Greenland Capital Management LP Has $5.26 Million Position in S&P Global Inc. $SPGI

Greenland Capital Management LP lessened its position in S&P Global Inc. (NYSE:SPGI) by 54.4% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 10,810 shares of the business services provider’s stock after selling 12,879 shares during the period. Greenland Capital Management LP’s holdings in S&P Global were worth $5,261,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of SPGI. MTM Investment Management LLC bought a new position in S&P Global during the second quarter worth about $27,000. J.Safra Asset Management Corp bought a new stake in S&P Global in the third quarter valued at approximately $29,000. Spurstone Advisory Services LLC acquired a new stake in shares of S&P Global in the second quarter valued at approximately $34,000. Howard Hughes Medical Institute acquired a new stake in shares of S&P Global in the second quarter valued at approximately $36,000. Finally, First Pacific Financial boosted its stake in shares of S&P Global by 51.0% during the 3rd quarter. First Pacific Financial now owns 74 shares of the business services provider’s stock worth $36,000 after acquiring an additional 25 shares during the period. 87.17% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on the company. Weiss Ratings restated a “buy (b-)” rating on shares of S&P Global in a research note on Monday, December 29th. BMO Capital Markets dropped their price objective on shares of S&P Global from $601.00 to $482.00 and set an “outperform” rating on the stock in a research report on Wednesday, February 11th. Evercore set a $625.00 target price on shares of S&P Global and gave the stock an “outperform” rating in a research note on Wednesday, February 11th. Robert W. Baird set a $546.00 price target on shares of S&P Global in a research note on Wednesday, February 11th. Finally, Wells Fargo & Company lowered their price target on shares of S&P Global from $675.00 to $530.00 and set an “overweight” rating on the stock in a report on Wednesday, February 11th. One analyst has rated the stock with a Strong Buy rating and seventeen have given a Buy rating to the company. Based on data from MarketBeat, S&P Global has a consensus rating of “Buy” and a consensus price target of $562.67.

S&P Global Stock Performance

NYSE SPGI opened at $404.54 on Tuesday. The company has a quick ratio of 0.82, a current ratio of 0.82 and a debt-to-equity ratio of 0.40. The company has a market capitalization of $120.88 billion, a P/E ratio of 27.61, a P/E/G ratio of 1.85 and a beta of 1.20. S&P Global Inc. has a 12-month low of $381.61 and a 12-month high of $579.05. The firm has a 50-day moving average price of $497.52 and a two-hundred day moving average price of $505.05.

S&P Global (NYSE:SPGI) last announced its earnings results on Tuesday, February 10th. The business services provider reported $4.30 EPS for the quarter, missing the consensus estimate of $4.32 by ($0.02). S&P Global had a return on equity of 16.56% and a net margin of 29.16%.The business had revenue of $3.92 billion for the quarter, compared to the consensus estimate of $3.89 billion. During the same period in the prior year, the business posted $3.77 earnings per share. The firm’s revenue for the quarter was up 9.0% compared to the same quarter last year. S&P Global has set its FY 2026 guidance at 19.400-19.650 EPS. Analysts anticipate that S&P Global Inc. will post 17.11 earnings per share for the current year.

S&P Global Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 11th. Shareholders of record on Wednesday, February 25th will be issued a $0.97 dividend. The ex-dividend date of this dividend is Wednesday, February 25th. This represents a $3.88 annualized dividend and a yield of 1.0%. This is a boost from S&P Global’s previous quarterly dividend of $0.96. S&P Global’s payout ratio is presently 26.48%.

S&P Global Profile

S&P Global is a leading provider of financial information, analytics and benchmark indices that serve investors, issuers, corporations and public institutions worldwide. The company operates through well-known businesses that include credit ratings, market intelligence and index licensing, as well as commodity and energy information services. Its products and services are used to assess creditworthiness, inform investment decisions, construct and track benchmark portfolios, and support risk and commodity market analysis.

S&P Global Ratings provides independent credit ratings, research and data used by fixed income investors and capital market participants to evaluate issuer and transaction risk.