Banco Bilbao Vizcaya Argentaria S.A. Purchases 3,697 Shares of S&P Global Inc. $SPGI

Banco Bilbao Vizcaya Argentaria S.A. lifted its position in shares of S&P Global Inc. (NYSE:SPGI) by 35.6% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 14,072 shares of the business services provider’s stock after purchasing an additional 3,697 shares during the quarter. Banco Bilbao Vizcaya Argentaria S.A.’s holdings in S&P Global were worth $6,848,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the company. Vanguard Group Inc. increased its stake in S&P Global by 0.5% during the 3rd quarter. Vanguard Group Inc. now owns 30,256,638 shares of the business services provider’s stock valued at $14,726,208,000 after purchasing an additional 161,719 shares in the last quarter. TCI Fund Management Ltd. raised its holdings in S&P Global by 7.0% during the second quarter. TCI Fund Management Ltd. now owns 11,091,623 shares of the business services provider’s stock worth $5,848,502,000 after buying an additional 730,354 shares during the last quarter. Wellington Management Group LLP lifted its stake in shares of S&P Global by 4.6% in the third quarter. Wellington Management Group LLP now owns 6,231,644 shares of the business services provider’s stock valued at $3,033,003,000 after buying an additional 274,285 shares in the last quarter. Norges Bank acquired a new position in shares of S&P Global during the second quarter valued at about $2,188,945,000. Finally, Legal & General Group Plc grew its holdings in shares of S&P Global by 3.2% during the third quarter. Legal & General Group Plc now owns 2,202,872 shares of the business services provider’s stock valued at $1,072,160,000 after buying an additional 67,868 shares during the last quarter. 87.17% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on SPGI shares. Evercore set a $625.00 target price on shares of S&P Global and gave the stock an “outperform” rating in a research report on Wednesday, February 11th. Bank of America began coverage on S&P Global in a research note on Tuesday, February 17th. They set a “buy” rating and a $575.00 price target for the company. BMO Capital Markets decreased their price objective on S&P Global from $601.00 to $482.00 and set an “outperform” rating for the company in a report on Wednesday, February 11th. Royal Bank Of Canada lowered their price objective on S&P Global from $620.00 to $560.00 and set an “outperform” rating for the company in a research note on Wednesday, February 11th. Finally, UBS Group dropped their target price on S&P Global from $620.00 to $550.00 and set a “buy” rating on the stock in a report on Tuesday, February 17th. One research analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Buy” and a consensus target price of $562.67.

S&P Global Stock Up 1.1%

SPGI opened at $427.09 on Tuesday. The company has a debt-to-equity ratio of 0.40, a current ratio of 0.82 and a quick ratio of 0.82. The company’s 50-day moving average is $472.19 and its 200 day moving average is $492.45. S&P Global Inc. has a fifty-two week low of $381.61 and a fifty-two week high of $579.05. The firm has a market capitalization of $127.61 billion, a P/E ratio of 29.15, a PEG ratio of 1.87 and a beta of 1.23.

S&P Global (NYSE:SPGI) last released its quarterly earnings results on Tuesday, February 10th. The business services provider reported $4.30 earnings per share for the quarter, missing the consensus estimate of $4.32 by ($0.02). The firm had revenue of $3.92 billion for the quarter, compared to analysts’ expectations 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 quarter last year, the firm posted $3.77 earnings per share. S&P Global has set its FY 2026 guidance at 19.400-19.650 EPS. Research analysts expect that S&P Global Inc. will post 17.11 earnings per share for the current fiscal year.

S&P Global Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, March 11th. Stockholders of record on Wednesday, February 25th were paid a $0.97 dividend. This represents a $3.88 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date was Wednesday, February 25th. This is a boost from S&P Global’s previous quarterly dividend of $0.96. S&P Global’s dividend payout ratio (DPR) is presently 26.48%.

S&P Global Profile

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.