Klein Pavlis & Peasley Financial Inc. Makes New Investment in S&P Global Inc. $SPGI

Klein Pavlis & Peasley Financial Inc. bought a new position in S&P Global Inc. (NYSE:SPGI) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor bought 2,102 shares of the business services provider’s stock, valued at approximately $1,098,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. J.Safra Asset Management Corp purchased a new stake in S&P Global in the third quarter worth $29,000. Howard Hughes Medical Institute purchased a new position in S&P Global during the second quarter valued at $36,000. First Pacific Financial lifted its position in S&P Global by 51.0% during the third quarter. First Pacific Financial now owns 74 shares of the business services provider’s stock valued at $36,000 after buying an additional 25 shares during the period. Palisade Asset Management LLC bought a new stake in shares of S&P Global during the 3rd quarter valued at $36,000. Finally, Ameriflex Group Inc. boosted its holdings in shares of S&P Global by 171.4% during the 3rd quarter. Ameriflex Group Inc. now owns 76 shares of the business services provider’s stock valued at $37,000 after buying an additional 48 shares in the last quarter. Hedge funds and other institutional investors own 87.17% of the company’s stock.

S&P Global Stock Down 1.4%

Shares of S&P Global stock opened at $406.49 on Friday. S&P Global Inc. has a twelve month low of $381.61 and a twelve month high of $579.05. The company has a quick ratio of 0.82, a current ratio of 0.82 and a debt-to-equity ratio of 0.40. The company’s 50 day moving average is $450.02 and its 200 day moving average is $485.01. The company has a market cap of $121.46 billion, a price-to-earnings ratio of 27.75, a price-to-earnings-growth ratio of 1.80 and a beta of 1.23.

S&P Global (NYSE:SPGI) last posted its earnings results on Tuesday, February 10th. The business services provider reported $4.30 EPS for the quarter, missing analysts’ consensus estimates of $4.32 by ($0.02). The company had revenue of $3.92 billion during the quarter, compared to the consensus estimate 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 for the quarter was up 9.0% on a year-over-year basis. During the same period last year, the firm posted $3.77 EPS. S&P Global has set its FY 2026 guidance at 19.400-19.650 EPS. Research analysts anticipate that S&P Global Inc. will post 17.11 EPS for the current year.

S&P Global Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, March 11th. Investors of record on Wednesday, February 25th were issued a $0.97 dividend. The ex-dividend date of this dividend was Wednesday, February 25th. This is an increase from S&P Global’s previous quarterly dividend of $0.96. This represents a $3.88 annualized dividend and a dividend yield of 1.0%. S&P Global’s dividend payout ratio is presently 26.48%.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on SPGI. The Goldman Sachs Group set a $498.00 price target on shares of S&P Global in a research note on Wednesday, February 11th. Wells Fargo & Company dropped their price objective on shares of S&P Global from $675.00 to $530.00 and set an “overweight” rating on the stock in a research note on Wednesday, February 11th. Barclays restated an “overweight” rating and issued a $565.00 price objective on shares of S&P Global in a report on Monday, February 23rd. Morgan Stanley raised their target price on shares of S&P Global from $620.00 to $627.00 and gave the company an “overweight” rating in a research note on Tuesday, January 13th. Finally, BMO Capital Markets lifted their target price on shares of S&P Global from $482.00 to $495.00 and gave the company an “outperform” rating in a report on Tuesday, March 17th. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Buy” and an average target price of $563.53.

About S&P Global

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.