Compass Wealth Management LLC Purchases 4,115 Shares of S&P Global Inc. $SPGI

Compass Wealth Management LLC boosted its position in S&P Global Inc. (NYSE:SPGI) by 748.2% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 4,665 shares of the business services provider’s stock after purchasing an additional 4,115 shares during the period. Compass Wealth Management LLC’s holdings in S&P Global were worth $2,271,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Norges Bank bought a new stake in S&P Global during the second quarter valued at approximately $2,188,945,000. Valeo Financial Advisors LLC boosted its stake in shares of S&P Global by 70,734.1% during the 2nd quarter. Valeo Financial Advisors LLC now owns 3,168,411 shares of the business services provider’s stock worth $1,670,671,000 after acquiring an additional 3,163,938 shares during the last quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main grew its position in shares of S&P Global by 3,430.6% during the 2nd quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 1,554,571 shares of the business services provider’s stock valued at $819,699,000 after acquiring an additional 1,510,540 shares during the period. TCI Fund Management Ltd. increased its stake in shares of S&P Global by 7.0% in the 2nd quarter. TCI Fund Management Ltd. now owns 11,091,623 shares of the business services provider’s stock worth $5,848,502,000 after purchasing an additional 730,354 shares in the last quarter. Finally, Mizuho Markets Americas LLC increased its stake in shares of S&P Global by 104,031.3% in the 3rd quarter. Mizuho Markets Americas LLC now owns 595,631 shares of the business services provider’s stock worth $289,900,000 after purchasing an additional 595,059 shares in the last quarter. Institutional investors own 87.17% of the company’s stock.

S&P Global Stock Up 0.3%

NYSE SPGI opened at $535.01 on Tuesday. S&P Global Inc. has a 12 month low of $427.14 and a 12 month high of $579.05. The company has a current ratio of 0.97, a quick ratio of 0.97 and a debt-to-equity ratio of 0.34. The stock has a market cap of $162.00 billion, a PE ratio of 38.91, a P/E/G ratio of 2.27 and a beta of 1.21. The stock’s 50 day moving average is $515.69 and its 200 day moving average is $517.28.

S&P Global (NYSE:SPGI) last released its quarterly earnings data on Thursday, October 30th. The business services provider reported $4.73 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.26 by $0.47. S&P Global had a net margin of 28.10% and a return on equity of 15.90%. The firm had revenue of $3.89 billion for the quarter, compared to analysts’ expectations of $3.77 billion. During the same quarter last year, the business posted $3.89 earnings per share. The company’s revenue for the quarter was up 8.8% compared to the same quarter last year. S&P Global has set its FY 2025 guidance at 14.800-15.050 EPS. Research analysts predict that S&P Global Inc. will post 17.11 EPS for the current fiscal year.

S&P Global Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 11th. Shareholders of record on Wednesday, February 25th will be issued a dividend of $0.97 per share. This is a boost from S&P Global’s previous quarterly dividend of $0.96. The ex-dividend date of this dividend is Wednesday, February 25th. This represents a $3.88 annualized dividend and a dividend yield of 0.7%. S&P Global’s payout ratio is currently 27.93%.

Analyst Ratings Changes

Several analysts have issued reports on SPGI shares. Seaport Research Partners raised S&P Global to a “strong-buy” rating in a report on Wednesday, October 1st. Evercore ISI lifted their price objective on S&P Global from $629.00 to $632.00 and gave the company an “outperform” rating in a research report on Thursday, January 8th. Weiss Ratings reissued a “buy (b-)” rating on shares of S&P Global in a report on Monday, December 29th. Mizuho lifted their price target on shares of S&P Global from $637.00 to $643.00 and gave the company an “outperform” rating in a report on Thursday, October 16th. Finally, Morgan Stanley increased their price objective on shares of S&P Global from $620.00 to $627.00 and gave the stock an “overweight” rating in a research note on Tuesday, January 13th. One research analyst has rated the stock with a Strong Buy rating and sixteen have given a Buy rating to the company’s stock. According to data from MarketBeat.com, S&P Global has a consensus rating of “Buy” and a consensus price target of $615.64.

S&P Global 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.