Jackson Hill Advisors LLC Has $20.36 Million Stock Position in S&P Global Inc. $SPGI

Jackson Hill Advisors LLC lifted its stake in S&P Global Inc. (NYSE:SPGI) by 7.5% during the second quarter, HoldingsChannel reports. The firm owned 50,000 shares of the business services provider’s stock after purchasing an additional 3,500 shares during the period. S&P Global accounts for about 10.3% of Jackson Hill Advisors LLC’s holdings, making the stock its 2nd largest position. Jackson Hill Advisors LLC’s holdings in S&P Global were worth $20,363,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently added to or reduced their stakes in the stock. Joseph Group Capital Management purchased a new position in shares of S&P Global during the fourth quarter worth approximately $29,000. North Star Investment Management Corp. grew its stake in S&P Global by 134.6% in the fourth quarter. North Star Investment Management Corp. now owns 61 shares of the business services provider’s stock worth $32,000 after purchasing an additional 35 shares in the last quarter. Palisade Asset Management LLC purchased a new position in S&P Global during the 3rd quarter worth $36,000. Palladiem LLC purchased a new position in S&P Global during the 4th quarter worth $36,000. Finally, Swiss RE Ltd. bought a new stake in S&P Global during the 4th quarter valued at $39,000. Hedge funds and other institutional investors own 87.17% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on the company. Zacks Research downgraded S&P Global from a “hold” rating to a “strong sell” rating in a research report on Monday, July 20th. Daiwa Securities Group cut their target price on shares of S&P Global from $490.00 to $485.00 and set an “outperform” rating on the stock in a research report on Wednesday, May 20th. Robert W. Baird lowered their price target on shares of S&P Global from $521.00 to $513.00 and set an “outperform” rating for the company in a research report on Wednesday, July 29th. Royal Bank Of Canada cut their price objective on shares of S&P Global from $560.00 to $510.00 and set an “outperform” rating on the stock in a report on Tuesday, July 7th. Finally, Citigroup upped their target price on S&P Global from $454.00 to $500.00 and gave the stock a “buy” rating in a report on Wednesday, July 29th. Eighteen investment analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $523.59.

S&P Global Price Performance

Shares of NYSE SPGI opened at $418.15 on Friday. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.95 and a current ratio of 0.95. The company has a market cap of $123.27 billion, a PE ratio of 25.53, a P/E/G ratio of 1.88 and a beta of 1.07. The business has a 50-day simple moving average of $422.53 and a two-hundred day simple moving average of $429.14. S&P Global Inc. has a fifty-two week low of $381.61 and a fifty-two week high of $565.28.

S&P Global (NYSE:SPGI) last posted its quarterly earnings data on Tuesday, July 28th. The business services provider reported $4.83 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.81 by $0.02. The firm had revenue of $4.15 billion for the quarter, compared to the consensus estimate of $4.09 billion. S&P Global had a net margin of 31.37% and a return on equity of 17.74%. The company’s revenue for the quarter was up 10.4% compared to the same quarter last year. During the same quarter in the prior year, the company posted $4.43 earnings per share. S&P Global has set its FY 2026 guidance at 17.500-17.750 EPS. As a group, equities analysts expect that S&P Global Inc. will post 17.75 EPS for the current fiscal year.

S&P Global Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 10th. Stockholders of record on Wednesday, August 26th will be paid a dividend of $0.97 per share. This represents a $3.88 annualized dividend and a dividend yield of 0.9%. The ex-dividend date is Wednesday, August 26th. S&P Global’s payout ratio is presently 23.69%.

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.