401 Shares in S&P Global Inc. $SPGI Bought by Brave Warrior Advisors LLC

Brave Warrior Advisors LLC bought a new position in shares of S&P Global Inc. (NYSE:SPGI) during the 1st quarter, according to its most recent 13F filing with the SEC. The fund bought 401 shares of the business services provider’s stock, valued at approximately $204,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in SPGI. Minot DeBlois Advisors LLC purchased a new position in S&P Global during the 4th quarter worth $25,000. Cheviot Value Management LLC acquired a new stake in S&P Global during the 1st quarter worth about $26,000. Costello Asset Management INC acquired a new stake in S&P Global during the 1st quarter worth about $26,000. Smallwood Wealth Investment Management LLC acquired a new stake in S&P Global during the 1st quarter worth about $28,000. Finally, CBIZ Investment Advisory Services LLC lifted its position in S&P Global by 103.3% during the 1st quarter. CBIZ Investment Advisory Services LLC now owns 61 shares of the business services provider’s stock worth $31,000 after acquiring an additional 31 shares during the period. 87.17% of the stock is currently owned by hedge funds and other institutional investors.

S&P Global Stock Performance

NYSE SPGI opened at $548.61 on Monday. The stock has a market capitalization of $167.49 billion, a price-to-earnings ratio of 42.20, a PEG ratio of 2.94 and a beta of 1.20. S&P Global Inc. has a twelve month low of $427.14 and a twelve month high of $579.05. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 0.34. The stock has a 50-day moving average of $538.99 and a 200 day moving average of $514.47.

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

S&P Global Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, September 10th. Investors of record on Tuesday, August 26th will be issued a $0.96 dividend. The ex-dividend date of this dividend is Tuesday, August 26th. This represents a $3.84 dividend on an annualized basis and a yield of 0.7%. S&P Global’s dividend payout ratio is presently 29.54%.

Analyst Ratings Changes

A number of analysts have commented on SPGI shares. Oppenheimer lifted their price target on S&P Global from $567.00 to $592.00 and gave the stock an “outperform” rating in a research report on Wednesday, July 2nd. Barclays lifted their price target on S&P Global from $610.00 to $620.00 and gave the stock an “overweight” rating in a research report on Thursday, July 31st. Wells Fargo & Company boosted their price objective on S&P Global from $632.00 to $660.00 and gave the company an “overweight” rating in a report on Friday, August 1st. UBS Group boosted their price objective on S&P Global from $575.00 to $620.00 and gave the company a “buy” rating in a report on Tuesday, July 8th. Finally, JPMorgan Chase & Co. boosted their price objective on S&P Global from $575.00 to $625.00 and gave the company an “overweight” rating in a report on Monday, July 21st. One analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, S&P Global has a consensus rating of “Buy” and an average target price of $611.69.

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.