Blair William & Co. IL Grows Position in S&P Global Inc. (NYSE:SPGI)

Blair William & Co. IL raised its holdings in shares of S&P Global Inc. (NYSE:SPGI - Free Report) by 5.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 206,489 shares of the business services provider's stock after acquiring an additional 10,229 shares during the period. Blair William & Co. IL owned approximately 0.07% of S&P Global worth $102,837,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in the business. Human Investing LLC purchased a new position in shares of S&P Global during the 4th quarter valued at approximately $30,000. Noble Wealth Management PBC acquired a new stake in S&P Global during the fourth quarter valued at $31,000. Dunhill Financial LLC grew its position in S&P Global by 94.4% during the third quarter. Dunhill Financial LLC now owns 70 shares of the business services provider's stock valued at $36,000 after buying an additional 34 shares during the period. Sound Income Strategies LLC increased its holdings in S&P Global by 700.0% in the fourth quarter. Sound Income Strategies LLC now owns 72 shares of the business services provider's stock valued at $36,000 after buying an additional 63 shares in the last quarter. Finally, BankPlus Trust Department acquired a new position in shares of S&P Global in the fourth quarter worth about $40,000. 87.17% of the stock is owned by hedge funds and other institutional investors.

S&P Global Price Performance

Shares of NYSE:SPGI traded down $6.31 during midday trading on Friday, hitting $502.33. The company had a trading volume of 1,140,449 shares, compared to its average volume of 1,220,368. S&P Global Inc. has a twelve month low of $407.69 and a twelve month high of $545.39. The stock has a market cap of $157.65 billion, a price-to-earnings ratio of 40.67, a price-to-earnings-growth ratio of 2.41 and a beta of 1.20. The company has a debt-to-equity ratio of 0.34, a current ratio of 0.85 and a quick ratio of 0.85. The business's 50-day simple moving average is $515.20 and its 200-day simple moving average is $510.14.

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S&P Global (NYSE:SPGI - Get Free Report) last issued its earnings results on Tuesday, February 11th. The business services provider reported $3.77 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.41 by $0.36. S&P Global had a return on equity of 14.33% and a net margin of 27.12%. During the same period in the previous year, the company posted $3.13 earnings per share. On average, research analysts predict that S&P Global Inc. will post 17.11 earnings per share for the current year.

S&P Global Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, March 12th. Shareholders of record on Wednesday, February 26th were issued a $0.96 dividend. This represents a $3.84 annualized dividend and a yield of 0.76%. This is a positive change from S&P Global's previous quarterly dividend of $0.91. The ex-dividend date of this dividend was Wednesday, February 26th. S&P Global's payout ratio is presently 31.09%.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on the company. Morgan Stanley lifted their price target on S&P Global from $595.00 to $600.00 and gave the company an "overweight" rating in a research note on Wednesday, February 12th. Oppenheimer cut their price objective on S&P Global from $590.00 to $580.00 and set an "outperform" rating for the company in a research report on Friday, January 3rd. Mizuho started coverage on S&P Global in a research report on Wednesday, March 12th. They set an "outperform" rating and a $599.00 target price on the stock. UBS Group upped their price objective on shares of S&P Global from $610.00 to $640.00 and gave the stock a "buy" rating in a research report on Tuesday, February 18th. Finally, Citigroup initiated coverage on shares of S&P Global in a research report on Friday, December 20th. They issued a "buy" rating and a $600.00 target price on the stock. Three analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus price target of $590.86.

S&P Global Company Profile

S&P Global, Inc engages in the provision of transparent and independent ratings, benchmarks, analytics, and data to the capital and commodity markets worldwide. It operates through the following segments: Market Intelligence, Ratings, Commodity Insights, Mobility, Indices, and Engineering Solutions.