S&P Global Inc. $SPGI Stock Position Raised by Bristol John W & Co. Inc. NY

Bristol John W & Co. Inc. NY grew its position in shares of S&P Global Inc. (NYSE:SPGI) by 19.7% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 180,790 shares of the business services provider’s stock after buying an additional 29,766 shares during the quarter. Bristol John W & Co. Inc. NY owned approximately 0.06% of S&P Global worth $87,992,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also made changes to their positions in SPGI. Norges Bank bought a new position in S&P Global during the second quarter valued at approximately $2,188,945,000. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main lifted its stake in S&P Global by 3,430.6% in the second quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 1,554,571 shares of the business services provider’s stock valued at $819,699,000 after acquiring an additional 1,510,540 shares during the last quarter. TCI Fund Management Ltd. grew its position in S&P Global by 7.0% in the second quarter. TCI Fund Management Ltd. now owns 11,091,623 shares of the business services provider’s stock worth $5,848,502,000 after acquiring an additional 730,354 shares in the last quarter. Mizuho Markets Americas LLC grew its position in S&P Global by 104,031.3% in the third quarter. Mizuho Markets Americas LLC now owns 595,631 shares of the business services provider’s stock worth $289,900,000 after acquiring an additional 595,059 shares in the last quarter. Finally, ABN AMRO Bank N.V. acquired a new position in shares of S&P Global during the 2nd quarter worth $310,348,000. Institutional investors own 87.17% of the company’s stock.

S&P Global Stock Down 2.2%

SPGI stock opened at $419.70 on Friday. The stock has a market capitalization of $125.41 billion, a price-to-earnings ratio of 28.65, a price-to-earnings-growth ratio of 1.90 and a beta of 1.23. The company has a 50-day moving average of $476.12 and a two-hundred day moving average of $494.99. S&P Global Inc. has a 52-week low of $381.61 and a 52-week 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.

S&P Global (NYSE:SPGI) last posted 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). S&P Global had a return on equity of 16.56% and a net margin of 29.16%.The business had revenue of $3.92 billion for the quarter, compared to analyst estimates of $3.89 billion. During the same period in the prior year, the firm posted $3.77 EPS. S&P Global’s revenue for the quarter 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, equities research analysts anticipate that S&P Global Inc. will post 17.11 EPS for the current year.

S&P Global Increases Dividend

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

Analyst Upgrades and Downgrades

SPGI has been the subject of several analyst reports. Barclays reaffirmed an “overweight” rating and issued a $565.00 price objective on shares of S&P Global in a research note on Monday, February 23rd. Bank of America started coverage on S&P Global in a report on Tuesday, February 17th. They set a “buy” rating and a $575.00 target price on the stock. Evercore set a $625.00 price target on S&P Global and gave the stock an “outperform” rating in a research report on Wednesday, February 11th. Wells Fargo & Company decreased their price target on S&P Global from $675.00 to $530.00 and set an “overweight” rating for the company in a research note on Wednesday, February 11th. Finally, Mizuho lowered their price objective on S&P Global from $657.00 to $551.00 and set an “outperform” rating on the stock in a report on Thursday, February 12th. One investment analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus target price of $562.67.

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.