Northwestern Mutual Wealth Management Co. Has $48.01 Million Stake in S&P Global Inc. $SPGI

Northwestern Mutual Wealth Management Co. boosted its position in shares of S&P Global Inc. (NYSE:SPGI) by 3.5% during the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 117,890 shares of the business services provider’s stock after purchasing an additional 3,974 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in S&P Global were worth $48,011,000 at the end of the most recent reporting period.

Several other large investors also recently added to or reduced their stakes in the company. Palladiem LLC purchased a new position in shares of S&P Global during the fourth quarter valued at $36,000. Pingora Partners LLC acquired a new position in S&P Global during the second quarter valued at $29,000. Palisade Asset Management LLC purchased a new stake in S&P Global in the 3rd quarter worth about $36,000. Swiss RE Ltd. purchased a new stake in S&P Global in the 4th quarter worth about $39,000. Finally, Lloyd Advisory Services LLC. acquired a new stake in S&P Global during the 4th quarter worth about $44,000. 87.17% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of brokerages have recently weighed in on SPGI. Morgan Stanley dropped their target price on S&P Global from $557.00 to $525.00 and set an “overweight” rating on the stock in a report on Tuesday, July 7th. Robert W. Baird lowered their price objective on shares of S&P Global from $521.00 to $513.00 and set an “outperform” rating on the stock in a research report on Wednesday, July 29th. Barclays lowered their price objective on shares of S&P Global from $555.00 to $553.00 and set an “overweight” rating on the stock in a research report on Wednesday, July 29th. Zacks Research downgraded shares of S&P Global from a “hold” rating to a “strong sell” rating in a research report on Monday, July 20th. Finally, Bank of America cut their target price on shares of S&P Global from $575.00 to $550.00 and set a “buy” rating for the company in a research report on Friday, July 10th. Eighteen equities research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $523.59.

Key S&P Global News

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

• Positive Sentiment: Potential Capital IQ Pro spinout: Reports that S&P Global is considering a multibillion-dollar spinout of its Capital IQ Pro platform lifted investor interest. Separating the business could unlock value and give the financial-data platform greater strategic flexibility, although the plan remains unconfirmed and could create execution risks. S&P Global reportedly considers multibillion-dollar spinout of Capital IQ platform
• Positive Sentiment: Data-center intelligence expansion: S&P Global completed its acquisition of datacenterHawk, adding proprietary data on data centers, fiber networks, power and related infrastructure. The deal gives S&P Global Energy exposure to demand driven by artificial intelligence and cloud-computing infrastructure. S&P Global Completes Acquisition of datacenterHawk
• Positive Sentiment: Portfolio reshaping: The company completed the sale of its geoscience and petroleum engineering software portfolio to Schlumberger, allowing it to exit a less central software operation and concentrate on data, benchmarks and analytics. S&P Global Completes Divestiture of Upstream Energy Software Portfolio to SLB
• Positive Sentiment: New digital-asset offering: S&P Dow Jones Indices and Kaiko launched a unified suite of S&P Kaiko Digital Asset Indices, expanding S&P Global’s index franchise into cryptocurrency market data and benchmarks. S&P Dow Jones Indices and Kaiko Introduce S&P Kaiko Digital Asset Indices

S&P Global Stock Up 1.0%

SPGI opened at $440.16 on Wednesday. The company has a market capitalization of $129.76 billion, a PE ratio of 26.87, a price-to-earnings-growth ratio of 1.96 and a beta of 1.07. 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 fifty-two week low of $381.61 and a fifty-two week high of $552.25. The business has a 50-day moving average of $425.94 and a 200-day moving average of $424.74.

S&P Global (NYSE:SPGI) last announced its quarterly earnings results on Tuesday, July 28th. The business services provider reported $4.83 EPS for the quarter, beating the consensus estimate of $4.81 by $0.02. S&P Global had a return on equity of 17.74% and a net margin of 31.37%.The business had revenue of $4.15 billion during the quarter, compared to analysts’ expectations of $4.09 billion. During the same quarter in the previous year, the business posted $4.43 EPS. The firm’s quarterly revenue was up 10.4% compared to the same quarter last year. S&P Global has set its FY 2026 guidance at 17.500-17.750 EPS. Equities research analysts forecast that S&P Global Inc. will post 17.75 EPS 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. Shareholders of record on Wednesday, August 26th will be given a $0.97 dividend. This represents a $3.88 annualized dividend and a yield of 0.9%. The ex-dividend date of this dividend is Wednesday, August 26th. S&P Global’s payout ratio is currently 23.69%.

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.