Temasek Holdings Private Ltd Boosts Stock Holdings in S&P Global Inc. $SPGI

Temasek Holdings Private Ltd boosted its position in S&P Global Inc. (NYSE:SPGI) by 14.2% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 958,192 shares of the business services provider’s stock after buying an additional 118,788 shares during the quarter. S&P Global makes up about 1.6% of Temasek Holdings Private Ltd’s holdings, making the stock its 16th largest position. Temasek Holdings Private Ltd owned about 0.32% of S&P Global worth $466,362,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. MTM Investment Management LLC bought a new stake in S&P Global in the 2nd quarter valued at about $27,000. J.Safra Asset Management Corp purchased a new stake in S&P Global during the third quarter valued at about $29,000. Howard Hughes Medical Institute bought a new position in S&P Global during the second quarter worth about $36,000. First Pacific Financial increased its stake in shares of S&P Global by 51.0% in the third quarter. First Pacific Financial now owns 74 shares of the business services provider’s stock worth $36,000 after purchasing an additional 25 shares in the last quarter. Finally, Ameriflex Group Inc. increased its stake in shares of S&P Global by 171.4% in the third quarter. Ameriflex Group Inc. now owns 76 shares of the business services provider’s stock worth $37,000 after purchasing an additional 48 shares in the last quarter. 87.17% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of brokerages recently commented on SPGI. Barclays restated an “overweight” rating and set a $565.00 price target on shares of S&P Global in a research note on Monday, February 23rd. The Goldman Sachs Group set a $498.00 price objective on shares of S&P Global in a research note on Wednesday, February 11th. BMO Capital Markets lowered their target price on shares of S&P Global from $601.00 to $482.00 and set an “outperform” rating on the stock in a report on Wednesday, February 11th. Wells Fargo & Company dropped their target price on S&P Global from $675.00 to $530.00 and set an “overweight” rating on the stock in a research report on Wednesday, February 11th. Finally, UBS Group cut their price target on S&P Global from $620.00 to $550.00 and set a “buy” rating for the company in a report on Tuesday, February 17th. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, the company currently has an average rating of “Buy” and an average price target of $562.67.

S&P Global Price Performance

Shares of NYSE:SPGI opened at $422.42 on Friday. The company’s fifty day moving average price is $474.31 and its 200-day moving average price is $494.10. The company has a debt-to-equity ratio of 0.40, a current ratio of 0.82 and a quick ratio of 0.82. The firm has a market capitalization of $126.22 billion, a price-to-earnings ratio of 28.83, a PEG ratio of 1.86 and a beta of 1.23. S&P Global Inc. has a one year low of $381.61 and a one year high of $579.05.

S&P Global (NYSE:SPGI) last posted its quarterly earnings data on Tuesday, February 10th. The business services provider reported $4.30 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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 company 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 firm posted $3.77 earnings per share. The business’s revenue was up 9.0% on a year-over-year basis. 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 earnings per share for the current fiscal year.

S&P Global Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, March 11th. Stockholders of record on Wednesday, February 25th were issued a $0.97 dividend. This represents a $3.88 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date was Wednesday, February 25th. This is an increase from S&P Global’s previous quarterly dividend of $0.96. S&P Global’s dividend payout ratio (DPR) is currently 26.48%.

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.