Segall Bryant & Hamill LLC lifted its stake in shares of S&P Global Inc. (NYSE:SPGI – Free Report) by 157.0% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 89,314 shares of the business services provider’s stock after buying an additional 54,556 shares during the quarter. Segall Bryant & Hamill LLC’s holdings in S&P Global were worth $38,312,000 as of its most recent filing with the SEC.
Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Dorsey Asset Management LLC acquired a new position in shares of S&P Global during the first quarter worth $94,716,000. Troy Asset Management Ltd boosted its stake in shares of S&P Global by 26.2% in the fourth quarter. Troy Asset Management Ltd now owns 41,706 shares of the business services provider’s stock valued at $21,795,000 after purchasing an additional 8,652 shares during the period. Capital International Inc. CA grew its holdings in S&P Global by 11.6% during the 4th quarter. Capital International Inc. CA now owns 70,716 shares of the business services provider’s stock valued at $36,955,000 after purchasing an additional 7,343 shares in the last quarter. V Square Quantitative Management LLC purchased a new stake in S&P Global during the 4th quarter worth $3,652,000. Finally, Bartlett & CO. Wealth Management LLC increased its stake in S&P Global by 2.3% during the 4th quarter. Bartlett & CO. Wealth Management LLC now owns 120,642 shares of the business services provider’s stock worth $63,047,000 after buying an additional 2,672 shares during the period. 87.17% of the stock is owned by institutional investors and hedge funds.
Analysts Set New Price Targets
SPGI has been the subject of a number of analyst reports. The Goldman Sachs Group decreased their price objective on shares of S&P Global from $539.00 to $490.00 and set a “buy” rating for the company in a research report on Wednesday, July 1st. Wall Street Zen raised S&P Global to a “hold” rating in a research report on Saturday, July 4th. Royal Bank Of Canada dropped their target price on S&P Global from $560.00 to $510.00 and set an “outperform” rating on the stock in a research report on Tuesday, July 7th. Weiss Ratings reiterated a “hold (c)” rating on shares of S&P Global in a research note on Monday, July 6th. Finally, JPMorgan Chase & Co. reduced their price target on S&P Global from $555.00 to $530.00 and set an “overweight” rating for the company in a report on Wednesday. Eighteen research 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. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $523.59.
Key Headlines Impacting S&P Global
Here are the key news stories impacting S&P Global this week:
- Positive Sentiment: Wells Fargo issued a Buy rating on S&P Global, adding to the bullish case for the stock. Wells Fargo Releases a Buy Rating on S&P Global
- Positive Sentiment: Citigroup said S&P Global’s stock price is expected to rise, providing a positive counterpoint to the more cautious views from other analysts. Citigroup Analyst Says S&P Global Stock Price Expected to Rise
- Positive Sentiment: S&P Global agreed to acquire a stake in African ratings firm Agusto, expanding its presence in a developing credit-markets region and potentially supporting long-term growth. S&P Global Buys Into African Ratings With Agusto Deal
- Positive Sentiment: An investment analysis described the recent selloff as a potential buying opportunity, arguing that the company’s long-term fundamentals remain attractive. S&P Global: Why This Selloff Is a Rare Buying Opportunity
- Neutral Sentiment: Analysts remain divided on S&P Global, with bullish ratings offset by concerns about valuation and earnings estimates. Analysts Conflicted on S&P Global
- Neutral Sentiment: S&P Global underperformed some industry peers in the latest trading session, indicating weaker near-term market momentum. S&P Global Stock Underperforms Competitors
- Negative Sentiment: Robert W. Baird issued a pessimistic forecast for S&P Global’s stock price, adding pressure to the shares. Robert W. Baird Issues Pessimistic Forecast
- Negative Sentiment: JPMorgan Chase also issued a cautious stock-price forecast, reinforcing concerns about limited upside. JPMorgan Issues Pessimistic Forecast
- Negative Sentiment: Erste Group Bank reduced its FY2027 earnings-per-share forecast, signaling expectations for slower future profit growth. Erste Group Bank Cuts S&P Global FY2027 EPS Forecast
- Negative Sentiment: One valuation analysis called the stock slightly overvalued even after its substantial decline, which may discourage near-term buyers. S&P Global Stock Looks Slightly Overvalued
S&P Global Stock Down 0.7%
Shares of NYSE:SPGI opened at $412.24 on Friday. The firm has a market cap of $121.53 billion, a PE ratio of 25.17, a price-to-earnings-growth ratio of 2.21 and a beta of 1.08. The company has a fifty day simple moving average of $423.91 and a 200 day simple moving average of $438.02. The company has a current ratio of 0.95, a quick ratio of 0.68 and a debt-to-equity ratio of 0.40. S&P Global Inc. has a 12-month low of $381.61 and a 12-month high of $579.05.
S&P Global (NYSE:SPGI – Get Free Report) last posted its quarterly earnings data 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 firm 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 firm’s revenue was up 10.4% compared to the same quarter last year. During the same period in the prior year, the firm posted $4.43 EPS. S&P Global has set its FY 2026 guidance at 17.500-17.750 EPS. On average, equities research analysts anticipate that S&P Global Inc. will post 17.74 EPS for the current fiscal year.
S&P Global Announces Dividend
The business also recently announced 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 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 is 23.69%.
S&P Global Company 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.
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