Central Bank & Trust Co. Has $9.40 Million Holdings in S&P Global Inc. $SPGI

Central Bank & Trust Co. increased its stake in shares of S&P Global Inc. (NYSE:SPGI) by 15.2% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 17,979 shares of the business services provider’s stock after buying an additional 2,368 shares during the quarter. S&P Global accounts for about 1.5% of Central Bank & Trust Co.’s investment portfolio, making the stock its 17th largest position. Central Bank & Trust Co.’s holdings in S&P Global were worth $9,396,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also bought and sold shares of the company. J.Safra Asset Management Corp bought a new stake in S&P Global in the third quarter valued at $29,000. Howard Hughes Medical Institute acquired a new stake in shares of S&P Global in the 2nd quarter valued at $36,000. First Pacific Financial grew its holdings in shares of S&P Global by 51.0% in the 3rd quarter. First Pacific Financial now owns 74 shares of the business services provider’s stock worth $36,000 after purchasing an additional 25 shares during the last quarter. Palisade Asset Management LLC bought a new stake in shares of S&P Global in the 3rd quarter worth about $36,000. Finally, Ameriflex Group Inc. increased its position in shares of S&P Global by 171.4% during the 3rd quarter. Ameriflex Group Inc. now owns 76 shares of the business services provider’s stock worth $37,000 after purchasing an additional 48 shares in the last quarter. Institutional investors and hedge funds own 87.17% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have commented on the stock. Barclays restated an “overweight” rating and issued a $565.00 price target on shares of S&P Global in a research report on Monday, February 23rd. Mizuho dropped their price objective on shares of S&P Global from $657.00 to $551.00 and set an “outperform” rating for the company in a report on Thursday, February 12th. Robert W. Baird set a $546.00 target price on shares of S&P Global in a research note on Wednesday, February 11th. BMO Capital Markets increased their price target on S&P Global from $482.00 to $495.00 and gave the stock an “outperform” rating in a research report on Tuesday, March 17th. Finally, Weiss Ratings cut S&P Global from a “buy (b-)” rating to a “hold (c+)” rating in a report on Wednesday, March 11th. One investment analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat, S&P Global currently has a consensus rating of “Buy” and an average target price of $563.53.

S&P Global Stock Up 1.0%

Shares of NYSE:SPGI opened at $428.53 on Tuesday. The company has a quick ratio of 0.82, a current ratio of 0.82 and a debt-to-equity ratio of 0.40. The firm has a market cap of $128.05 billion, a P/E ratio of 29.25, a P/E/G ratio of 1.88 and a beta of 1.23. S&P Global Inc. has a 12 month low of $381.61 and a 12 month high of $579.05. The company’s 50-day moving average price is $460.86 and its two-hundred day moving average price is $488.38.

S&P Global (NYSE:SPGI) last announced its earnings results on Tuesday, February 10th. The business services provider reported $4.30 earnings per share for the quarter, missing analysts’ consensus estimates 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 during the quarter, compared to the consensus estimate of $3.89 billion. During the same period in the prior year, the firm posted $3.77 earnings per share. The company’s revenue 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. As a group, research analysts forecast that S&P Global Inc. will post 17.11 EPS for the current fiscal year.

S&P Global Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, March 11th. Investors of record on Wednesday, February 25th were given a $0.97 dividend. This is a boost from S&P Global’s previous quarterly dividend of $0.96. The ex-dividend date was Wednesday, February 25th. This represents a $3.88 annualized dividend and a yield of 0.9%. S&P Global’s dividend payout ratio is presently 26.48%.

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.