Compass Capital Management Inc. Lowers Stock Position in S&P Global Inc. $SPGI

Compass Capital Management Inc. cut its holdings in shares of S&P Global Inc. (NYSE:SPGI) by 4.3% during the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 121,867 shares of the business services provider’s stock after selling 5,423 shares during the period. S&P Global accounts for 3.0% of Compass Capital Management Inc.’s holdings, making the stock its 17th biggest holding. Compass Capital Management Inc.’s holdings in S&P Global were worth $49,632,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Joseph Group Capital Management purchased a new stake in S&P Global during the fourth quarter worth $29,000. North Star Investment Management Corp. boosted its position in S&P Global by 134.6% during the 4th quarter. North Star Investment Management Corp. now owns 61 shares of the business services provider’s stock valued at $32,000 after acquiring an additional 35 shares in the last quarter. Palladiem LLC purchased a new position in shares of S&P Global in the 4th quarter valued at $36,000. Palisade Asset Management LLC purchased a new position in shares of S&P Global in the 3rd quarter valued at $36,000. Finally, Swiss RE Ltd. bought a new position in shares of S&P Global in the 4th quarter worth $39,000. 87.17% of the stock is owned by hedge funds and other institutional investors.

S&P Global Stock Down 0.2%

S&P Global stock opened at $418.15 on Monday. The company has a debt-to-equity ratio of 0.40, a current ratio of 0.95 and a quick ratio of 0.95. The stock has a market capitalization of $123.27 billion, a price-to-earnings ratio of 25.53, a PEG ratio of 1.88 and a beta of 1.07. S&P Global Inc. has a 1-year low of $381.61 and a 1-year high of $565.28. The business has a fifty day moving average price of $422.53 and a 200-day moving average price of $428.39.

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

S&P Global Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, September 10th. Shareholders of record on Wednesday, August 26th will be given a dividend of $0.97 per share. This represents a $3.88 annualized dividend and a yield of 0.9%. The ex-dividend date of this dividend is Wednesday, August 26th. S&P Global’s payout ratio is currently 23.69%.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on the company. JPMorgan Chase & Co. decreased their price objective on S&P Global from $555.00 to $530.00 and set an “overweight” rating for the company in a research note on Wednesday, July 29th. Stifel Nicolaus lifted their target price on S&P Global from $489.00 to $521.00 and gave the company a “buy” rating in a research note on Friday, July 17th. Robert W. Baird reduced their target price on shares of S&P Global from $521.00 to $513.00 and set an “outperform” rating for the company in a report on Wednesday, July 29th. Morgan Stanley decreased their price target on shares of S&P Global from $557.00 to $525.00 and set an “overweight” rating for the company in a research report on Tuesday, July 7th. Finally, Royal Bank Of Canada lowered their price target on shares of S&P Global from $560.00 to $510.00 and set an “outperform” rating on the stock in a report on Tuesday, July 7th. Eighteen research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $523.59.

About S&P Global

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.