Aptus Capital Advisors LLC Acquires 1,194 Shares of S&P Global Inc. $SPGI

Aptus Capital Advisors LLC lifted its holdings in shares of S&P Global Inc. (NYSE:SPGI) by 13.7% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 9,894 shares of the business services provider’s stock after purchasing an additional 1,194 shares during the quarter. Aptus Capital Advisors LLC’s holdings in S&P Global were worth $4,816,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of SPGI. MTM Investment Management LLC acquired a new position in S&P Global during the second quarter worth $27,000. J.Safra Asset Management Corp acquired a new stake in shares of S&P Global in the third quarter worth about $29,000. Howard Hughes Medical Institute acquired a new stake in shares of S&P Global in the second quarter worth about $36,000. First Pacific Financial boosted its stake in shares of 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 in the last quarter. Finally, TruNorth Capital Management LLC boosted its stake in shares of S&P Global by 937.5% during the 3rd quarter. TruNorth Capital Management LLC now owns 83 shares of the business services provider’s stock worth $40,000 after acquiring an additional 75 shares in the last quarter. Institutional investors own 87.17% of the company’s stock.

S&P Global Price Performance

Shares of NYSE:SPGI opened at $452.52 on Friday. The business has a 50 day moving average price of $483.57 and a 200 day moving average price of $498.01. S&P Global Inc. has a twelve month low of $381.61 and a twelve month high of $579.05. The company has a market cap of $135.21 billion, a price-to-earnings ratio of 30.89, a PEG ratio of 2.00 and a beta of 1.23. The company has a quick ratio of 0.82, a current ratio of 0.82 and a debt-to-equity ratio of 0.40.

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

S&P Global Increases Dividend

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

Analyst Ratings Changes

Several research firms recently weighed in on SPGI. Wells Fargo & Company reduced their target price on S&P Global from $675.00 to $530.00 and set an “overweight” rating for the company in a report on Wednesday, February 11th. Stifel Nicolaus lowered their price target on S&P Global from $599.00 to $489.00 and set a “buy” rating on the stock in a report on Wednesday, February 11th. Weiss Ratings reissued a “buy (b-)” rating on shares of S&P Global in a research report on Monday, December 29th. 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 note on Thursday, February 12th. Finally, UBS Group decreased their price objective on shares of S&P Global from $620.00 to $550.00 and set a “buy” rating for the company in a report on Tuesday, February 17th. One investment analyst has rated the stock with a Strong Buy rating and seventeen have given a Buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Buy” and a consensus target price of $562.67.

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.