Capital Advisors Inc. OK Buys Shares of 1,316 S&P Global Inc. $SPGI

Capital Advisors Inc. OK purchased a new position in shares of S&P Global Inc. (NYSE:SPGI) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 1,316 shares of the business services provider’s stock, valued at approximately $688,000.

Several other hedge funds also recently made changes to their positions in the business. J.Safra Asset Management Corp bought a new stake in shares of S&P Global in the third quarter worth $29,000. Howard Hughes Medical Institute acquired a new position in S&P Global during the second quarter worth $36,000. First Pacific Financial grew its position in S&P Global by 51.0% in the third quarter. First Pacific Financial now owns 74 shares of the business services provider’s stock valued at $36,000 after purchasing an additional 25 shares in the last quarter. Palisade Asset Management LLC acquired a new stake in S&P Global in the 3rd quarter valued at $36,000. Finally, Ameriflex Group Inc. increased its stake in S&P Global by 171.4% in the 3rd quarter. Ameriflex Group Inc. now owns 76 shares of the business services provider’s stock valued at $37,000 after buying an additional 48 shares during the last quarter. 87.17% of the stock is owned by institutional investors.

S&P Global Stock Performance

Shares of SPGI stock opened at $426.34 on Thursday. The company has a fifty day moving average price of $443.48 and a two-hundred day moving average price of $482.44. S&P Global Inc. has a one year low of $381.61 and a one year high of $579.05. The stock has a market cap of $127.39 billion, a P/E ratio of 29.10, a P/E/G ratio of 1.88 and a beta of 1.20. The company has a debt-to-equity ratio of 0.40, a current ratio of 0.82 and a quick ratio of 0.82.

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

S&P Global Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, March 11th. Shareholders of record on Wednesday, February 25th were paid a $0.97 dividend. This is a positive change from S&P Global’s previous quarterly dividend of $0.96. This represents a $3.88 annualized dividend and a yield of 0.9%. The ex-dividend date was Wednesday, February 25th. S&P Global’s dividend payout ratio is currently 26.48%.

Analysts Set New Price Targets

A number of equities analysts have recently commented on SPGI shares. The Goldman Sachs Group set a $498.00 price objective on shares of S&P Global in a research note on Wednesday, February 11th. Robert W. Baird set a $546.00 target price on S&P Global in a research report on Wednesday, February 11th. Evercore set a $625.00 target price on S&P Global and gave the stock an “outperform” rating in a report on Wednesday, February 11th. Mizuho reduced their price target on S&P Global from $657.00 to $551.00 and set an “outperform” rating for the company in a research report on Thursday, February 12th. Finally, Royal Bank Of Canada lowered their price target on S&P Global from $620.00 to $560.00 and set an “outperform” rating on the stock in a research report on Wednesday, February 11th. One analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat, S&P Global presently has an average rating of “Buy” and an average target price of $563.53.

About S&P Global

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.