Sycale Advisors NY LLC Makes New Investment in S&P Global Inc. $SPGI

Sycale Advisors NY LLC bought a new stake in S&P Global Inc. (NYSE:SPGI) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 15,891 shares of the business services provider’s stock, valued at approximately $6,472,000. S&P Global makes up 2.0% of Sycale Advisors NY LLC’s portfolio, making the stock its 19th biggest holding.

A number of other institutional investors have also recently made changes to their positions in SPGI. Norges Bank acquired a new position in S&P Global in the 4th quarter valued at $2,398,991,000. EdgePoint Investment Group Inc. purchased a new position in S&P Global in the 1st quarter valued at $702,911,000. Cardano Risk Management B.V. boosted its stake in 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 purchasing an additional 1,576,544 shares during the last quarter. T. Rowe Price Investment Management Inc. boosted its stake in S&P Global by 2,256.7% during the 4th quarter. T. Rowe Price Investment Management Inc. now owns 1,446,633 shares of the business services provider’s stock worth $755,996,000 after purchasing an additional 1,385,249 shares during the last quarter. Finally, Soroban Capital Partners LP grew its holdings in shares of S&P Global by 260.3% during the first quarter. Soroban Capital Partners LP now owns 1,688,643 shares of the business services provider’s stock worth $718,247,000 after buying an additional 1,219,990 shares in the last quarter. 87.17% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities research analysts have recently commented on SPGI shares. UBS Group reduced their target price on shares of 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. Citigroup boosted their price target on shares of S&P Global from $454.00 to $500.00 and gave the stock a “buy” rating in a research report on Wednesday, July 29th. Royal Bank Of Canada dropped 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 research note on Tuesday, July 7th. Daiwa Securities Group cut their price objective on shares of S&P Global from $490.00 to $485.00 and set an “outperform” rating for the company in a report on Wednesday, May 20th. Finally, BMO Capital Markets raised their target price on shares of S&P Global from $495.00 to $505.00 and gave the stock an “outperform” rating in a research note on Tuesday, July 7th. Eighteen equities research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $523.59.

S&P Global Stock Up 1.2%

Shares of SPGI opened at $431.70 on Friday. The company’s 50-day moving average price is $422.64 and its 200 day moving average price is $425.42. S&P Global Inc. has a 12-month low of $381.61 and a 12-month high of $559.44. The company has a current ratio of 0.95, a quick ratio of 0.95 and a debt-to-equity ratio of 0.40. The firm has a market cap of $127.27 billion, a P/E ratio of 26.36, a price-to-earnings-growth ratio of 1.92 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 for the quarter, topping the consensus estimate of $4.81 by $0.02. S&P Global had a net margin of 31.37% and a return on equity of 17.74%. The company had revenue of $4.15 billion during the quarter, compared to analyst estimates of $4.09 billion. During the same quarter last year, the firm posted $4.43 earnings per share. S&P Global’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. On average, sell-side analysts forecast 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. Investors of record on Wednesday, August 26th will be given a dividend of $0.97 per share. The ex-dividend date of this dividend is Wednesday, August 26th. This represents a $3.88 dividend on an annualized basis and a dividend yield of 0.9%. S&P Global’s dividend payout ratio (DPR) is presently 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.