S&P Global Inc. $SPGI Stock Holdings Lessened by Strategic Wealth Partners Ltd.

Strategic Wealth Partners Ltd. lessened its stake in shares of S&P Global Inc. (NYSE:SPGI) by 89.9% in the second quarter, according to its most recent filing with the SEC. The fund owned 390 shares of the business services provider’s stock after selling 3,454 shares during the period. Strategic Wealth Partners Ltd.’s holdings in S&P Global were worth $159,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Norges Bank acquired a new position in shares of S&P Global in the 4th quarter worth $2,398,991,000. EdgePoint Investment Group Inc. purchased a new stake in shares of S&P Global during the first quarter valued at $702,911,000. Cardano Risk Management B.V. lifted its holdings in shares of S&P Global by 858.3% during the fourth quarter. Cardano Risk Management B.V. now owns 1,760,230 shares of the business services provider’s stock valued at $919,879,000 after purchasing an additional 1,576,544 shares during the last quarter. T. Rowe Price Investment Management Inc. lifted its holdings in shares of S&P Global by 2,256.7% during the fourth quarter. T. Rowe Price Investment Management Inc. now owns 1,446,633 shares of the business services provider’s stock valued at $755,996,000 after purchasing an additional 1,385,249 shares during the last quarter. Finally, Soroban Capital Partners LP boosted its position in shares of S&P Global by 260.3% in the 1st quarter. Soroban Capital Partners LP now owns 1,688,643 shares of the business services provider’s stock valued at $718,247,000 after purchasing an additional 1,219,990 shares during the period. 87.17% of the stock is owned by institutional investors.

S&P Global Stock Performance

Shares of SPGI opened at $431.10 on Friday. The company has a market capitalization of $127.09 billion, a PE ratio of 26.32, a PEG ratio of 1.94 and a beta of 1.07. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.95 and a current ratio of 0.95. The company’s 50 day moving average price is $422.87 and its 200 day moving average price is $425.46. S&P Global Inc. has a 52 week low of $381.61 and a 52 week high of $559.44.

S&P Global (NYSE:SPGI) last released its earnings results on Tuesday, July 28th. The business services provider reported $4.83 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.81 by $0.02. S&P Global had a net margin of 31.37% and a return on equity of 17.74%. The company had revenue of $4.15 billion during the quarter, compared to the consensus estimate of $4.09 billion. During the same quarter in the prior year, the firm earned $4.43 EPS. The company’s revenue was up 10.4% compared to the same quarter last year. S&P Global has set its FY 2026 guidance at 17.500-17.750 EPS. Research analysts expect that S&P Global Inc. will post 17.75 EPS for the current fiscal year.

S&P Global Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 10th. Investors of record on Wednesday, August 26th will be given a dividend of $0.97 per share. The ex-dividend date of this dividend is Wednesday, August 26th. This represents a $3.88 dividend on an annualized basis and a yield of 0.9%. S&P Global’s dividend payout ratio (DPR) is presently 23.69%.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on SPGI shares. The Goldman Sachs Group dropped their price target on S&P Global from $539.00 to $490.00 and set a “buy” rating on the stock in a research note on Wednesday, July 1st. Wall Street Zen raised shares of S&P Global to a “hold” rating in a research note on Saturday, July 4th. Robert W. Baird reduced their price target on shares of S&P Global from $521.00 to $513.00 and set an “outperform” rating for the company in a research report on Wednesday, July 29th. Citigroup raised their price objective on shares of S&P Global from $454.00 to $500.00 and gave the stock a “buy” rating in a research note on Wednesday, July 29th. Finally, Mizuho increased their target price on S&P Global from $551.00 to $554.00 and gave the company an “outperform” rating in a report on Tuesday, May 5th. Eighteen equities research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $523.59.

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.