S&P Global Inc. $SPGI Holdings Boosted by Mufg Securities Americas Inc.

Mufg Securities Americas Inc. lifted its stake in shares of S&P Global Inc. (NYSE:SPGI) by 21.1% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 8,427 shares of the business services provider’s stock after purchasing an additional 1,470 shares during the quarter. Mufg Securities Americas Inc.’s holdings in S&P Global were worth $4,102,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in SPGI. MTM Investment Management LLC acquired a new stake in S&P Global in the second quarter worth $27,000. J.Safra Asset Management Corp acquired a new stake in shares of S&P Global in the 3rd quarter worth about $29,000. Spurstone Advisory Services LLC acquired a new stake in shares of S&P Global in the 2nd quarter worth about $34,000. Howard Hughes Medical Institute bought a new stake in S&P Global in the 2nd quarter valued at about $36,000. Finally, First Pacific Financial boosted its stake 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 purchasing an additional 25 shares during the period. Institutional investors and hedge funds own 87.17% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have commented on the stock. Wells Fargo & Company dropped their price target 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 research report on Monday, November 17th. Royal Bank Of Canada lowered their target price on S&P Global from $620.00 to $560.00 and set an “outperform” rating on the stock in a research report on Wednesday, February 11th. The Goldman Sachs Group set a $498.00 target price on S&P Global in a research note on Wednesday, February 11th. Finally, UBS Group decreased their price target on S&P Global from $620.00 to $550.00 and set a “buy” rating for the company in a research note on Tuesday, February 17th. One equities research analyst has rated the stock with a Strong Buy rating and seventeen have given a Buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Buy” and an average price target of $562.67.

S&P Global Price Performance

Shares of NYSE:SPGI opened at $404.54 on Tuesday. The stock has a market cap of $120.88 billion, a price-to-earnings ratio of 27.61, a PEG ratio of 1.85 and a beta of 1.20. The company has a debt-to-equity ratio of 0.40, a current ratio of 0.82 and a quick ratio of 0.82. S&P Global Inc. has a 12 month low of $381.61 and a 12 month high of $579.05. The stock’s 50 day moving average price is $497.52 and its 200 day moving average price is $505.05.

S&P Global (NYSE:SPGI) last issued its quarterly earnings results on Tuesday, February 10th. The business services provider reported $4.30 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $4.32 by ($0.02). S&P Global had a net margin of 29.16% and a return on equity of 16.56%. The firm 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 earnings per share. The business’s revenue for the quarter was up 9.0% compared to the same quarter last year. S&P Global has set its FY 2026 guidance at 19.400-19.650 EPS. Equities research analysts anticipate that S&P Global Inc. will post 17.11 earnings per share 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. Shareholders of record on Wednesday, February 25th will be given a $0.97 dividend. This represents a $3.88 annualized dividend and a yield of 1.0%. This is a boost from S&P Global’s previous quarterly dividend of $0.96. The ex-dividend date is Wednesday, February 25th. S&P Global’s dividend payout ratio (DPR) is presently 26.48%.

About S&P Global

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.