Calamos Wealth Management LLC Cuts Position in S&P Global Inc. $SPGI

Calamos Wealth Management LLC trimmed its position in shares of S&P Global Inc. (NYSE:SPGI) by 18.5% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 28,186 shares of the business services provider’s stock after selling 6,380 shares during the period. Calamos Wealth Management LLC’s holdings in S&P Global were worth $14,730,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the company. Calamos Advisors LLC increased its stake in shares of S&P Global by 15.8% during the fourth quarter. Calamos Advisors LLC now owns 122,648 shares of the business services provider’s stock worth $64,095,000 after buying an additional 16,708 shares during the period. Davis Rea LTD. raised its stake in shares of S&P Global by 1.1% during the fourth quarter. Davis Rea LTD. now owns 8,961 shares of the business services provider’s stock worth $4,683,000 after purchasing an additional 99 shares during the last quarter. Cadinha & Co. LLC purchased a new stake in shares of S&P Global during the fourth quarter worth approximately $209,000. Diversified Enterprises LLC raised its position in S&P Global by 127.9% in the fourth quarter. Diversified Enterprises LLC now owns 1,167 shares of the business services provider’s stock worth $610,000 after acquiring an additional 655 shares in the last quarter. Finally, Chicago Partners Investment Group LLC raised its position in S&P Global by 11.7% in the fourth quarter. Chicago Partners Investment Group LLC now owns 2,402 shares of the business services provider’s stock worth $1,282,000 after acquiring an additional 252 shares in the last quarter. 87.17% of the stock is currently owned by hedge funds and other institutional investors.

S&P Global Price Performance

SPGI stock opened at $436.62 on Friday. 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 52-week low of $381.61 and a 52-week high of $579.05. The stock’s 50 day moving average is $428.78 and its two-hundred day moving average is $474.76. The company has a market capitalization of $132.50 billion, a PE ratio of 29.80, a P/E/G ratio of 1.97 and a beta of 1.20.

S&P Global (NYSE:SPGI) last posted its quarterly earnings data on Tuesday, February 10th. The business services provider reported $4.30 earnings per share (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 business had revenue of $3.92 billion for the quarter, compared to analysts’ expectations of $3.89 billion. During the same quarter in the prior year, the firm earned $3.77 earnings per share. S&P Global’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. Analysts predict that S&P Global Inc. will post 19.51 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research analysts have recently weighed in on the company. Barclays restated an “overweight” rating and issued a $565.00 price target on shares of S&P Global in a research report on Monday, February 23rd. Weiss Ratings lowered S&P Global from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Wednesday, March 11th. Stifel Nicolaus dropped their target price on S&P Global from $599.00 to $489.00 and set a “buy” rating on the stock in a report on Wednesday, February 11th. Bank of America assumed coverage on S&P Global in a report on Tuesday, February 17th. They set a “buy” rating and a $575.00 target price on the stock. Finally, Morgan Stanley dropped their target price on S&P Global from $580.00 to $556.00 and set an “overweight” rating on the stock in a report on Tuesday, April 7th. One analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, S&P Global currently has a consensus rating of “Buy” and a consensus target price of $558.47.

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.