S&P Global Inc. $SPGI is Spear Holdings RSC Ltd’s 6th Largest Position

Spear Holdings RSC Ltd boosted its holdings in shares of S&P Global Inc. (NYSE:SPGI) by 18.6% during the 1st quarter, Holdings Channel reports. The fund owned 175,576 shares of the business services provider’s stock after buying an additional 27,590 shares during the period. S&P Global comprises about 7.4% of Spear Holdings RSC Ltd’s portfolio, making the stock its 6th largest position. Spear Holdings RSC Ltd’s holdings in S&P Global were worth $74,679,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Joseph Group Capital Management purchased a new stake in shares of S&P Global in the 4th quarter worth approximately $29,000. North Star Investment Management Corp. boosted its stake in shares of S&P Global by 134.6% during the fourth quarter. North Star Investment Management Corp. now owns 61 shares of the business services provider’s stock valued at $32,000 after purchasing an additional 35 shares in the last quarter. Palladiem LLC purchased a new position in S&P Global during the fourth quarter valued at approximately $36,000. Palisade Asset Management LLC purchased a new position in S&P Global during the third quarter valued at approximately $36,000. Finally, Swiss RE Ltd. bought a new position in S&P Global in the fourth quarter worth approximately $39,000. Hedge funds and other institutional investors own 87.17% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have weighed in on SPGI shares. Mizuho upped their target price on S&P Global from $551.00 to $554.00 and gave the stock an “outperform” rating in a report on Tuesday, May 5th. Wall Street Zen raised S&P Global to a “hold” rating in a research report on Saturday, July 4th. Weiss Ratings reissued a “hold (c)” rating on shares of S&P Global in a research report on Monday, July 6th. BMO Capital Markets upped their price objective on S&P Global from $495.00 to $505.00 and gave the stock an “outperform” rating in a research note on Tuesday, July 7th. Finally, Morgan Stanley dropped their price objective on S&P Global from $557.00 to $525.00 and set an “overweight” rating on the stock in a research report on Tuesday, July 7th. Eighteen investment analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, S&P Global currently has an average rating of “Moderate Buy” and an average target price of $533.59.

S&P Global Trading Down 2.1%

NYSE:SPGI opened at $420.14 on Friday. S&P Global Inc. has a 52 week low of $381.61 and a 52 week high of $579.05. The firm has a 50 day moving average of $422.80 and a 200 day moving average of $442.22. The company has a quick ratio of 0.68, a current ratio of 0.68 and a debt-to-equity ratio of 0.34. The stock has a market capitalization of $124.36 billion, a price-to-earnings ratio of 26.59, a PEG ratio of 2.18 and a beta of 1.08.

S&P Global (NYSE:SPGI) last announced its earnings results on Tuesday, April 28th. The business services provider reported $4.97 earnings per share for the quarter, beating the consensus estimate of $4.82 by $0.15. S&P Global had a net margin of 30.37% and a return on equity of 17.26%. The company had revenue of $4.17 billion during the quarter, compared to the consensus estimate of $4.08 billion. During the same period last year, the firm earned $4.37 earnings per share. S&P Global’s revenue was up 10.4% compared to the same quarter last year. S&P Global has set its FY 2026 guidance at 19.400-19.650 EPS. As a group, sell-side analysts anticipate that S&P Global Inc. will post 18.37 earnings per share for the current fiscal year.

S&P Global Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 10th. Stockholders of record on Wednesday, August 26th will be given a $0.97 dividend. The ex-dividend date of this dividend is Wednesday, August 26th. This represents a $3.88 dividend on an annualized basis and a dividend yield of 0.9%. S&P Global’s dividend payout ratio (DPR) is presently 24.56%.

S&P Global News Roundup

Here are the key news stories impacting S&P Global this week:

• Positive Sentiment: S&P Global Market Intelligence launched a new AI-powered workflow capability for Capital IQ Pro with Farsight, a move that could strengthen its product offering and support client retention. S&P Global Market Intelligence Partners with Farsight to Launch AI-powered Financial Workflow Capability for Capital IQ Pro
• Positive Sentiment: Robert W. Baird raised its price target on SPGI to $521, signaling continued optimism from Wall Street. Robert W. Baird Increases S&P Global (NYSE:SPGI) Price Target to $521.00
• Positive Sentiment: JPMorgan also projected strong price appreciation for S&P Global, adding to the bullish analyst backdrop. JPMorgan Chase & Co. Forecasts Strong Price Appreciation for S&P Global (NYSE:SPGI) Stock
• Neutral Sentiment: Analysts expect Q2 strength in ratings, indices, and market intelligence, but also see total revenue potentially declining, making the upcoming earnings release a mixed setup. S&P Global Gears Up to Report Q2 Earnings: What’s in Store?
• Neutral Sentiment: Coverage ahead of the report focuses on key operating metrics rather than headline estimates, suggesting investors are watching for details on segment performance and margins. S&P Global (SPGI) Q2 Earnings on the Horizon: Analysts’ Insights on Key Performance Measures
• Neutral Sentiment: Erste Group lifted its FY2027 EPS estimate above consensus, which supports a favorable longer-term earnings outlook. Erste Group Bank FY2027 EPS Estimates for S&P Global
• Negative Sentiment: Zacks Research downgraded SPGI from hold to strong sell, adding to near-term caution around the stock. S&P Global was downgraded by Zacks Research from hold to strong sell
• Negative Sentiment: The market also reacted to concerns that SPGI could be trading above fair value following its $1 billion note exchange, which may weigh on sentiment. S&P Global (SPGI) Could Be 14% Above Fair Value After Its $1b Note Exchange

Insider Transactions at S&P Global

In other S&P Global news, Director Robert Edward Jr. Moritz bought 1,152 shares of the company’s stock in a transaction that occurred on Thursday, April 30th. The shares were purchased at an average cost of $434.03 per share, for a total transaction of $500,002.56. Following the purchase, the director directly owned 1,152 shares in the company, valued at $500,002.56. This represents a ∞ increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CEO Catherine R. Clay bought 2,500 shares of S&P Global stock in a transaction that occurred on Friday, May 1st. The shares were acquired at an average cost of $431.39 per share, for a total transaction of $1,078,475.00. Following the completion of the transaction, the chief executive officer directly owned 2,500 shares in the company, valued at $1,078,475. This represents a ∞ increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Insiders acquired 5,974 shares of company stock valued at $2,576,775 in the last quarter. 0.03% of the stock is currently owned by corporate insiders.

S&P Global Company 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.