S&P Global Inc. $SPGI Shares Sold by GTS Securities LLC

GTS Securities LLC cut its holdings in S&P Global Inc. (NYSE:SPGI – Free Report) by 69.3% during the second quarter, Holdings Channel reports. The institutional investor owned 684 shares of the business services provider’s stock after selling 1,541 shares during the quarter. GTS Securities LLC’s holdings in S&P Global were worth $279,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of SPGI. Palladiem LLC acquired a new stake in S&P Global in the fourth quarter valued at $36,000. Pingora Partners LLC acquired a new position in shares of S&P Global during the 2nd quarter worth $29,000. Palisade Asset Management LLC purchased a new position in shares of S&P Global in the 3rd quarter valued at about $36,000. Swiss RE Ltd. purchased a new position in shares of S&P Global in the 4th quarter valued at about $39,000. Finally, Lloyd Advisory Services LLC. acquired a new stake in shares of S&P Global in the fourth quarter valued at about $44,000. Hedge funds and other institutional investors own 87.17% of the company’s stock.

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S&P Global Stock Performance

Shares of SPGI opened at $436.70 on Tuesday. S&P Global Inc. has a 12-month low of $381.61 and a 12-month high of $552.25. The stock has a market cap of $128.74 billion, a P/E ratio of 26.66, a PEG ratio of 1.99 and a beta of 1.07. 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 company has a 50-day moving average of $425.16 and a two-hundred day moving average of $424.39.

S&P Global (NYSE:SPGI – Get Free Report) last released its quarterly earnings results on Tuesday, July 28th. The business services provider reported $4.83 EPS for the quarter, beating 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 business had revenue of $4.15 billion for the quarter, compared to analyst estimates of $4.09 billion. During the same period in the prior year, the business earned $4.43 earnings per share. The company’s quarterly 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, research analysts predict that S&P Global Inc. will post 17.75 EPS for the current fiscal year.

S&P Global Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 10th. Shareholders 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 annualized dividend and a yield of 0.9%. S&P Global’s dividend payout ratio (DPR) is presently 23.69%.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on SPGI shares. Wall Street Zen raised shares of S&P Global to a “hold” rating in a report on Saturday, July 4th. Royal Bank Of Canada reissued an “outperform” rating and set a $510.00 price target on shares of S&P Global in a research note on Wednesday, August 26th. The Goldman Sachs Group lowered their price target on S&P Global from $539.00 to $490.00 and set a “buy” rating on the stock in a report on Wednesday, July 1st. Citigroup raised their price objective on S&P Global from $454.00 to $500.00 and gave the company a “buy” rating in a research note on Wednesday, July 29th. Finally, Mizuho boosted their target price on S&P Global from $551.00 to $554.00 and gave the stock an “outperform” rating in a research report on Tuesday, May 5th. 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 presently has a consensus rating of “Moderate Buy” and an average target price of $523.59.

Check Out Our Latest Research Report 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.

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