B. Metzler seel. Sohn & Co. AG Grows Holdings in S&P Global Inc. $SPGI

B. Metzler seel. Sohn & Co. AG raised its position in S&P Global Inc. (NYSE:SPGI) by 2.3% during the third quarter, Holdings Channel reports. The firm owned 427,735 shares of the business services provider’s stock after buying an additional 9,485 shares during the quarter. S&P Global comprises 1.8% of B. Metzler seel. Sohn & Co. AG’s portfolio, making the stock its 14th largest holding. B. Metzler seel. Sohn & Co. AG’s holdings in S&P Global were worth $208,183,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of SPGI. Jones Financial Companies Lllp lifted its stake in S&P Global by 17.7% during the third quarter. Jones Financial Companies Lllp now owns 66,809 shares of the business services provider’s stock worth $32,541,000 after purchasing an additional 10,044 shares during the last quarter. Avantax Advisory Services Inc. grew its position in S&P Global by 4.1% during the 2nd quarter. Avantax Advisory Services Inc. now owns 21,457 shares of the business services provider’s stock worth $11,314,000 after purchasing an additional 850 shares during the last quarter. Prime Capital Investment Advisors LLC grew its holdings in shares of S&P Global by 324.8% during the third quarter. Prime Capital Investment Advisors LLC now owns 28,094 shares of the business services provider’s stock worth $13,673,000 after buying an additional 21,481 shares during the last quarter. Envestnet Asset Management Inc. increased its holdings in shares of S&P Global by 3.3% in the third quarter. Envestnet Asset Management Inc. now owns 938,251 shares of the business services provider’s stock valued at $456,656,000 after purchasing an additional 30,080 shares during the period. Finally, Collier Financial purchased a new position in S&P Global during the 3rd quarter worth $2,865,000. 87.17% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on the company. BMO Capital Markets cut their target price on S&P Global from $601.00 to $482.00 and set an “outperform” rating for the company in a research note on Wednesday, February 11th. Mizuho lowered their price target on shares of S&P Global from $657.00 to $551.00 and set an “outperform” rating on the stock in a research report on Thursday, February 12th. Barclays reiterated an “overweight” rating and set a $565.00 price objective on shares of S&P Global in a research report on Monday, February 23rd. Robert W. Baird set a $546.00 price target on S&P Global in a research note on Wednesday, February 11th. Finally, Evercore set a $625.00 target price on shares of S&P Global and gave the stock an “outperform” rating in a research report on Wednesday, February 11th. One research analyst has rated the stock with a Strong Buy rating and seventeen have given a Buy rating to the company’s stock. Based on data from MarketBeat.com, S&P Global has a consensus rating of “Buy” and a consensus target price of $562.67.

S&P Global Stock Up 0.3%

Shares of NYSE:SPGI opened at $452.52 on Friday. The firm has a market cap of $135.21 billion, a PE ratio of 30.89, a price-to-earnings-growth ratio of 2.00 and a beta of 1.23. The company has a fifty day simple moving average of $483.57 and a 200 day simple moving average of $498.01. 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.

S&P Global (NYSE:SPGI) last issued its quarterly earnings results on Tuesday, February 10th. The business services provider reported $4.30 EPS for the quarter, missing the consensus estimate of $4.32 by ($0.02). S&P Global had a return on equity of 16.56% and a net margin of 29.16%.The company had revenue of $3.92 billion for the quarter, compared to the consensus estimate of $3.89 billion. During the same period in the previous year, the business posted $3.77 EPS. The business’s revenue for the quarter was up 9.0% on a year-over-year basis. 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 EPS for the current fiscal year.

S&P Global Increases Dividend

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

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.