S&P Global Inc. (NYSE:SPGI) Shares Bought by Whittier Trust Co.

Whittier Trust Co. increased its position in S&P Global Inc. (NYSE:SPGI - Free Report) by 2.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 63,038 shares of the business services provider's stock after buying an additional 1,347 shares during the period. Whittier Trust Co.'s holdings in S&P Global were worth $31,394,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of the company. Human Investing LLC acquired a new position in shares of S&P Global during the 4th quarter valued at about $30,000. Noble Wealth Management PBC purchased a new stake in S&P Global in the fourth quarter valued at approximately $31,000. Dunhill Financial LLC increased 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 worth $36,000 after purchasing an additional 34 shares during the last quarter. Sound Income Strategies LLC raised its stake in S&P Global by 700.0% during the fourth quarter. Sound Income Strategies LLC now owns 72 shares of the business services provider's stock worth $36,000 after purchasing an additional 63 shares during the period. Finally, BankPlus Trust Department acquired a new position in shares of S&P Global in the 4th quarter valued at $40,000. Institutional investors and hedge funds own 87.17% of the company's stock.

S&P Global Stock Up 1.2 %

Shares of S&P Global stock traded up $6.12 during trading on Monday, reaching $504.00. The company had a trading volume of 1,560,643 shares, compared to its average volume of 1,156,536. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.85 and a current ratio of 0.85. S&P Global Inc. has a fifty-two week low of $407.69 and a fifty-two week high of $545.39. The firm's fifty day moving average is $514.28 and its 200-day moving average is $510.31. The company has a market cap of $155.13 billion, a price-to-earnings ratio of 40.81, a price-to-earnings-growth ratio of 2.41 and a beta of 1.20.

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S&P Global (NYSE:SPGI - Get Free Report) last announced its quarterly earnings data 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 quarter in the previous year, the company earned $3.13 EPS. On average, analysts anticipate that S&P Global Inc. will post 17.11 EPS for the current year.

S&P Global Increases Dividend

The firm also recently disclosed 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 dividend on an annualized basis and a yield of 0.76%. The ex-dividend date was Wednesday, February 26th. This is an increase from S&P Global's previous quarterly dividend of $0.91. S&P Global's payout ratio is currently 31.09%.

Analysts Set New Price Targets

A number of analysts have recently commented on the company. Oppenheimer dropped their price objective on S&P Global from $590.00 to $580.00 and set an "outperform" rating for the company in a report on Friday, January 3rd. Wells Fargo & Company raised their price objective on S&P Global from $617.00 to $633.00 and gave the stock an "overweight" rating in a report on Wednesday, February 12th. Morgan Stanley boosted their target price on S&P Global from $595.00 to $600.00 and gave the stock an "overweight" rating in a report on Wednesday, February 12th. BMO Capital Markets raised their price target on shares of S&P Global from $576.00 to $590.00 and gave the company an "outperform" rating in a report on Thursday, February 13th. Finally, Evercore ISI boosted their price objective on shares of S&P Global from $599.00 to $608.00 and gave the stock an "outperform" rating in a research note on Wednesday, February 12th. Three equities research analysts have rated the stock with a hold rating and fourteen have given a buy rating to the company. According to MarketBeat.com, S&P Global has an average rating of "Moderate Buy" and a consensus target price of $590.86.

About S&P Global

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.