per share. This represents a $3.88 annualized dividend and a dividend yield of 0.9%. This is a positive change from S&P Global’s previous quarterly dividend of $0.96. The ex-dividend date was Wednesday, February 25th. S&P Global’s dividend payout ratio is 26.48%.

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.