Aaron Wealth Advisors LLC Grows Holdings in S&P Global Inc. (NYSE:SPGI)

Aaron Wealth Advisors LLC increased its stake in S&P Global Inc. (NYSE:SPGIFree Report) by 1.4% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 3,221 shares of the business services provider’s stock after buying an additional 43 shares during the period. Aaron Wealth Advisors LLC’s holdings in S&P Global were worth $1,604,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. HWG Holdings LP bought a new position in S&P Global during the 2nd quarter worth approximately $27,000. Northwest Investment Counselors LLC bought a new position in S&P Global during the third quarter worth $27,000. First Personal Financial Services acquired a new position in S&P Global in the third quarter worth $29,000. Capital Performance Advisors LLP bought a new stake in S&P Global during the third quarter valued at $31,000. Finally, Voisard Asset Management Group Inc. raised its holdings in shares of S&P Global by 77.1% during the third quarter. Voisard Asset Management Group Inc. now owns 62 shares of the business services provider’s stock worth $32,000 after purchasing an additional 27 shares during the period. 87.17% of the stock is owned by institutional investors and hedge funds.

S&P Global Price Performance

Shares of NYSE:SPGI opened at $501.70 on Friday. The stock has a market cap of $155.68 billion, a price-to-earnings ratio of 44.28, a PEG ratio of 2.22 and a beta of 1.20. The company has a debt-to-equity ratio of 0.33, a current ratio of 0.94 and a quick ratio of 0.94. S&P Global Inc. has a 12 month low of $407.69 and a 12 month high of $533.29. The stock’s 50 day moving average price is $504.75 and its 200 day moving average price is $500.78.

S&P Global (NYSE:SPGIGet Free Report) last issued its quarterly earnings results on Thursday, October 24th. The business services provider reported $3.89 earnings per share for the quarter, beating analysts’ consensus estimates of $3.64 by $0.25. The company had revenue of $3.58 billion during the quarter, compared to the consensus estimate of $3.43 billion. S&P Global had a net margin of 25.80% and a return on equity of 13.72%. S&P Global’s revenue was up 15.9% on a year-over-year basis. During the same period in the prior year, the company earned $3.21 EPS. Equities research analysts anticipate that S&P Global Inc. will post 15.25 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on SPGI. Evercore ISI started coverage on shares of S&P Global in a report on Wednesday, October 2nd. They issued an “outperform” rating and a $599.00 price target for the company. BMO Capital Markets lowered their target price on S&P Global from $589.00 to $564.00 and set an “outperform” rating for the company in a report on Friday, October 25th. Raymond James lowered S&P Global from an “outperform” rating to a “market perform” rating in a research report on Monday, September 23rd. JPMorgan Chase & Co. dropped their target price on S&P Global from $600.00 to $585.00 and set an “overweight” rating on the stock in a research report on Friday, October 25th. Finally, UBS Group boosted their price target on shares of S&P Global from $605.00 to $610.00 and gave the company a “buy” rating in a report on Friday, October 25th. Two investment analysts have rated the stock with a hold rating and thirteen have given a buy rating to the stock. According to MarketBeat, S&P Global has an average rating of “Moderate Buy” and a consensus target price of $583.62.

View Our Latest Research Report on S&P Global

S&P Global Company Profile

(Free Report)

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.

Further Reading

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:SPGIFree Report).

Institutional Ownership by Quarter for S&P Global (NYSE:SPGI)

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.