Militia Capital Management LLC purchased a new stake in S&P Global Inc. (NYSE:SPGI – Free Report) in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 1,545 shares of the business services provider’s stock, valued at approximately $657,000.
Several other institutional investors have also recently bought and sold shares of the stock. Norges Bank bought a new stake in shares of S&P Global during the fourth quarter worth $2,398,991,000. EdgePoint Investment Group Inc. bought a new position in S&P Global in the first quarter valued at about $702,911,000. Cardano Risk Management B.V. boosted its holdings in 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 valued at $919,879,000 after acquiring an additional 1,576,544 shares during the last quarter. T. Rowe Price Investment Management Inc. boosted its holdings in 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 valued at $755,996,000 after acquiring an additional 1,385,249 shares during the last quarter. Finally, Soroban Capital Partners LP increased its position in S&P Global by 260.3% in 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 purchasing an additional 1,219,990 shares during the period. Institutional investors own 87.17% of the company’s stock.
Wall Street Analyst Weigh In
A number of research firms have issued reports on SPGI. JPMorgan Chase & Co. cut their target price on shares of S&P Global from $555.00 to $530.00 and set an “overweight” rating on the stock in a research report on Wednesday, July 29th. Jefferies Financial Group boosted 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. Royal Bank Of Canada cut their price objective on shares of S&P Global from $560.00 to $510.00 and set an “outperform” rating on the stock in a report on Tuesday, July 7th. Bank of America reduced their price objective 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, Rothschild & Co Redburn lowered their target price on shares of S&P Global from $540.00 to $520.00 and set a “buy” rating for the company in a report on Thursday, June 18th. Eighteen equities research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $523.59.
S&P Global Price Performance
S&P Global stock opened at $412.24 on Monday. 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 capitalization of $121.53 billion, a P/E ratio of 25.17, a PEG ratio of 2.19 and a beta of 1.07. The business has a 50-day moving average of $423.91 and a 200-day moving average of $437.27. S&P Global Inc. has a 1 year low of $381.61 and a 1 year high of $579.05.
S&P Global (NYSE:SPGI – Get Free Report) last issued its quarterly earnings data on Tuesday, July 28th. The business services provider reported $4.83 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 firm had revenue of $4.15 billion during the quarter, compared to analysts’ expectations of $4.09 billion. During the same quarter in the previous year, the company earned $4.43 earnings per share. The business’s revenue for the quarter 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. On average, equities analysts anticipate that S&P Global Inc. will post 17.74 EPS for the current year.
S&P Global Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Thursday, September 10th. Stockholders of record on Wednesday, August 26th will be issued a $0.97 dividend. The ex-dividend date of this dividend is Wednesday, August 26th. This represents a $3.88 annualized dividend and a dividend yield of 0.9%. S&P Global’s payout ratio is 23.69%.
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
About S&P Global
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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