207,313 Shares in S&P Global Inc. $SPGI Bought by Danske Bank A S

Danske Bank A S acquired a new position in shares of S&P Global Inc. (NYSE:SPGI) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 207,313 shares of the business services provider’s stock, valued at approximately $100,901,000. Danske Bank A S owned 0.07% of S&P Global as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of the company. Brighton Jones LLC lifted its holdings in shares of S&P Global by 4.7% during the 4th quarter. Brighton Jones LLC now owns 3,176 shares of the business services provider’s stock worth $1,582,000 after acquiring an additional 143 shares during the period. Sivia Capital Partners LLC lifted its stake in S&P Global by 7.8% during the second quarter. Sivia Capital Partners LLC now owns 1,038 shares of the business services provider’s stock worth $547,000 after purchasing an additional 75 shares during the last quarter. SG Americas Securities LLC lifted its stake in S&P Global by 110.1% during the second quarter. SG Americas Securities LLC now owns 4,887 shares of the business services provider’s stock worth $2,577,000 after purchasing an additional 53,479 shares during the last quarter. Avantax Advisory Services Inc. boosted its holdings in shares of S&P Global by 4.1% in the 2nd quarter. Avantax Advisory Services Inc. now owns 21,457 shares of the business services provider’s stock valued at $11,314,000 after purchasing an additional 850 shares in the last quarter. Finally, Citizens Financial Group Inc. RI increased its stake in shares of S&P Global by 18.1% in the 2nd quarter. Citizens Financial Group Inc. RI now owns 3,549 shares of the business services provider’s stock valued at $1,871,000 after purchasing an additional 545 shares during the last quarter. 87.17% of the stock is currently owned by institutional investors and hedge funds.

S&P Global Trading Up 1.6%

NYSE SPGI opened at $433.28 on Wednesday. The company has a market cap of $129.46 billion, a price-to-earnings ratio of 29.58, a price-to-earnings-growth ratio of 1.89 and a beta of 1.23. S&P Global Inc. has a twelve month low of $381.61 and a twelve month high of $579.05. The company has a quick ratio of 0.82, a current ratio of 0.82 and a debt-to-equity ratio of 0.40. The business’s fifty day moving average is $470.07 and its 200 day moving average is $491.63.

S&P Global (NYSE:SPGI) last issued its 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). The firm had revenue of $3.92 billion during the quarter, compared to analyst estimates of $3.89 billion. S&P Global had a return on equity of 16.56% and a net margin of 29.16%.S&P Global’s revenue for the quarter was up 9.0% on a year-over-year basis. During the same period 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. As a group, sell-side analysts expect that S&P Global Inc. will post 17.11 EPS for the current fiscal year.

S&P Global Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, March 11th. Stockholders of record on Wednesday, February 25th were paid a $0.97 dividend. This is an increase 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%. The ex-dividend date of this dividend was Wednesday, February 25th. S&P Global’s payout ratio is currently 26.48%.

Wall Street Analyst Weigh In

SPGI has been the subject of a number of research analyst reports. Wells Fargo & Company lowered their price target on S&P Global from $675.00 to $530.00 and set an “overweight” rating for the company in a report on Wednesday, February 11th. 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 report on Thursday, February 12th. 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 target price for the company. 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. Finally, Stifel Nicolaus decreased their price target on shares of S&P Global from $599.00 to $489.00 and set a “buy” rating on the stock in a report on Wednesday, February 11th. One research analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Buy” and an average price target of $563.53.

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.