Savvy Advisors Inc. Boosts Holdings in S&P Global Inc. $SPGI

Savvy Advisors Inc. raised its holdings in S&P Global Inc. (NYSE:SPGI) by 59.6% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 3,721 shares of the business services provider’s stock after purchasing an additional 1,389 shares during the period. Savvy Advisors Inc.’s holdings in S&P Global were worth $1,945,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the business. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main increased its stake in shares of S&P Global by 3,430.6% during the 2nd quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 1,554,571 shares of the business services provider’s stock worth $819,699,000 after purchasing an additional 1,510,540 shares in the last quarter. TCI Fund Management Ltd. lifted its stake in S&P Global by 7.0% in the 2nd 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 buying an additional 730,354 shares in the last quarter. Mizuho Markets Americas LLC grew its holdings in S&P Global by 104,031.3% during the 3rd quarter. Mizuho Markets Americas LLC now owns 595,631 shares of the business services provider’s stock valued at $289,900,000 after buying an additional 595,059 shares during the last quarter. Credit Agricole S A acquired a new stake in S&P Global during the 3rd quarter valued at $180,503,000. Finally, Holocene Advisors LP increased its position in S&P Global by 79.8% during the third quarter. Holocene Advisors LP now owns 766,043 shares of the business services provider’s stock worth $372,841,000 after buying an additional 339,947 shares in the last quarter. 87.17% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research firms have recently weighed in on SPGI. BMO Capital Markets boosted their price target on S&P Global from $482.00 to $495.00 and gave the stock an “outperform” rating in a report on Tuesday, March 17th. Evercore set a $625.00 price objective on S&P Global and gave the company an “outperform” rating in a research note on Wednesday, February 11th. Weiss Ratings downgraded shares of S&P Global from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Wednesday, March 11th. 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. Finally, Royal Bank Of Canada decreased their price target on shares of 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. One analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat, S&P Global has a consensus rating of “Buy” and an average target price of $563.53.

S&P Global Trading Down 0.0%

Shares of SPGI opened at $431.09 on Monday. 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 market capitalization of $130.82 billion, a PE ratio of 29.43, a price-to-earnings-growth ratio of 1.91 and a beta of 1.20. The stock has a fifty day moving average of $439.26 and a two-hundred day moving average of $480.44. 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 (NYSE:SPGI) last announced its quarterly earnings data on Tuesday, February 10th. The business services provider reported $4.30 EPS for the quarter, missing analysts’ consensus estimates of $4.32 by ($0.02). The business had revenue of $3.92 billion during the quarter, compared to analysts’ expectations of $3.89 billion. S&P Global had a net margin of 29.16% and a return on equity of 16.56%. S&P Global’s revenue for the quarter was up 9.0% on a year-over-year basis. During the same period in the prior year, the firm earned $3.77 EPS. S&P Global has set its FY 2026 guidance at 19.400-19.650 EPS. As a group, analysts forecast that S&P Global Inc. will post 17.11 EPS for the current year.

S&P Global Increases Dividend

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