Roundview Capital LLC Grows Stock Position in S&P Global Inc. $SPGI

Roundview Capital LLC raised its position in S&P Global Inc. (NYSE:SPGI) by 2.0% during the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 9,304 shares of the business services provider’s stock after acquiring an additional 183 shares during the period. Roundview Capital LLC’s holdings in S&P Global were worth $4,906,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently made changes to their positions in the company. Brighton Jones LLC raised its stake in S&P Global by 4.7% in the 4th quarter. Brighton Jones LLC now owns 3,176 shares of the business services provider’s stock valued at $1,582,000 after acquiring an additional 143 shares during the period. UMB Bank n.a. increased its stake in shares of S&P Global by 1.7% in the first quarter. UMB Bank n.a. now owns 7,970 shares of the business services provider’s stock worth $4,050,000 after purchasing an additional 136 shares in the last quarter. Revolve Wealth Partners LLC increased its stake in shares of S&P Global by 8.5% in the first quarter. Revolve Wealth Partners LLC now owns 496 shares of the business services provider’s stock worth $252,000 after purchasing an additional 39 shares in the last quarter. OLD National Bancorp IN raised its position in shares of S&P Global by 1.6% in the first quarter. OLD National Bancorp IN now owns 3,224 shares of the business services provider’s stock valued at $1,638,000 after purchasing an additional 52 shares during the period. Finally, Wedge Capital Management L L P NC lifted its stake in shares of S&P Global by 10.3% during the 1st quarter. Wedge Capital Management L L P NC now owns 587 shares of the business services provider’s stock valued at $298,000 after buying an additional 55 shares in the last quarter. Institutional investors own 87.17% of the company’s stock.

S&P Global Price Performance

Shares of NYSE SPGI opened at $478.28 on Tuesday. The stock’s 50-day simple moving average is $534.32 and its two-hundred day simple moving average is $515.02. S&P Global Inc. has a twelve month low of $427.14 and a twelve month high of $579.05. The firm has a market capitalization of $146.02 billion, a P/E ratio of 36.79, a P/E/G ratio of 2.55 and a beta of 1.19. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 0.34.

S&P Global (NYSE:SPGI) last issued 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 firm had revenue of $3.76 billion during the quarter, compared to the consensus estimate of $3.65 billion. S&P Global had a return on equity of 15.11% and a net margin of 27.30%.The company’s revenue for the quarter was up 5.8% on a year-over-year basis. During the same quarter last year, the company posted $4.04 EPS. S&P Global has set its FY 2025 guidance at 17.000-17.250 EPS. As a group, equities analysts anticipate that S&P Global Inc. will post 17.11 EPS for the current fiscal year.

S&P Global Dividend Announcement

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

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on SPGI shares. BMO Capital Markets lifted their price objective on shares of S&P Global from $604.00 to $621.00 and gave the company an “outperform” rating in a research note on Friday, August 1st. Oppenheimer raised their price target on S&P Global from $567.00 to $592.00 and gave the stock an “outperform” rating in a report on Wednesday, July 2nd. Wells Fargo & Company boosted their price objective on S&P Global from $660.00 to $661.00 and gave the company an “overweight” rating in a research note on Friday, September 19th. Citigroup increased their price objective on S&P Global from $600.00 to $635.00 and gave the stock a “buy” rating in a report on Monday, September 15th. Finally, Morgan Stanley lifted their target price on S&P Global from $595.00 to $615.00 and gave the company an “overweight” rating in a report on Friday, August 1st. Two analysts have rated the stock with a Strong Buy rating and fourteen have given a Buy rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Buy” and a consensus target price of $614.46.

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.