Generali Investments CEE investicni spolecnost a.s. Invests $684,000 in S&P Global Inc. $SPGI

Generali Investments CEE investicni spolecnost a.s. purchased a new position in shares of S&P Global Inc. (NYSE:SPGI) during the 2nd quarter, Holdings Channel reports. The institutional investor purchased 1,297 shares of the business services provider’s stock, valued at approximately $684,000.

Several other institutional investors and hedge funds have also modified their holdings of SPGI. Brighton Jones LLC boosted 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 worth $1,582,000 after acquiring an additional 143 shares during the last quarter. Fiduciary Alliance LLC boosted its stake in shares of S&P Global by 37.9% during the 1st quarter. Fiduciary Alliance LLC now owns 1,085 shares of the business services provider’s stock worth $551,000 after acquiring an additional 298 shares during the last quarter. NBC Securities Inc. boosted its stake in shares of S&P Global by 129,650.0% during the 1st quarter. NBC Securities Inc. now owns 2,595 shares of the business services provider’s stock worth $1,318,000 after acquiring an additional 2,593 shares during the last quarter. Merit Financial Group LLC boosted its stake in shares of S&P Global by 16.2% during the 1st quarter. Merit Financial Group LLC now owns 23,321 shares of the business services provider’s stock worth $11,850,000 after acquiring an additional 3,251 shares during the last quarter. Finally, ST Germain D J Co. Inc. boosted its stake in shares of S&P Global by 9.5% during the 1st quarter. ST Germain D J Co. Inc. now owns 357 shares of the business services provider’s stock worth $181,000 after acquiring an additional 31 shares during the last quarter. Hedge funds and other institutional investors own 87.17% of the company’s stock.

S&P Global Stock Performance

Shares of NYSE SPGI opened at $486.45 on Wednesday. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.98 and a current ratio of 0.98. The company has a market cap of $148.51 billion, a P/E ratio of 37.42, a P/E/G ratio of 2.63 and a beta of 1.20. The firm’s fifty day moving average is $538.44 and its two-hundred day moving average is $515.32. S&P Global Inc. has a 52-week low of $427.14 and a 52-week high of $579.05.

S&P Global (NYSE:SPGI) last announced its quarterly earnings results on Thursday, July 31st. The business services provider reported $4.43 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.18 by $0.25. The company had revenue of $3.76 billion for the quarter, compared to the consensus estimate of $3.65 billion. S&P Global had a net margin of 27.30% and a return on equity of 15.11%. S&P Global’s revenue for the quarter was up 5.8% compared to the same quarter last year. During the same period in the previous year, the firm posted $4.04 EPS. S&P Global has set its FY 2025 guidance at 17.000-17.250 EPS. As a group, analysts anticipate that S&P Global Inc. will post 17.11 EPS for the current fiscal year.

S&P Global Announces Dividend

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

Analyst Ratings Changes

Several research analysts recently weighed in on SPGI shares. BMO Capital Markets upped their target price on shares of S&P Global from $604.00 to $621.00 and gave the stock an “outperform” rating in a report on Friday, August 1st. Wells Fargo & Company increased their price target on S&P Global from $660.00 to $661.00 and gave the stock an “overweight” rating in a research note on Friday, September 19th. Barclays increased their price target on S&P Global from $610.00 to $620.00 and gave the stock an “overweight” rating in a research note on Thursday, July 31st. UBS Group increased their price target on S&P Global from $575.00 to $620.00 and gave the stock a “buy” rating in a research note on Tuesday, July 8th. Finally, JPMorgan Chase & Co. increased their price target on S&P Global from $575.00 to $625.00 and gave the stock an “overweight” rating in a research note on Monday, July 21st. One analyst has rated the stock with a Strong Buy rating and thirteen have assigned a Buy rating to the company. Based on data from MarketBeat, S&P Global has an average rating of “Buy” and a consensus price target of $614.46.

S&P Global Company 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.