Kapitalo Investimentos Ltda Boosts Stock Position in S&P Global Inc. $SPGI

Kapitalo Investimentos Ltda grew its holdings in shares of S&P Global Inc. (NYSE:SPGI) by 3,563.8% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 27,295 shares of the business services provider’s stock after purchasing an additional 26,550 shares during the quarter. S&P Global makes up about 0.7% of Kapitalo Investimentos Ltda’s investment portfolio, making the stock its 21st biggest position. Kapitalo Investimentos Ltda’s holdings in S&P Global were worth $10,907,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the stock. Joseph Group Capital Management purchased a new position in shares of S&P Global in the 4th quarter worth about $29,000. North Star Investment Management Corp. grew its holdings in S&P Global by 134.6% during the 4th quarter. North Star Investment Management Corp. now owns 61 shares of the business services provider’s stock valued at $32,000 after purchasing an additional 35 shares in the last quarter. Palladiem LLC purchased a new stake in shares of S&P Global during the fourth quarter worth about $36,000. Palisade Asset Management LLC acquired a new position in shares of S&P Global in the 3rd quarter valued at approximately $36,000. Finally, Swiss RE Ltd. bought a new position in S&P Global during the 4th quarter valued at $39,000. 87.17% of the stock is currently owned by hedge funds and other institutional investors.

S&P Global Price Performance

Shares of S&P Global stock opened at $433.18 on Wednesday. The company has a debt-to-equity ratio of 0.40, a current ratio of 0.95 and a quick ratio of 0.95. The firm has a fifty day moving average price of $423.07 and a two-hundred day moving average price of $424.29. S&P Global Inc. has a fifty-two week low of $381.61 and a fifty-two week high of $554.56. The company has a market cap of $127.70 billion, a PE ratio of 26.45, a price-to-earnings-growth ratio of 1.96 and a beta of 1.07.

S&P Global (NYSE:SPGI) last announced its quarterly earnings results on Tuesday, July 28th. The business services provider reported $4.83 earnings per share (EPS) for the quarter, beating the consensus estimate 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 firm had revenue of $4.15 billion for the quarter, compared to analyst estimates of $4.09 billion. During the same quarter in the previous year, the firm posted $4.43 EPS. The business’s revenue for the quarter was up 10.4% on a year-over-year basis. S&P Global has set its FY 2026 guidance at 17.500-17.750 EPS. Analysts expect 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 $0.97 dividend. 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 Upgrades and Downgrades

SPGI has been the subject of several recent research reports. Daiwa Securities Group lowered their target price on shares of S&P Global from $490.00 to $485.00 and set an “outperform” rating for the company in a research note on Wednesday, May 20th. Zacks Research cut shares of S&P Global from a “hold” rating to a “strong sell” rating in a research note on Monday, July 20th. BMO Capital Markets increased their price target on S&P Global from $495.00 to $505.00 and gave the company an “outperform” rating in a research note on Tuesday, July 7th. Weiss Ratings reiterated a “hold (c)” rating on shares of S&P Global in a report on Monday, July 6th. Finally, Royal Bank Of Canada cut their target price on shares of S&P Global from $560.00 to $510.00 and set an “outperform” rating for the company in a research report on Tuesday, July 7th. Eighteen analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average 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.