United Capital Financial Advisors LLC Invests $32.72 Million in S&P Global Inc. $SPGI

United Capital Financial Advisors LLC acquired a new stake in S&P Global Inc. (NYSE:SPGI) in the 2nd quarter, Holdings Channel reports. The fund acquired 80,336 shares of the business services provider’s stock, valued at approximately $32,718,000.

Other hedge funds have also made changes to their positions in the company. Joseph Group Capital Management acquired a new stake in S&P Global in the fourth quarter worth approximately $29,000. Pingora Partners LLC acquired a new position in shares of S&P Global during the 2nd quarter valued at $29,000. North Star Investment Management Corp. increased its position in shares of S&P Global by 134.6% during the 4th quarter. North Star Investment Management Corp. now owns 61 shares of the business services provider’s stock valued at $32,000 after purchasing an additional 35 shares during the period. Palladiem LLC bought a new stake in shares of S&P Global in the 4th quarter worth $36,000. Finally, Palisade Asset Management LLC bought a new stake in shares of S&P Global in the 3rd quarter worth $36,000. Institutional investors and hedge funds own 87.17% of the company’s stock.

Analysts Set New Price Targets

Several research analysts recently weighed in on the company. Zacks Research cut S&P Global from a “hold” rating to a “strong sell” rating in a research note on Monday, July 20th. The Goldman Sachs Group cut their price target on shares of S&P Global from $539.00 to $490.00 and set a “buy” rating for the company in a report on Wednesday, July 1st. UBS Group reduced their price objective on shares of S&P Global from $550.00 to $525.00 and set a “buy” rating for the company in a research report on Tuesday, July 7th. Mizuho boosted their target price on shares of S&P Global from $551.00 to $554.00 and gave the stock an “outperform” rating in a report on Tuesday, May 5th. Finally, Wall Street Zen upgraded shares of S&P Global to a “hold” rating in a report on Saturday, July 4th. Eighteen research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, S&P Global has a consensus rating of “Moderate Buy” and a consensus price target of $523.59.

S&P Global Trading Down 0.2%

NYSE:SPGI opened at $435.73 on Friday. The stock has a fifty day simple moving average of $423.94 and a 200 day simple moving average of $424.16. The firm has a market capitalization of $128.45 billion, a price-to-earnings ratio of 26.60, a price-to-earnings-growth ratio of 1.96 and a beta of 1.07. S&P Global Inc. has a 1-year low of $381.61 and a 1-year high of $552.25. The company has a quick ratio of 0.95, a current ratio of 0.95 and a debt-to-equity ratio of 0.40.

S&P Global (NYSE:SPGI) last posted its quarterly earnings data on Tuesday, July 28th. The business services provider reported $4.83 EPS for the quarter, beating analysts’ consensus estimates of $4.81 by $0.02. The company had revenue of $4.15 billion during the quarter, compared to analyst estimates of $4.09 billion. S&P Global had a net margin of 31.37% and a return on equity of 17.74%. The business’s quarterly revenue was up 10.4% on a year-over-year basis. During the same period in the prior year, the firm earned $4.43 earnings per share. S&P Global has set its FY 2026 guidance at 17.500-17.750 EPS. Sell-side analysts forecast that S&P Global Inc. will post 17.75 earnings per share for the current year.

S&P Global Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 10th. Shareholders of record on Wednesday, August 26th will be paid a dividend of $0.97 per share. This represents a $3.88 annualized dividend and a yield of 0.9%. The ex-dividend date of this dividend is Wednesday, August 26th. S&P Global’s payout ratio is 23.69%.

S&P Global Profile

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.