S&P Global Inc. $SPGI Position Increased by Generate Investment Management Ltd

Generate Investment Management Ltd increased its holdings in shares of S&P Global Inc. (NYSE:SPGI) by 33.3% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 40,000 shares of the business services provider’s stock after purchasing an additional 10,000 shares during the period. Generate Investment Management Ltd’s holdings in S&P Global were worth $15,779,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of SPGI. State Street Corp increased its stake in S&P Global by 2.2% in the second quarter. State Street Corp now owns 14,482,789 shares of the business services provider’s stock valued at $5,898,261,000 after purchasing an additional 307,255 shares during the period. Unisphere Establishment boosted its stake in shares of S&P Global by 6.5% during the first quarter. Unisphere Establishment now owns 2,130,050 shares of the business services provider’s stock worth $905,995,000 after buying an additional 130,050 shares during the period. Bank of America Corp DE acquired a new stake in shares of S&P Global during the second quarter worth about $865,892,000. Soroban Capital Partners LP boosted its stake in shares of S&P Global by 260.3% during the first quarter. Soroban Capital Partners LP now owns 1,688,643 shares of the business services provider’s stock worth $718,247,000 after buying an additional 1,219,990 shares during the period. Finally, EdgePoint Investment Group Inc. purchased a new position in shares of S&P Global during the first quarter worth about $702,911,000. 87.17% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on SPGI. JPMorgan Chase & Co. dropped their price target on S&P Global from $555.00 to $530.00 and set an “overweight” rating on the stock in a research report on Wednesday, July 29th. BMO Capital Markets decreased their price objective on S&P Global from $505.00 to $500.00 and set an “outperform” rating for the company in a research report on Tuesday. Wall Street Zen upgraded S&P Global to a “hold” rating in a research note on Saturday, September 5th. Royal Bank Of Canada reissued an “outperform” rating and issued a $510.00 target price on shares of S&P Global in a report on Wednesday, August 26th. Finally, Mizuho dropped their target price on S&P Global from $554.00 to $531.00 and set an “outperform” rating on the stock in a report on Monday, October 5th. Eighteen analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, S&P Global presently has an average rating of “Moderate Buy” and an average target price of $519.12.

S&P Global Stock Performance

S&P Global stock traded down $3.43 during trading hours on Wednesday, reaching $406.56. 404,347 shares of the stock were exchanged, compared to its average volume of 2,199,848. S&P Global Inc. has a 52-week low of $381.61 and a 52-week high of $552.25. The stock has a market cap of $119.85 billion, a P/E ratio of 24.81, a P/E/G ratio of 1.99 and a beta of 1.09. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.95 and a current ratio of 0.95. The firm’s 50 day moving average is $415.07 and its 200 day moving average is $421.22.

S&P Global (NYSE:SPGI) last issued its earnings results on Tuesday, July 28th. The business services provider reported $4.83 earnings per share for the quarter, beating the consensus estimate of $4.81 by $0.02. The business had revenue of $4.15 billion for the quarter, compared to the consensus estimate of $4.09 billion. S&P Global had a net margin of 31.37% and a return on equity of 17.74%. The business’s quarterly revenue was up 10.4% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $4.43 earnings per share. S&P Global has set its FY 2026 guidance at 17.500-17.750 EPS. Analysts predict that S&P Global Inc. will post 17.72 EPS for the current fiscal year.

S&P Global Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 10th. Investors of record on Wednesday, November 25th will be given a $0.97 dividend. The ex-dividend date is Wednesday, November 25th. This represents a $3.88 dividend on an annualized basis and a yield of 1.0%. S&P Global’s dividend payout ratio (DPR) is presently 23.69%.

S&P Global Profile

S&P Global Inc (NYSE: SPGI) is a global provider of financial information, analytics, benchmarks and credit ratings. The company serves financial institutions, corporations, governments and other organizations by helping them assess credit risk, evaluate markets, manage portfolios, analyze supply chains and make business decisions.

Its principal businesses include S&P Global Ratings, which provides credit ratings, research and related analytical services; S&P Global Market Intelligence, which delivers financial and industry data, research and workflow solutions; and S&P Global Commodity Insights, which supplies pricing information, market analysis and intelligence for energy and commodities markets.