James Hambro & Partners LLP Has $121.97 Million Stock Holdings in S&P Global Inc. $SPGI

Key Points

• James Hambro & Partners LLP increased its stake in S&P Global Inc. by 3.7% in Q2, now owning $121.97 million in shares, which constitutes 4.8% of their total holdings.
• S&P Global reported an EPS of $4.43 for the latest quarter, beating estimates and indicating a 5.8% year-over-year revenue increase.
• The firm plans to pay a quarterly dividend of $0.96 per share on December 10th, reflecting a 0.8% dividend yield.

James Hambro & Partners LLP grew its position in shares of S&P Global Inc. (NYSE:SPGI - Free Report) by 3.7% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 231,362 shares of the business services provider's stock after acquiring an additional 8,164 shares during the quarter. S&P Global comprises 4.8% of James Hambro & Partners LLP's holdings, making the stock its 10th largest holding. James Hambro & Partners LLP owned 0.08% of S&P Global worth $121,965,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Costello Asset Management INC bought a new stake in shares of S&P Global during the first quarter valued at approximately $26,000. Cheviot Value Management LLC bought a new stake in shares of S&P Global during the first quarter valued at approximately $26,000. Oliver Lagore Vanvalin Investment Group bought a new stake in shares of S&P Global during the second quarter valued at approximately $26,000. Smallwood Wealth Investment Management LLC bought a new stake in shares of S&P Global during the first quarter valued at approximately $28,000. Finally, CBIZ Investment Advisory Services LLC increased its holdings in shares of S&P Global by 103.3% during the first quarter. CBIZ Investment Advisory Services LLC now owns 61 shares of the business services provider's stock valued at $31,000 after acquiring an additional 31 shares in the last quarter. Institutional investors own 87.17% of the company's stock.

S&P Global Stock Up 0.6%

SPGI stock opened at $487.66 on Friday. The stock's fifty day simple moving average is $539.72 and its two-hundred day simple moving average is $515.24. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 0.34. S&P Global Inc. has a 1-year low of $427.14 and a 1-year high of $579.05. The stock has a market cap of $148.88 billion, a P/E ratio of 37.51, a P/E/G ratio of 2.61 and a beta of 1.20.

S&P Global (NYSE:SPGI - Get Free Report) last issued its quarterly earnings results on Thursday, July 31st. The business services provider reported $4.43 EPS for the quarter, beating analysts' consensus estimates of $4.18 by $0.25. S&P Global had a return on equity of 15.11% and a net margin of 27.30%.The firm had revenue of $3.76 billion for the quarter, compared to analysts' expectations of $3.65 billion. During the same quarter in the prior year, the firm earned $4.04 EPS. The business's revenue for the quarter was up 5.8% compared to the same quarter last year. S&P Global has set its FY 2025 guidance at 17.000-17.250 EPS. Analysts expect that S&P Global Inc. will post 17.11 EPS for the current year.

S&P Global Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 10th. Investors of record on Tuesday, November 25th will be paid a dividend of $0.96 per share. This represents a $3.84 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date is Tuesday, November 25th. S&P Global's payout ratio is presently 29.54%.

Wall Street Analyst Weigh In

Several research firms have recently commented on SPGI. Barclays boosted their price objective on S&P Global from $610.00 to $620.00 and gave the company an "overweight" rating in a report on Thursday, July 31st. Wells Fargo & Company upped their price target on S&P Global from $660.00 to $661.00 and gave the stock an "overweight" rating in a report on Friday, September 19th. Morgan Stanley upped their price target on S&P Global from $595.00 to $615.00 and gave the stock an "overweight" rating in a report on Friday, August 1st. JPMorgan Chase & Co. upped their price target on S&P Global from $575.00 to $625.00 and gave the stock an "overweight" rating in a report on Monday, July 21st. Finally, UBS Group upped their price target on S&P Global from $575.00 to $620.00 and gave the stock a "buy" rating in a report on Tuesday, July 8th. One investment analyst has rated the stock with a Strong Buy rating and thirteen have issued a Buy rating to the company. Based on data from MarketBeat, S&P Global currently has a consensus rating of "Buy" and a consensus price target of $614.46.

About S&P Global

S&P Global, Inc engages in the provision of transparent and independent ratings, benchmarks, analytics, and data to the capital and commodity markets worldwide. It operates through the following segments: Market Intelligence, Ratings, Commodity Insights, Mobility, Indices, and Engineering Solutions.

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