Jackson Hill Advisors LLC Grows Position in S&P Global Inc. $SPGI

Jackson Hill Advisors LLC grew its position in S&P Global Inc. (NYSE:SPGI) by 19.1% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 39,000 shares of the business services provider’s stock after purchasing an additional 6,250 shares during the quarter. S&P Global makes up approximately 9.5% of Jackson Hill Advisors LLC’s portfolio, making the stock its 4th largest holding. Jackson Hill Advisors LLC’s holdings in S&P Global were worth $20,381,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently modified their holdings of the company. Phillips Wealth Planners LLC grew its stake in shares of S&P Global by 4.0% in the fourth quarter. Phillips Wealth Planners LLC now owns 735 shares of the business services provider’s stock worth $390,000 after acquiring an additional 28 shares during the last quarter. CIBC Asset Management Inc grew its stake in shares of S&P Global by 48.1% in the fourth quarter. CIBC Asset Management Inc now owns 90,915 shares of the business services provider’s stock worth $47,511,000 after acquiring an additional 29,519 shares during the last quarter. Marble Wealth LLC acquired a new stake in shares of S&P Global in the fourth quarter worth $386,000. Harfst & Associates Inc. grew its stake in shares of S&P Global by 1.1% in the fourth quarter. Harfst & Associates Inc. now owns 3,030 shares of the business services provider’s stock worth $1,584,000 after acquiring an additional 34 shares during the last quarter. Finally, Bridges Investment Management Inc. grew its stake in shares of S&P Global by 10.5% in the fourth quarter. Bridges Investment Management Inc. now owns 219,986 shares of the business services provider’s stock worth $114,962,000 after acquiring an additional 20,902 shares during the last quarter. Institutional investors own 87.17% of the company’s stock.

Wall Street Analysts Forecast Growth

SPGI has been the topic of several research analyst reports. Robert W. Baird set a $546.00 price objective on shares of S&P Global in a research note on Wednesday, February 11th. UBS Group restated a “buy” rating on shares of S&P Global in a research note on Wednesday, May 27th. Weiss Ratings downgraded shares of S&P Global from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Wednesday, March 11th. Morgan Stanley raised their price objective on shares of S&P Global from $556.00 to $557.00 and gave the stock an “overweight” rating in a research note on Wednesday, April 29th. Finally, Stifel Nicolaus decreased their price target on shares of S&P Global from $599.00 to $489.00 and set a “buy” rating on the stock in a research note on Wednesday, February 11th. Seventeen investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $546.39.

Insiders Place Their Bets

In related news, Director Robert Edward Jr. Moritz acquired 1,152 shares of the business’s stock in a transaction on Thursday, April 30th. The stock was bought at an average cost of $434.03 per share, with a total value of $500,002.56. Following the completion of the acquisition, the director owned 1,152 shares in the company, valued at $500,002.56. The trade was a ? increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Catherine R. Clay acquired 2,500 shares of the business’s stock in a transaction on Friday, May 1st. The shares were bought at an average cost of $431.39 per share, with a total value of $1,078,475.00. Following the completion of the acquisition, the chief executive officer owned 2,500 shares of the company’s stock, valued at approximately $1,078,475. This trade represents a ? increase in their position. The SEC filing for this purchase provides additional information. Insiders have acquired 5,974 shares of company stock worth $2,576,775 over the last 90 days. Corporate insiders own 0.03% of the company’s stock.

S&P Global Stock Down 1.1%

SPGI opened at $412.69 on Thursday. S&P Global Inc. has a fifty-two week low of $381.61 and a fifty-two week high of $579.05. The company has a debt-to-equity ratio of 0.34, a current ratio of 0.68 and a quick ratio of 0.68. The firm’s fifty day moving average price is $424.01 and its two-hundred day moving average price is $462.16. The company has a market capitalization of $122.16 billion, a P/E ratio of 26.12, a P/E/G ratio of 1.78 and a beta of 1.08.

S&P Global (NYSE:SPGI) last posted its quarterly earnings results on Tuesday, April 28th. The business services provider reported $4.97 earnings per share for the quarter, topping analysts’ consensus estimates of $4.82 by $0.15. S&P Global had a net margin of 30.37% and a return on equity of 17.26%. The firm had revenue of $4.17 billion for the quarter, compared to the consensus estimate of $4.08 billion. During the same quarter in the previous year, the company earned $4.37 earnings per share. The business’s revenue was up 10.4% compared to the same quarter last year. S&P Global has set its FY 2026 guidance at 19.400-19.650 EPS. On average, analysts anticipate that S&P Global Inc. will post 19.61 EPS for the current year.

S&P Global Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, June 10th. Shareholders of record on Friday, May 29th will be paid a dividend of $0.97 per share. The ex-dividend date is Friday, May 29th. This represents a $3.88 dividend on an annualized basis and a yield of 0.9%. S&P Global’s payout ratio is currently 24.56%.

S&P Global Company 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.