PYA Waltman Capital LLC Acquires 3,203 Shares of S&P Global Inc. $SPGI

PYA Waltman Capital LLC grew its holdings in S&P Global Inc. (NYSE:SPGI) by 10.7% in the second quarter, Holdings Channel.com reports. The institutional investor owned 33,172 shares of the business services provider’s stock after acquiring an additional 3,203 shares during the quarter. S&P Global comprises 3.3% of PYA Waltman Capital LLC’s investment portfolio, making the stock its 9th largest holding. PYA Waltman Capital LLC’s holdings in S&P Global were worth $13,510,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in SPGI. Natural Investments LLC grew its holdings in shares of S&P Global by 5.3% during the second quarter. Natural Investments LLC now owns 1,259 shares of the business services provider’s stock worth $512,000 after buying an additional 63 shares during the last quarter. XML Financial LLC raised its stake in S&P Global by 76.0% during the 2nd quarter. XML Financial LLC now owns 1,658 shares of the business services provider’s stock valued at $675,000 after acquiring an additional 716 shares during the last quarter. Nan Shan Life Insurance Co. Ltd. raised its stake in S&P Global by 125.5% during the 2nd quarter. Nan Shan Life Insurance Co. Ltd. now owns 107,475 shares of the business services provider’s stock valued at $43,770,000 after acquiring an additional 59,811 shares during the last quarter. Proficio Capital Partners LLC acquired a new stake in S&P Global during the 2nd quarter worth approximately $667,000. Finally, Nwam LLC lifted its position in S&P Global by 18.8% during the 2nd quarter. Nwam LLC now owns 1,000 shares of the business services provider’s stock worth $407,000 after acquiring an additional 158 shares during the period. Institutional investors and hedge funds own 87.17% of the company’s stock.

Key S&P Global News

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

• Positive Sentiment: Potential Capital IQ Pro spinout: Reports that S&P Global is considering a multibillion-dollar spinout of its Capital IQ Pro platform lifted investor interest. Separating the business could unlock value and give the financial-data platform greater strategic flexibility, although the plan remains unconfirmed and could create execution risks. S&P Global reportedly considers multibillion-dollar spinout of Capital IQ platform
• Positive Sentiment: Data-center intelligence expansion: S&P Global completed its acquisition of datacenterHawk, adding proprietary data on data centers, fiber networks, power and related infrastructure. The deal gives S&P Global Energy exposure to demand driven by artificial intelligence and cloud-computing infrastructure. S&P Global Completes Acquisition of datacenterHawk
• Positive Sentiment: Portfolio reshaping: The company completed the sale of its geoscience and petroleum engineering software portfolio to Schlumberger, allowing it to exit a less central software operation and concentrate on data, benchmarks and analytics. S&P Global Completes Divestiture of Upstream Energy Software Portfolio to SLB
• Positive Sentiment: New digital-asset offering: S&P Dow Jones Indices and Kaiko launched a unified suite of S&P Kaiko Digital Asset Indices, expanding S&P Global’s index franchise into cryptocurrency market data and benchmarks. S&P Dow Jones Indices and Kaiko Introduce S&P Kaiko Digital Asset Indices

Analysts Set New Price Targets

Several research analysts have weighed in on SPGI shares. The Goldman Sachs Group lowered their target price 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. Robert W. Baird decreased their price target on S&P Global from $521.00 to $513.00 and set an “outperform” rating for the company in a report on Wednesday, July 29th. Barclays lowered their price objective on shares of S&P Global from $555.00 to $553.00 and set an “overweight” rating on the stock in a research report on Wednesday, July 29th. BMO Capital Markets boosted their price objective on shares of S&P Global from $495.00 to $505.00 and gave the company an “outperform” rating in a research note on Tuesday, July 7th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of S&P Global in a research report on Monday, July 6th. 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. According to MarketBeat, S&P Global currently has an average rating of “Moderate Buy” and a consensus target price of $523.59.

S&P Global Price Performance

Shares of SPGI opened at $440.16 on Wednesday. S&P Global Inc. has a twelve month low of $381.61 and a twelve month high of $552.25. The stock’s 50 day moving average is $425.94 and its two-hundred day moving average is $424.74. The firm has a market capitalization of $129.76 billion, a PE ratio of 26.87, a P/E/G ratio of 1.96 and a beta of 1.07. The company has a current ratio of 0.95, a quick ratio of 0.95 and a debt-to-equity ratio of 0.40.

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 the consensus estimate of $4.81 by $0.02. The company had revenue of $4.15 billion for the quarter, compared to analysts’ expectations of $4.09 billion. S&P Global had a return on equity of 17.74% and a net margin of 31.37%.The firm’s quarterly revenue was up 10.4% on a year-over-year basis. During the same quarter in the previous year, the firm posted $4.43 EPS. S&P Global has set its FY 2026 guidance at 17.500-17.750 EPS. Research analysts anticipate that S&P Global Inc. will post 17.75 earnings per share for the current year.

S&P Global Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 10th. Investors of record on Wednesday, August 26th will be paid a $0.97 dividend. The ex-dividend date 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 payout ratio is 23.69%.

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.