American Century Companies Inc. Buys 18,189 Shares of S&P Global Inc. $SPGI

American Century Companies Inc. increased its stake in S&P Global Inc. (NYSE:SPGI) by 2.5% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 748,725 shares of the business services provider’s stock after purchasing an additional 18,189 shares during the quarter. American Century Companies Inc. owned 0.25% of S&P Global worth $364,414,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in SPGI. Fullcircle Wealth LLC boosted its stake in shares of S&P Global by 1.0% in the 2nd quarter. Fullcircle Wealth LLC now owns 1,748 shares of the business services provider’s stock worth $984,000 after buying an additional 18 shares during the last quarter. Summitry LLC lifted its holdings in S&P Global by 2.1% in the second quarter. Summitry LLC now owns 883 shares of the business services provider’s stock valued at $466,000 after acquiring an additional 18 shares during the period. Hamilton Capital LLC boosted its position in S&P Global by 4.5% in the second quarter. Hamilton Capital LLC now owns 418 shares of the business services provider’s stock worth $220,000 after purchasing an additional 18 shares during the last quarter. Sand Hill Global Advisors LLC boosted its position in S&P Global by 3.1% in the second quarter. Sand Hill Global Advisors LLC now owns 632 shares of the business services provider’s stock worth $333,000 after purchasing an additional 19 shares during the last quarter. Finally, Chemistry Wealth Management LLC grew its stake in shares of S&P Global by 0.4% during the 3rd quarter. Chemistry Wealth Management LLC now owns 4,895 shares of the business services provider’s stock valued at $2,382,000 after purchasing an additional 21 shares during the period. 87.17% of the stock is currently owned by hedge funds and other institutional investors.

S&P Global Price Performance

NYSE:SPGI opened at $441.48 on Friday. The firm has a market capitalization of $131.91 billion, a price-to-earnings ratio of 30.13, a PEG ratio of 1.94 and a beta of 1.20. The company has a debt-to-equity ratio of 0.40, a current ratio of 0.82 and a quick ratio of 0.82. The business has a 50 day simple moving average of $491.39 and a 200-day simple moving average of $502.26. S&P Global Inc. has a 1 year low of $381.61 and a 1 year high of $579.05.

S&P Global (NYSE:SPGI) last released its quarterly earnings results on Tuesday, February 10th. The business services provider reported $4.30 earnings per share for the quarter, missing the consensus estimate of $4.32 by ($0.02). The company had revenue of $3.92 billion for the quarter, compared to analysts’ expectations of $3.89 billion. S&P Global had a net margin of 29.16% and a return on equity of 16.56%. The business’s quarterly revenue was up 9.0% on a year-over-year basis. During the same quarter in the previous year, the company posted $3.77 EPS. S&P Global has set its FY 2026 guidance at 19.400-19.650 EPS. Equities analysts forecast that S&P Global Inc. will post 17.11 EPS for the current year.

S&P Global Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, March 11th. Stockholders of record on Wednesday, February 25th will be issued 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 annualized dividend and a dividend yield of 0.9%. S&P Global’s dividend payout ratio (DPR) is 26.48%.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on the stock. Evercore set a $625.00 price objective on shares of S&P Global and gave the stock 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 report on Wednesday, February 11th. William Blair reiterated an “outperform” rating on shares of S&P Global in a research report on Monday, November 17th. Wells Fargo & Company dropped their price target on shares of S&P Global from $675.00 to $530.00 and set an “overweight” rating on the stock in a research note on Wednesday, February 11th. Finally, Stifel Nicolaus cut their price objective on shares of S&P Global from $599.00 to $489.00 and set a “buy” rating for the company in a research report on Wednesday, February 11th. One equities research analyst has rated the stock with a Strong Buy rating and seventeen have given a Buy rating to the company. According to MarketBeat.com, S&P Global has an average rating of “Buy” and a consensus target price of $562.67.

S&P Global 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.