Union Bancaire Privee UBP SA Reduces Stock Position in S&P Global Inc. $SPGI

Union Bancaire Privee UBP SA reduced its position in shares of S&P Global Inc. (NYSE:SPGI) by 6.0% in the fourth quarter, HoldingsChannel.com reports. The firm owned 135,590 shares of the business services provider’s stock after selling 8,596 shares during the period. S&P Global comprises 1.2% of Union Bancaire Privee UBP SA’s investment portfolio, making the stock its 16th largest position. Union Bancaire Privee UBP SA’s holdings in S&P Global were worth $77,870,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of the business. Hamilton Capital LLC lifted its holdings in S&P Global by 4.5% in the 2nd quarter. Hamilton Capital LLC now owns 418 shares of the business services provider’s stock worth $220,000 after buying an additional 18 shares during the period. Sand Hill Global Advisors LLC raised its holdings in shares of S&P Global by 3.1% during the second quarter. Sand Hill Global Advisors LLC now owns 632 shares of the business services provider’s stock valued at $333,000 after acquiring an additional 19 shares in the last quarter. Chemistry Wealth Management LLC lifted its stake in S&P Global by 0.4% in the third quarter. Chemistry Wealth Management LLC now owns 4,895 shares of the business services provider’s stock worth $2,382,000 after acquiring an additional 21 shares during the period. Forbes J M & Co. LLP lifted its stake in S&P Global by 3.5% in the third quarter. Forbes J M & Co. LLP now owns 627 shares of the business services provider’s stock worth $305,000 after acquiring an additional 21 shares during the period. Finally, Centerpoint Advisors LLC boosted its holdings in S&P Global by 2.5% in the third quarter. Centerpoint Advisors LLC now owns 859 shares of the business services provider’s stock valued at $418,000 after acquiring an additional 21 shares in the last quarter. 87.17% of the stock is owned by institutional investors.

S&P Global Trading Down 0.2%

Shares of NYSE SPGI opened at $425.96 on Friday. 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 $465.54 and a 200 day moving average of $490.72. The stock has a market cap of $127.28 billion, a P/E ratio of 29.08, a price-to-earnings-growth ratio of 1.89 and a beta of 1.23.

S&P Global (NYSE:SPGI) last announced its quarterly earnings data 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 business had revenue of $3.92 billion during the quarter, compared to analysts’ expectations of $3.89 billion. During the same quarter last year, the company posted $3.77 EPS. S&P Global’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. As a group, sell-side analysts expect that S&P Global Inc. will post 17.11 EPS for the current fiscal year.

S&P Global Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, March 11th. Shareholders of record on Wednesday, February 25th were paid a dividend of $0.97 per share. 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 dividend on an annualized basis and a yield of 0.9%. S&P Global’s dividend payout ratio (DPR) is presently 26.48%.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on the stock. Morgan Stanley boosted their price objective on shares of S&P Global from $620.00 to $627.00 and gave the company an “overweight” rating in a research report on Tuesday, January 13th. Evercore set a $625.00 target price on shares of S&P Global and gave the company an “outperform” rating in a research note on Wednesday, February 11th. UBS Group reduced their price target on shares of S&P Global from $620.00 to $550.00 and set a “buy” rating on the stock in a research report on Tuesday, February 17th. Bank of America started coverage on shares of S&P Global in a research note on Tuesday, February 17th. They issued a “buy” rating and a $575.00 price target for the company. Finally, Wells Fargo & Company cut their price objective on S&P Global from $675.00 to $530.00 and set an “overweight” rating on the stock in a research report on Wednesday, February 11th. One analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Buy” and an average target price of $563.53.

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.