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Professional Advisory Services Inc. Increases Stock Position in S&P Global Inc. $SPGI
Professional Advisory Services Inc. has increased its stake in S&P Global Inc. (NYSE:SPGI) by 37.2% in the fourth quarter, now holding 35,717 shares valued at approximately $18.67 million. This makes SPGI the 24th largest holding in their portfolio, representing about 2.4% of their investments. Other major institutional investors, including Norges Bank and DZ BANK AG, have also significantly increased their positions, with institutional ownership now at 87.17%. Analysts maintain a consensus “Buy” rating for S&P Global, with an average price target of $563.53, and the company recently raised its quarterly dividend to $0.97 per share.