Dynamic Advisor Solutions LLC Sells 4,569 Shares of S&P Global Inc. $SPGI

Dynamic Advisor Solutions LLC trimmed its position in S&P Global Inc. (NYSE:SPGI) by 40.4% during the second quarter, HoldingsChannel reports. The institutional investor owned 6,741 shares of the business services provider’s stock after selling 4,569 shares during the period. Dynamic Advisor Solutions LLC’s holdings in S&P Global were worth $2,745,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of the company. Dorsey Asset Management LLC purchased a new position in S&P Global in the 1st quarter worth approximately $94,716,000. Troy Asset Management Ltd increased its holdings in shares of S&P Global by 26.2% in the 4th quarter. Troy Asset Management Ltd now owns 41,706 shares of the business services provider’s stock worth $21,795,000 after buying an additional 8,652 shares during the last quarter. Capital International Inc. CA raised its position in shares of S&P Global by 11.6% during the 4th quarter. Capital International Inc. CA now owns 70,716 shares of the business services provider’s stock valued at $36,955,000 after buying an additional 7,343 shares in the last quarter. Pictet Asset Management Holding SA raised its position in shares of S&P Global by 6.1% during the 4th quarter. Pictet Asset Management Holding SA now owns 205,642 shares of the business services provider’s stock valued at $107,480,000 after buying an additional 11,843 shares in the last quarter. Finally, Bartlett & CO. Wealth Management LLC lifted its holdings in shares of S&P Global by 2.3% during the 4th quarter. Bartlett & CO. Wealth Management LLC now owns 120,642 shares of the business services provider’s stock worth $63,047,000 after acquiring an additional 2,672 shares during the last quarter. 87.17% of the stock is owned by institutional investors.

S&P Global Trading Up 0.7%

SPGI opened at $408.06 on Friday. S&P Global Inc. has a one year low of $381.61 and a one 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 0.95. The business has a 50 day simple moving average of $423.21 and a two-hundred day simple moving average of $433.33. The firm has a market capitalization of $120.30 billion, a price-to-earnings ratio of 24.91, a PEG ratio of 1.83 and a beta of 1.07.

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

S&P Global Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 10th. Investors of record on Wednesday, August 26th will be issued a $0.97 dividend. The ex-dividend date is Wednesday, August 26th. This represents a $3.88 annualized dividend and a yield of 1.0%. S&P Global’s payout ratio is 23.69%.

Wall Street Analyst Weigh In

A number of research analysts recently commented on the company. The Goldman Sachs Group reduced their target price on S&P Global from $539.00 to $490.00 and set a “buy” rating on the stock in a research note on Wednesday, July 1st. Weiss Ratings reaffirmed a “hold (c)” rating on shares of S&P Global in a research note on Monday, July 6th. Citigroup upped their price objective on S&P Global from $454.00 to $500.00 and gave the stock a “buy” rating in a report on Wednesday, July 29th. Morgan Stanley reduced their price objective on S&P Global from $557.00 to $525.00 and set an “overweight” rating on the stock in a research report on Tuesday, July 7th. Finally, Evercore decreased their price objective on S&P Global from $625.00 to $560.00 and set an “outperform” rating on the stock in a report on Thursday, April 16th. Eighteen equities research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $523.59.

S&P Global 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.