Diversify Advisory Services LLC Buys Shares of 2,364 S&P Global Inc. $SPGI

Diversify Advisory Services LLC purchased a new stake in S&P Global Inc. (NYSE:SPGI) in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor purchased 2,364 shares of the business services provider’s stock, valued at approximately $1,040,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Joseph Group Capital Management acquired a new position in S&P Global in the fourth quarter valued at approximately $29,000. North Star Investment Management Corp. increased its stake in S&P Global by 134.6% during the fourth quarter. North Star Investment Management Corp. now owns 61 shares of the business services provider’s stock worth $32,000 after acquiring an additional 35 shares during the last quarter. Palladiem LLC acquired a new stake in S&P Global during the fourth quarter worth $36,000. Palisade Asset Management LLC purchased a new stake in S&P Global in the third quarter valued at $36,000. Finally, Swiss RE Ltd. purchased a new stake in S&P Global in the fourth quarter valued at $39,000. Institutional investors and hedge funds own 87.17% of the company’s stock.

S&P Global Trading Up 2.1%

Shares of SPGI stock opened at $427.02 on Thursday. S&P Global Inc. has a fifty-two week low of $381.61 and a fifty-two week high of $559.60. The company has a 50 day moving average price of $422.28 and a 200 day moving average price of $426.09. The stock has a market capitalization of $125.89 billion, a P/E ratio of 26.07, a price-to-earnings-growth ratio of 1.88 and a beta of 1.07. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.95 and a current ratio of 0.95.

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

S&P Global Dividend Announcement

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

Analyst Ratings Changes

A number of research firms have recently weighed in on SPGI. Citigroup increased their price target on S&P Global from $454.00 to $500.00 and gave the stock a “buy” rating in a report on Wednesday, July 29th. Robert W. Baird reduced their price objective on shares of S&P Global from $521.00 to $513.00 and set an “outperform” rating on the stock in a report on Wednesday, July 29th. Morgan Stanley decreased their target price on shares of S&P Global from $557.00 to $525.00 and set an “overweight” rating on the stock in a research report on Tuesday, July 7th. Zacks Research cut shares of S&P Global from a “hold” rating to a “strong sell” rating in a research report on Monday, July 20th. Finally, Mizuho upped their price objective on shares of S&P Global from $551.00 to $554.00 and gave the stock an “outperform” rating in a report on Tuesday, May 5th. Eighteen analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $523.59.

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.