Bank of New Hampshire Holds $182,000 in S&P Global Inc. (NYSE:SPGI)

Bank of New Hampshire has reduced its investment in S&P Global Inc. (NYSE:SPGI) by 15.7% during the fourth quarter of 2024, according to its latest filing with the Securities and Exchange Commission. The bank owned 365 shares of S&P Global's stock after selling 68 shares in the quarter. As per the recent filing, the total value of Bank of New Hampshire's holdings in S&P Global stands at $182,000.

Many other institutional investors have also been active in buying and selling shares of S&P Global recently. For instance, HWG Holdings LP acquired a new stake valued at $27,000 in the second quarter. Additionally, Northwest Investment Counselors LLC also purchased a new position in S&P Global worth approximately $27,000 during the third quarter. Sachetta LLC increased its stake in the company by a significant 103.4% in the second quarter, bringing their total to 59 shares, which are now valued at $29,000 after acquiring an additional 30 shares. Furthermore, First Personal Financial Services and Capital Performance Advisors LLP both established new positions in S&P Global, amounting to around $29,000 and $31,000, respectively, during the third quarter. Overall, institutional investors own about 87.17% of S&P Global's stock.

Recent Analyst Ratings

Recently, S&P Global (SPGI) has been under review by various research analysts. Notably, Wells Fargo & Company increased their price target for S&P Global shares from $575.00 to $620.00, giving it an “overweight” rating on October 9th. Stifel Nicolaus also raised their target from $540.00 to $560.00, rating it as a “buy” on October 28th. Robert W. Baird improved their price objective from $536.00 to $575.00 with an “outperform” rating on October 25th. In contrast, Oppenheimer reduced their target from $590.00 to $580.00, while maintaining an “outperform” rating on January 3rd. On December 20th, Citigroup initiated coverage on S&P Global, assigning it a “buy” rating with a $600.00 target price. Currently, two investment analysts have rated S&P Global as a hold, while thirteen have given it a buy rating. Based on information from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $574.43.

S&P Global Stock Performance

The stock for S&P Global opened at $491.44. The company holds a debt-to-equity ratio of 0.33 and both current and quick ratios of 0.94. Over the past year, S&P Global's shares reached a low of $407.69 and a high of $533.29. The stock's fifty-day moving average price is $504.15 and its two-hundred day moving average price is $498.95. The company enjoys a market capitalization of $152.49 billion, with a price-to-earnings ratio of 43.38 and a P/E/G ratio of 2.53, alongside a beta of 1.20.

S&P Global released its latest earnings results on October 24th, reporting $3.89 earnings per share (EPS) for the quarter, exceeding analyst expectations of $3.64 by $0.25. It had a return on equity of 13.72% and a net profit margin of 25.80%. The firm reported revenues of $3.58 billion for the quarter, surpassing the estimated $3.43 billion. This marks a 15.9% increase in revenue compared to the same period last year. Expectations from analysts suggest that S&P Global Inc. will record 15.24 EPS for the current fiscal year.

About S&P Global

S&P Global, Inc. is a leading provider of independent ratings, benchmarks, analytics, and data services to the capital and commodity markets worldwide. The company operates through multiple segments, including Market Intelligence, Ratings, Commodity Insights, Mobility, Indices, and Engineering Solutions.

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