KBC Group NV Cuts Holdings in S&P Global Inc. $SPGI

KBC Group NV decreased its holdings in S&P Global Inc. (NYSE:SPGI) by 4.9% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 204,315 shares of the business services provider’s stock after selling 10,438 shares during the period. KBC Group NV’s holdings in S&P Global were worth $86,903,000 as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. SEB Asset Management AB bought a new position in shares of S&P Global during the first quarter valued at $81,198,000. AIA Group Ltd boosted its position in shares of S&P Global by 10.5% during the first quarter. AIA Group Ltd now owns 12,232 shares of the business services provider’s stock valued at $5,203,000 after buying an additional 1,161 shares during the last quarter. Legacy Wealth Advisors LLC bought a new stake in S&P Global in the 1st quarter worth about $231,000. Annis Gardner Whiting Capital Advisors LLC increased its holdings in S&P Global by 22.1% in the 1st quarter. Annis Gardner Whiting Capital Advisors LLC now owns 370 shares of the business services provider’s stock worth $157,000 after buying an additional 67 shares in the last quarter. Finally, Kera Capital Partners Inc. purchased a new position in S&P Global in the 1st quarter worth about $380,000. Hedge funds and other institutional investors own 87.17% of the company’s stock.

Insider Buying and Selling

In other S&P Global news, Director Robert Edward Jr. Moritz bought 1,152 shares of S&P Global stock in a transaction on Thursday, April 30th. The stock was acquired at an average cost of $434.03 per share, with a total value of $500,002.56. Following the completion of the acquisition, the director owned 1,152 shares in the company, valued at approximately $500,002.56. This represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Martina Cheung purchased 2,322 shares of the firm’s stock in a transaction on Wednesday, April 29th. The stock was acquired at an average price of $429.93 per share, for a total transaction of $998,297.46. Following the completion of the transaction, the chief executive officer directly owned 27,518 shares of the company’s stock, valued at approximately $11,830,813.74. This trade represents a 9.22% increase in their position. The SEC filing for this purchase provides additional information. Over the last quarter, insiders have acquired 5,974 shares of company stock valued at $2,576,775. 0.03% of the stock is owned by insiders.

More S&P Global News

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

• Positive Sentiment: Stifel Nicolaus raised its price target on S&P Global to $521 from $489 and kept a buy rating, implying roughly 15.6% upside from the current share price. Benzinga Street Insider
• Positive Sentiment: S&P Global Energy said booming U.S. LNG exports could add $1.4 trillion to GDP through 2040 and support hundreds of thousands of jobs, reinforcing the company’s research and energy-market credibility. Reuters
• Positive Sentiment: S&P Global Market Intelligence launched ETF Intelligence, a new analytics product aimed at the fast-growing ETF market, which could help expand data and subscription revenue over time. PR Newswire
• Neutral Sentiment: Erste Group Bank lowered its FY2026 EPS estimate for S&P Global to $18.60 from $19.62, which is below the current consensus estimate of $19.49 and may temper expectations. MarketBeat
• Neutral Sentiment: Separate commentary flagged the stock as expensive on fair value and earnings, suggesting valuation remains a concern for some investors. Yahoo Finance
• Negative Sentiment: One market report said S&P Global underperformed peers on Wednesday, indicating some relative weakness versus competitors. MarketWatch

S&P Global Stock Down 0.1%

S&P Global stock opened at $450.57 on Monday. S&P Global Inc. has a one year low of $381.61 and a one year high of $579.05. The stock has a fifty day moving average of $421.35 and a 200 day moving average of $444.73. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.68 and a current ratio of 0.68. The stock has a market cap of $133.37 billion, a PE ratio of 28.52, a price-to-earnings-growth ratio of 2.18 and a beta of 1.08.

S&P Global (NYSE:SPGI) last announced its earnings results on Tuesday, April 28th. The business services provider reported $4.97 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.82 by $0.15. The business had revenue of $4.17 billion for the quarter, compared to analysts’ expectations of $4.08 billion. S&P Global had a return on equity of 17.26% and a net margin of 30.37%.The business’s revenue for the quarter was up 10.4% on a year-over-year basis. During the same period last year, the firm posted $4.37 earnings per share. S&P Global has set its FY 2026 guidance at 19.400-19.650 EPS. As a group, sell-side analysts predict that S&P Global Inc. will post 19.32 EPS for the current year.

S&P Global Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 10th. Stockholders of record on Wednesday, August 26th will be paid a $0.97 dividend. This represents a $3.88 annualized dividend and a dividend yield of 0.9%. The ex-dividend date is Wednesday, August 26th. S&P Global’s dividend payout ratio is 24.56%.

Wall Street Analyst Weigh In

Several equities analysts have issued reports on the stock. Stifel Nicolaus upped their target price on shares of S&P Global from $489.00 to $521.00 and gave the company a “buy” rating in a research note on Friday. Bank of America reduced their price target on shares of S&P Global from $575.00 to $550.00 and set a “buy” rating for the company in a research note on Friday, July 10th. Royal Bank Of Canada decreased their price objective on shares of S&P Global from $560.00 to $510.00 and set an “outperform” rating for the company in a report on Tuesday, July 7th. UBS Group lowered their price objective on shares of S&P Global from $550.00 to $525.00 and set a “buy” rating on the stock in a research report on Tuesday, July 7th. Finally, Daiwa Securities Group dropped their target price on shares of S&P Global from $490.00 to $485.00 and set an “outperform” rating on the stock in a report on Wednesday, May 20th. Seventeen research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $533.88.

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.