Teamwork Financial Advisors LLC Raises Stock Holdings in S&P Global Inc. $SPGI

Teamwork Financial Advisors LLC grew its position in S&P Global Inc. (NYSE:SPGI) by 18.8% in the 4th quarter, Holdings Channel.com reports. The fund owned 29,488 shares of the business services provider’s stock after acquiring an additional 4,669 shares during the quarter. S&P Global comprises about 1.6% of Teamwork Financial Advisors LLC’s holdings, making the stock its 23rd largest position. Teamwork Financial Advisors LLC’s holdings in S&P Global were worth $15,410,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of SPGI. J.Safra Asset Management Corp purchased a new stake in S&P Global in the 3rd quarter valued at $29,000. Howard Hughes Medical Institute purchased a new position in S&P Global during the 2nd quarter worth $36,000. First Pacific Financial grew its position in S&P Global by 51.0% during the 3rd quarter. First Pacific Financial now owns 74 shares of the business services provider’s stock worth $36,000 after purchasing an additional 25 shares during the last quarter. Palisade Asset Management LLC acquired a new position in S&P Global in the third quarter valued at $36,000. Finally, Ameriflex Group Inc. increased its stake 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 purchasing an additional 48 shares during the period. 87.17% of the stock is currently owned by hedge funds and other institutional investors.

S&P Global Stock Down 0.4%

SPGI stock opened at $424.60 on Monday. The stock has a market capitalization of $126.87 billion, a PE ratio of 28.98, a price-to-earnings-growth ratio of 1.88 and a beta of 1.23. The company has a fifty day moving average of $463.18 and a 200-day moving average of $489.17. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.82 and a current ratio of 0.82. S&P Global Inc. has a one year low of $381.61 and a one year high of $579.05.

S&P Global (NYSE:SPGI) last issued its quarterly earnings results on Tuesday, February 10th. The business services provider reported $4.30 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $4.32 by ($0.02). The firm had revenue of $3.92 billion for the quarter, compared to analyst estimates of $3.89 billion. S&P Global had a return on equity of 16.56% and a net margin of 29.16%.The company’s revenue was up 9.0% compared to the same quarter last year. During the same quarter last year, the firm earned $3.77 earnings per share. S&P Global has set its FY 2026 guidance at 19.400-19.650 EPS. As a group, 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 given a dividend of $0.97 per share. This represents a $3.88 annualized dividend and a yield of 0.9%. The ex-dividend date was Wednesday, February 25th. This is a positive change from S&P Global’s previous quarterly dividend of $0.96. S&P Global’s payout ratio is presently 26.48%.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on the stock. UBS Group decreased their target price on shares of S&P Global from $620.00 to $550.00 and set a “buy” rating for the company in a research note on Tuesday, February 17th. Morgan Stanley boosted their price target on S&P Global from $620.00 to $627.00 and gave the company an “overweight” rating in a research report on Tuesday, January 13th. Mizuho reduced their price objective on S&P Global from $657.00 to $551.00 and set an “outperform” rating for the company in a research note on Thursday, February 12th. The Goldman Sachs Group set a $498.00 price objective on S&P Global in a research report on Wednesday, February 11th. Finally, Robert W. Baird set a $546.00 target price on S&P Global in a report on Wednesday, February 11th. One research analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus target price of $563.53.

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.