Thurston Springer Miller Herd & Titak Inc. Grows Stock Position in S&P Global Inc. $SPGI

Thurston Springer Miller Herd & Titak Inc. lifted its holdings in S&P Global Inc. (NYSE:SPGI) by 233.5% during the 4th quarter, Holdings Channel.com reports. The firm owned 1,744 shares of the business services provider’s stock after buying an additional 1,221 shares during the period. Thurston Springer Miller Herd & Titak Inc.’s holdings in S&P Global were worth $911,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Hamilton Capital LLC increased its holdings in shares of S&P Global by 4.5% in the 2nd quarter. Hamilton Capital LLC now owns 418 shares of the business services provider’s stock valued at $220,000 after acquiring an additional 18 shares during the period. Sand Hill Global Advisors LLC lifted its stake in shares of S&P Global by 3.1% during the 2nd quarter. Sand Hill Global Advisors LLC now owns 632 shares of the business services provider’s stock worth $333,000 after purchasing an additional 19 shares during the last quarter. YANKCOM Partnership lifted its stake in shares of S&P Global by 7.9% during the 4th quarter. YANKCOM Partnership now owns 259 shares of the business services provider’s stock worth $135,000 after purchasing an additional 19 shares during the last quarter. LeConte Wealth Management LLC boosted its position in S&P Global by 4.1% during the fourth quarter. LeConte Wealth Management LLC now owns 511 shares of the business services provider’s stock valued at $267,000 after purchasing an additional 20 shares in the last quarter. Finally, Chemistry Wealth Management LLC grew its stake in S&P Global by 0.4% in the third quarter. Chemistry Wealth Management LLC now owns 4,895 shares of the business services provider’s stock valued at $2,382,000 after purchasing an additional 21 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 SPGI opened at $431.09 on Friday. The stock has a 50-day moving average of $439.26 and a two-hundred day moving average of $481.30. S&P Global Inc. has a one year low of $381.61 and a one year high of $579.05. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.82 and a current ratio of 0.82. The stock has a market cap of $130.82 billion, a P/E ratio of 29.43, a P/E/G ratio of 1.91 and a beta of 1.20.

S&P Global (NYSE:SPGI) last announced its quarterly earnings data on Tuesday, February 10th. The business services provider reported $4.30 earnings per share for the quarter, missing analysts’ consensus estimates of $4.32 by ($0.02). S&P Global had a net margin of 29.16% and a return on equity of 16.56%. The firm had revenue of $3.92 billion during the quarter, compared to analyst estimates of $3.89 billion. During the same period in the prior year, the company posted $3.77 earnings per share. The firm’s revenue for the quarter was up 9.0% on a year-over-year basis. S&P Global has set its FY 2026 guidance at 19.400-19.650 EPS. As a group, research analysts predict that S&P Global Inc. will post 17.11 EPS for the current year.

S&P Global Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, March 11th. Investors of record on Wednesday, February 25th were issued a $0.97 dividend. This is a boost from S&P Global’s previous quarterly dividend of $0.96. The ex-dividend date was Wednesday, February 25th. This represents a $3.88 annualized dividend and a yield of 0.9%. S&P Global’s dividend payout ratio is currently 26.48%.

Analyst Upgrades and Downgrades

SPGI has been the subject of a number of recent research reports. Barclays reiterated an “overweight” rating and issued a $565.00 target price on shares of S&P Global in a report on Monday, February 23rd. BMO Capital Markets boosted their price objective on shares of S&P Global from $482.00 to $495.00 and gave the stock an “outperform” rating in a research note on Tuesday, March 17th. UBS Group lowered their target price on shares of S&P Global from $620.00 to $550.00 and set a “buy” rating for the company in a research note on Tuesday, February 17th. Royal Bank Of Canada cut their price target on shares of S&P Global from $620.00 to $560.00 and set an “outperform” rating on the stock in a report on Wednesday, February 11th. Finally, Wells Fargo & Company cut their price objective on shares of S&P Global from $675.00 to $530.00 and set an “overweight” rating on the stock in a report on Wednesday, February 11th. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat.com, S&P Global presently has a consensus rating of “Buy” and a consensus target price of $563.53.

About S&P Global

S&P Global is a leading provider of financial information, analytics and benchmark indices that serve investors, issuers, corporations and public institutions worldwide. The company operates through well-known businesses that include credit ratings, market intelligence and index licensing, as well as commodity and energy information services. Its products and services are used to assess creditworthiness, inform investment decisions, construct and track benchmark portfolios, and support risk and commodity market analysis.

S&P Global Ratings provides independent credit ratings, research and data used by fixed income investors and capital market participants to evaluate issuer and transaction risk.