Advisory Solutions Group LLC Takes $951,000 Position in S&P Global Inc. $SPGI

Advisory Solutions Group LLC acquired a new position in S&P Global Inc. (NYSE:SPGI - Free Report) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 2,334 shares of the business services provider's stock, valued at approximately $951,000.

A number of other institutional investors also recently bought and sold shares of SPGI. Brighton Jones LLC lifted its stake in shares of S&P Global by 4.7% during the 4th quarter. Brighton Jones LLC now owns 3,176 shares of the business services provider's stock valued at $1,582,000 after buying an additional 143 shares in the last quarter. Sivia Capital Partners LLC lifted its position in shares of S&P Global by 7.8% in the second quarter. Sivia Capital Partners LLC now owns 1,038 shares of the business services provider's stock valued at $547,000 after acquiring an additional 75 shares in the last quarter. Neuberger Berman Group LLC lifted its position in shares of S&P Global by 5.5% in the second quarter. Neuberger Berman Group LLC now owns 1,694,790 shares of the business services provider's stock valued at $893,511,000 after acquiring an additional 88,526 shares in the last quarter. Jump Financial LLC bought a new position in shares of S&P Global in the second quarter worth about $552,000. Finally, Main Street Financial Solutions LLC boosted its stake in shares of S&P Global by 17.2% in the second quarter. Main Street Financial Solutions LLC now owns 3,212 shares of the business services provider's stock worth $1,694,000 after acquiring an additional 472 shares during the period. 87.17% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several analysts recently issued reports on SPGI shares. Stifel Nicolaus lifted their target price on S&P Global from $489.00 to $521.00 and gave the company a "buy" rating in a research note on Friday, July 17th. Zacks Research downgraded S&P Global from a "hold" rating to a "strong sell" rating in a research note on Monday, July 20th. Weiss Ratings reaffirmed a "hold (c)" rating on shares of S&P Global in a report on Monday, July 6th. Robert W. Baird set a $513.00 price objective on shares of S&P Global in a research report on Wednesday. Finally, UBS Group lowered their target price on shares of S&P Global from $550.00 to $525.00 and set a "buy" rating on the stock in a report on Tuesday, July 7th. Eighteen analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, S&P Global has an average rating of "Moderate Buy" and a consensus target price of $523.59.

S&P Global Stock Down 1.6%

NYSE SPGI opened at $443.30 on Friday. The stock has a 50 day moving average price of $428.30 and a 200-day moving average price of $425.39. S&P Global Inc. has a one year low of $381.61 and a one year high of $552.25. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.95 and a current ratio of 0.95. The company has a market capitalization of $130.68 billion, a P/E ratio of 27.06, a P/E/G ratio of 2.14 and a beta of 1.07.

S&P Global (NYSE:SPGI - Get Free Report) last announced its quarterly earnings results on Tuesday, July 28th. The business services provider reported $4.83 earnings per share for the quarter, topping the consensus estimate of $4.81 by $0.02. S&P Global had a net margin of 31.37% and a return on equity of 17.74%. The company had revenue of $4.15 billion for the quarter, compared to analysts' expectations of $4.09 billion. During the same quarter in the previous year, the business posted $4.43 earnings per share. S&P Global's quarterly revenue was up 10.4% on a year-over-year basis. S&P Global has set its FY 2026 guidance at 17.500-17.750 EPS. As a group, equities analysts predict that S&P Global Inc. will post 17.75 EPS for the current fiscal year.

S&P Global Announces Dividend

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

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