Triad Investment Management Increases Position in S&P Global Inc. $SPGI

Triad Investment Management increased its holdings in S&P Global Inc. (NYSE:SPGI) by 61.3% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 5,857 shares of the business services provider’s stock after acquiring an additional 2,225 shares during the quarter. S&P Global makes up 2.7% of Triad Investment Management’s portfolio, making the stock its 17th biggest position. Triad Investment Management’s holdings in S&P Global were worth $2,385,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Rehmann Capital Advisory Group increased its holdings in 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 worth $937,000 after purchasing an additional 22 shares during the last quarter. Hibernia Wealth Partners LLC boosted its stake in shares of S&P Global by 3.3% during the 1st quarter. Hibernia Wealth Partners LLC now owns 754 shares of the business services provider’s stock valued at $321,000 after buying an additional 24 shares during the last quarter. Prestige Wealth Management Group LLC boosted its stake in shares of S&P Global by 2.8% during the 4th quarter. Prestige Wealth Management Group LLC now owns 946 shares of the business services provider’s stock valued at $494,000 after buying an additional 26 shares during the last quarter. Legacy Wealth Asset Management LLC grew its position in shares of S&P Global by 1.2% during the second quarter. Legacy Wealth Asset Management LLC now owns 2,272 shares of the business services provider’s stock worth $925,000 after buying an additional 26 shares in the last quarter. Finally, Calydon Capital increased its stake in shares of S&P Global by 4.5% in the fourth quarter. Calydon Capital now owns 607 shares of the business services provider’s stock worth $317,000 after buying an additional 26 shares during the last quarter. Hedge funds and other institutional investors own 87.17% of the company’s stock.

S&P Global Stock Performance

Shares of SPGI opened at $418.95 on Thursday. The business’s fifty day moving average price is $429.49 and its 200 day moving average price is $425.82. S&P Global Inc. has a 12-month low of $381.61 and a 12-month high of $552.25. The stock has a market capitalization of $123.51 billion, a PE ratio of 25.58, a price-to-earnings-growth ratio of 2.07 and a beta of 1.07. The company has a debt-to-equity ratio of 0.40, a current ratio of 0.95 and a quick ratio of 0.95.

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

S&P Global Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 10th. Investors of record on Wednesday, August 26th will be given a dividend of $0.97 per share. This represents a $3.88 dividend on an annualized basis 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 is currently 23.69%.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on the stock. Robert W. Baird set a $513.00 price target on shares of S&P Global in a report on Wednesday, September 2nd. Barclays decreased their price objective on shares of S&P Global from $555.00 to $553.00 and set an “overweight” rating for the company in a report on Wednesday, July 29th. Zacks Research downgraded shares of S&P Global from a “hold” rating to a “strong sell” rating in a research report on Monday, July 20th. Wall Street Zen upgraded shares of S&P Global to a “hold” rating in a research note on Saturday, September 5th. Finally, Stifel Nicolaus increased their price target on shares of S&P Global from $489.00 to $521.00 and gave the stock a “buy” rating in a research report on Friday, July 17th. Eighteen 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 data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $523.59.

S&P Global Company Profile

S&P Global Inc (NYSE: SPGI) provides financial information, analytics, benchmarks and credit ratings to businesses, governments and investors worldwide. Its services are used to evaluate credit risk, analyze markets, value assets, assess commodities and support investment and business decisions.

The company operates through businesses that include S&P Global Ratings, which provides credit ratings and related research; S&P Global Market Intelligence, which delivers financial and industry data, analytics and workflow tools; S&P Global Commodity Insights, which supplies information and pricing assessments for energy and commodity markets; and S&P Dow Jones Indices, which develops and maintains market indexes such as the S&P 500.