American Century Companies Inc. Acquires 18,189 Shares of S&P Global Inc. $SPGI

American Century Companies Inc. lifted its holdings in S&P Global Inc. (NYSE:SPGI) by 2.5% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 748,725 shares of the business services provider’s stock after buying an additional 18,189 shares during the quarter. American Century Companies Inc.’s holdings in S&P Global were worth $364,414,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of the business. MTM Investment Management LLC purchased a new stake in S&P Global in 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 worth about $29,000. Spurstone Advisory Services LLC bought a new position in shares of S&P Global in the second quarter worth about $34,000. Howard Hughes Medical Institute purchased a new position in S&P Global in the 2nd quarter worth about $36,000. Finally, First Pacific Financial lifted its holdings in S&P Global by 51.0% during the 3rd quarter. First Pacific Financial now owns 74 shares of the business services provider’s stock valued at $36,000 after buying an additional 25 shares in the last quarter. Hedge funds and other institutional investors own 87.17% of the company’s stock.

S&P Global Trading Up 0.9%

NYSE:SPGI opened at $441.48 on Friday. The company has a market capitalization of $131.91 billion, a P/E ratio of 30.13, a PEG ratio of 1.94 and a beta of 1.20. The company has a current ratio of 0.82, a quick ratio of 0.82 and a debt-to-equity ratio of 0.40. S&P Global Inc. has a 12 month low of $381.61 and a 12 month high of $579.05. The firm has a fifty day simple moving average of $491.39 and a 200-day simple moving average of $502.26.

S&P Global (NYSE:SPGI) last released its 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 firm had revenue of $3.92 billion during the quarter, compared to analyst estimates of $3.89 billion. S&P Global had a net margin of 29.16% and a return on equity of 16.56%. S&P Global’s revenue was up 9.0% on a year-over-year basis. During the same period in the previous 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, equities research analysts anticipate that S&P Global Inc. will post 17.11 earnings per share for the current year.

S&P Global Increases Dividend

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

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on the stock. Wells Fargo & Company dropped their target price on shares of S&P Global from $675.00 to $530.00 and set an “overweight” rating on the stock in a research note on Wednesday, February 11th. William Blair reiterated an “outperform” rating on shares of S&P Global in a report on Monday, November 17th. Weiss Ratings reissued a “buy (b-)” rating on shares of S&P Global in a research note on Monday, December 29th. Morgan Stanley raised their price objective on S&P Global from $620.00 to $627.00 and gave the stock an “overweight” rating in a report on Tuesday, January 13th. Finally, JPMorgan Chase & Co. lowered their target price on S&P Global from $635.00 to $615.00 and set an “overweight” rating for the company in a report on Friday, October 31st. One research analyst has rated the stock with a Strong Buy rating and seventeen have assigned a Buy rating to the company’s stock. According to MarketBeat, the company has a consensus 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.