S&P Global Inc. $SPGI Position Boosted by Nan Shan Life Insurance Co. Ltd.

Nan Shan Life Insurance Co. Ltd. raised its holdings in shares of S&P Global Inc. (NYSE:SPGI) by 125.5% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 107,475 shares of the business services provider’s stock after acquiring an additional 59,811 shares during the period. S&P Global makes up 1.4% of Nan Shan Life Insurance Co. Ltd.’s holdings, making the stock its 27th largest position. Nan Shan Life Insurance Co. Ltd.’s holdings in S&P Global were worth $43,770,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Palladiem LLC acquired a new position in shares of S&P Global during the 4th quarter valued at $36,000. Pingora Partners LLC bought a new position in shares of S&P Global in the second quarter valued at $29,000. Palisade Asset Management LLC acquired a new position in shares of S&P Global in the 3rd quarter worth $36,000. Swiss RE Ltd. acquired a new position in shares of S&P Global in the 4th quarter valued at $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 currently owned by institutional investors.

Trending Headlines about S&P Global

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. S&P Global Inc. has a twelve month low of $381.61 and a twelve month high of $552.25. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.95 and a current ratio of 0.95. The business has a 50 day moving average price of $425.94 and a 200 day moving average price of $424.74. The firm has a market cap of $129.76 billion, a P/E ratio of 26.87, a price-to-earnings-growth ratio of 1.96 and a beta of 1.07.

S&P Global (NYSE:SPGI) last announced its earnings results on Tuesday, July 28th. The business services provider reported $4.83 EPS for the quarter, topping the consensus estimate of $4.81 by $0.02. S&P Global had a net margin of 31.37% and a return on equity of 17.74%. The firm had revenue of $4.15 billion for the quarter, compared to the consensus estimate of $4.09 billion. During the same quarter last year, the firm posted $4.43 EPS. The business’s quarterly revenue was up 10.4% on a year-over-year basis. S&P Global has set its FY 2026 guidance at 17.500-17.750 EPS. Research analysts forecast that S&P Global Inc. will post 17.75 EPS for the current year.

S&P Global Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 10th. Stockholders of record on Wednesday, August 26th will be issued 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 0.9%. S&P Global’s payout ratio is presently 23.69%.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on SPGI shares. Citigroup boosted their target price on shares of S&P Global from $454.00 to $500.00 and gave the company a “buy” rating in a research note on Wednesday, July 29th. Zacks Research lowered shares of S&P Global from a “hold” rating to a “strong sell” rating in a research report on Monday, July 20th. Wall Street Zen upgraded shares of S&P Global to a “hold” rating in a research note on Saturday, July 4th. The Goldman Sachs Group lowered their price target on shares of S&P Global from $539.00 to $490.00 and set a “buy” rating on the stock in a report on Wednesday, July 1st. Finally, Stifel Nicolaus boosted their target price on S&P Global from $489.00 to $521.00 and gave the company a “buy” rating in a research note on Friday, July 17th. Eighteen 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’s stock. According to data from MarketBeat.com, S&P Global currently has an average rating of “Moderate Buy” and a consensus target price of $523.59.

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.