Cardano Risk Management B.V. Makes New Investment in S&P Global Inc. $SPGI

Cardano Risk Management B.V. purchased a new position in shares of S&P Global Inc. (NYSE:SPGI) in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 183,686 shares of the business services provider’s stock, valued at approximately $89,401,000. Cardano Risk Management B.V. owned 0.06% of S&P Global as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of SPGI. Vanguard Group Inc. increased its stake in S&P Global by 0.5% during the third quarter. Vanguard Group Inc. now owns 30,256,638 shares of the business services provider’s stock worth $14,726,208,000 after purchasing an additional 161,719 shares during the period. TCI Fund Management Ltd. boosted its stake in shares of S&P Global by 7.0% in the second quarter. TCI Fund Management Ltd. now owns 11,091,623 shares of the business services provider’s stock valued at $5,848,502,000 after purchasing an additional 730,354 shares during the period. Geode Capital Management LLC grew its holdings in shares of S&P Global by 0.6% in the second quarter. Geode Capital Management LLC now owns 6,793,282 shares of the business services provider’s stock valued at $3,565,889,000 after purchasing an additional 42,724 shares in the last quarter. Norges Bank purchased a new stake in S&P Global during the 2nd quarter worth approximately $2,188,945,000. Finally, Legal & General Group Plc increased its stake in S&P Global by 1.3% during the 2nd quarter. Legal & General Group Plc now owns 2,135,004 shares of the business services provider’s stock worth $1,125,766,000 after buying an additional 26,945 shares during the period. Hedge funds and other institutional investors own 87.17% of the company’s stock.

S&P Global Price Performance

SPGI stock opened at $410.04 on Tuesday. The business has a 50 day moving average price of $505.74 and a 200 day moving average price of $510.15. The company has a quick ratio of 0.82, a current ratio of 0.82 and a debt-to-equity ratio of 0.40. The stock has a market cap of $122.52 billion, a price-to-earnings ratio of 27.99, a PEG ratio of 1.93 and a beta of 1.20. S&P Global Inc. has a fifty-two week low of $381.61 and a fifty-two week high of $579.05.

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

S&P Global Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 11th. Shareholders of record on Wednesday, February 25th will be paid a $0.97 dividend. This is a boost from S&P Global’s previous quarterly dividend of $0.96. This represents a $3.88 annualized dividend and a yield of 0.9%. The ex-dividend date is Wednesday, February 25th. S&P Global’s payout ratio is currently 26.21%.

Analysts Set New Price Targets

Several equities analysts have commented on the stock. Robert W. Baird set a $546.00 price target on shares of S&P Global in a research report on Wednesday, February 11th. 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 note on Wednesday, February 11th. BMO Capital Markets lowered their target price on S&P Global from $601.00 to $482.00 and set an “outperform” rating for the company in a research note on Wednesday, February 11th. Evercore ISI set a $625.00 price target on S&P Global and gave the stock an “outperform” rating in a report on Wednesday, February 11th. Finally, Weiss Ratings reaffirmed a “buy (b-)” rating on shares of S&P Global in a research report on Monday, December 29th. One analyst has rated the stock with a Strong Buy rating and eighteen have assigned a Buy rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Buy” and a consensus price target of $576.38.

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.