5,359 Shares in S&P Global Inc. $SPGI Bought by Munich Reinsurance Co Stock Corp in Munich

Munich Reinsurance Co Stock Corp in Munich bought a new position in shares of S&P Global Inc. (NYSE:SPGI) during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 5,359 shares of the business services provider’s stock, valued at approximately $2,608,000.

Several other hedge funds and other institutional investors have also made changes to their positions in SPGI. Ameriflex Group Inc. boosted its position in shares of S&P Global by 171.4% in the 3rd quarter. Ameriflex Group Inc. now owns 76 shares of the business services provider’s stock worth $37,000 after buying an additional 48 shares in the last quarter. Blair William & Co. IL boosted its stake in shares of S&P Global by 4.1% during the 3rd quarter. Blair William & Co. IL now owns 214,509 shares of the business services provider’s stock worth $104,403,000 after purchasing an additional 8,514 shares during the last quarter. HUB Investment Partners LLC grew its holdings in shares of S&P Global by 8.2% during the third quarter. HUB Investment Partners LLC now owns 1,257 shares of the business services provider’s stock worth $612,000 after buying an additional 95 shares in the last quarter. Modern Wealth Management LLC lifted its stake in shares of S&P Global by 2.8% during the third quarter. Modern Wealth Management LLC now owns 1,107 shares of the business services provider’s stock valued at $538,000 after buying an additional 30 shares during the period. Finally, Neuberger Berman Group LLC raised its holdings in S&P Global by 1.5% in the 3rd quarter. Neuberger Berman Group LLC now owns 1,720,364 shares of the business services provider’s stock valued at $837,409,000 after acquiring an additional 25,574 shares during the last quarter. Institutional investors and hedge funds own 87.17% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have issued reports on SPGI shares. Bank of America assumed coverage on S&P Global in a research note on Tuesday, February 17th. They issued a “buy” rating and a $575.00 price target on the stock. Robert W. Baird set a $546.00 price objective on S&P Global in a report on Wednesday, February 11th. Barclays reiterated an “overweight” rating and issued a $565.00 target price on shares of S&P Global in a report on Monday, February 23rd. UBS Group dropped 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. Finally, Evercore set a $625.00 price target on S&P Global and gave the company an “outperform” rating in a report on Wednesday, February 11th. One investment analyst has rated the stock with a Strong Buy rating and seventeen have issued a Buy rating to the company’s stock. According to data from MarketBeat.com, S&P Global has a consensus rating of “Buy” and a consensus price target of $562.67.

S&P Global Stock Performance

NYSE:SPGI opened at $452.52 on Friday. The stock has a market cap of $135.21 billion, a P/E ratio of 30.89, a PEG ratio of 2.00 and a beta of 1.23. S&P Global Inc. has a 1-year low of $381.61 and a 1-year high of $579.05. The company has a debt-to-equity ratio of 0.40, a current ratio of 0.82 and a quick ratio of 0.82. The firm has a 50-day moving average of $483.57 and a two-hundred day moving average of $498.01.

S&P Global (NYSE:SPGI) last released its quarterly 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 for the quarter, compared to analyst estimates of $3.89 billion. During the same period in the previous year, the business posted $3.77 EPS. The firm’s quarterly revenue 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. On average, research analysts expect that S&P Global Inc. will post 17.11 earnings per share for the current fiscal year.

S&P Global Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, March 11th. Investors of record on Wednesday, February 25th will be issued a $0.97 dividend. This is a positive change from S&P Global’s previous quarterly dividend of $0.96. The ex-dividend date of this dividend is Wednesday, February 25th. This represents a $3.88 annualized dividend and a dividend yield of 0.9%. S&P Global’s dividend payout ratio (DPR) 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.