S&P Global Inc. $SPGI Shares Sold by Landscape Capital Management L.L.C.

Landscape Capital Management L.L.C. trimmed its holdings in shares of S&P Global Inc. (NYSE:SPGI) by 37.9% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 11,500 shares of the business services provider’s stock after selling 7,017 shares during the period. Landscape Capital Management L.L.C.’s holdings in S&P Global were worth $4,683,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently modified their holdings of SPGI. Joseph Group Capital Management acquired a new position in shares of S&P Global in the 4th quarter valued at about $29,000. North Star Investment Management Corp. raised its stake in S&P Global by 134.6% during the fourth quarter. North Star Investment Management Corp. now owns 61 shares of the business services provider’s stock worth $32,000 after acquiring an additional 35 shares during the period. Palladiem LLC acquired a new stake in S&P Global during the fourth quarter worth about $36,000. Palisade Asset Management LLC acquired a new stake in S&P Global during the third quarter worth about $36,000. Finally, Swiss RE Ltd. bought a new position in S&P Global in the fourth quarter worth about $39,000. 87.17% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

SPGI has been the subject of a number of research reports. Daiwa Securities Group decreased their target price on S&P Global from $490.00 to $485.00 and set an “outperform” rating for the company in a research note on Wednesday, May 20th. Jefferies Financial Group boosted their price target on shares of S&P Global from $500.00 to $535.00 and gave the company a “buy” rating in a report on Monday, April 27th. Barclays lowered their price target on shares of S&P Global from $555.00 to $553.00 and set an “overweight” rating for the company in a research report on Wednesday, July 29th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of S&P Global in a report on Monday, July 6th. Finally, The Goldman Sachs Group cut their price objective on shares of S&P Global from $539.00 to $490.00 and set a “buy” rating on the stock in a research report on Wednesday, July 1st. Eighteen research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $523.59.

S&P Global Stock Performance

Shares of SPGI stock opened at $431.10 on Friday. S&P Global Inc. has a 12-month low of $381.61 and a 12-month high of $559.44. The company has a debt-to-equity ratio of 0.40, a current ratio of 0.95 and a quick ratio of 0.95. The firm has a market capitalization of $127.09 billion, a price-to-earnings ratio of 26.32, a price-to-earnings-growth ratio of 1.94 and a beta of 1.07. The business has a 50 day simple moving average of $422.87 and a 200 day simple moving average of $425.46.

S&P Global (NYSE:SPGI) last announced 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 firm had revenue of $4.15 billion for the quarter, compared to the consensus estimate of $4.09 billion. S&P Global had a return on equity of 17.74% and a net margin of 31.37%.The firm’s revenue for the quarter was up 10.4% on a year-over-year basis. During the same quarter in the previous year, the business earned $4.43 EPS. S&P Global has set its FY 2026 guidance at 17.500-17.750 EPS. On average, equities research analysts anticipate that S&P Global Inc. will post 17.75 EPS for the current year.

S&P Global Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 10th. Stockholders of record on Wednesday, August 26th will be issued a dividend of $0.97 per share. This represents a $3.88 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date of this dividend is Wednesday, August 26th. S&P Global’s dividend payout ratio (DPR) is 23.69%.

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.