James Hambro & Partners LLP Has $105.71 Million Position in S&P Global Inc. $SPGI

James Hambro & Partners LLP lessened its stake in S&P Global Inc. (NYSE:SPGIFree Report) by 13.1% in the 4th quarter, HoldingsChannel.com reports. The firm owned 202,269 shares of the business services provider’s stock after selling 30,443 shares during the period. S&P Global comprises 3.8% of James Hambro & Partners LLP’s investment portfolio, making the stock its 13th biggest position. James Hambro & Partners LLP’s holdings in S&P Global were worth $105,714,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of the company. J.Safra Asset Management Corp acquired a new stake in shares of S&P Global in the 3rd quarter valued at $29,000. Howard Hughes Medical Institute acquired a new position in shares of S&P Global during the second quarter valued at $36,000. First Pacific Financial lifted its stake in shares of S&P Global by 51.0% during the third quarter. First Pacific Financial now owns 74 shares of the business services provider’s stock valued at $36,000 after acquiring an additional 25 shares during the period. Palisade Asset Management LLC bought a new position in S&P Global in the third quarter valued at about $36,000. Finally, Ameriflex Group Inc. boosted its holdings in S&P Global by 171.4% in the third quarter. Ameriflex Group Inc. now owns 76 shares of the business services provider’s stock valued at $37,000 after acquiring an additional 48 shares during the last quarter. 87.17% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several analysts have weighed in on SPGI shares. Royal Bank Of Canada dropped their price objective on S&P Global from $620.00 to $560.00 and set an “outperform” rating for the company in a report on Wednesday, February 11th. BMO Capital Markets raised their target price on shares of S&P Global from $482.00 to $495.00 and gave the company an “outperform” rating in a research note on Tuesday, March 17th. Wells Fargo & Company lowered their price target on shares of S&P Global from $675.00 to $530.00 and set an “overweight” rating for the company in a research report on Wednesday, February 11th. Stifel Nicolaus dropped their price target on shares of S&P Global from $599.00 to $489.00 and set a “buy” rating for the company in a research note on Wednesday, February 11th. Finally, The Goldman Sachs Group set a $498.00 price objective on shares of S&P Global in a report on Wednesday, February 11th. One analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, S&P Global has an average rating of “Buy” and a consensus target price of $563.53.

Get Our Latest Stock Report on S&P Global

S&P Global Stock Up 2.8%

Shares of NYSE SPGI opened at $417.42 on Tuesday. S&P Global Inc. has a 52-week low of $381.61 and a 52-week high of $579.05. 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 has a market cap of $124.72 billion, a P/E ratio of 28.49, a P/E/G ratio of 1.80 and a beta of 1.23. The firm has a 50 day moving average price of $447.45 and a 200 day moving average price of $483.68.

S&P Global (NYSE:SPGIGet Free Report) last posted its earnings results on Tuesday, February 10th. The business services provider reported $4.30 earnings per share for the quarter, missing the consensus estimate 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 firm had revenue of $3.92 billion during the quarter, compared to analyst estimates of $3.89 billion. During the same quarter last year, the business posted $3.77 earnings per share. The company’s revenue for the quarter 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. Analysts expect 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. Shareholders of record on Wednesday, February 25th were issued a dividend of $0.97 per share. This is a boost from S&P Global’s previous quarterly dividend of $0.96. This represents a $3.88 annualized dividend and a yield of 0.9%. The ex-dividend date was Wednesday, February 25th. S&P Global’s dividend payout ratio is presently 26.48%.

S&P Global Profile

(Free Report)

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.

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Institutional Ownership by Quarter for S&P Global (NYSE:SPGI)

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