Capstone Investment Advisors LLC Acquires Shares of 5,235 S&P Global Inc. $SPGI

Capstone Investment Advisors LLC acquired a new stake in S&P Global Inc. (NYSE:SPGI) during the second quarter, Holdings Channel.com reports. The firm acquired 5,235 shares of the business services provider’s stock, valued at approximately $2,132,000.

Several other institutional investors have also modified their holdings of the company. Dorsey Asset Management LLC purchased a new position in shares of S&P Global in the 1st quarter valued at $94,716,000. Troy Asset Management Ltd raised its stake in S&P Global by 26.2% during the 4th quarter. Troy Asset Management Ltd now owns 41,706 shares of the business services provider’s stock worth $21,795,000 after acquiring an additional 8,652 shares in the last quarter. Capital International Inc. CA lifted its position in S&P Global by 11.6% in the fourth quarter. Capital International Inc. CA now owns 70,716 shares of the business services provider’s stock valued at $36,955,000 after acquiring an additional 7,343 shares during the last quarter. ABN Amro Investment Solutions lifted its position in S&P Global by 6.3% in the fourth quarter. ABN Amro Investment Solutions now owns 151,284 shares of the business services provider’s stock valued at $79,060,000 after acquiring an additional 8,997 shares during the last quarter. Finally, Danske Bank A S boosted its stake in S&P Global by 8.9% in the fourth quarter. Danske Bank A S now owns 225,778 shares of the business services provider’s stock valued at $117,989,000 after acquiring an additional 18,465 shares in the last quarter. 87.17% of the stock is owned by hedge funds and other institutional investors.

S&P Global Stock Down 0.2%

Shares of NYSE:SPGI opened at $435.73 on Friday. The stock has a market cap of $128.45 billion, a P/E ratio of 26.60, a P/E/G ratio of 1.96 and a beta of 1.07. The firm has a fifty day moving average price of $423.94 and a 200 day moving average price of $424.16. The company has a debt-to-equity ratio of 0.40, a current ratio of 0.95 and a quick ratio of 0.95. S&P Global Inc. has a 1-year low of $381.61 and a 1-year high of $552.25.

S&P Global (NYSE:SPGI) last issued its quarterly earnings data on Tuesday, July 28th. The business services provider reported $4.83 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.81 by $0.02. The company 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%. S&P Global’s revenue for the quarter was up 10.4% on a year-over-year basis. During the same period last year, the firm posted $4.43 EPS. S&P Global has set its FY 2026 guidance at 17.500-17.750 EPS. Sell-side analysts predict that S&P Global Inc. will post 17.75 EPS for the current year.

S&P Global Dividend Announcement

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 issued a dividend of $0.97 per share. The ex-dividend date of this dividend is Wednesday, August 26th. This represents a $3.88 dividend on an annualized basis and a dividend yield of 0.9%. S&P Global’s dividend payout ratio (DPR) is currently 23.69%.

Analyst Ratings Changes

Several brokerages have issued reports on SPGI. Weiss Ratings reaffirmed a “hold (c)” rating on shares of S&P Global in a report on Monday, July 6th. Wall Street Zen raised S&P Global to a “hold” rating in a report on Saturday, July 4th. Robert W. Baird decreased their target price on S&P Global from $521.00 to $513.00 and set an “outperform” rating for the company in a research report on Wednesday, July 29th. The Goldman Sachs Group dropped their price target on S&P Global from $539.00 to $490.00 and set a “buy” rating on the stock in a research note on Wednesday, July 1st. Finally, JPMorgan Chase & Co. cut their price target on S&P Global from $555.00 to $530.00 and set an “overweight” rating on the stock in a research report on Wednesday, July 29th. Eighteen investment analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, S&P Global has an average rating of “Moderate Buy” and a consensus target price of $523.59.

About S&P Global

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.