Kepler Cheuvreux Suisse SA Makes New $9.60 Million Investment in S&P Global Inc. $SPGI

Kepler Cheuvreux Suisse SA acquired a new stake in S&P Global Inc. (NYSE:SPGI) in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 19,730 shares of the business services provider’s stock, valued at approximately $9,603,000.

Other institutional investors also recently modified their holdings of the company. Norges Bank acquired a new stake in S&P Global in the second quarter worth about $2,188,945,000. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main raised its holdings in S&P Global by 3,430.6% during the 2nd quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 1,554,571 shares of the business services provider’s stock worth $819,699,000 after purchasing an additional 1,510,540 shares during the last quarter. TCI Fund Management Ltd. lifted its position in S&P Global by 7.0% during the 2nd quarter. TCI Fund Management Ltd. now owns 11,091,623 shares of the business services provider’s stock valued at $5,848,502,000 after purchasing an additional 730,354 shares during the period. Mizuho Markets Americas LLC lifted its position in S&P Global by 104,031.3% during the 3rd quarter. Mizuho Markets Americas LLC now owns 595,631 shares of the business services provider’s stock valued at $289,900,000 after purchasing an additional 595,059 shares during the period. Finally, ABN AMRO Bank N.V. bought a new position in shares of S&P Global in the 2nd quarter valued at about $310,348,000. 87.17% of the stock is owned by institutional investors.

S&P Global Stock Performance

Shares of SPGI stock opened at $435.28 on Wednesday. The stock has a market cap of $130.06 billion, a PE ratio of 29.71, a price-to-earnings-growth ratio of 1.97 and a beta of 1.23. The stock has a 50-day moving average of $480.05 and a 200-day moving average of $495.99. 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 one year low of $381.61 and a one year high of $579.05.

S&P Global (NYSE:SPGI) last released its quarterly earnings data on Tuesday, February 10th. The business services provider reported $4.30 earnings per share for the quarter, missing the consensus estimate of $4.32 by ($0.02). The firm had revenue of $3.92 billion for the quarter, compared to the consensus estimate of $3.89 billion. S&P Global had a return on equity of 16.56% and a net margin of 29.16%.The firm’s revenue was up 9.0% compared to the same quarter last year. During the same period in the previous year, the business earned $3.77 EPS. S&P Global has set its FY 2026 guidance at 19.400-19.650 EPS. As a group, sell-side analysts expect that S&P Global Inc. will post 17.11 earnings per share for the current year.

S&P Global Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 11th. Stockholders of record on Wednesday, February 25th will be issued a dividend of $0.97 per share. This is a boost from S&P Global’s previous quarterly dividend of $0.96. The ex-dividend date 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 presently 26.48%.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on SPGI shares. Mizuho dropped their price target on shares of S&P Global from $657.00 to $551.00 and set an “outperform” rating for the company in a research note on Thursday, February 12th. William Blair reaffirmed an “outperform” rating on shares of S&P Global in a research note on Monday, November 17th. UBS Group lowered their target price on shares of S&P Global from $620.00 to $550.00 and set a “buy” rating for the company in a report on Tuesday, February 17th. Barclays reiterated an “overweight” rating and set a $565.00 target price on shares of S&P Global in a research report on Monday, February 23rd. Finally, Evercore set a $625.00 price target on S&P Global and gave the company an “outperform” rating in a research note on Wednesday, February 11th. One research analyst has rated the stock with a Strong Buy rating and seventeen have assigned a Buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Buy” and an average target price of $562.67.

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.