S&P Global Inc. $SPGI Shares Acquired by National Pension Service

National Pension Service increased its holdings in S&P Global Inc. (NYSE:SPGI) by 1.0% in the second quarter, Holdings Channel.com reports. The firm owned 732,083 shares of the business services provider’s stock after purchasing an additional 7,258 shares during the period. National Pension Service’s holdings in S&P Global were worth $298,148,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in the business. California State Teachers Retirement System boosted its stake in S&P Global by 39,515.8% in the 2nd quarter. California State Teachers Retirement System now owns 187,868,631 shares of the business services provider’s stock worth $76,511,379,000 after buying an additional 187,394,404 shares during the last quarter. Norges Bank acquired a new position in shares of S&P Global during the 4th quarter valued at about $2,398,991,000. Bank of America Corp DE acquired a new position in shares of S&P Global during the 2nd quarter valued at about $865,892,000. EdgePoint Investment Group Inc. purchased a new position in shares of S&P Global during the 1st quarter worth about $702,911,000. Finally, Cardano Risk Management B.V. lifted its holdings in shares of S&P Global by 858.3% during the 4th quarter. Cardano Risk Management B.V. now owns 1,760,230 shares of the business services provider’s stock worth $919,879,000 after acquiring an additional 1,576,544 shares during the period. 87.17% of the stock is currently owned by institutional investors and hedge funds.

S&P Global Price Performance

SPGI opened at $418.95 on Thursday. S&P Global Inc. has a 52-week low of $381.61 and a 52-week high of $552.25. The company has a 50 day moving average of $429.49 and a two-hundred day moving average of $425.82. The company has a market cap of $123.51 billion, a P/E ratio of 25.58, a P/E/G ratio of 2.07 and a beta of 1.07. The company has a quick ratio of 0.95, a current ratio of 0.95 and a debt-to-equity ratio of 0.40.

S&P Global (NYSE:SPGI) last issued its earnings results on Tuesday, July 28th. The business services provider reported $4.83 EPS for the quarter, beating analysts’ consensus estimates of $4.81 by $0.02. The business had revenue of $4.15 billion for 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%. The business’s revenue for the quarter was up 10.4% compared to the same quarter last year. During the same quarter last year, the firm posted $4.43 EPS. S&P Global has set its FY 2026 guidance at 17.500-17.750 EPS. On average, analysts expect that S&P Global Inc. will post 17.75 earnings per share for the current year.

S&P Global Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 10th. Shareholders of record on Wednesday, August 26th will be paid 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 currently 23.69%.

Analyst Ratings Changes

A number of equities research analysts recently issued reports on the stock. Robert W. Baird set a $513.00 target price on shares of S&P Global in a report on Wednesday, September 2nd. Citigroup lifted their price target on shares of S&P Global from $454.00 to $500.00 and gave the company a “buy” rating in a report on Wednesday, July 29th. Wall Street Zen raised shares of S&P Global to a “hold” rating in a research note on Saturday, September 5th. Stifel Nicolaus upped their price objective on S&P Global from $489.00 to $521.00 and gave the stock a “buy” rating in a report on Friday, July 17th. Finally, Daiwa Securities Group dropped their price objective on S&P Global from $490.00 to $485.00 and set an “outperform” rating for the company in a report on Wednesday, May 20th. Eighteen analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $523.59.

S&P Global Profile

S&P Global Inc (NYSE: SPGI) provides financial information, analytics, benchmarks and credit ratings to businesses, governments and investors worldwide. Its services are used to evaluate credit risk, analyze markets, value assets, assess commodities and support investment and business decisions.

The company operates through businesses that include S&P Global Ratings, which provides credit ratings and related research; S&P Global Market Intelligence, which delivers financial and industry data, analytics and workflow tools; S&P Global Commodity Insights, which supplies information and pricing assessments for energy and commodity markets; and S&P Dow Jones Indices, which develops and maintains market indexes such as the S&P 500.