S&P Global Inc. (NYSE:SPGI) Shares Acquired by Waverly Advisors LLC

Waverly Advisors LLC boosted its position in shares of S&P Global Inc. (NYSE:SPGI - Free Report) by 126.8% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 4,273 shares of the business services provider's stock after buying an additional 2,389 shares during the quarter. Waverly Advisors LLC's holdings in S&P Global were worth $2,128,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently modified their holdings of the business. Ameritas Advisory Services LLC raised its holdings in shares of S&P Global by 96.6% in the 4th quarter. Ameritas Advisory Services LLC now owns 1,056 shares of the business services provider's stock valued at $526,000 after purchasing an additional 519 shares in the last quarter. Atomi Financial Group Inc. increased its position in shares of S&P Global by 35.1% during the fourth quarter. Atomi Financial Group Inc. now owns 1,615 shares of the business services provider's stock worth $804,000 after purchasing an additional 420 shares in the last quarter. XML Financial LLC lifted its holdings in shares of S&P Global by 7.7% during the 4th quarter. XML Financial LLC now owns 779 shares of the business services provider's stock valued at $388,000 after purchasing an additional 56 shares during the last quarter. Janney Montgomery Scott LLC boosted its position in shares of S&P Global by 0.5% in the 4th quarter. Janney Montgomery Scott LLC now owns 84,320 shares of the business services provider's stock worth $41,994,000 after purchasing an additional 459 shares in the last quarter. Finally, Independent Wealth Network Inc. boosted its position in shares of S&P Global by 9.9% in the 4th quarter. Independent Wealth Network Inc. now owns 554 shares of the business services provider's stock worth $276,000 after purchasing an additional 50 shares in the last quarter. Institutional investors own 87.17% of the company's stock.

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on SPGI shares. Wall Street Zen lowered S&P Global from a "buy" rating to a "hold" rating in a research report on Thursday, February 20th. Morgan Stanley boosted their price target on S&P Global from $595.00 to $600.00 and gave the stock an "overweight" rating in a research note on Wednesday, February 12th. Stifel Nicolaus cut their price objective on shares of S&P Global from $629.00 to $603.00 and set a "buy" rating on the stock in a report on Wednesday, April 30th. Mizuho began coverage on shares of S&P Global in a research note on Wednesday, March 12th. They issued an "outperform" rating and a $599.00 target price for the company. Finally, JPMorgan Chase & Co. cut their price target on shares of S&P Global from $618.00 to $565.00 and set an "overweight" rating on the stock in a research note on Wednesday, April 16th. Two equities research analysts have rated the stock with a hold rating, fourteen have assigned a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, S&P Global presently has a consensus rating of "Moderate Buy" and a consensus target price of $592.71.

S&P Global Stock Performance

NYSE SPGI traded up $7.09 on Tuesday, reaching $517.11. 435,896 shares of the company's stock traded hands, compared to its average volume of 1,366,002. S&P Global Inc. has a fifty-two week low of $419.49 and a fifty-two week high of $545.39. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.85 and a current ratio of 0.85. The firm has a market cap of $158.60 billion, a price-to-earnings ratio of 41.87, a P/E/G ratio of 2.41 and a beta of 1.23. The stock has a 50 day moving average price of $491.21 and a 200-day moving average price of $503.68.

S&P Global (NYSE:SPGI - Get Free Report) last posted its earnings results on Tuesday, April 29th. The business services provider reported $4.37 earnings per share for the quarter, beating the consensus estimate of $4.23 by $0.14. S&P Global had a net margin of 27.12% and a return on equity of 14.33%. The firm had revenue of $3.78 billion during the quarter, compared to analyst estimates of $3.72 billion. During the same period in the previous year, the firm earned $4.01 EPS. The business's quarterly revenue was up 8.2% on a year-over-year basis. Equities research analysts predict that S&P Global Inc. will post 17.11 EPS for the current fiscal year.

S&P Global Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, June 11th. Investors of record on Wednesday, May 28th will be issued a $0.96 dividend. The ex-dividend date is Wednesday, May 28th. This represents a $3.84 dividend on an annualized basis and a yield of 0.74%. S&P Global's payout ratio is 30.16%.

Insider Transactions at S&P Global

In other S&P Global news, EVP Sally Moore sold 500 shares of the business's stock in a transaction that occurred on Monday, May 5th. The stock was sold at an average price of $510.43, for a total transaction of $255,215.00. Following the completion of the sale, the executive vice president now directly owns 5,131 shares in the company, valued at approximately $2,619,016.33. The trade was a 8.88% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 0.10% of the company's stock.

S&P Global Profile

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.