Odyssean LLC Takes $706,000 Position in S&P Global Inc. $SPGI

Odyssean LLC acquired a new position in S&P Global Inc. (NYSE:SPGI) in the second quarter, Holdings Channel.com reports. The institutional investor acquired 1,734 shares of the business services provider’s stock, valued at approximately $706,000.

Several other large investors have also modified their holdings of the company. Palladiem LLC bought a new position in S&P Global in the 4th quarter worth $36,000. Palisade Asset Management LLC bought a new stake in S&P Global during the third quarter valued at about $36,000. Swiss RE Ltd. bought a new stake in S&P Global during the fourth quarter valued at about $39,000. Lloyd Advisory Services LLC. acquired a new stake in shares of S&P Global in the fourth quarter valued at about $44,000. Finally, Legacy Wealth Managment LLC ID grew its position in shares of S&P Global by 190.0% in the fourth quarter. Legacy Wealth Managment LLC ID now owns 87 shares of the business services provider’s stock valued at $45,000 after purchasing an additional 57 shares during the last quarter. 87.17% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on SPGI shares. Zacks Research cut S&P Global from a “hold” rating to a “strong sell” rating in a research report on Monday, July 20th. Barclays lowered their target price on S&P Global from $555.00 to $553.00 and set an “overweight” rating on the stock in a report on Wednesday, July 29th. Bank of America dropped their price target on S&P Global from $575.00 to $550.00 and set a “buy” rating on the stock in a research report on Friday, July 10th. UBS Group cut their price target on S&P Global from $550.00 to $525.00 and set a “buy” rating for the company in a report on Tuesday, July 7th. Finally, Stifel Nicolaus increased their price objective 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. Eighteen investment analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $523.59.

S&P Global Stock Performance

Shares of NYSE SPGI opened at $443.30 on Friday. The firm has a market capitalization of $130.68 billion, a price-to-earnings ratio of 27.06, a PEG ratio of 2.17 and a beta of 1.07. S&P Global Inc. has a one year low of $381.61 and a one year high of $552.25. The business has a fifty day simple moving average of $428.30 and a 200 day simple moving average of $425.39. 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 posted 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 firm had revenue of $4.15 billion for the quarter, compared to the consensus estimate 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 was up 10.4% compared to the same quarter last year. During the same quarter in the previous year, the company earned $4.43 earnings per share. S&P Global has set its FY 2026 guidance at 17.500-17.750 EPS. Sell-side analysts expect that S&P Global Inc. will post 17.75 EPS for the current year.

S&P Global Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 10th. Stockholders of record on Wednesday, August 26th will be issued a dividend of $0.97 per share. This represents a $3.88 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date of this dividend is Wednesday, August 26th. S&P Global’s dividend payout ratio (DPR) is presently 23.69%.

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.