S&P Global Inc. $SPGI Shares Purchased by Aptus Capital Advisors LLC

Aptus Capital Advisors LLC grew its position in shares of S&P Global Inc. (NYSE:SPGI) by 13.7% during the 3rd quarter, according to the company in its most recent filing with the SEC. The firm owned 9,894 shares of the business services provider’s stock after purchasing an additional 1,194 shares during the quarter. Aptus Capital Advisors LLC’s holdings in S&P Global were worth $4,816,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently modified their holdings of SPGI. Norges Bank acquired a new stake in shares of S&P Global during the second quarter valued at approximately $2,188,945,000. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main boosted its stake in S&P Global by 3,430.6% in the 2nd quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 1,554,571 shares of the business services provider’s stock worth $819,699,000 after purchasing an additional 1,510,540 shares during the period. TCI Fund Management Ltd. boosted its stake in S&P Global by 7.0% in the 2nd quarter. TCI Fund Management Ltd. now owns 11,091,623 shares of the business services provider’s stock worth $5,848,502,000 after purchasing an additional 730,354 shares during the period. Mizuho Markets Americas LLC grew its position in S&P Global by 104,031.3% during the 3rd quarter. Mizuho Markets Americas LLC now owns 595,631 shares of the business services provider’s stock worth $289,900,000 after purchasing an additional 595,059 shares in the last quarter. Finally, ABN AMRO Bank N.V. purchased a new position in S&P Global during the 2nd quarter worth approximately $310,348,000. Institutional investors own 87.17% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on the company. William Blair restated an “outperform” rating on shares of S&P Global in a report on Monday, November 17th. Mizuho lowered their price target on S&P Global from $657.00 to $551.00 and set an “outperform” rating on the stock in a report on Thursday, February 12th. Barclays reissued an “overweight” rating and set a $565.00 price target on shares of S&P Global in a research report on Monday, February 23rd. Weiss Ratings restated a “buy (b-)” rating on shares of S&P Global in a research report on Monday, December 29th. Finally, UBS Group lowered their target price on S&P Global from $620.00 to $550.00 and set a “buy” rating on the stock in a research note on Tuesday, February 17th. One analyst has rated the stock with a Strong Buy rating and seventeen have given a Buy rating to the stock. According to data from MarketBeat, S&P Global presently has a consensus rating of “Buy” and a consensus target price of $562.67.

S&P Global Trading Up 0.3%

S&P Global stock opened at $452.52 on Friday. The company’s fifty day simple moving average is $483.57 and its 200-day simple moving average is $498.01. The company has a quick ratio of 0.82, a current ratio of 0.82 and a debt-to-equity ratio of 0.40. S&P Global Inc. has a 12 month low of $381.61 and a 12 month high of $579.05. The stock has a market cap of $135.21 billion, a P/E ratio of 30.89, a P/E/G ratio of 2.00 and a beta of 1.23.

S&P Global (NYSE:SPGI) last issued its earnings results on Tuesday, February 10th. The business services provider reported $4.30 EPS for the quarter, missing analysts’ consensus estimates of $4.32 by ($0.02). S&P Global had a net margin of 29.16% and a return on equity of 16.56%. The firm had revenue of $3.92 billion during the quarter, compared to analysts’ expectations of $3.89 billion. During the same quarter last year, the firm earned $3.77 EPS. The business’s revenue for the quarter was up 9.0% compared to the same quarter last year. S&P Global has set its FY 2026 guidance at 19.400-19.650 EPS. As a group, sell-side analysts forecast that S&P Global Inc. will post 17.11 EPS for the current fiscal year.

S&P Global Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, March 11th. Investors of record on Wednesday, February 25th will be paid a $0.97 dividend. This represents a $3.88 annualized dividend and a dividend yield of 0.9%. The ex-dividend date of this dividend is Wednesday, February 25th. This is a positive change from S&P Global’s previous quarterly dividend of $0.96. S&P Global’s dividend payout ratio (DPR) is presently 26.48%.

About S&P Global

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.