Canandaigua National Bank & Trust Co. Sells 1,241 Shares of S&P Global Inc. $SPGI

Canandaigua National Bank & Trust Co. lessened its holdings in S&P Global Inc. (NYSE:SPGI) by 42.6% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 1,669 shares of the business services provider’s stock after selling 1,241 shares during the quarter. Canandaigua National Bank & Trust Co.’s holdings in S&P Global were worth $872,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently bought and sold shares of the business. Vanguard Group Inc. grew its position in S&P Global by 0.4% in 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 acquiring an additional 117,728 shares during the last quarter. Wellington Management Group LLP grew its position in S&P Global by 4.6% in the 3rd quarter. Wellington Management Group LLP now owns 6,231,644 shares of the business services provider’s stock valued at $3,033,003,000 after acquiring an additional 274,285 shares during the last quarter. Legal & General Group Plc grew its position in S&P Global by 3.2% in the 3rd quarter. Legal & General Group Plc now owns 2,202,872 shares of the business services provider’s stock valued at $1,072,160,000 after acquiring an additional 67,868 shares during the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. grew its position in S&P Global by 7.1% in the 3rd quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 1,965,082 shares of the business services provider’s stock valued at $956,425,000 after acquiring an additional 130,177 shares during the last quarter. Finally, Unisphere Establishment grew its position in S&P Global by 5.9% in the 2nd quarter. Unisphere Establishment now owns 1,800,000 shares of the business services provider’s stock valued at $949,122,000 after acquiring an additional 100,000 shares during the last quarter. Institutional investors 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: Q1 results topped expectations: S&P Global reported stronger-than-expected revenue and EPS, with revenue up year-over-year and management setting FY2026 EPS guidance of $19.40–19.65, supporting fundamentals and forward visibility. Q1 2026 Earnings Call Highlights
• Positive Sentiment: Major broker price-target lifts: Morgan Stanley bumped its PT to $557 (keeps overweight) and JPMorgan raised its PT to $550 (overweight), signaling institutional confidence and potential upside. Morgan Stanley Lift JPMorgan Adjusts PT
• Positive Sentiment: Strategic moves in energy: S&P Global announced strategic innovations and changes in its upstream energy business aimed at improving its footprint in energy markets — a potential long-term revenue driver if execution succeeds. Strategic Innovations in Upstream Energy
• Positive Sentiment: Global expansion: The firm opened a new Gurugram office as it expands its India hub, supporting talent scale and cost diversification in a key growth region. India Hub Expansion
• Neutral Sentiment: Investor access: CEO Martina Cheung will present at the Barclays Americas Select Conference (May 5), providing fresh management commentary but no immediate material news. Barclays Conference
• Neutral Sentiment: Industry commentary: Recent analyst write-ups and previews are providing varied takes on S&P Global’s positioning vs. peers; useful for context but not single‑handedly market-moving. Analysts Offer Insights
• Negative Sentiment: Energy headwinds and market volatility cited in post‑earnings commentary could pressure parts of the business and investor sentiment, tempering the upside from the beat. Q1 Deep Dive
• Negative Sentiment: Minor analyst downgrade to estimates: Erste Group trimmed its FY2026 EPS forecast very slightly, signaling some caution among brokers even as consensus remains close to management guidance. (Report summary)

S&P Global Trading Down 0.3%

Shares of NYSE SPGI opened at $431.68 on Friday. The company has a debt-to-equity ratio of 0.34, a current ratio of 0.68 and a quick ratio of 0.82. The stock has a market capitalization of $127.78 billion, a P/E ratio of 27.32, a price-to-earnings-growth ratio of 1.94 and a beta of 1.20. S&P Global Inc. has a 1-year low of $381.61 and a 1-year high of $579.05. The business has a fifty day moving average price of $430.38 and a 200 day moving average price of $473.37.

S&P Global (NYSE:SPGI) last issued its quarterly earnings data on Tuesday, April 28th. The business services provider reported $4.97 earnings per share for the quarter, topping analysts’ consensus estimates of $4.82 by $0.15. The firm had revenue of $4.17 billion during the quarter, compared to analysts’ expectations of $4.08 billion. S&P Global had a return on equity of 17.26% and a net margin of 30.37%.The firm’s quarterly revenue was up 10.4% on a year-over-year basis. During the same period in the prior year, the business posted $4.37 EPS. S&P Global has set its FY 2026 guidance at 19.400-19.650 EPS. Equities research analysts expect that S&P Global Inc. will post 19.55 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on SPGI shares. BMO Capital Markets upped their price objective on S&P Global from $482.00 to $495.00 and gave the company an “outperform” rating in a research report on Tuesday, March 17th. The Goldman Sachs Group reaffirmed a “buy” rating on shares of S&P Global in a research report on Tuesday. Wells Fargo & Company cut their price objective on S&P Global from $530.00 to $525.00 and set an “overweight” rating on the stock in a research report on Monday, April 13th. Bank of America started coverage on S&P Global in a research report on Tuesday, February 17th. They issued a “buy” rating and a $575.00 price objective on the stock. Finally, Royal Bank Of Canada dropped their price target on S&P Global from $620.00 to $560.00 and set an “outperform” rating on the stock in a research report on Wednesday, February 11th. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Buy” and an average target price of $550.44.

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.