S&P Global Inc. $SPGI Stock Holdings Raised by KBC Group NV

KBC Group NV grew its stake in S&P Global Inc. (NYSE:SPGI) by 1.0% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 214,753 shares of the business services provider’s stock after purchasing an additional 2,190 shares during the quarter. KBC Group NV owned approximately 0.07% of S&P Global worth $112,227,000 as of its most recent filing with the SEC.

Several other large investors have also modified their holdings of SPGI. Mizuho Markets Americas LLC increased its holdings in S&P Global by 104,031.3% in the third quarter. Mizuho Markets Americas LLC now owns 595,631 shares of the business services provider’s stock valued at $289,900,000 after buying an additional 595,059 shares during the last quarter. Credit Agricole S A bought a new position in S&P Global during the 3rd quarter worth approximately $180,503,000. Holocene Advisors LP lifted its holdings in S&P Global by 79.8% during the 3rd quarter. Holocene Advisors LP now owns 766,043 shares of the business services provider’s stock worth $372,841,000 after buying an additional 339,947 shares during the last quarter. Wellington Management Group LLP grew its position in shares of S&P Global by 4.6% in the 3rd quarter. Wellington Management Group LLP now owns 6,231,644 shares of the business services provider’s stock worth $3,033,003,000 after acquiring an additional 274,285 shares in the last quarter. Finally, Assenagon Asset Management S.A. increased its holdings in shares of S&P Global by 95.4% in the 3rd quarter. Assenagon Asset Management S.A. now owns 541,754 shares of the business services provider’s stock valued at $263,677,000 after acquiring an additional 264,473 shares during the last quarter. Institutional investors own 87.17% of the company’s stock.

S&P Global Trading Up 1.4%

Shares of NYSE SPGI opened at $431.25 on Thursday. S&P Global Inc. has a 12-month low of $381.61 and a 12-month high of $579.05. The company has a market cap of $130.87 billion, a price-to-earnings ratio of 29.44, a price-to-earnings-growth ratio of 1.88 and a beta of 1.20. The company has a current ratio of 0.82, a quick ratio of 0.82 and a debt-to-equity ratio of 0.40. The stock’s 50 day simple moving average is $425.68 and its 200 day simple moving average is $476.70.

S&P Global (NYSE:SPGI) last issued its quarterly earnings data on Tuesday, February 10th. The business services provider reported $4.30 EPS for the quarter, missing analysts’ consensus estimates of $4.32 by ($0.02). S&P Global had a return on equity of 16.56% and a net margin of 29.16%.The company had revenue of $3.92 billion for the quarter, compared to the consensus estimate of $3.89 billion. During the same quarter in the previous year, the company earned $3.77 earnings per share. S&P Global’s quarterly revenue was up 9.0% compared to the same quarter last year. S&P Global has set its FY 2026 guidance at 19.400-19.650 EPS. Equities research analysts expect that S&P Global Inc. will post 17.11 EPS for the current year.

Analyst Upgrades and Downgrades

Several research firms recently issued reports on SPGI. Stifel Nicolaus dropped their price target on S&P Global from $599.00 to $489.00 and set a “buy” rating on the stock in a research report on Wednesday, February 11th. Bank of America initiated coverage on shares of S&P Global in a report on Tuesday, February 17th. They issued a “buy” rating and a $575.00 price objective for the company. UBS Group dropped their target price on shares of S&P Global from $620.00 to $550.00 and set a “buy” rating on the stock in a report on Tuesday, February 17th. Morgan Stanley reduced their price target on shares of S&P Global from $580.00 to $556.00 and set an “overweight” rating on the stock in a research report on Tuesday, April 7th. Finally, Wells Fargo & Company decreased their price target 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. 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. According to MarketBeat.com, S&P Global has a consensus rating of “Buy” and an average target price of $558.47.

S&P Global 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.