Edgestream Partners L.P. raised its position in S&P Global Inc. (NYSE:SPGI – Free Report) by 729.1% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 14,069 shares of the business services provider’s stock after purchasing an additional 12,372 shares during the quarter. Edgestream Partners L.P.’s holdings in S&P Global were worth $5,984,000 as of its most recent SEC filing.
Other large investors also recently added to or reduced their stakes in the company. YANKCOM Partnership raised its holdings in shares of S&P Global by 7.9% in the 4th quarter. YANKCOM Partnership now owns 259 shares of the business services provider’s stock valued at $135,000 after buying an additional 19 shares during the period. Elwood & Goetz Wealth Advisory Group LLC boosted its holdings in S&P Global by 3.3% during the 4th quarter. Elwood & Goetz Wealth Advisory Group LLC now owns 632 shares of the business services provider’s stock valued at $330,000 after acquiring an additional 20 shares during the period. Steigerwald Gordon & Koch Inc. boosted its holdings in S&P Global by 15.6% during the 4th quarter. Steigerwald Gordon & Koch Inc. now owns 148 shares of the business services provider’s stock valued at $77,000 after acquiring an additional 20 shares during the period. Rehmann Capital Advisory Group grew its position in S&P Global by 1.2% in the 3rd quarter. Rehmann Capital Advisory Group now owns 1,925 shares of the business services provider’s stock valued at $937,000 after acquiring an additional 22 shares in the last quarter. Finally, Webster Bank N. A. increased its stake in S&P Global by 7.7% during the fourth quarter. Webster Bank N. A. now owns 308 shares of the business services provider’s stock worth $161,000 after purchasing an additional 22 shares during the period. 87.17% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
SPGI has been the topic of several research reports. Stifel Nicolaus increased their price target on shares of S&P Global from $489.00 to $521.00 and gave the stock a “buy” rating in a research report on Friday, July 17th. Bank of America dropped their price objective on shares of S&P Global from $575.00 to $550.00 and set a “buy” rating for the company in a report on Friday, July 10th. Mizuho upped their target price on shares of S&P Global from $551.00 to $554.00 and gave the stock an “outperform” rating in a research note on Tuesday, May 5th. The Goldman Sachs Group reduced their target price on shares of S&P Global from $539.00 to $490.00 and set a “buy” rating on the stock in a report on Wednesday, July 1st. Finally, Zacks Research cut shares of S&P Global from a “hold” rating to a “strong sell” rating in a research report on Monday, July 20th. Eighteen analysts have rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average 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: Analysts see substantial upside. Citigroup raised its price target to $500 and maintained a “buy” rating, while JPMorgan, Barclays and Robert W. Baird retained positive ratings with targets ranging from $513 to $553. Analyst price-target updates
- Positive Sentiment: Potential earnings upside remains. Erste Group expects fiscal 2026 EPS of $18.68, above the $17.61 consensus estimate, although it reduced its fiscal 2027 forecast to $20.32 from $20.92. Erste Group earnings estimates
- Positive Sentiment: Shareholder returns and growth initiatives support the long-term case. Management highlighted AI-related growth, strong benchmark demand and higher buybacks following the Mobility spin-off, including a planned $7 billion repurchase program. SPGI Q2 earnings call highlights
- Positive Sentiment: S&P Global expanded its data offerings. New With Intelligence private-markets datasets, fund-performance information and editorial content are being integrated into Capital IQ Pro, potentially strengthening the platform’s subscription and AI-enabled workflow capabilities. S&P Global private markets datasets announcement
- Neutral Sentiment: Second-quarter results were mixed. Revenue exceeded expectations and rose year over year, but reports characterized EPS performance as a miss or only a narrow beat, contributing to investor disappointment despite solid operating trends. S&P Global second-quarter results
- Negative Sentiment: Valuation concerns are limiting enthusiasm. One analysis argues that SPGI’s roughly 18% decline creates a buying opportunity, while another says the stock still appears slightly overvalued, suggesting investors remain cautious about its earnings multiple. S&P Global valuation analysis
- Negative Sentiment: Recent performance has lagged peers. S&P Global underperformed comparable financial and business-services companies, reinforcing the market’s negative near-term reaction to earnings and forward expectations. S&P Global stock performance versus competitors
S&P Global Stock Performance
Shares of SPGI opened at $414.08 on Friday. S&P Global Inc. has a 1 year low of $381.61 and a 1 year high of $579.05. The stock has a market capitalization of $122.07 billion, a PE ratio of 25.28, a PEG ratio of 2.21 and a beta of 1.08. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.68 and a current ratio of 0.95. The stock has a 50-day simple moving average of $424.04 and a 200-day simple moving average of $438.20.
S&P Global (NYSE:SPGI – Get Free Report) last released its 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 firm had revenue of $4.15 billion for the quarter, compared to analyst estimates 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 quarterly revenue was up 10.4% compared to the same quarter last year. During the same period in the prior year, the firm earned $4.43 earnings per share. S&P Global has set its FY 2026 guidance at 17.500-17.750 EPS. On average, analysts predict that S&P Global Inc. will post 17.68 earnings per share for the current fiscal year.
S&P Global Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 10th. Shareholders of record on Wednesday, August 26th will be given a $0.97 dividend. 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 is currently 23.69%.
S&P Global 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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