NEOS Investment Management LLC Has $20.15 Million Holdings in S&P Global Inc. $SPGI

NEOS Investment Management LLC grew its position in shares of S&P Global Inc. (NYSE:SPGI) by 12.6% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 49,481 shares of the business services provider’s stock after buying an additional 5,543 shares during the quarter. NEOS Investment Management LLC’s holdings in S&P Global were worth $20,152,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently bought and sold shares of the business. Brighton Jones LLC raised its position in S&P Global by 4.7% in the 4th quarter. Brighton Jones LLC now owns 3,176 shares of the business services provider’s stock worth $1,582,000 after purchasing an additional 143 shares during the last quarter. Sivia Capital Partners LLC boosted its holdings 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 buying an additional 75 shares during the last quarter. Neuberger Berman Group LLC boosted its stake in S&P Global by 5.5% during the 2nd quarter. Neuberger Berman Group LLC now owns 1,694,790 shares of the business services provider’s stock worth $893,511,000 after acquiring an additional 88,526 shares during the last quarter. Jump Financial LLC acquired a new stake in S&P Global in the second quarter worth $552,000. Finally, Main Street Financial Solutions LLC boosted its position in shares of S&P Global by 17.2% during the second quarter. Main Street Financial Solutions LLC now owns 3,212 shares of the business services provider’s stock worth $1,694,000 after purchasing an additional 472 shares in the last quarter. Institutional investors own 87.17% of the company’s stock.

Wall Street Analyst Weigh In

SPGI has been the subject of a number of recent analyst reports. Wall Street Zen upgraded shares of S&P Global to a “hold” rating in a research report on Saturday. Stifel Nicolaus increased their price target on S&P Global from $489.00 to $521.00 and gave the stock a “buy” rating in a report on Friday, July 17th. Citigroup raised their price target on S&P Global from $454.00 to $500.00 and gave the stock a “buy” rating in a research report on Wednesday, July 29th. Barclays decreased their price objective on S&P Global from $555.00 to $553.00 and set an “overweight” rating for the company in a research report on Wednesday, July 29th. Finally, UBS Group lowered their target price on S&P Global from $550.00 to $525.00 and set a “buy” rating for the company in a research note on Tuesday, July 7th. Eighteen analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, S&P Global currently has a consensus rating of “Moderate Buy” and an average target price of $523.59.

S&P Global Trading Down 1.6%

NYSE SPGI opened at $443.30 on Friday. The stock 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. The stock’s 50 day moving average price is $428.30 and its two-hundred day moving average price is $425.39. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.95 and a current ratio of 0.95. S&P Global Inc. has a 52 week low of $381.61 and a 52 week high of $552.25.

S&P Global (NYSE:SPGI) last released its earnings results on Tuesday, July 28th. The business services provider reported $4.83 earnings per share 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 business had revenue of $4.15 billion during the quarter, compared to the consensus estimate of $4.09 billion. During the same quarter last year, the firm earned $4.43 earnings per share. The firm’s revenue for the quarter 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. As a group, analysts anticipate that S&P Global Inc. will post 17.75 earnings per share for the current fiscal year.

S&P Global Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 10th. Investors of record on Wednesday, August 26th will be given 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 dividend payout ratio is 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.