S&P Global Inc. $SPGI Shares Sold by Cozad Asset Management Inc.

Cozad Asset Management Inc. lowered its position in shares of S&P Global Inc. (NYSE:SPGI) by 43.9% in the 1st quarter, Holdings Channel reports. The fund owned 1,587 shares of the business services provider’s stock after selling 1,242 shares during the period. Cozad Asset Management Inc.’s holdings in S&P Global were worth $675,000 as of its most recent filing with the SEC.

A number of other large investors have also modified their holdings of the company. Vanguard Group Inc. boosted its stake in S&P Global by 0.4% during the 4th quarter. Vanguard Group Inc. now owns 30,374,366 shares of the business services provider’s stock valued at $15,873,340,000 after purchasing an additional 117,728 shares during the period. State Street Corp grew its position in S&P Global by 1.1% in the 4th quarter. State Street Corp now owns 14,259,690 shares of the business services provider’s stock worth $7,451,971,000 after purchasing an additional 157,301 shares during the last quarter. TCI Fund Management Ltd. grew its position in S&P Global by 5.4% in the 4th quarter. TCI Fund Management Ltd. now owns 11,790,310 shares of the business services provider’s stock worth $6,161,498,000 after purchasing an additional 600,440 shares during the last quarter. Morgan Stanley increased its stake in shares of S&P Global by 3.3% in the fourth quarter. Morgan Stanley now owns 8,333,099 shares of the business services provider’s stock valued at $4,354,796,000 after purchasing an additional 263,051 shares during the period. Finally, Norges Bank acquired a new stake in shares of S&P Global in the fourth quarter valued at approximately $2,398,991,000. Institutional investors and hedge funds own 87.17% of the company’s stock.

S&P Global Stock Up 1.2%

S&P Global stock opened at $416.85 on Tuesday. S&P Global Inc. has a 52 week low of $381.61 and a 52 week high of $579.05. The stock has a market cap of $122.89 billion, a price-to-earnings ratio of 25.45, a PEG ratio of 2.19 and a beta of 1.07. The company’s 50-day moving average price is $423.88 and its two-hundred day moving average price is $436.39. The company has a current ratio of 0.95, a quick ratio of 0.95 and a debt-to-equity ratio of 0.40.

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

S&P Global Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 10th. Investors of record on Wednesday, August 26th will be issued a dividend of $0.97 per share. 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 payout ratio is presently 23.69%.

Analyst Ratings Changes

SPGI has been the topic of a number of recent analyst reports. Mizuho lifted their price target on S&P Global from $551.00 to $554.00 and gave the company an “outperform” rating in a report on Tuesday, May 5th. The Goldman Sachs Group decreased their price objective on S&P Global from $539.00 to $490.00 and set a “buy” rating for the company in a report on Wednesday, July 1st. Stifel Nicolaus raised their target price on S&P Global from $489.00 to $521.00 and gave the company a “buy” rating in a research report on Friday, July 17th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of S&P Global in a research note on Monday, July 6th. Finally, Jefferies Financial Group boosted their price target on S&P Global from $500.00 to $535.00 and gave the stock a “buy” rating in a research report on Monday, April 27th. Eighteen equities research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price 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.