S&P Global Inc. $SPGI Shares Sold by Danica Pension Livsforsikringsaktieselskab

Danica Pension Livsforsikringsaktieselskab decreased its holdings in S&P Global Inc. (NYSE:SPGI) by 12.1% in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 56,535 shares of the business services provider’s stock after selling 7,790 shares during the quarter. Danica Pension Livsforsikringsaktieselskab’s holdings in S&P Global were worth $23,024,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in SPGI. Norges Bank acquired a new stake in S&P Global during the 4th quarter worth approximately $2,398,991,000. EdgePoint Investment Group Inc. purchased a new position in S&P Global in the 1st quarter valued at approximately $702,911,000. Cardano Risk Management B.V. grew its stake in shares of S&P Global by 858.3% in the fourth 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 in the last quarter. T. Rowe Price Investment Management Inc. grew its stake in shares of S&P Global by 2,256.7% in the fourth 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 acquiring an additional 1,385,249 shares in the last quarter. Finally, Soroban Capital Partners LP increased its position 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 acquiring an additional 1,219,990 shares during the period. Institutional investors and hedge funds own 87.17% of the company’s stock.

S&P Global Trading Up 1.9%

NYSE:SPGI opened at $418.51 on Wednesday. S&P Global Inc. has a 1 year low of $381.61 and a 1 year high of $559.60. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.95 and a current ratio of 0.95. The stock has a fifty day moving average price of $422.28 and a two-hundred day moving average price of $426.80. The stock has a market capitalization of $123.38 billion, a price-to-earnings ratio of 25.55, a PEG ratio of 1.88 and a beta of 1.07.

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, 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 for the quarter, compared to analyst estimates of $4.09 billion. During the same period in the previous year, the firm earned $4.43 EPS. The business’s revenue was up 10.4% on a year-over-year basis. S&P Global has set its FY 2026 guidance at 17.500-17.750 EPS. As a group, 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 $0.97 dividend. The ex-dividend date is Wednesday, August 26th. This represents a $3.88 annualized dividend and a dividend yield of 0.9%. S&P Global’s dividend payout ratio (DPR) is 23.69%.

Analyst Ratings Changes

Several research firms recently commented on SPGI. Wall Street Zen raised S&P Global to a “hold” rating in a research note on Saturday, July 4th. Rothschild & Co Redburn decreased their price objective on S&P Global from $540.00 to $520.00 and set a “buy” rating for the company in a research note on Thursday, June 18th. Barclays lowered their price objective on S&P Global from $555.00 to $553.00 and set an “overweight” rating for the company in a research report on Wednesday, July 29th. Bank of America cut their target price on shares of S&P Global from $575.00 to $550.00 and set a “buy” rating on the stock in a research note on Friday, July 10th. Finally, Jefferies Financial Group lifted their price target on shares of S&P Global from $500.00 to $535.00 and gave the stock a “buy” rating in a research note on Monday, April 27th. Eighteen analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $523.59.

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.