S&P Global Inc. (NYSE:SPGI) Shares Purchased by Aspiriant LLC

Aspiriant LLC increased its stake in shares of S&P Global Inc. (NYSE:SPGI) by 3.3% during the 1st quarter, according to its most recent filing with the SEC. The institutional investor owned 934 shares of the business services provider’s stock after acquiring an additional 30 shares during the period. Aspiriant LLC’s holdings in S&P Global were worth $397,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Janney Capital Management LLC lifted its position in S&P Global by 2.7% during the 4th quarter. Janney Capital Management LLC now owns 17,429 shares of the business services provider’s stock worth $7,678,000 after acquiring an additional 461 shares in the last quarter. Arkadios Wealth Advisors raised its position in shares of S&P Global by 6.1% in the 4th quarter. Arkadios Wealth Advisors now owns 1,523 shares of the business services provider’s stock valued at $671,000 after purchasing an additional 87 shares in the last quarter. Artisan Partners Limited Partnership raised its position in shares of S&P Global by 15.7% in the 4th quarter. Artisan Partners Limited Partnership now owns 1,403,726 shares of the business services provider’s stock valued at $618,369,000 after purchasing an additional 190,758 shares in the last quarter. Citizens Financial Group Inc. RI raised its position in shares of S&P Global by 54.2% in the 4th quarter. Citizens Financial Group Inc. RI now owns 3,172 shares of the business services provider’s stock valued at $1,397,000 after purchasing an additional 1,115 shares in the last quarter. Finally, Handelsinvest Investeringsforvaltning acquired a new position in shares of S&P Global in the 4th quarter valued at approximately $1,644,000. 87.17% of the stock is owned by institutional investors and hedge funds.

S&P Global Trading Up 0.1 %

NYSE:SPGI opened at $448.91 on Friday. S&P Global Inc. has a 1 year low of $340.49 and a 1 year high of $461.16. The stock has a market cap of $140.46 billion, a price-to-earnings ratio of 50.33, a PEG ratio of 2.49 and a beta of 1.15. The business has a fifty day moving average of $430.07 and a 200-day moving average of $431.44. The company has a debt-to-equity ratio of 0.33, a quick ratio of 0.92 and a current ratio of 0.92.

S&P Global (NYSE:SPGI) last released its quarterly earnings results on Thursday, April 25th. The business services provider reported $4.01 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.68 by $0.33. S&P Global had a return on equity of 12.20% and a net margin of 22.01%. The company had revenue of $3.49 billion during the quarter, compared to analysts’ expectations of $3.39 billion. Equities analysts predict that S&P Global Inc. will post 14.1 earnings per share for the current year.

S&P Global Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, September 11th. Stockholders of record on Tuesday, August 27th will be paid a $0.91 dividend. The ex-dividend date of this dividend is Tuesday, August 27th. This represents a $3.64 annualized dividend and a dividend yield of 0.81%. S&P Global’s payout ratio is 40.81%.

Analysts Set New Price Targets

A number of equities analysts have issued reports on SPGI shares. Oppenheimer upped their target price on S&P Global from $480.00 to $482.00 and gave the company an “outperform” rating in a research report on Friday, April 26th. Royal Bank of Canada reiterated an “outperform” rating and issued a $500.00 price target on shares of S&P Global in a report on Friday, June 21st. Barclays boosted their price target on S&P Global from $500.00 to $520.00 and gave the company an “overweight” rating in a report on Tuesday, April 2nd. Erste Group Bank reiterated a “hold” rating on shares of S&P Global in a report on Wednesday, April 3rd. Finally, Stifel Nicolaus boosted their price target on S&P Global from $442.00 to $446.00 and gave the company a “buy” rating in a report on Friday, April 26th. Two investment analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. Based on data from MarketBeat, S&P Global presently has a consensus rating of “Moderate Buy” and a consensus target price of $467.89.

S&P Global Company Profile

S&P Global Inc, together with its subsidiaries, provides credit ratings, benchmarks, analytics, and workflow solutions in the global capital, commodity, and automotive markets. It operates through S&P Global Market Intelligence, S&P Global Ratings, S&P Global Commodity Insights, S&P Global Mobility, S&P Dow Jones Indices, and S&P Global Engineering Solutions segments.