EverSource Wealth Advisors LLC Raises Stock Position in S&P Global Inc. $SPGI

EverSource Wealth Advisors LLC increased its position in shares of S&P Global Inc. (NYSE:SPGI) by 86.6% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 2,877 shares of the business services provider’s stock after acquiring an additional 1,335 shares during the period. EverSource Wealth Advisors LLC’s holdings in S&P Global were worth $1,224,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also bought and sold shares of the company. YANKCOM Partnership raised its position 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 worth $135,000 after buying an additional 19 shares in the last quarter. Elwood & Goetz Wealth Advisory Group LLC grew its position 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 in the last quarter. Steigerwald Gordon & Koch Inc. grew 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 buying an additional 20 shares in the last quarter. BSW Wealth Partners increased its stake in S&P Global by 1.2% in the 4th 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 during the last quarter. Finally, Webster Bank N. A. increased its stake in S&P Global by 7.7% in the 4th quarter. Webster Bank N. A. now owns 308 shares of the business services provider’s stock worth $161,000 after acquiring an additional 22 shares during the last quarter. 87.17% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

SPGI has been the subject of a number of research analyst reports. Zacks Research downgraded S&P Global from a “hold” rating to a “strong sell” rating in a research report on Monday, July 20th. UBS Group decreased their price objective on shares of S&P Global from $550.00 to $525.00 and set a “buy” rating on the stock in a research report on Tuesday, July 7th. Robert W. Baird lowered their target price on shares of S&P Global from $521.00 to $513.00 and set an “outperform” rating on the stock in a research note on Wednesday. Daiwa Securities Group dropped their target price on shares of S&P Global from $490.00 to $485.00 and set an “outperform” rating for the company in a research report on Wednesday, May 20th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of S&P Global in a research note on Monday, July 6th. Eighteen research 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 MarketBeat, S&P Global has a consensus rating of “Moderate Buy” and a consensus target price of $523.59.

Key Stories Impacting S&P Global

Here are the key news stories impacting S&P Global this week:

• Positive Sentiment: Wells Fargo issued a Buy rating on S&P Global, adding to the bullish case for the stock. Wells Fargo Releases a Buy Rating on S&P Global
• Positive Sentiment: Citigroup said S&P Global’s stock price is expected to rise, providing a positive counterpoint to the more cautious views from other analysts. Citigroup Analyst Says S&P Global Stock Price Expected to Rise
• Positive Sentiment: S&P Global agreed to acquire a stake in African ratings firm Agusto, expanding its presence in a developing credit-markets region and potentially supporting long-term growth. S&P Global Buys Into African Ratings With Agusto Deal
• Positive Sentiment: An investment analysis described the recent selloff as a potential buying opportunity, arguing that the company’s long-term fundamentals remain attractive. S&P Global: Why This Selloff Is a Rare Buying Opportunity
• Neutral Sentiment: Analysts remain divided on S&P Global, with bullish ratings offset by concerns about valuation and earnings estimates. Analysts Conflicted on S&P Global
• Neutral Sentiment: S&P Global underperformed some industry peers in the latest trading session, indicating weaker near-term market momentum. S&P Global Stock Underperforms Competitors
• Negative Sentiment: Robert W. Baird issued a pessimistic forecast for S&P Global’s stock price, adding pressure to the shares. Robert W. Baird Issues Pessimistic Forecast
• Negative Sentiment: JPMorgan Chase also issued a cautious stock-price forecast, reinforcing concerns about limited upside. JPMorgan Issues Pessimistic Forecast
• Negative Sentiment: Erste Group Bank reduced its FY2027 earnings-per-share forecast, signaling expectations for slower future profit growth. Erste Group Bank Cuts S&P Global FY2027 EPS Forecast
• Negative Sentiment: One valuation analysis called the stock slightly overvalued even after its substantial decline, which may discourage near-term buyers. S&P Global Stock Looks Slightly Overvalued

S&P Global Stock Down 0.7%

SPGI opened at $412.24 on Friday. The business’s fifty day simple moving average is $423.91 and its 200 day simple moving average is $438.02. S&P Global Inc. has a 52 week low of $381.61 and a 52 week high of $579.05. The company has a quick ratio of 0.68, a current ratio of 0.95 and a debt-to-equity ratio of 0.40. The stock has a market cap of $121.53 billion, a PE ratio of 25.17, a P/E/G ratio of 2.21 and a beta of 1.08.

S&P Global (NYSE:SPGI) last issued its quarterly earnings results on Tuesday, July 28th. The business services provider reported $4.83 earnings per share (EPS) 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 during the quarter, compared to analyst estimates of $4.09 billion. During the same quarter in the previous year, the company posted $4.43 earnings per share. The company’s 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. As a group, research analysts expect that S&P Global Inc. will post 17.74 earnings per share for the current fiscal year.

S&P Global Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 10th. Investors of record on Wednesday, August 26th will be issued a dividend of $0.97 per share. This represents a $3.88 dividend on an annualized basis and a dividend 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%.

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.