South Dakota Investment Council Makes New $561,000 Investment in S&P Global Inc. $SPGI

South Dakota Investment Council bought a new stake in shares of S&P Global Inc. (NYSE:SPGI) during the 1st quarter, HoldingsChannel reports. The institutional investor bought 1,320 shares of the business services provider’s stock, valued at approximately $561,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Dorsey Asset Management LLC acquired a new position in shares of S&P Global during the first quarter valued at about $94,716,000. Troy Asset Management Ltd grew its position in S&P Global by 26.2% during the fourth quarter. Troy Asset Management Ltd now owns 41,706 shares of the business services provider’s stock worth $21,795,000 after buying an additional 8,652 shares in the last quarter. Capital International Inc. CA grew its position in S&P Global by 11.6% during the fourth quarter. Capital International Inc. CA now owns 70,716 shares of the business services provider’s stock worth $36,955,000 after buying an additional 7,343 shares in the last quarter. V Square Quantitative Management LLC bought a new position in S&P Global during the fourth quarter valued at about $3,652,000. Finally, Bartlett & CO. Wealth Management LLC increased its stake in S&P Global by 2.3% during the fourth quarter. Bartlett & CO. Wealth Management LLC now owns 120,642 shares of the business services provider’s stock valued at $63,047,000 after acquiring an additional 2,672 shares during the period. Institutional investors and hedge funds own 87.17% of the company’s stock.

Trending Headlines about S&P Global

Here are the key news stories impacting S&P Global this week:

• Positive Sentiment: Wells Fargo issued a Buy rating on S&P Global, adding to the bullish case for the stock. Wells Fargo Releases a Buy Rating on S&P Global
• Positive Sentiment: Citigroup said S&P Global’s stock price is expected to rise, providing a positive counterpoint to the more cautious views from other analysts. Citigroup Analyst Says S&P Global Stock Price Expected to Rise
• Positive Sentiment: S&P Global agreed to acquire a stake in African ratings firm Agusto, expanding its presence in a developing credit-markets region and potentially supporting long-term growth. S&P Global Buys Into African Ratings With Agusto Deal
• Positive Sentiment: An investment analysis described the recent selloff as a potential buying opportunity, arguing that the company’s long-term fundamentals remain attractive. S&P Global: Why This Selloff Is a Rare Buying Opportunity
• Neutral Sentiment: Analysts remain divided on S&P Global, with bullish ratings offset by concerns about valuation and earnings estimates. Analysts Conflicted on S&P Global
• Neutral Sentiment: S&P Global underperformed some industry peers in the latest trading session, indicating weaker near-term market momentum. S&P Global Stock Underperforms Competitors
• Negative Sentiment: Robert W. Baird issued a pessimistic forecast for S&P Global’s stock price, adding pressure to the shares. Robert W. Baird Issues Pessimistic Forecast
• Negative Sentiment: JPMorgan Chase also issued a cautious stock-price forecast, reinforcing concerns about limited upside. JPMorgan Issues Pessimistic Forecast
• Negative Sentiment: Erste Group Bank reduced its FY2027 earnings-per-share forecast, signaling expectations for slower future profit growth. Erste Group Bank Cuts S&P Global FY2027 EPS Forecast
• Negative Sentiment: One valuation analysis called the stock slightly overvalued even after its substantial decline, which may discourage near-term buyers. S&P Global Stock Looks Slightly Overvalued

S&P Global Stock Performance

NYSE SPGI opened at $412.24 on Friday. The firm has a market cap of $121.53 billion, a price-to-earnings ratio of 25.17, a PEG ratio of 2.21 and a beta of 1.08. The company has a 50 day moving average of $423.91 and a 200-day moving average of $438.02. The company has a current ratio of 0.95, a quick ratio of 0.68 and a debt-to-equity ratio of 0.40. S&P Global Inc. has a 1-year low of $381.61 and a 1-year high of $579.05.

S&P Global (NYSE:SPGI) last posted its earnings results on Tuesday, July 28th. The business services provider reported $4.83 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.81 by $0.02. S&P Global had a net margin of 31.37% and a return on equity of 17.74%. The company had revenue of $4.15 billion during the quarter, compared to analysts’ expectations of $4.09 billion. During the same quarter in the previous year, the company posted $4.43 earnings per share. S&P Global’s quarterly revenue was up 10.4% compared to the same quarter last year. S&P Global has set its FY 2026 guidance at 17.500-17.750 EPS. On average, equities analysts forecast that S&P Global Inc. will post 17.74 earnings per share for the current fiscal year.

S&P Global Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, September 10th. Shareholders of record on Wednesday, August 26th will be paid a $0.97 dividend. The ex-dividend date of this dividend is Wednesday, August 26th. This represents a $3.88 annualized dividend and a yield of 0.9%. S&P Global’s dividend payout ratio is presently 23.69%.

Analysts Set New Price Targets

Several research firms have commented on SPGI. Royal Bank Of Canada cut their price target on S&P Global from $560.00 to $510.00 and set an “outperform” rating for the company in a report on Tuesday, July 7th. BMO Capital Markets lifted their price objective on S&P Global from $495.00 to $505.00 and gave the stock an “outperform” rating in a report on Tuesday, July 7th. Citigroup boosted their price objective on S&P Global from $454.00 to $500.00 and gave the company a “buy” rating in a research report on Wednesday. The Goldman Sachs Group reduced their target price on S&P Global from $539.00 to $490.00 and set a “buy” rating for the company in a research report on Wednesday, July 1st. Finally, Robert W. Baird decreased their price target on shares of S&P Global from $521.00 to $513.00 and set an “outperform” rating on the stock in a research note on Wednesday. Eighteen investment analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $523.59.

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.