Czech National Bank Buys 2,374 Shares of S&P Global Inc. $SPGI

Czech National Bank boosted its position in shares of S&P Global Inc. (NYSE:SPGI) by 3.0% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 81,743 shares of the business services provider’s stock after acquiring an additional 2,374 shares during the period. Czech National Bank’s holdings in S&P Global were worth $42,718,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in SPGI. J.Safra Asset Management Corp bought a new position in shares of S&P Global in the third quarter worth approximately $29,000. Howard Hughes Medical Institute bought a new stake in shares of S&P Global during the 2nd quarter valued at $36,000. First Pacific Financial raised its position 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 valued at $36,000 after purchasing an additional 25 shares during the period. Palisade Asset Management LLC purchased a new position in shares of S&P Global during the 3rd quarter valued at $36,000. Finally, Ameriflex Group Inc. lifted its stake in shares of S&P Global by 171.4% during the 3rd quarter. Ameriflex Group Inc. now owns 76 shares of the business services provider’s stock valued at $37,000 after buying an additional 48 shares in the last quarter. Hedge funds and other institutional investors own 87.17% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on SPGI shares. Stifel Nicolaus cut their price target on S&P Global from $599.00 to $489.00 and set a “buy” rating for the company in a research note on Wednesday, February 11th. Wells Fargo & Company lowered their price objective on S&P Global from $675.00 to $530.00 and set an “overweight” 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 stock an “outperform” rating in a research note on Wednesday, February 11th. The Goldman Sachs Group set a $498.00 target price on S&P Global in a research report on Wednesday, February 11th. Finally, Mizuho decreased their target price on S&P Global from $657.00 to $551.00 and set an “outperform” rating on the stock in a research note on Thursday, February 12th. One analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus target price of $563.53.

S&P Global Stock Performance

Shares of NYSE SPGI opened at $407.46 on Thursday. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.82 and a current ratio of 0.82. The company has a market cap of $121.75 billion, a P/E ratio of 27.81, a P/E/G ratio of 1.82 and a beta of 1.23. The firm’s fifty day moving average is $455.49 and its two-hundred day moving average is $486.93. S&P Global Inc. has a 52-week low of $381.61 and a 52-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 EPS for the quarter, missing the consensus estimate of $4.32 by ($0.02). The company had revenue of $3.92 billion for the quarter, compared to the consensus estimate of $3.89 billion. S&P Global had a net margin of 29.16% and a return on equity of 16.56%. The firm’s revenue for the quarter was up 9.0% on a year-over-year basis. During the same period last year, the company earned $3.77 EPS. S&P Global has set its FY 2026 guidance at 19.400-19.650 EPS. As a group, analysts anticipate that S&P Global Inc. will post 17.11 EPS for the current fiscal year.

S&P Global Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, March 11th. Investors of record on Wednesday, February 25th were paid a dividend of $0.97 per share. The ex-dividend date of this dividend was Wednesday, February 25th. This is a boost from S&P Global’s previous quarterly dividend of $0.96. This represents a $3.88 dividend on an annualized basis and a yield of 1.0%. S&P Global’s dividend payout ratio is currently 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.