Dynamic Advisor Solutions LLC Has $6.57 Million Holdings in S&P Global Inc. $SPGI

Dynamic Advisor Solutions LLC increased its stake in S&P Global Inc. (NYSE:SPGI) by 6.3% in the second quarter, Holdings Channel.com reports. The firm owned 12,456 shares of the business services provider’s stock after purchasing an additional 733 shares during the quarter. Dynamic Advisor Solutions LLC’s holdings in S&P Global were worth $6,568,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. GAMMA Investing LLC boosted its stake in S&P Global by 20.2% in the 1st quarter. GAMMA Investing LLC now owns 4,210 shares of the business services provider’s stock worth $2,139,000 after purchasing an additional 708 shares during the period. E Fund Management Co. Ltd. lifted its position in S&P Global by 59.7% during the 1st quarter. E Fund Management Co. Ltd. now owns 2,909 shares of the business services provider’s stock worth $1,478,000 after buying an additional 1,088 shares in the last quarter. United Services Automobile Association bought a new stake in S&P Global during the 1st quarter worth about $3,692,000. Wealth Enhancement Advisory Services LLC lifted its position in S&P Global by 1.4% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 86,794 shares of the business services provider’s stock worth $44,102,000 after buying an additional 1,166 shares in the last quarter. Finally, Linden Thomas Advisory Services LLC lifted its position in S&P Global by 5.2% during the 1st quarter. Linden Thomas Advisory Services LLC now owns 10,850 shares of the business services provider’s stock worth $5,513,000 after buying an additional 536 shares in the last quarter. 87.17% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

SPGI has been the topic of several analyst reports. Morgan Stanley boosted their price target on shares of S&P Global from $595.00 to $615.00 and gave the stock an “overweight” rating in a research report on Friday, August 1st. BMO Capital Markets boosted their price target on shares of S&P Global from $604.00 to $621.00 and gave the stock an “outperform” rating in a research report on Friday, August 1st. Oppenheimer boosted their price target on shares of S&P Global from $567.00 to $592.00 and gave the stock an “outperform” rating in a research report on Wednesday, July 2nd. UBS Group upped their target price on shares of S&P Global from $575.00 to $620.00 and gave the company a “buy” rating in a report on Tuesday, July 8th. Finally, Wells Fargo & Company upped their target price on shares of S&P Global from $632.00 to $660.00 and gave the company an “overweight” rating in a report on Friday, August 1st. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, S&P Global presently has a consensus rating of “Buy” and an average target price of $614.38.

S&P Global Stock Down 0.5%

Shares of SPGI stock opened at $541.00 on Wednesday. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.98 and a current ratio of 0.98. The firm’s 50-day moving average is $543.48 and its 200-day moving average is $515.27. The stock has a market cap of $165.17 billion, a price-to-earnings ratio of 41.62, a PEG ratio of 2.91 and a beta of 1.20. S&P Global Inc. has a 52-week low of $427.14 and a 52-week high of $579.05.

S&P Global (NYSE:SPGI) last released its quarterly earnings results on Thursday, July 31st. The business services provider reported $4.43 earnings per share for the quarter, beating the consensus estimate of $4.18 by $0.25. The firm had revenue of $3.76 billion for the quarter, compared to analysts’ expectations of $3.65 billion. S&P Global had a net margin of 27.30% and a return on equity of 15.11%. The business’s revenue was up 5.8% on a year-over-year basis. During the same period in the prior year, the firm earned $4.04 EPS. S&P Global has set its FY 2025 guidance at 17.000-17.250 EPS. Sell-side analysts predict that S&P Global Inc. will post 17.11 EPS for the current year.

S&P Global Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, December 10th. Shareholders of record on Tuesday, November 25th will be issued a $0.96 dividend. This represents a $3.84 annualized dividend and a yield of 0.7%. The ex-dividend date of this dividend is Tuesday, November 25th. S&P Global’s dividend payout ratio is currently 29.54%.

S&P Global 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.