PensionDanmark Pensionsforsikringsaktieselskab Acquires 5,693 Shares of S&P Global Inc. $SPGI

PensionDanmark Pensionsforsikringsaktieselskab lifted its stake in S&P Global Inc. (NYSE:SPGI) by 10.4% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 60,197 shares of the business services provider’s stock after acquiring an additional 5,693 shares during the quarter. PensionDanmark Pensionsforsikringsaktieselskab’s holdings in S&P Global were worth $24,516,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently made changes to their positions in SPGI. Joseph Group Capital Management purchased a new position in shares of S&P Global in the 4th quarter worth $29,000. North Star Investment Management Corp. grew its holdings in shares of S&P Global by 134.6% in the fourth quarter. North Star Investment Management Corp. now owns 61 shares of the business services provider’s stock worth $32,000 after acquiring an additional 35 shares during the period. Palisade Asset Management LLC purchased a new stake in S&P Global during the third quarter valued at $36,000. Palladiem LLC bought a new position in S&P Global in the fourth quarter valued at about $36,000. Finally, Swiss RE Ltd. bought a new position in S&P Global in the fourth quarter valued at about $39,000. 87.17% of the stock is owned by hedge funds and other institutional investors.

S&P Global Stock Performance

Shares of NYSE SPGI opened at $405.14 on Friday. The company has a debt-to-equity ratio of 0.40, a current ratio of 0.95 and a quick ratio of 0.95. S&P Global Inc. has a 1 year low of $381.61 and a 1 year high of $579.05. The firm has a fifty day moving average price of $423.53 and a 200-day moving average price of $433.51. The stock has a market cap of $119.44 billion, a PE ratio of 24.73, a price-to-earnings-growth ratio of 1.85 and a beta of 1.07.

S&P Global (NYSE:SPGI) last issued its earnings results on Tuesday, July 28th. The business services provider reported $4.83 earnings per share for the quarter, topping the consensus estimate of $4.81 by $0.02. The company had revenue of $4.15 billion during the quarter, compared to the consensus estimate of $4.09 billion. S&P Global had a net margin of 31.37% and a return on equity of 17.74%. S&P Global’s quarterly revenue was up 10.4% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $4.43 EPS. S&P Global has set its FY 2026 guidance at 17.500-17.750 EPS. Equities analysts anticipate that S&P Global Inc. will post 17.74 earnings per share for the current fiscal year.

S&P Global Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 10th. Investors of record on Wednesday, August 26th will be given a dividend of $0.97 per share. The ex-dividend date is Wednesday, August 26th. This represents a $3.88 annualized dividend and a dividend yield of 1.0%. S&P Global’s dividend payout ratio (DPR) is currently 23.69%.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on SPGI shares. Morgan Stanley decreased 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 reduced their price objective 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. Evercore decreased their target price on S&P Global from $625.00 to $560.00 and set an “outperform” rating on the stock in a report on Thursday, April 16th. Mizuho lifted their target price on S&P Global from $551.00 to $554.00 and gave the company an “outperform” rating in a research report on Tuesday, May 5th. Finally, Daiwa Securities Group reduced their price target on S&P Global from $490.00 to $485.00 and set an “outperform” rating for the company in a research report on Wednesday, May 20th. Eighteen equities research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $523.59.

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.