BNP PARIBAS ASSET MANAGEMENT Holding S.A. Acquires 3,596 Shares of S&P Global Inc. $SPGI

BNP PARIBAS ASSET MANAGEMENT Holding S.A. increased its holdings in shares of S&P Global Inc. (NYSE:SPGI) by 1.6% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 227,455 shares of the business services provider’s stock after buying an additional 3,596 shares during the quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. owned 0.08% of S&P Global worth $110,236,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. MTM Investment Management LLC bought a new position in shares of S&P Global in the second quarter worth about $27,000. J.Safra Asset Management Corp acquired a new position in S&P Global during the 3rd quarter worth approximately $29,000. Spurstone Advisory Services LLC bought a new position in S&P Global in the 2nd quarter valued at approximately $34,000. Howard Hughes Medical Institute acquired a new stake in S&P Global in the second quarter valued at approximately $36,000. Finally, First Pacific Financial grew its stake in shares of S&P Global by 51.0% during the third quarter. First Pacific Financial now owns 74 shares of the business services provider’s stock worth $36,000 after buying an additional 25 shares during the last quarter. 87.17% of the stock is owned by institutional investors and hedge funds.

S&P Global Stock Performance

NYSE:SPGI opened at $416.53 on Friday. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.82 and a current ratio of 0.82. S&P Global Inc. has a fifty-two week low of $381.61 and a fifty-two week high of $579.05. The company has a 50 day simple moving average of $501.09 and a two-hundred day simple moving average of $507.93. The company has a market capitalization of $124.46 billion, a PE ratio of 28.43, a P/E/G ratio of 1.86 and a beta of 1.20.

S&P Global (NYSE:SPGI) last issued its quarterly earnings results on Tuesday, February 10th. The business services provider reported $4.30 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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 firm had revenue of $3.92 billion during the quarter, compared to analyst estimates of $3.89 billion. During the same quarter last year, the firm posted $3.77 EPS. The firm’s revenue for the quarter 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. Research analysts anticipate that S&P Global Inc. will post 17.11 earnings per share for the current year.

S&P Global Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, March 11th. Shareholders of record on Wednesday, February 25th will be issued a dividend of $0.97 per share. This represents a $3.88 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date is Wednesday, February 25th. This is an increase from S&P Global’s previous quarterly dividend of $0.96. S&P Global’s dividend payout ratio (DPR) is 26.21%.

Analyst Ratings Changes

Several equities research analysts recently weighed in on the company. Stifel Nicolaus cut their price objective 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. Evercore set a $625.00 price target on S&P Global and gave the company an “outperform” rating in a research note on Wednesday, February 11th. Morgan Stanley upped their price objective on S&P Global from $620.00 to $627.00 and gave the company an “overweight” rating in a research note on Tuesday, January 13th. Bank of America assumed coverage on shares of S&P Global in a report on Tuesday. They issued a “buy” rating and a $575.00 price objective for the company. Finally, Wells Fargo & Company reduced their target price on shares of S&P Global from $675.00 to $530.00 and set an “overweight” rating on the stock in a report on Wednesday, February 11th. One investment analyst has rated the stock with a Strong Buy rating and seventeen have assigned a Buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Buy” and an average target price of $566.33.

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.