Danica Pension Livsforsikringsaktieselskab Has $27.36 Million Stock Position in S&P Global Inc. $SPGI

Danica Pension Livsforsikringsaktieselskab lessened its position in S&P Global Inc. (NYSE:SPGI) by 54.7% in the first quarter, according to its most recent disclosure with the SEC. The firm owned 64,325 shares of the business services provider’s stock after selling 77,596 shares during the period. Danica Pension Livsforsikringsaktieselskab’s holdings in S&P Global were worth $27,360,000 as of its most recent filing with the SEC.

Other institutional investors also recently modified their holdings of the company. ABN Amro Investment Solutions lifted its holdings in shares of S&P Global by 39.8% in the 1st quarter. ABN Amro Investment Solutions now owns 211,509 shares of the business services provider’s stock worth $89,963,000 after purchasing an additional 60,225 shares in the last quarter. Triad Investment Management increased its stake in S&P Global by 552.1% during the 1st quarter. Triad Investment Management now owns 3,632 shares of the business services provider’s stock valued at $1,545,000 after purchasing an additional 3,075 shares in the last quarter. PNC Financial Services Group Inc. increased its stake in S&P Global by 0.9% during the 1st quarter. PNC Financial Services Group Inc. now owns 665,211 shares of the business services provider’s stock valued at $282,941,000 after purchasing an additional 6,196 shares in the last quarter. Oslo Pensjonsforsikring AS bought a new stake in S&P Global during the 1st quarter valued at $336,000. Finally, Andra AP fonden raised its holdings in S&P Global by 166.0% during the first quarter. Andra AP fonden now owns 41,514 shares of the business services provider’s stock worth $17,658,000 after buying an additional 25,910 shares during the last quarter. 87.17% of the stock is owned by institutional investors and hedge funds.

Key Headlines Impacting S&P Global

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

• Positive Sentiment: Robert W. Baird raised its price target on S&P Global (SPGI) to $521 and kept an outperform rating, suggesting meaningful upside from current levels. Benzinga
• Positive Sentiment: JPMorgan also lifted its price target on SPGI to $555 and maintained an overweight rating, reinforcing a bullish analyst view. Benzinga
• Positive Sentiment: S&P Dow Jones Indices and Pantera Capital launched the S&P Pantera Digital Asset Index, a rules-based benchmark for institutional digital-asset investing that could strengthen S&P Global’s index business and credibility in crypto-related products. PR Newswire
• Neutral Sentiment: Recent commentary notes S&P Global’s upcoming earnings report is expected to show growth, but one preview said the company may not have the ideal setup for an earnings beat, keeping expectations mixed. Zacks
• Neutral Sentiment: Erste Group Bank reportedly cut FY2027 EPS estimates for SPGI, which adds some caution around longer-term earnings expectations. American Banking News
• Neutral Sentiment: Online value-investor chatter has been positive on SPGI, comparing it favorably with other high-profile names, but this is more sentiment than a fundamental catalyst. Insider Monkey

S&P Global Price Performance

SPGI opened at $430.69 on Wednesday. The company has a debt-to-equity ratio of 0.34, a current ratio of 0.68 and a quick ratio of 0.68. The company has a market capitalization of $127.48 billion, a price-to-earnings ratio of 27.26, a P/E/G ratio of 2.15 and a beta of 1.08. The firm’s fifty day moving average price is $422.04 and its two-hundred day moving average price is $443.53. S&P Global Inc. has a 1 year low of $381.61 and a 1 year high of $579.05.

S&P Global (NYSE:SPGI) last posted its earnings results on Tuesday, April 28th. The business services provider reported $4.97 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.82 by $0.15. The firm had revenue of $4.17 billion during the quarter, compared to analyst estimates of $4.08 billion. S&P Global had a net margin of 30.37% and a return on equity of 17.26%. The business’s revenue was up 10.4% compared to the same quarter last year. During the same quarter in the prior year, the business posted $4.37 EPS. S&P Global has set its FY 2026 guidance at 19.400-19.650 EPS. As a group, analysts anticipate that S&P Global Inc. will post 19.47 earnings per share for the current fiscal year.

S&P Global Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 10th. Shareholders of record on Wednesday, August 26th will be given a $0.97 dividend. This represents a $3.88 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date of this dividend is Wednesday, August 26th. S&P Global’s dividend payout ratio is presently 24.56%.

Insiders Place Their Bets

In other S&P Global news, Director Robert Edward Jr. Moritz bought 1,152 shares of the business’s stock in a transaction dated Thursday, April 30th. The shares were purchased at an average price of $434.03 per share, for a total transaction of $500,002.56. Following the purchase, the director directly owned 1,152 shares of the company’s stock, valued at approximately $500,002.56. This represents a ∞ increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Catherine R. Clay bought 2,500 shares of S&P Global stock in a transaction dated Friday, May 1st. The stock was acquired at an average cost of $431.39 per share, with a total value of $1,078,475.00. Following the completion of the acquisition, the chief executive officer owned 2,500 shares of the company’s stock, valued at $1,078,475. This represents a ∞ increase in their ownership of the stock. The SEC filing for this purchase provides additional information. In the last ninety days, insiders bought 5,974 shares of company stock valued at $2,576,775. Corporate insiders own 0.03% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on SPGI. Wells Fargo & Company reduced their price objective on shares of S&P Global from $530.00 to $525.00 and set an “overweight” rating for the company in a report on Monday, April 13th. Evercore lowered their target price on shares of S&P Global from $625.00 to $560.00 and set an “outperform” rating on the stock in a report on Thursday, April 16th. Morgan Stanley dropped their price target on shares of S&P Global from $557.00 to $525.00 and set an “overweight” rating on the stock in a research report on Tuesday, July 7th. Bank of America cut their price target on S&P Global from $575.00 to $550.00 and set a “buy” rating for the company in a research note on Friday, July 10th. Finally, Robert W. Baird boosted their price objective on S&P Global from $520.00 to $521.00 and gave the stock an “outperform” rating in a report on Tuesday. Eighteen equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $533.59.

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.