S&P Global Inc. $SPGI Shares Sold by Independence Bank of Kentucky

Posted by Brian Himes on Sep 2nd, 2026

Independence Bank of Kentucky lessened its position in shares of S&P Global Inc. (NYSE:SPGI – Free Report) by 12.6% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 10,928 shares of the business services provider’s stock after selling 1,578 shares during the quarter. Independence Bank of Kentucky’s holdings in S&P Global were worth $4,451,000 as of its most recent SEC filing.

Several other institutional investors also recently added to or reduced their stakes in the company. Dorsey Asset Management LLC purchased a new position in shares of S&P Global during the first quarter worth about $94,716,000. Troy Asset Management Ltd increased its position in S&P Global by 26.2% in the 4th quarter. Troy Asset Management Ltd now owns 41,706 shares of the business services provider’s stock valued at $21,795,000 after acquiring an additional 8,652 shares during the period. Capital International Inc. CA raised its stake 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 acquiring an additional 7,343 shares during the last quarter. ABN Amro Investment Solutions raised its stake in S&P Global by 6.3% during the 4th quarter. ABN Amro Investment Solutions now owns 151,284 shares of the business services provider’s stock valued at $79,060,000 after acquiring an additional 8,997 shares during the last quarter. Finally, Rit Capital Partners PLC acquired a new stake in S&P Global during the 4th quarter worth approximately $44,160,000. Institutional investors and hedge funds own 87.17% of the company’s stock.

S&P Global Trading Up 1.0%

NYSE:SPGI opened at $440.16 on Wednesday. S&P Global Inc. has a 1 year low of $381.61 and a 1 year high of $552.25. 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 $425.94 and a two-hundred day moving average price of $424.74. The stock has a market capitalization of $129.76 billion, a price-to-earnings ratio of 26.87, a PEG ratio of 1.96 and a beta of 1.07.

S&P Global (NYSE:SPGI – Get Free Report) last posted its quarterly earnings results on Tuesday, July 28th. The business services provider reported $4.83 earnings per share for the quarter, topping analysts’ consensus estimates of $4.81 by $0.02. The business had revenue of $4.15 billion for the quarter, compared to analysts’ expectations of $4.09 billion. S&P Global had a net margin of 31.37% and a return on equity of 17.74%. The business’s revenue for the quarter was up 10.4% on a year-over-year basis. During the same period in the prior year, the company posted $4.43 EPS. 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 Announces Dividend

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 issued 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 yield of 0.9%. S&P Global’s payout ratio is currently 23.69%.

Analysts Set New Price Targets

A number of research analysts have recently issued reports on the company. Royal Bank Of Canada reissued an “outperform” rating and issued a $510.00 target price on shares of S&P Global in a report on Wednesday, August 26th. 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. Weiss Ratings restated a “hold (c)” rating on shares of S&P Global in a research report on Monday, July 6th. Rothschild & Co Redburn lowered their target price on shares of S&P Global from $540.00 to $520.00 and set a “buy” rating on the stock in a report on Thursday, June 18th. Finally, The Goldman Sachs Group dropped their price target on shares of S&P Global from $539.00 to $490.00 and set a “buy” rating on the stock in a research note on Wednesday, July 1st. Eighteen equities research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $523.59.

Get Our Latest Analysis on S&P Global

About S&P Global

(Free Report)

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.