13,713 Shares in S&P Global Inc. $SPGI Bought by Magnetar Financial LLC

Magnetar Financial LLC acquired a new stake in shares of S&P Global Inc. (NYSE:SPGI) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 13,713 shares of the business services provider’s stock, valued at approximately $6,674,000.

A number of other institutional investors also recently bought and sold shares of the company. Brighton Jones LLC grew its stake in shares of S&P Global by 4.7% during the 4th quarter. Brighton Jones LLC now owns 3,176 shares of the business services provider’s stock valued at $1,582,000 after purchasing an additional 143 shares during the period. Sivia Capital Partners LLC lifted its stake in shares of S&P Global by 7.8% in the 2nd quarter. Sivia Capital Partners LLC now owns 1,038 shares of the business services provider’s stock worth $547,000 after purchasing an additional 75 shares during the period. Penserra Capital Management LLC lifted its stake in shares of S&P Global by 17.1% in the 2nd quarter. Penserra Capital Management LLC now owns 3,800 shares of the business services provider’s stock worth $2,003,000 after purchasing an additional 555 shares during the period. Acadian Asset Management LLC boosted its holdings in shares of S&P Global by 37.7% in the second quarter. Acadian Asset Management LLC now owns 18,253 shares of the business services provider’s stock worth $9,622,000 after buying an additional 4,995 shares during the last quarter. Finally, Fidelis Capital Partners LLC grew its position in S&P Global by 4.2% during the second quarter. Fidelis Capital Partners LLC now owns 1,874 shares of the business services provider’s stock valued at $1,054,000 after buying an additional 75 shares during the period. Institutional investors own 87.17% of the company’s stock.

S&P Global Trading Down 2.2%

Shares of S&P Global stock opened at $435.28 on Wednesday. S&P Global Inc. has a fifty-two week low of $381.61 and a fifty-two week high of $579.05. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.82 and a current ratio of 0.82. The company has a market capitalization of $130.06 billion, a P/E ratio of 29.71, a P/E/G ratio of 1.97 and a beta of 1.23. The company has a fifty day moving average of $480.05 and a 200 day moving average of $495.99.

S&P Global (NYSE:SPGI) last posted its quarterly earnings results on Tuesday, February 10th. The business services provider reported $4.30 EPS for the quarter, missing analysts’ consensus estimates of $4.32 by ($0.02). S&P Global had a net margin of 29.16% and a return on equity of 16.56%. The business had revenue of $3.92 billion for the quarter, compared to the consensus estimate of $3.89 billion. During the same period in the prior year, the business earned $3.77 earnings per share. 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, sell-side analysts anticipate that S&P Global Inc. will post 17.11 earnings per share for the current fiscal year.

S&P Global Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, March 11th. Investors of record on Wednesday, February 25th will be paid a dividend of $0.97 per share. 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. This represents a $3.88 annualized dividend and a yield of 0.9%. S&P Global’s dividend payout ratio is 26.48%.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on the stock. Weiss Ratings reiterated a “buy (b-)” rating on shares of S&P Global in a research note on Monday, December 29th. UBS Group reduced their price target on S&P Global from $620.00 to $550.00 and set a “buy” rating for the company in a research report on Tuesday, February 17th. Evercore set a $625.00 price objective on S&P Global and gave the company an “outperform” rating in a research report on Wednesday, February 11th. Barclays reiterated an “overweight” rating and set a $565.00 price objective on shares of S&P Global in a research note on Monday, February 23rd. Finally, Morgan Stanley increased their target price on shares of S&P Global from $620.00 to $627.00 and gave the stock an “overweight” rating in a report on Tuesday, January 13th. One analyst has rated the stock with a Strong Buy rating and seventeen have assigned a Buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Buy” and an average price target of $562.67.

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.