Figure 8 Investment Strategies LLC Makes New Investment in S&P Global Inc. $SPGI

Figure 8 Investment Strategies LLC bought a new position in S&P Global Inc. (NYSE:SPGI) in the 4th quarter, according to its most recent disclosure with the SEC. The firm bought 1,985 shares of the business services provider’s stock, valued at approximately $1,037,000.

A number of other large investors have also recently modified their holdings of the stock. J.Safra Asset Management Corp bought a new position in S&P Global in the third quarter worth about $29,000. Howard Hughes Medical Institute bought a new stake in S&P Global during the 2nd quarter valued at approximately $36,000. First Pacific Financial boosted its position in 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 acquiring an additional 25 shares in the last quarter. Palisade Asset Management LLC purchased a new position in shares of S&P Global during the 3rd quarter worth approximately $36,000. Finally, Ameriflex Group Inc. raised its position in shares of S&P Global by 171.4% in the 3rd quarter. Ameriflex Group Inc. now owns 76 shares of the business services provider’s stock worth $37,000 after acquiring an additional 48 shares in the last quarter. Institutional investors own 87.17% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on SPGI. Royal Bank Of Canada lowered their target price 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. Evercore set a $625.00 price target 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 price objective on S&P Global in a report on Wednesday, February 11th. Stifel Nicolaus lowered their price objective on S&P Global from $599.00 to $489.00 and set a “buy” rating for the company in a research report on Wednesday, February 11th. Finally, Morgan Stanley boosted their target price on shares of S&P Global from $620.00 to $627.00 and gave the company an “overweight” rating in a report on Tuesday, January 13th. One investment 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 company. According to data from MarketBeat, S&P Global currently has an average rating of “Buy” and a consensus price target of $563.53.

S&P Global Price Performance

SPGI stock opened at $431.09 on Monday. 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 firm has a 50 day moving average price of $439.26 and a 200-day moving average price of $480.44. S&P Global Inc. has a 52-week low of $381.61 and a 52-week high of $579.05. The firm has a market capitalization of $130.82 billion, a price-to-earnings ratio of 29.43, a PEG ratio of 1.91 and a beta of 1.20.

S&P Global (NYSE:SPGI) last posted 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 company had revenue of $3.92 billion during 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 business’s quarterly revenue was up 9.0% on a year-over-year basis. During the same quarter in the previous year, the company earned $3.77 EPS. S&P Global has set its FY 2026 guidance at 19.400-19.650 EPS. Equities research analysts forecast that S&P Global Inc. will post 17.11 EPS for the current fiscal year.

S&P Global Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, March 11th. Stockholders of record on Wednesday, February 25th were issued a dividend of $0.97 per share. The ex-dividend date was Wednesday, February 25th. This is a boost from S&P Global’s previous quarterly dividend of $0.96. This represents a $3.88 annualized dividend and a dividend yield of 0.9%. S&P Global’s dividend payout ratio is 26.48%.

S&P Global Company 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.