6,989 Shares in S&P Global Inc. $SPGI Purchased by V Square Quantitative Management LLC

V Square Quantitative Management LLC bought a new stake in shares of S&P Global Inc. (NYSE:SPGI) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 6,989 shares of the business services provider’s stock, valued at approximately $3,652,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in SPGI. Vanguard Group Inc. boosted its stake in S&P Global by 0.5% in the 3rd quarter. Vanguard Group Inc. now owns 30,256,638 shares of the business services provider’s stock worth $14,726,208,000 after purchasing an additional 161,719 shares in the last quarter. Wellington Management Group LLP increased its stake in S&P Global by 4.6% during the 3rd quarter. Wellington Management Group LLP now owns 6,231,644 shares of the business services provider’s stock valued at $3,033,003,000 after purchasing an additional 274,285 shares in the last quarter. Legal & General Group Plc raised its holdings in 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 buying an additional 67,868 shares during the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. lifted its stake in shares of S&P Global by 7.1% in the third quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 1,965,082 shares of the business services provider’s stock worth $956,425,000 after buying an additional 130,177 shares in the last quarter. Finally, Unisphere Establishment grew its holdings in shares of S&P Global by 5.9% during the second quarter. Unisphere Establishment now owns 1,800,000 shares of the business services provider’s stock valued at $949,122,000 after buying an additional 100,000 shares during the last quarter. Hedge funds and other institutional investors own 87.17% of the company’s stock.

S&P Global Trading Up 1.6%

Shares of NYSE:SPGI opened at $436.87 on Thursday. The stock has a market capitalization of $132.57 billion, a price-to-earnings ratio of 29.82, a PEG ratio of 1.91 and a beta of 1.20. 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 stock’s 50-day simple moving average is $433.47 and its two-hundred day simple moving average is $479.07. S&P Global Inc. has a 52-week low of $381.61 and a 52-week high of $579.05.

S&P Global (NYSE:SPGI) last released its quarterly earnings results on Tuesday, February 10th. The business services provider reported $4.30 EPS for the quarter, missing the consensus estimate of $4.32 by ($0.02). The business had revenue of $3.92 billion for the quarter, compared to analysts’ expectations of $3.89 billion. S&P Global had a net margin of 29.16% and a return on equity of 16.56%. S&P Global’s revenue for the quarter was up 9.0% compared to the same quarter last year. During the same period in the previous year, the company earned $3.77 EPS. S&P Global has set its FY 2026 guidance at 19.400-19.650 EPS. Analysts expect 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 was paid on Wednesday, March 11th. Investors of record on Wednesday, February 25th were given 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 was Wednesday, February 25th. S&P Global’s dividend payout ratio (DPR) is presently 26.48%.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on SPGI shares. BMO Capital Markets boosted their price objective on shares of S&P Global from $482.00 to $495.00 and gave the stock an “outperform” rating in a report on Tuesday, March 17th. UBS Group decreased their price target on S&P Global from $620.00 to $550.00 and set a “buy” rating for the company in a research note on Tuesday, February 17th. Wells Fargo & Company dropped their price objective 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. Evercore set a $625.00 target price on shares of S&P Global and gave the company an “outperform” rating in a research note on Wednesday, February 11th. Finally, Morgan Stanley decreased their price objective on shares of S&P Global from $580.00 to $556.00 and set an “overweight” rating for the company in a report on Tuesday. One investment analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Buy” and an average target price of $558.80.

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.