Guided Capital Wealth Management LLC Purchases Shares of 5,322 S&P Global Inc. $SPGI

Guided Capital Wealth Management LLC acquired a new position in shares of S&P Global Inc. (NYSE:SPGI) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 5,322 shares of the business services provider’s stock, valued at approximately $2,781,000. S&P Global comprises approximately 1.9% of Guided Capital Wealth Management LLC’s portfolio, making the stock its 17th biggest holding.

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

S&P Global Price Performance

Shares of NYSE SPGI opened at $425.39 on Wednesday. The firm has a market capitalization of $127.11 billion, a P/E ratio of 29.04, a P/E/G ratio of 1.85 and a beta of 1.23. The firm’s 50-day moving average price is $445.57 and its 200-day moving average price is $482.83. The company has a current ratio of 0.82, a quick ratio of 0.82 and a debt-to-equity ratio of 0.40. S&P Global Inc. has a 1-year low of $381.61 and a 1-year high of $579.05.

S&P Global (NYSE:SPGI) last issued its earnings results on Tuesday, February 10th. The business services provider reported $4.30 EPS for the quarter, missing the consensus estimate of $4.32 by ($0.02). S&P Global had a net margin of 29.16% and a return on equity of 16.56%. The firm had revenue of $3.92 billion during the quarter, compared to analyst estimates of $3.89 billion. During the same quarter in the prior year, the business earned $3.77 earnings per share. The business’s quarterly revenue was up 9.0% on a year-over-year basis. S&P Global has set its FY 2026 guidance at 19.400-19.650 EPS. Equities research analysts anticipate that S&P Global Inc. will post 17.11 earnings per share for the current fiscal year.

S&P Global Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, March 11th. Shareholders of record on Wednesday, February 25th were paid a $0.97 dividend. This represents a $3.88 dividend on an annualized basis and a yield of 0.9%. This is a boost from S&P Global’s previous quarterly dividend of $0.96. The ex-dividend date of this dividend was Wednesday, February 25th. S&P Global’s payout ratio is 26.48%.

Analyst Upgrades and Downgrades

SPGI has been the topic of a number of recent analyst reports. BMO Capital Markets boosted their price objective on S&P Global from $482.00 to $495.00 and gave the company an “outperform” rating in a research note on Tuesday, March 17th. Robert W. Baird set a $546.00 target price on S&P Global in a research note on Wednesday, February 11th. Evercore set a $625.00 target price on S&P Global and gave the stock an “outperform” rating in a report on Wednesday, February 11th. UBS Group dropped their price target on S&P Global from $620.00 to $550.00 and set a “buy” rating on the stock in a research note on Tuesday, February 17th. Finally, Mizuho reduced their price objective on shares of S&P Global from $657.00 to $551.00 and set an “outperform” rating for the company in a research report on Thursday, February 12th. One analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and one has given a Hold rating to the company. According to MarketBeat, S&P Global has a consensus 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.