Capital International Inc. CA Reduces Position in S&P Global Inc. $SPGI

Capital International Inc. CA reduced its stake in shares of S&P Global Inc. (NYSE:SPGI) by 1.9% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 63,373 shares of the business services provider’s stock after selling 1,196 shares during the period. Capital International Inc. CA’s holdings in S&P Global were worth $30,844,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Legal & General Group Plc raised its stake in shares of S&P Global by 3.2% in the third quarter. Legal & General Group Plc now owns 2,202,872 shares of the business services provider’s stock worth $1,072,160,000 after purchasing an additional 67,868 shares during the last quarter. Fieldview Capital Management LLC purchased a new position in shares of S&P Global during the third quarter worth $2,142,000. LGT Fund Management Co Ltd. lifted its position in S&P Global by 3.7% during the third quarter. LGT Fund Management Co Ltd. now owns 38,942 shares of the business services provider’s stock valued at $18,757,000 after purchasing an additional 1,389 shares during the period. LGT Group Foundation boosted its holdings in S&P Global by 25.9% in the third quarter. LGT Group Foundation now owns 223,776 shares of the business services provider’s stock valued at $107,786,000 after purchasing an additional 46,104 shares during the last quarter. Finally, Schroder Investment Management Group raised its stake in shares of S&P Global by 2.5% during the 3rd quarter. Schroder Investment Management Group now owns 292,928 shares of the business services provider’s stock valued at $143,927,000 after buying an additional 7,063 shares during the last quarter. Hedge funds and other institutional investors own 87.17% of the company’s stock.

S&P Global Stock Down 1.5%

SPGI stock opened at $445.69 on Tuesday. S&P Global Inc. has a one year low of $381.61 and a one year high of $579.05. The firm has a market cap of $133.17 billion, a PE ratio of 30.42, a PEG ratio of 2.00 and a beta of 1.23. The firm’s 50 day moving average price is $481.89 and its 200-day moving average price is $496.84. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.82 and a current ratio of 0.82.

S&P Global (NYSE:SPGI) last posted its earnings results on Tuesday, February 10th. The business services provider reported $4.30 earnings per share (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 analyst estimates of $3.89 billion. During the same period last year, the business earned $3.77 EPS. S&P Global’s revenue 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. On average, equities research analysts anticipate that S&P Global Inc. will post 17.11 EPS for the current year.

S&P Global Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, March 11th. Shareholders of record on Wednesday, February 25th will be paid a dividend of $0.97 per share. This represents a $3.88 annualized dividend and a yield of 0.9%. This is a boost from S&P Global’s previous quarterly dividend of $0.96. The ex-dividend date of this dividend is Wednesday, February 25th. S&P Global’s payout ratio is 26.48%.

Analyst Ratings Changes

SPGI has been the topic of several analyst reports. Morgan Stanley raised their target price on S&P Global from $620.00 to $627.00 and gave the stock an “overweight” rating in a report on Tuesday, January 13th. BMO Capital Markets lowered their price objective on 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. The Goldman Sachs Group set a $498.00 price target on shares of S&P Global in a research report on Wednesday, February 11th. Royal Bank Of Canada decreased their price objective on shares of S&P Global from $620.00 to $560.00 and set an “outperform” rating for the company in a research report on Wednesday, February 11th. Finally, Stifel Nicolaus dropped their target price on S&P Global from $599.00 to $489.00 and set a “buy” rating on the stock in a research 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. According to data from MarketBeat, the company has a consensus rating of “Buy” and an average price target of $562.67.

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.