Two Sigma Securities LLC Buys New Shares in S&P Global Inc. $SPGI

Two Sigma Securities LLC purchased a new stake in shares of S&P Global Inc. (NYSE:SPGI) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 4,737 shares of the business services provider’s stock, valued at approximately $1,929,000.

Several other large investors have also recently modified their holdings of SPGI. Rehmann Capital Advisory Group boosted its holdings in S&P Global by 1.2% during the 3rd quarter. Rehmann Capital Advisory Group now owns 1,925 shares of the business services provider’s stock valued at $937,000 after acquiring an additional 22 shares during the period. Washington Trust Bank increased its stake in S&P Global by 1.2% in the 4th quarter. Washington Trust Bank now owns 1,888 shares of the business services provider’s stock worth $987,000 after purchasing an additional 23 shares during the period. Hibernia Wealth Partners LLC lifted its position in S&P Global by 3.3% in the first quarter. Hibernia Wealth Partners LLC now owns 754 shares of the business services provider’s stock valued at $321,000 after purchasing an additional 24 shares during the last quarter. Prestige Wealth Management Group LLC lifted its position in S&P Global by 2.8% in the fourth quarter. Prestige Wealth Management Group LLC now owns 946 shares of the business services provider’s stock valued at $494,000 after purchasing an additional 26 shares during the last quarter. Finally, Legacy Wealth Asset Management LLC boosted its stake in shares of S&P Global by 1.2% during the second quarter. Legacy Wealth Asset Management LLC now owns 2,272 shares of the business services provider’s stock valued at $925,000 after purchasing an additional 26 shares during the period. Hedge funds and other institutional investors own 87.17% of the company’s stock.

S&P Global Stock Performance

S&P Global stock opened at $442.62 on Monday. S&P Global Inc. has a fifty-two week low of $381.61 and a fifty-two week high of $552.25. The stock’s 50 day simple moving average is $424.57 and its two-hundred day simple moving average is $424.15. 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 stock has a market cap of $130.48 billion, a price-to-earnings ratio of 27.02, a PEG ratio of 1.99 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 earnings per share (EPS) for the quarter, topping 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 firm had revenue of $4.15 billion during the quarter, compared to analyst estimates of $4.09 billion. During the same quarter in the prior year, the company earned $4.43 EPS. The business’s 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. As a group, analysts expect that S&P Global Inc. will post 17.75 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. Stockholders of record on Wednesday, August 26th will be issued a dividend of $0.97 per share. This represents a $3.88 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date is Wednesday, August 26th. S&P Global’s payout ratio is 23.69%.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on the stock. Wall Street Zen raised shares of S&P Global to a “hold” rating in a research note on Saturday, July 4th. Bank of America decreased their price objective on shares of S&P Global from $575.00 to $550.00 and set a “buy” rating on the stock in a research report on Friday, July 10th. BMO Capital Markets upped their price objective on shares of S&P Global from $495.00 to $505.00 and gave the company an “outperform” rating in a research note on Tuesday, July 7th. Zacks Research cut S&P Global from a “hold” rating to a “strong sell” rating in a research note on Monday, July 20th. Finally, Citigroup boosted their price target on S&P Global from $454.00 to $500.00 and gave the company a “buy” rating in a report on Wednesday, July 29th. Eighteen investment 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. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target 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.