Illinois Municipal Retirement Fund Reduces Position in S&P Global Inc. $SPGI

Illinois Municipal Retirement Fund lowered its position in S&P Global Inc. (NYSE:SPGI) by 20.4% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 7,699 shares of the business services provider’s stock after selling 1,976 shares during the quarter. Illinois Municipal Retirement Fund’s holdings in S&P Global were worth $3,747,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also modified their holdings of the company. Vanguard Group Inc. raised its position in S&P Global by 1.1% in the 2nd quarter. Vanguard Group Inc. now owns 30,094,919 shares of the business services provider’s stock valued at $15,868,750,000 after purchasing an additional 315,916 shares during the last quarter. TCI Fund Management Ltd. increased its stake in S&P Global by 7.0% in the second quarter. TCI Fund Management Ltd. now owns 11,091,623 shares of the business services provider’s stock valued at $5,848,502,000 after purchasing an additional 730,354 shares during the period. Geode Capital Management LLC raised its holdings in shares of S&P Global by 0.6% in the second quarter. Geode Capital Management LLC now owns 6,793,282 shares of the business services provider’s stock valued at $3,565,889,000 after buying an additional 42,724 shares during the last quarter. Norges Bank purchased a new stake in shares of S&P Global in the second quarter valued at about $2,188,945,000. Finally, Legal & General Group Plc boosted its stake in shares of S&P Global by 1.3% during the second quarter. Legal & General Group Plc now owns 2,135,004 shares of the business services provider’s stock worth $1,125,766,000 after buying an additional 26,945 shares during the period. 87.17% of the stock is owned by institutional investors and hedge funds.

S&P Global News Summary

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

• Positive Sentiment: Major brokerages reiterated bullish views — RBC Capital stuck with a Buy rating, reinforcing investor confidence in the company’s long-term fundamentals. RBC Capital Sticks to Their Buy Rating for S&P Global (SPGI)
• Positive Sentiment: Wells Fargo likewise stayed constructive with a Buy, adding to the supportive analyst narrative that likely helped the stock today. Wells Fargo Remains a Buy on S&P Global (SPGI)
• Positive Sentiment: Industry recognition: S&P Global Ratings was named Ratings Provider of the Year at the Private Equity Wire European Awards — a credibility boost for the franchise and its fees/growth narrative. S&P Global Ratings Wins Ratings Provider of the Year
• Neutral Sentiment: Evercore ISI trimmed its price target but kept a bullish rating — mixed signal that tempers upside while still signaling medium‑term confidence. Evercore ISI Trims S&P Global Inc. (SPGI) Price Target
• Neutral Sentiment: Mizuho cut its target from $657 to $551 but maintained an Outperform rating — another mixed analyst move that reduces implied upside while leaving a buy case intact. Mizuho Lowers Price Target for S&P Global
• Neutral Sentiment: Market commentary pieces and an options‑flow deep dive reflect elevated attention and active positioning by traders, useful for short‑term volatility but not clearly directional. S&P Global Options Trading: A Deep Dive into Market Sentiment
• Neutral Sentiment: Analysis asking whether SPGI is fairly priced after the recent slump — highlights valuation debate that could keep trading choppy. Is S&P Global (SPGI) Still Priced Fairly After The Recent Share Price Slump
• Negative Sentiment: Near‑term pressure stems from disappointing quarterly results that produced a new 12‑month low — the company slightly missed EPS estimates and guidance/forward growth expectations are under the microscope. S&P Global (NYSE:SPGI) Reaches New 12-Month Low on Disappointing Earnings

Analyst Upgrades and Downgrades

SPGI has been the topic of several recent research reports. Stifel Nicolaus dropped their price target on S&P Global from $599.00 to $489.00 and set a “buy” rating on the stock in a research report on Wednesday. BMO Capital Markets dropped their target price on S&P Global from $601.00 to $482.00 and set an “outperform” rating on the stock in a report on Wednesday. The Goldman Sachs Group set a $498.00 price target on S&P Global in a research note on Wednesday. Morgan Stanley lifted their price objective on shares of S&P Global from $620.00 to $627.00 and gave the company an “overweight” rating in a research report on Tuesday, January 13th. Finally, Weiss Ratings restated a “buy (b-)” rating on shares of S&P Global in a research report on Monday, December 29th. One research analyst has rated the stock with a Strong Buy rating and eighteen have issued a Buy rating to the company. According to MarketBeat, the stock currently has an average rating of “Buy” and an average target price of $576.38.

S&P Global Trading Up 3.2%

Shares of SPGI stock opened at $410.04 on Friday. The business’s fifty day moving average price is $507.38 and its 200 day moving average price is $511.27. The firm has a market capitalization of $122.52 billion, a PE ratio of 27.99, a P/E/G ratio of 1.77 and a beta of 1.20. The company has a debt-to-equity ratio of 0.40, a current ratio of 0.82 and a quick ratio of 0.97. S&P Global Inc. has a 1-year low of $381.61 and a 1-year high of $579.05.

S&P Global (NYSE:SPGI) last issued its earnings results on Tuesday, February 10th. The business services provider reported $4.30 EPS for the quarter, missing the consensus estimate of $4.32 by ($0.02). S&P Global had a return on equity of 16.56% and a net margin of 29.16%.The company had revenue of $3.92 billion for the quarter, compared to analysts’ expectations of $3.89 billion. During the same quarter in the previous year, the firm posted $3.77 earnings per share. S&P Global’s revenue for the quarter was up 9.0% on a year-over-year basis. S&P Global has set its FY 2026 guidance at 19.400-19.650 EPS. As a group, sell-side analysts forecast that S&P Global Inc. will post 17.11 EPS for the current fiscal year.

S&P Global Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, March 11th. Shareholders of record on Wednesday, February 25th will be given a dividend of $0.97 per share. The ex-dividend date is Wednesday, February 25th. This is an increase from S&P Global’s previous quarterly dividend of $0.96. This represents a $3.88 annualized dividend and a yield of 0.9%. S&P Global’s dividend payout ratio (DPR) is currently 26.21%.

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.