EFG International AG Has $11.29 Million Position in S&P Global Inc. $SPGI

EFG International AG lowered its holdings in S&P Global Inc. (NYSE:SPGI) by 22.3% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 29,295 shares of the business services provider’s stock after selling 8,428 shares during the period. EFG International AG’s holdings in S&P Global were worth $11,285,000 as of its most recent SEC filing.

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

S&P Global Trading Down 0.5%

NYSE:SPGI opened at $433.18 on Wednesday. The company has a market capitalization of $127.70 billion, a P/E ratio of 26.45, a P/E/G ratio of 1.96 and a beta of 1.07. The stock’s 50 day moving average price is $423.07 and its 200 day moving average price is $424.29. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.95 and a current ratio of 0.95. S&P Global Inc. has a 52 week low of $381.61 and a 52 week high of $554.56.

S&P Global (NYSE:SPGI) last posted its earnings results on Tuesday, July 28th. The business services provider reported $4.83 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.81 by $0.02. S&P Global had a net margin of 31.37% and a return on equity of 17.74%. The firm had revenue of $4.15 billion during the quarter, compared to analysts’ expectations of $4.09 billion. During the same period in the previous year, the company earned $4.43 earnings per share. The company’s revenue was up 10.4% compared to the same quarter last year. S&P Global has set its FY 2026 guidance at 17.500-17.750 EPS. On average, research analysts forecast that S&P Global Inc. will post 17.75 EPS for the current fiscal year.

S&P Global Dividend Announcement

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

Wall Street Analyst Weigh In

A number of research analysts recently commented on SPGI shares. Morgan Stanley lowered their price objective on shares of S&P Global from $557.00 to $525.00 and set an “overweight” rating on the stock in a research report on Tuesday, July 7th. BMO Capital Markets increased their target price on shares of S&P Global from $495.00 to $505.00 and gave the stock an “outperform” rating in a research report on Tuesday, July 7th. Weiss Ratings reissued a “hold (c)” rating on shares of S&P Global in a research note on Monday, July 6th. Stifel Nicolaus boosted their price target on shares of S&P Global from $489.00 to $521.00 and gave the company a “buy” rating in a report on Friday, July 17th. Finally, Barclays cut their price objective on S&P Global from $555.00 to $553.00 and set an “overweight” rating for the company in a report on Wednesday, July 29th. Eighteen investment analysts have rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $523.59.

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.