Fiduciary Alliance LLC bought a new stake in S&P Global Inc. (NYSE:SPGI – Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 787 shares of the business services provider’s stock, valued at approximately $392,000.
A number of other large investors have also recently bought and sold shares of SPGI. HWG Holdings LP bought a new stake in shares of S&P Global in the second quarter worth $27,000. Northwest Investment Counselors LLC acquired a new stake in S&P Global in the 3rd quarter valued at $27,000. First Personal Financial Services bought a new stake in S&P Global during the 3rd quarter worth about $29,000. Capital Performance Advisors LLP acquired a new position in shares of S&P Global during the 3rd quarter worth about $31,000. Finally, Voisard Asset Management Group Inc. grew its holdings in shares of S&P Global by 77.1% in the 3rd quarter. Voisard Asset Management Group Inc. now owns 62 shares of the business services provider’s stock valued at $32,000 after acquiring an additional 27 shares in the last quarter. Institutional investors and hedge funds own 87.17% of the company’s stock.
S&P Global Price Performance
S&P Global stock opened at $483.68 on Wednesday. The company has a market capitalization of $150.09 billion, a price-to-earnings ratio of 42.69, a PEG ratio of 2.53 and a beta of 1.20. The stock’s 50 day moving average is $504.46 and its 200-day moving average is $500.38. The company has a current ratio of 0.94, a quick ratio of 0.94 and a debt-to-equity ratio of 0.33. S&P Global Inc. has a 12 month low of $407.69 and a 12 month high of $533.29.
Wall Street Analyst Weigh In
SPGI has been the topic of several analyst reports. Stifel Nicolaus upped their target price on S&P Global from $540.00 to $560.00 and gave the stock a “buy” rating in a report on Monday, October 28th. Robert W. Baird upped their price objective on S&P Global from $536.00 to $575.00 and gave the stock an “outperform” rating in a research note on Friday, October 25th. Oppenheimer decreased their target price on shares of S&P Global from $590.00 to $580.00 and set an “outperform” rating for the company in a research note on Friday, January 3rd. BMO Capital Markets dropped their price target on shares of S&P Global from $589.00 to $564.00 and set an “outperform” rating on the stock in a research report on Friday, October 25th. Finally, Citigroup initiated coverage on shares of S&P Global in a research report on Friday, December 20th. They issued a “buy” rating and a $600.00 price objective for the company. Two analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $583.62.
Check Out Our Latest Report on SPGI
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.
See Also
- Five stocks we like better than S&P Global
- What Are Some of the Best Large-Cap Stocks to Buy?
- The Fed Is More Likely to Hike Than Cut Rates in 2025
- Stock Dividend Cuts Happen Are You Ready?
- Investors Navigate Uncertainty by Seeking Refuge in Gold and Oil
- How Investors Can Identify and Successfully Trade Gap-Down Stocks
- Archer Aviation Shares Slide, Now Bargain Priced for 2025
Want to see what other hedge funds are holding SPGI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for S&P Global Inc. (NYSE:SPGI – Free Report).
Receive News & Ratings for S&P Global Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for S&P Global and related companies with MarketBeat.com's FREE daily email newsletter.