S&P Global Inc. $SPGI Shares Sold by Independence Bank of Kentucky

Independence Bank of Kentucky trimmed its holdings in shares of S&P Global Inc. (NYSE:SPGI) by 10.4% during the third quarter, Holdings Channel.com reports. The institutional investor owned 9,796 shares of the business services provider’s stock after selling 1,132 shares during the quarter. Independence Bank of Kentucky’s holdings in S&P Global were worth $3,864,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Bank of America Corp DE bought a new stake in shares of S&P Global in the 2nd quarter valued at $865,892,000. EdgePoint Investment Group Inc. bought a new position in S&P Global during the first quarter worth $702,911,000. Soroban Capital Partners LP boosted its stake in S&P Global by 260.3% during the first quarter. Soroban Capital Partners LP now owns 1,688,643 shares of the business services provider’s stock worth $718,247,000 after acquiring an additional 1,219,990 shares in the last quarter. Veritas Asset Management LLP acquired a new stake in S&P Global in the second quarter worth $338,274,000. Finally, Stonehage Fleming Financial Services Holdings Ltd acquired a new stake in S&P Global in the second quarter worth $164,700,000. 87.17% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

SPGI has been the topic of several research reports. Bank of America dropped their price objective on shares of S&P Global from $575.00 to $550.00 and set a “buy” rating on the stock in a report on Friday, July 10th. Weiss Ratings reissued a “hold (c)” rating on shares of S&P Global in a research report on Friday, October 2nd. 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 note on Friday, July 17th. Morgan Stanley decreased their target price on S&P Global from $525.00 to $477.00 and set an “overweight” rating for the company in a research report on Wednesday, October 7th. Finally, The Goldman Sachs Group decreased 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. Eighteen research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat.com, S&P Global currently has an average rating of “Moderate Buy” and a consensus price target of $515.88.

Trending Headlines about S&P Global

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

• Positive Sentiment: Q3 results exceeded expectations: S&P Global reported adjusted earnings of $4.58 per share versus the $4.43 consensus estimate, while revenue rose 6.8% year over year to $3.68 billion, ahead of estimates. Growth was led by the Indices and Market Intelligence businesses. S&P Global Beats Q3 Earnings on Indices & Market Intelligence
• Positive Sentiment: Full-year outlook and capital returns support sentiment: Management raised its 2026 outlook, and share repurchases are expected to exceed $7 billion for the year. The stronger guidance reinforces the company’s earnings momentum and shareholder-return profile. S&P Global Beats Earnings Estimates. A Major Shake-Up Could Be Coming.
• Positive Sentiment: Expansion into emerging markets: S&P Global completed its OpenZeppelin acquisition, adding expertise in onchain security and digital-asset risk assessment. It also expanded its indices business through a collaboration with Kalshi for prediction-market contracts, potentially creating new licensing opportunities. S&P Global Completes Acquisition of OpenZeppelin
• Neutral Sentiment: Capital IQ strategic review: S&P Global is evaluating alternatives for Capital IQ and related data businesses, including a possible separation. A transaction could unlock value by highlighting the assets’ standalone worth, but no decision or timetable has been announced. S&P Global explores potential separation of Capital IQ business
• Negative Sentiment: Investors are focused on execution and valuation risks: The potential Capital IQ spinoff introduces uncertainty over future revenue mix, costs and strategic direction. That concern appears to be outweighing the earnings beat in the near term, particularly as commentary has characterized SPGI as fully valued after its recent advance. S&P Global Drops as Investors Weigh Capital IQ Spinoff Math

S&P Global Stock Down 0.2%

Shares of NYSE:SPGI opened at $449.77 on Wednesday. S&P Global Inc. has a twelve month low of $381.61 and a twelve month high of $552.25. The stock’s 50 day moving average is $419.64 and its 200-day moving average is $432.90.

S&P Global (NYSE:SPGI) last posted its quarterly earnings results on Tuesday, October 27th. The business services provider reported $4.58 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.43 by $0.15. The business had revenue of $3.68 billion during the quarter, compared to analyst estimates of $3.64 billion. During the same period in the previous year, the business posted $4.73 EPS. The business’s revenue for the quarter was up 6.8% compared to the same quarter last year. Equities analysts anticipate that S&P Global Inc. will post 17.69 EPS for the current fiscal year.

S&P Global Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, December 10th. Shareholders of record on Wednesday, November 25th will be issued a dividend of $0.97 per share. The ex-dividend date is Wednesday, November 25th. This represents a $3.88 annualized dividend and a yield of 0.9%.

S&P Global Profile

S&P Global (NYSE: SPGI) is a global provider of financial information, analytics, benchmarks and credit ratings. Its services are used by investors, corporations, governments and other organizations to evaluate risk, assess markets, support investment decisions and manage business operations.

The company operates through businesses including S&P Global Ratings, which provides credit ratings and related research; S&P Global Market Intelligence, which delivers data, research and analytics on companies, markets and industries; and S&P Global Commodity Insights, which supplies information and analysis for energy and commodity markets.