S&P Global Inc. $SPGI Position Increased by Triad Investment Management

Triad Investment Management boosted its stake in shares of S&P Global Inc. (NYSE:SPGI) by 61.3% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 5,857 shares of the business services provider’s stock after purchasing an additional 2,225 shares during the quarter. S&P Global makes up approximately 2.7% of Triad Investment Management’s holdings, making the stock its 17th largest position. Triad Investment Management’s holdings in S&P Global were worth $2,385,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in SPGI. Pingora Partners LLC bought a new stake in S&P Global in the second quarter valued at $29,000. Palladiem LLC bought a new position in shares of S&P Global during the fourth quarter worth about $36,000. Palisade Asset Management LLC bought a new position in shares of S&P Global during the third quarter worth about $36,000. Swiss RE Ltd. acquired a new stake in shares of S&P Global in the 4th quarter worth about $39,000. Finally, WPG Advisers LLC increased its holdings in shares of S&P Global by 37.0% in the 2nd quarter. WPG Advisers LLC now owns 100 shares of the business services provider’s stock worth $41,000 after acquiring an additional 27 shares during the period. 87.17% of the stock is currently owned by institutional investors.

S&P Global Stock Performance

Shares of SPGI opened at $418.95 on Thursday. The firm has a market capitalization of $123.51 billion, a PE 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. The firm has a 50-day moving average price of $429.49 and a 200 day moving average price of $425.82. S&P Global Inc. has a 52-week low of $381.61 and a 52-week high of $552.25.

S&P Global (NYSE:SPGI) last released its quarterly earnings results on Tuesday, July 28th. The business services provider reported $4.83 EPS for the quarter, topping analysts’ consensus estimates of $4.81 by $0.02. The company 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%. S&P Global’s revenue was up 10.4% on a year-over-year basis. During the same period in the previous year, the firm earned $4.43 EPS. S&P Global has set its FY 2026 guidance at 17.500-17.750 EPS. On average, sell-side analysts anticipate that S&P Global Inc. will post 17.75 earnings per share for the current fiscal year.

S&P Global Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 10th. Investors 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 dividend payout ratio (DPR) is currently 23.69%.

Analyst Ratings Changes

Several analysts recently weighed in on the stock. Citigroup lifted their price objective on shares of S&P Global from $454.00 to $500.00 and gave the company a “buy” rating in a research report on Wednesday, July 29th. Wall Street Zen upgraded shares of S&P Global to a “hold” rating in a research report on Saturday, September 5th. Barclays dropped their price target on shares of S&P Global from $555.00 to $553.00 and set an “overweight” rating on the stock in a research note on Wednesday, July 29th. Zacks Research cut S&P Global from a “hold” rating to a “strong sell” rating in a report on Monday, July 20th. Finally, UBS Group reduced their price objective on S&P Global from $550.00 to $525.00 and set a “buy” rating for the company in a research report on Tuesday, July 7th. Eighteen research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, S&P Global currently has an average rating of “Moderate Buy” and an average target price of $523.59.

About S&P Global

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.