S&P Global Inc. $SPGI Shares Sold by Universal Beteiligungs und Servicegesellschaft mbH

Universal Beteiligungs und Servicegesellschaft mbH cut its stake in S&P Global Inc. (NYSE:SPGI) by 6.0% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 469,749 shares of the business services provider’s stock after selling 29,895 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH owned approximately 0.15% of S&P Global worth $228,632,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the stock. Vanguard Group Inc. boosted its holdings in shares of S&P Global by 1.1% in the 2nd quarter. Vanguard Group Inc. now owns 30,094,919 shares of the business services provider’s stock valued at $15,868,750,000 after purchasing an additional 315,916 shares during the last quarter. TCI Fund Management Ltd. boosted its holdings in S&P Global by 7.0% in the second quarter. TCI Fund Management Ltd. now owns 11,091,623 shares of the business services provider’s stock valued at $5,848,502,000 after acquiring an additional 730,354 shares during the last quarter. Geode Capital Management LLC grew its position in S&P Global by 0.6% during the second quarter. Geode Capital Management LLC now owns 6,793,282 shares of the business services provider’s stock valued at $3,565,889,000 after acquiring an additional 42,724 shares during the period. Norges Bank purchased a new stake in S&P Global during the second quarter valued at about $2,188,945,000. Finally, Valeo Financial Advisors LLC increased its stake in S&P Global by 70,734.1% during the second quarter. Valeo Financial Advisors LLC now owns 3,168,411 shares of the business services provider’s stock worth $1,670,671,000 after acquiring an additional 3,163,938 shares during the last quarter. 87.17% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

SPGI has been the topic of a number of recent research reports. BMO Capital Markets set a $546.00 price target on shares of S&P Global in a research report on Friday, November 14th. 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. Stifel Nicolaus reduced their target price on shares of S&P Global from $625.00 to $599.00 and set a “buy” rating on the stock in a report on Friday, October 31st. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of S&P Global in a research report on Monday, December 29th. Finally, The Goldman Sachs Group reissued a “buy” rating and issued a $640.00 price objective on shares of S&P Global in a research report on Tuesday, December 16th. Two equities research analysts have rated the stock with a Strong Buy rating and sixteen have issued a Buy rating to the company. According to data from MarketBeat, the company has a consensus rating of “Buy” and an average target price of $615.64.

S&P Global Price Performance

SPGI opened at $519.36 on Wednesday. S&P Global Inc. has a twelve month low of $427.14 and a twelve month high of $579.05. The firm has a market cap of $157.26 billion, a price-to-earnings ratio of 37.77, a PEG ratio of 2.33 and a beta of 1.21. The company has a current ratio of 0.97, a quick ratio of 0.97 and a debt-to-equity ratio of 0.34. The company has a fifty day simple moving average of $512.53 and a 200 day simple moving average of $517.11.

S&P Global (NYSE:SPGI) last issued its quarterly earnings data on Thursday, October 30th. The business services provider reported $4.73 EPS for the quarter, topping analysts’ consensus estimates of $4.26 by $0.47. The firm had revenue of $3.89 billion for the quarter, compared to analyst estimates of $3.77 billion. S&P Global had a net margin of 28.10% and a return on equity of 15.90%. The firm’s revenue was up 8.8% compared to the same quarter last year. During the same quarter in the previous year, the business posted $3.89 EPS. S&P Global has set its FY 2025 guidance at 14.800-15.050 EPS. Equities research analysts expect that S&P Global Inc. will post 17.11 EPS for the current fiscal year.

S&P Global Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 11th. Shareholders of record on Wednesday, February 25th will be paid a dividend of $0.97 per share. This is a boost from S&P Global’s previous quarterly dividend of $0.96. The ex-dividend date is Wednesday, February 25th. This represents a $3.88 dividend on an annualized basis and a yield of 0.7%. S&P Global’s payout ratio is 28.22%.

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.