S&P Global Inc. (NYSE:SPGI) Shares Bought by Hazlett Burt & Watson Inc.

Hazlett Burt & Watson Inc. boosted its holdings in shares of S&P Global Inc. (NYSE:SPGI) by 131.0% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 67 shares of the business services provider’s stock after purchasing an additional 38 shares during the period. Hazlett Burt & Watson Inc.’s holdings in S&P Global were worth $32,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in the business. Human Investing LLC acquired a new stake in S&P Global during the 4th quarter worth about $30,000. Noble Wealth Management PBC acquired a new position in shares of S&P Global in the fourth quarter worth about $31,000. Dunhill Financial LLC increased its position in shares of S&P Global by 94.4% in the third quarter. Dunhill Financial LLC now owns 70 shares of the business services provider’s stock worth $36,000 after acquiring an additional 34 shares in the last quarter. Sound Income Strategies LLC raised its holdings in shares of S&P Global by 700.0% during the fourth quarter. Sound Income Strategies LLC now owns 72 shares of the business services provider’s stock valued at $36,000 after acquiring an additional 63 shares during the period. Finally, BankPlus Trust Department purchased a new stake in shares of S&P Global in the 4th quarter valued at approximately $40,000. 87.17% of the stock is currently owned by institutional investors.

S&P Global Stock Performance

Shares of NYSE SPGI opened at $508.48 on Tuesday. S&P Global Inc. has a 12 month low of $407.69 and a 12 month high of $545.39. The company has a market cap of $159.58 billion, a P/E ratio of 41.17, a P/E/G ratio of 2.41 and a beta of 1.20. The business’s 50 day moving average is $515.34 and its two-hundred day moving average is $510.02. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 0.34.

S&P Global (NYSE:SPGI) last announced its earnings results on Tuesday, February 11th. The business services provider reported $3.77 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.41 by $0.36. S&P Global had a net margin of 27.12% and a return on equity of 14.33%. During the same quarter last year, the company earned $3.13 EPS. On average, equities analysts expect that S&P Global Inc. will post 17.11 EPS for the current year.

S&P Global Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, March 12th. Stockholders of record on Wednesday, February 26th were given a dividend of $0.96 per share. The ex-dividend date was Wednesday, February 26th. This represents a $3.84 dividend on an annualized basis and a dividend yield of 0.76%. This is a positive change from S&P Global’s previous quarterly dividend of $0.91. S&P Global’s dividend payout ratio is currently 31.09%.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on SPGI shares. Oppenheimer reduced their target price on S&P Global from $590.00 to $580.00 and set an “outperform” rating for the company in a report on Friday, January 3rd. StockNews.com downgraded S&P Global from a “buy” rating to a “hold” rating in a research note on Thursday, February 20th. Evercore ISI boosted their price target on S&P Global from $599.00 to $608.00 and gave the company an “outperform” rating in a research note on Wednesday, February 12th. Wells Fargo & Company raised their price objective on shares of S&P Global from $617.00 to $633.00 and gave the company an “overweight” rating in a research report on Wednesday, February 12th. Finally, BMO Capital Markets boosted their target price on shares of S&P Global from $576.00 to $590.00 and gave the stock an “outperform” rating in a research report on Thursday, February 13th. Three analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $590.86.

S&P Global Profile

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.