Brasada Capital Management LP Invests $1.28 Million in S&P Global Inc. $SPGI

Brasada Capital Management LP purchased a new stake in shares of S&P Global Inc. (NYSE:SPGI) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 3,150 shares of the business services provider’s stock, valued at approximately $1,283,000.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. Rehmann Capital Advisory Group increased its position in S&P Global by 1.2% during the 3rd quarter. Rehmann Capital Advisory Group now owns 1,925 shares of the business services provider’s stock valued at $937,000 after purchasing an additional 22 shares during the period. Washington Trust Bank lifted its position in shares of S&P Global by 1.2% in the 4th quarter. Washington Trust Bank now owns 1,888 shares of the business services provider’s stock worth $987,000 after purchasing an additional 23 shares during the period. Hibernia Wealth Partners LLC boosted its stake in shares of S&P Global by 3.3% during the first quarter. Hibernia Wealth Partners LLC now owns 754 shares of the business services provider’s stock valued at $321,000 after purchasing an additional 24 shares in the last quarter. Conestoga Capital Advisors LLC boosted its stake in shares of S&P Global by 1.7% during the fourth quarter. Conestoga Capital Advisors LLC now owns 1,521 shares of the business services provider’s stock valued at $795,000 after purchasing an additional 25 shares in the last quarter. Finally, Prestige Wealth Management Group LLC boosted its stake in shares of S&P Global by 2.8% during the fourth quarter. Prestige Wealth Management Group LLC now owns 946 shares of the business services provider’s stock valued at $494,000 after purchasing an additional 26 shares in the last quarter. 87.17% of the stock is currently owned by institutional investors.

S&P Global Stock Down 0.2%

NYSE:SPGI opened at $435.73 on Friday. The company’s 50-day simple moving average is $423.94 and its 200-day simple moving average is $424.16. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.95 and a current ratio of 0.95. S&P Global Inc. has a fifty-two week low of $381.61 and a fifty-two week high of $552.25. The stock has a market capitalization of $128.45 billion, a P/E ratio of 26.60, a P/E/G ratio of 1.96 and a beta of 1.07.

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, topping the consensus estimate of $4.81 by $0.02. S&P Global had a net margin of 31.37% and a return on equity of 17.74%. The firm had revenue of $4.15 billion during the quarter, compared to analyst estimates of $4.09 billion. During the same quarter in the previous year, the business posted $4.43 EPS. S&P Global’s revenue was up 10.4% on a year-over-year basis. S&P Global has set its FY 2026 guidance at 17.500-17.750 EPS. On average, equities analysts anticipate that S&P Global Inc. will post 17.75 earnings per share for the current fiscal year.

S&P Global Dividend Announcement

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

Wall Street Analyst Weigh In

A number of equities analysts recently commented on the stock. The Goldman Sachs Group reduced their price objective on shares of S&P Global from $539.00 to $490.00 and set a “buy” rating for the company in a research note on Wednesday, July 1st. Weiss Ratings reaffirmed a “hold (c)” rating on shares of S&P Global in a research report on Monday, July 6th. Wall Street Zen raised S&P Global to a “hold” rating in a research report on Saturday, July 4th. Daiwa Securities Group cut their price target on S&P Global from $490.00 to $485.00 and set an “outperform” rating on the stock in a report on Wednesday, May 20th. Finally, Zacks Research lowered S&P Global from a “hold” rating to a “strong sell” rating in a research report on Monday, July 20th. Eighteen analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $523.59.

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.