Cypress Funds LLC Has $44.22 Million Stake in S&P Global Inc. $SPGI

Cypress Funds LLC trimmed its stake in S&P Global Inc. (NYSE:SPGI) by 19.9% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 84,608 shares of the business services provider’s stock after selling 21,005 shares during the period. S&P Global makes up approximately 7.3% of Cypress Funds LLC’s portfolio, making the stock its 5th biggest holding. Cypress Funds LLC’s holdings in S&P Global were worth $44,215,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. J.Safra Asset Management Corp bought a new position in shares of S&P Global in the 3rd quarter worth $29,000. Howard Hughes Medical Institute bought a new stake in shares of S&P Global during the 2nd quarter worth $36,000. First Pacific Financial lifted its holdings in shares of 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 acquiring an additional 25 shares during the last quarter. Palisade Asset Management LLC purchased a new position in S&P Global in the third quarter worth $36,000. Finally, Ameriflex Group Inc. increased its stake in S&P Global by 171.4% in the third quarter. Ameriflex Group Inc. now owns 76 shares of the business services provider’s stock valued at $37,000 after acquiring an additional 48 shares during the last quarter. 87.17% of the stock is owned by hedge funds and other institutional investors.

S&P Global Stock Performance

NYSE SPGI opened at $431.09 on Friday. The company has a 50-day simple moving average of $439.26 and a two-hundred day simple moving average of $481.30. S&P Global Inc. has a 12-month low of $381.61 and a 12-month high of $579.05. The firm has a market cap of $130.82 billion, a price-to-earnings ratio of 29.43, a PEG ratio of 1.91 and a beta of 1.20. 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 (NYSE:SPGI) last released its quarterly earnings data on Tuesday, February 10th. The business services provider reported $4.30 EPS for the quarter, missing the consensus estimate of $4.32 by ($0.02). S&P Global had a return on equity of 16.56% and a net margin of 29.16%.The company had revenue of $3.92 billion during the quarter, compared to analysts’ expectations of $3.89 billion. During the same quarter in the prior year, the firm posted $3.77 EPS. The firm’s quarterly revenue was up 9.0% on a year-over-year basis. S&P Global has set its FY 2026 guidance at 19.400-19.650 EPS. On average, equities analysts forecast that S&P Global Inc. will post 17.11 EPS for the current year.

S&P Global Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, March 11th. Shareholders of record on Wednesday, February 25th were given a $0.97 dividend. The ex-dividend date was Wednesday, February 25th. This is an increase from S&P Global’s previous quarterly dividend of $0.96. This represents a $3.88 annualized dividend and a yield of 0.9%. S&P Global’s dividend payout ratio is presently 26.48%.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on the company. UBS Group lowered their price target on S&P Global from $620.00 to $550.00 and set a “buy” rating on the stock in a research report on Tuesday, February 17th. Royal Bank Of Canada reduced their price objective on S&P Global from $620.00 to $560.00 and set an “outperform” rating on the stock in a research report on Wednesday, February 11th. Evercore set a $625.00 price objective on S&P Global and gave the company an “outperform” rating in a report on Wednesday, February 11th. Stifel Nicolaus dropped their target price on 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. Finally, Barclays reaffirmed an “overweight” rating and issued a $565.00 target price on shares of S&P Global in a research note on Monday, February 23rd. One investment analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, S&P Global currently has a consensus rating of “Buy” and a consensus target price of $563.53.

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.