Schroder Investment Management Group Boosts Stake in S&P Global Inc. $SPGI

Schroder Investment Management Group raised its position in S&P Global Inc. (NYSE:SPGI) by 2.5% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 292,928 shares of the business services provider’s stock after purchasing an additional 7,063 shares during the quarter. Schroder Investment Management Group owned 0.10% of S&P Global worth $143,927,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. MTM Investment Management LLC acquired a new position in S&P Global during the second quarter valued at approximately $27,000. J.Safra Asset Management Corp purchased a new position in shares of S&P Global in the 3rd quarter valued at $29,000. Howard Hughes Medical Institute acquired a new position in shares of S&P Global during the 2nd quarter valued at $36,000. First Pacific Financial boosted its position in S&P Global by 51.0% during the 3rd quarter. First Pacific Financial now owns 74 shares of the business services provider’s stock worth $36,000 after purchasing an additional 25 shares during the period. Finally, Ameriflex Group Inc. increased its holdings in S&P Global by 171.4% in the 3rd quarter. Ameriflex Group Inc. now owns 76 shares of the business services provider’s stock valued at $37,000 after purchasing an additional 48 shares in the last quarter. Hedge funds and other institutional investors own 87.17% of the company’s stock.

S&P Global Stock Performance

S&P Global stock opened at $445.69 on Tuesday. S&P Global Inc. has a 52 week low of $381.61 and a 52 week high of $579.05. The company has a current ratio of 0.82, a quick ratio of 0.82 and a debt-to-equity ratio of 0.40. The stock has a market cap of $133.17 billion, a P/E ratio of 30.42, a price-to-earnings-growth ratio of 2.00 and a beta of 1.23. The stock has a 50 day moving average of $481.89 and a 200-day moving average of $496.84.

S&P Global (NYSE:SPGI) last issued its quarterly earnings results on Tuesday, February 10th. The business services provider reported $4.30 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $4.32 by ($0.02). The company had revenue of $3.92 billion during 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 quarterly revenue was up 9.0% on a year-over-year basis. During the same quarter last year, the firm posted $3.77 EPS. S&P Global has set its FY 2026 guidance at 19.400-19.650 EPS. On average, 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 announced a quarterly dividend, which will be paid on Wednesday, March 11th. Stockholders of record on Wednesday, February 25th will be paid a $0.97 dividend. 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 dividend on an annualized basis and a dividend yield of 0.9%. S&P Global’s dividend payout ratio (DPR) is currently 26.48%.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on the company. Bank of America started coverage on S&P Global in a research report on Tuesday, February 17th. They issued a “buy” rating and a $575.00 target price for the company. Morgan Stanley upped their price target on S&P Global from $620.00 to $627.00 and gave the stock an “overweight” rating in a report on Tuesday, January 13th. Evercore set a $625.00 price objective on shares of S&P Global and gave the company an “outperform” rating in a research note on Wednesday, February 11th. The Goldman Sachs Group set a $498.00 target price on shares of S&P Global in a research note on Wednesday, February 11th. Finally, Barclays reaffirmed an “overweight” rating and set a $565.00 price target on shares of S&P Global in a research note on Monday, February 23rd. One equities research analyst has rated the stock with a Strong Buy rating and seventeen have issued a Buy rating to the company. According to MarketBeat, S&P Global has a consensus rating of “Buy” and an average 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.