Andra AP fonden Raises Position in S&P Global Inc. $SPGI

Andra AP fonden boosted its holdings in shares of S&P Global Inc. (NYSE:SPGI) by 166.0% in the 1st quarter, Holdings Channel.com reports. The institutional investor owned 41,514 shares of the business services provider’s stock after buying an additional 25,910 shares during the period. Andra AP fonden’s holdings in S&P Global were worth $17,658,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of the stock. Joseph Group Capital Management bought a new stake in S&P Global during the fourth quarter valued at approximately $29,000. North Star Investment Management Corp. grew its stake in S&P Global by 134.6% in the 4th quarter. North Star Investment Management Corp. now owns 61 shares of the business services provider’s stock worth $32,000 after buying an additional 35 shares in the last quarter. Palladiem LLC purchased a new stake in S&P Global during the fourth quarter valued at about $36,000. Palisade Asset Management LLC bought a new stake in S&P Global during the third quarter worth about $36,000. Finally, Swiss RE Ltd. bought a new stake in S&P Global during the fourth quarter worth about $39,000. 87.17% of the stock is currently owned by institutional investors.

S&P Global News Roundup

Here are the key news stories impacting S&P Global this week:

• Positive Sentiment: JPMorgan Chase & Co. raised its price target on S&P Global to $555 from $535 and reiterated an overweight rating, signaling confidence in roughly 24% upside from the current share price. Benzinga article
• Positive Sentiment: Wells Fargo maintained its buy rating on S&P Global, and other market commentary highlighted the stock as one of the more attractive large-cap financial names. Wells Fargo article
• Positive Sentiment: Stifel Nicolaus said S&P Global’s stock price is expected to rise, adding to the recent stream of bullish analyst sentiment. Stifel article
• Neutral Sentiment: Investor discussion has also been favorable, with value-investing communities arguing that S&P Global may be a better buy than SpaceX; however, this is more sentiment-driven than a direct business catalyst. Insider Monkey article
• Negative Sentiment: Erste Group Bank cut its FY2027 EPS estimates for S&P Global, which could pressure expectations for future earnings growth. American Banking News article
• Negative Sentiment: Another Erste Group note also pointed to reduced earnings expectations for the company, reinforcing concerns around longer-term profit outlook. American Banking News article

S&P Global Stock Performance

S&P Global stock opened at $448.52 on Tuesday. The company has a current ratio of 0.68, a quick ratio of 0.68 and a debt-to-equity ratio of 0.34. The firm has a market cap of $132.76 billion, a P/E ratio of 28.39, a P/E/G ratio of 2.18 and a beta of 1.08. S&P Global Inc. has a 1-year low of $381.61 and a 1-year high of $579.05. The firm has a 50-day moving average of $421.91 and a 200-day moving average of $444.17.

S&P Global (NYSE:SPGI) last announced its quarterly earnings results on Tuesday, April 28th. The business services provider reported $4.97 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.82 by $0.15. S&P Global had a return on equity of 17.26% and a net margin of 30.37%.The company had revenue of $4.17 billion for the quarter, compared to the consensus estimate of $4.08 billion. During the same quarter in the previous year, the business earned $4.37 EPS. S&P Global’s revenue was up 10.4% compared to the same quarter last year. S&P Global has set its FY 2026 guidance at 19.400-19.650 EPS. Sell-side analysts expect that S&P Global Inc. will post 19.32 EPS for the current year.

S&P Global Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 10th. Investors of record on Wednesday, August 26th will be paid a $0.97 dividend. The ex-dividend date of this dividend is Wednesday, August 26th. This represents a $3.88 dividend on an annualized basis and a yield of 0.9%. S&P Global’s dividend payout ratio (DPR) is presently 24.56%.

Analyst Ratings Changes

Several equities analysts have recently commented on SPGI shares. Weiss Ratings reiterated a “hold (c)” rating on shares of S&P Global in a research report on Monday, July 6th. Wall Street Zen raised shares of S&P Global to a “hold” rating in a report on Saturday, July 4th. The Goldman Sachs Group decreased their target price on shares of S&P Global from $539.00 to $490.00 and set a “buy” rating on the stock in a research report on Wednesday, July 1st. UBS Group lowered their price target on shares of S&P Global from $550.00 to $525.00 and set a “buy” rating for the company in a research note on Tuesday, July 7th. Finally, Stifel Nicolaus lifted their price target on S&P Global from $489.00 to $521.00 and gave the stock a “buy” rating in a research note on Friday. Seventeen research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $535.06.

Insider Buying and Selling

In related news, CEO Martina Cheung purchased 2,322 shares of the business’s stock in a transaction that occurred on Wednesday, April 29th. The shares were acquired at an average price of $429.93 per share, for a total transaction of $998,297.46. Following the completion of the acquisition, the chief executive officer directly owned 27,518 shares in the company, valued at approximately $11,830,813.74. The trade was a 9.22% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CEO Catherine R. Clay acquired 2,500 shares of S&P Global stock in a transaction on Friday, May 1st. The shares were bought at an average cost of $431.39 per share, for a total transaction of $1,078,475.00. Following the completion of the transaction, the chief executive officer owned 2,500 shares in the company, valued at approximately $1,078,475. This trade represents a ∞ increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders acquired 5,974 shares of company stock valued at $2,576,775 over the last quarter. 0.03% of the stock is owned by company insiders.

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.