S&P Global Inc. $SPGI Stock Sold by Schwartz Investment Counsel Inc.

Schwartz Investment Counsel Inc. reduced its stake in S&P Global Inc. (NYSE:SPGI) by 2.6% during the 3rd quarter, Holdings Channel reports. The fund owned 205,050 shares of the business services provider’s stock after selling 5,500 shares during the period. S&P Global comprises about 2.8% of Schwartz Investment Counsel Inc.’s portfolio, making the stock its 10th biggest position. Schwartz Investment Counsel Inc.’s holdings in S&P Global were worth $80,886,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in SPGI. State Street Corp boosted its stake in shares of S&P Global by 2.2% during 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 acquiring an additional 307,255 shares during the last quarter. Unisphere Establishment raised its stake in S&P Global by 6.5% in the 1st quarter. Unisphere Establishment now owns 2,130,050 shares of the business services provider’s stock valued at $905,995,000 after purchasing an additional 130,050 shares during the last quarter. Bank of America Corp DE acquired a new position in S&P Global in the 2nd quarter valued at about $865,892,000. Soroban Capital Partners LP raised its stake in S&P Global by 260.3% in the 1st quarter. Soroban Capital Partners LP now owns 1,688,643 shares of the business services provider’s stock valued at $718,247,000 after purchasing an additional 1,219,990 shares during the last quarter. Finally, EdgePoint Investment Group Inc. acquired a new position in S&P Global in the 1st quarter valued at about $702,911,000. 87.17% of the stock is currently owned by hedge funds and other institutional investors.

Key S&P Global News

Here are the key news stories impacting S&P Global this week:

• Positive Sentiment: Q3 results exceeded expectations: S&P Global reported adjusted earnings of $4.58 per share versus the $4.43 consensus estimate, while revenue rose 6.8% year over year to $3.68 billion, ahead of estimates. Growth was led by the Indices and Market Intelligence businesses. S&P Global Beats Q3 Earnings on Indices & Market Intelligence
• Positive Sentiment: Full-year outlook and capital returns support sentiment: Management raised its 2026 outlook, and share repurchases are expected to exceed $7 billion for the year. The stronger guidance reinforces the company’s earnings momentum and shareholder-return profile. S&P Global Beats Earnings Estimates. A Major Shake-Up Could Be Coming.
• Positive Sentiment: Expansion into emerging markets: S&P Global completed its OpenZeppelin acquisition, adding expertise in onchain security and digital-asset risk assessment. It also expanded its indices business through a collaboration with Kalshi for prediction-market contracts, potentially creating new licensing opportunities. S&P Global Completes Acquisition of OpenZeppelin
• Neutral Sentiment: Capital IQ strategic review: S&P Global is evaluating alternatives for Capital IQ and related data businesses, including a possible separation. A transaction could unlock value by highlighting the assets’ standalone worth, but no decision or timetable has been announced. S&P Global explores potential separation of Capital IQ business
• Negative Sentiment: Investors are focused on execution and valuation risks: The potential Capital IQ spinoff introduces uncertainty over future revenue mix, costs and strategic direction. That concern appears to be outweighing the earnings beat in the near term, particularly as commentary has characterized SPGI as fully valued after its recent advance. S&P Global Drops as Investors Weigh Capital IQ Spinoff Math

S&P Global Trading Down 0.2%

S&P Global stock opened at $449.77 on Wednesday. The stock has a fifty day moving average price of $419.64 and a 200 day moving average price of $432.90. S&P Global Inc. has a 52 week low of $381.61 and a 52 week high of $552.25.

S&P Global (NYSE:SPGI) last issued its quarterly earnings results on Tuesday, October 27th. The business services provider reported $4.58 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.43 by $0.15. The business had revenue of $3.68 billion during the quarter, compared to analyst estimates of $3.64 billion. The firm’s quarterly revenue was up 6.8% on a year-over-year basis. During the same period in the previous year, the business posted $4.73 earnings per share. On average, analysts anticipate that S&P Global Inc. will post 17.69 earnings per share for the current year.

S&P Global Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, December 10th. Stockholders of record on Wednesday, November 25th will be issued a dividend of $0.97 per share. This represents a $3.88 annualized dividend and a dividend yield of 0.9%. The ex-dividend date is Wednesday, November 25th.

Analyst Ratings Changes

A number of research analysts have issued reports on SPGI shares. Bank of America reduced their target price on shares of S&P Global from $575.00 to $550.00 and set a “buy” rating on the stock in a report on Friday, July 10th. Morgan Stanley cut their price objective on shares of S&P Global from $525.00 to $477.00 and set an “overweight” rating for the company in a research report on Wednesday, October 7th. Royal Bank Of Canada reissued an “outperform” rating and issued a $510.00 price objective on shares of S&P Global in a research report on Wednesday, August 26th. Mizuho reduced their price objective on shares of S&P Global from $554.00 to $531.00 and set an “outperform” rating on the stock in a research note on Monday, October 5th. Finally, Jefferies Financial Group restated a “buy” rating and set a $490.00 target price on shares of S&P Global in a research report on Friday, October 16th. Eighteen investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat.com, S&P Global currently has a consensus rating of “Moderate Buy” and a consensus target price of $515.88.

S&P Global Profile

S&P Global (NYSE: SPGI) is a global provider of financial information, analytics, benchmarks and credit ratings. Its services are used by investors, corporations, governments and other organizations to evaluate risk, assess markets, support investment decisions and manage business operations.

The company operates through businesses including S&P Global Ratings, which provides credit ratings and related research; S&P Global Market Intelligence, which delivers data, research and analytics on companies, markets and industries; and S&P Global Commodity Insights, which supplies information and analysis for energy and commodity markets.