Keel Point LLC Buys 4,899 Shares of S&P Global Inc. $SPGI

Keel Point LLC grew its stake in shares of S&P Global Inc. (NYSE:SPGIFree Report) by 274.9% during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 6,681 shares of the business services provider’s stock after purchasing an additional 4,899 shares during the quarter. Keel Point LLC’s holdings in S&P Global were worth $2,842,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. YANKCOM Partnership grew its stake in shares of S&P Global by 7.9% in the fourth quarter. YANKCOM Partnership now owns 259 shares of the business services provider’s stock valued at $135,000 after buying an additional 19 shares in the last quarter. Elwood & Goetz Wealth Advisory Group LLC increased its holdings in S&P Global by 3.3% during the fourth quarter. Elwood & Goetz Wealth Advisory Group LLC now owns 632 shares of the business services provider’s stock worth $330,000 after buying an additional 20 shares during the last quarter. Steigerwald Gordon & Koch Inc. raised its position in S&P Global by 15.6% during the fourth quarter. Steigerwald Gordon & Koch Inc. now owns 148 shares of the business services provider’s stock worth $77,000 after acquiring an additional 20 shares in the last quarter. BSW Wealth Partners raised its position in S&P Global by 1.2% during the fourth quarter. BSW Wealth Partners now owns 1,930 shares of the business services provider’s stock worth $1,009,000 after acquiring an additional 22 shares in the last quarter. Finally, Webster Bank N. A. lifted its stake in S&P Global by 7.7% in the fourth quarter. Webster Bank N. A. now owns 308 shares of the business services provider’s stock valued at $161,000 after acquiring an additional 22 shares during the last quarter. Institutional investors own 87.17% of the company’s stock.

S&P Global Stock Performance

SPGI opened at $412.24 on Friday. The company has a debt-to-equity ratio of 0.40, a current ratio of 0.95 and a quick ratio of 0.68. The business has a fifty day simple moving average of $423.91 and a 200 day simple moving average of $438.02. S&P Global Inc. has a 1 year low of $381.61 and a 1 year high of $579.05. The company has a market capitalization of $121.53 billion, a PE ratio of 25.17, a price-to-earnings-growth ratio of 2.19 and a beta of 1.08.

S&P Global (NYSE:SPGIGet Free Report) last posted its quarterly earnings data on Tuesday, July 28th. The business services provider reported $4.83 earnings per share for the quarter, topping the consensus estimate of $4.81 by $0.02. S&P Global had a return on equity of 17.74% and a net margin of 31.37%.The firm had revenue of $4.15 billion for the quarter, compared to analysts’ expectations of $4.09 billion. During the same quarter last year, the business earned $4.43 EPS. The company’s quarterly revenue was up 10.4% compared to the same quarter last year. S&P Global has set its FY 2026 guidance at 17.500-17.750 EPS. Research analysts expect that S&P Global Inc. will post 17.74 EPS for the current year.

S&P Global Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 10th. Investors of record on Wednesday, August 26th will be given a dividend of $0.97 per share. This represents a $3.88 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date of this dividend is Wednesday, August 26th. S&P Global’s dividend payout ratio (DPR) is currently 23.69%.

Analyst Ratings Changes

A number of brokerages have recently issued reports on SPGI. Citigroup upped their target price on shares of S&P Global from $454.00 to $500.00 and gave the company a “buy” rating in a report on Wednesday. Royal Bank Of Canada reduced their price target on S&P Global from $560.00 to $510.00 and set an “outperform” rating for the company in a report on Tuesday, July 7th. Robert W. Baird lowered their price target on S&P Global from $521.00 to $513.00 and set an “outperform” rating on the stock in a research report on Wednesday. Wells Fargo & Company dropped their price objective on S&P Global from $530.00 to $525.00 and set an “overweight” rating on the stock in a research note on Monday, April 13th. Finally, Mizuho raised their price objective on S&P Global from $551.00 to $554.00 and gave the company an “outperform” rating in a research report on Tuesday, May 5th. Eighteen research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, S&P Global currently has a consensus rating of “Moderate Buy” and a consensus target price of $523.59.

Read Our Latest Stock Report on S&P Global

Key Headlines Impacting S&P Global

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S&P Global Profile

(Free Report)

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.

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Institutional Ownership by Quarter for S&P Global (NYSE:SPGI)

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