Artisan Partners Limited Partnership Has $389.58 Million Holdings in S&P Global Inc. $SPGI

Artisan Partners Limited Partnership increased its holdings in shares of S&P Global Inc. (NYSE:SPGI) by 32.1% during the third quarter, Holdings Channel reports. The fund owned 800,443 shares of the business services provider’s stock after purchasing an additional 194,348 shares during the period. Artisan Partners Limited Partnership’s holdings in S&P Global were worth $389,584,000 at the end of the most recent reporting period.

Several other institutional investors have also recently bought and sold shares of SPGI. MTM Investment Management LLC bought a new stake in shares of S&P Global during the second quarter worth $27,000. J.Safra Asset Management Corp bought a new position in shares of S&P Global in the third quarter valued at about $29,000. Spurstone Advisory Services LLC acquired a new position in S&P Global during the 2nd quarter worth about $34,000. Howard Hughes Medical Institute bought a new stake in S&P Global during the 2nd quarter worth about $36,000. Finally, First Pacific Financial increased its position in S&P Global by 51.0% in the 3rd quarter. First Pacific Financial now owns 74 shares of the business services provider’s stock valued at $36,000 after acquiring an additional 25 shares in the last quarter. Institutional investors own 87.17% of the company’s stock.

S&P Global Stock Performance

Shares of S&P Global stock opened at $437.54 on Friday. The stock’s fifty day simple moving average is $492.80 and its 200 day simple moving average is $503.06. The company has a current ratio of 0.82, a quick ratio of 0.82 and a debt-to-equity ratio of 0.40. The company has a market capitalization of $130.74 billion, a PE ratio of 29.87, a PEG ratio of 1.88 and a beta of 1.20. S&P Global Inc. has a 12 month low of $381.61 and a 12 month high of $579.05.

S&P Global (NYSE:SPGI) last announced its quarterly earnings results on Tuesday, February 10th. The business services provider reported $4.30 earnings per share (EPS) for the quarter, missing the consensus estimate of $4.32 by ($0.02). The business had revenue of $3.92 billion during the quarter, compared to the consensus estimate of $3.89 billion. S&P Global had a return on equity of 16.56% and a net margin of 29.16%.The firm’s revenue was up 9.0% compared to the same quarter last year. During the same quarter last year, the company earned $3.77 earnings per share. S&P Global has set its FY 2026 guidance at 19.400-19.650 EPS. On average, research analysts predict that S&P Global Inc. will post 17.11 EPS for the current year.

S&P Global Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, March 11th. Shareholders of record on Wednesday, February 25th will be issued a dividend of $0.97 per share. This is an increase from S&P Global’s previous quarterly dividend of $0.96. The ex-dividend date is Wednesday, February 25th. This represents a $3.88 annualized dividend and a yield of 0.9%. S&P Global’s dividend payout ratio is 26.48%.

Analyst Ratings Changes

SPGI has been the topic of a number of research reports. UBS Group reduced their target price on shares of S&P Global from $620.00 to $550.00 and set a “buy” rating on the stock in a research report on Tuesday, February 17th. William Blair reaffirmed an “outperform” rating on shares of S&P Global in a report on Monday, November 17th. Wells Fargo & Company decreased their price objective on S&P Global from $675.00 to $530.00 and set an “overweight” rating on the stock in a research report on Wednesday, February 11th. Royal Bank Of Canada dropped their target price on S&P Global from $620.00 to $560.00 and set an “outperform” rating for the company in a research report on Wednesday, February 11th. Finally, Morgan Stanley upped their price target on S&P Global from $620.00 to $627.00 and gave the company an “overweight” rating in a research note on Tuesday, January 13th. One investment analyst has rated the stock with a Strong Buy rating and seventeen have issued a Buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Buy” and a consensus price target of $562.67.

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.