S&P Global Inc. $SPGI Stake Lessened by Trivium Point Advisory LLC

Trivium Point Advisory LLC lessened its stake in shares of S&P Global Inc. (NYSE:SPGI) by 67.9% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 2,151 shares of the business services provider’s stock after selling 4,556 shares during the quarter. Trivium Point Advisory LLC’s holdings in S&P Global were worth $1,047,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in SPGI. American Century Companies Inc. raised its stake in shares of S&P Global by 2.5% in the 3rd quarter. American Century Companies Inc. now owns 748,725 shares of the business services provider’s stock worth $364,414,000 after buying an additional 18,189 shares in the last quarter. Quantbot Technologies LP acquired a new position in S&P Global during the third quarter worth about $6,629,000. Aster Capital Management DIFC Ltd acquired a new position in S&P Global during the third quarter worth about $86,000. MGB Wealth Management LLC raised its position in S&P Global by 14.9% in the third quarter. MGB Wealth Management LLC now owns 771 shares of the business services provider’s stock worth $376,000 after acquiring an additional 100 shares in the last quarter. Finally, Erste Asset Management GmbH lifted its holdings in S&P Global by 39.2% in the 3rd quarter. Erste Asset Management GmbH now owns 161,316 shares of the business services provider’s stock valued at $79,109,000 after acquiring an additional 45,413 shares during the last quarter. 87.17% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on SPGI. Barclays reaffirmed an “overweight” rating and issued a $565.00 price objective on shares of S&P Global in a research note on Monday, February 23rd. UBS Group decreased their price target on shares of S&P Global from $620.00 to $550.00 and set a “buy” rating on the stock in a research report on Tuesday, February 17th. Weiss Ratings reiterated a “buy (b-)” rating on shares of S&P Global in a research report on Monday, December 29th. 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 objective for the company. Finally, Robert W. Baird set a $546.00 target price on S&P Global in a research report on Wednesday, February 11th. One analyst has rated the stock with a Strong Buy rating and seventeen have given a Buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus price target of $562.67.

S&P Global Trading Up 0.9%

S&P Global stock opened at $441.48 on Friday. S&P Global Inc. has a 52 week low of $381.61 and a 52 week high of $579.05. 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 market capitalization of $131.91 billion, a price-to-earnings ratio of 30.13, a P/E/G ratio of 1.96 and a beta of 1.20. The company has a 50 day moving average price of $491.39 and a 200 day moving average price of $501.86.

S&P Global (NYSE:SPGI) last announced its earnings results on Tuesday, February 10th. The business services provider reported $4.30 earnings per share (EPS) 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 analyst estimates 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% compared to the same quarter last year. During the same period last year, the firm earned $3.77 earnings per share. S&P Global has set its FY 2026 guidance at 19.400-19.650 EPS. Research analysts forecast that S&P Global Inc. will post 17.11 EPS for the current year.

S&P Global Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, March 11th. Shareholders of record on Wednesday, February 25th will be paid 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 is Wednesday, February 25th. This represents a $3.88 annualized dividend and a yield of 0.9%. S&P Global’s dividend payout ratio (DPR) is presently 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.