S&P Global Inc. $SPGI Shares Acquired by Flputnam Investment Management Co.

Flputnam Investment Management Co. boosted its position in S&P Global Inc. (NYSE:SPGI) by 87.2% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 4,009 shares of the business services provider’s stock after buying an additional 1,867 shares during the period. Flputnam Investment Management Co.’s holdings in S&P Global were worth $1,633,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also made changes to their positions in SPGI. Palladiem LLC acquired a new stake in shares of S&P Global during the 4th quarter valued at about $36,000. Pingora Partners LLC purchased a new stake in shares of S&P Global during the second quarter worth $29,000. Palisade Asset Management LLC acquired a new position in shares of S&P Global during the 3rd quarter worth approximately $36,000. Swiss RE Ltd. purchased a new stake in S&P Global in the 4th quarter valued at $39,000. Finally, Lloyd Advisory Services LLC. acquired a new stake in S&P Global during the fourth quarter worth about $44,000. Institutional investors and hedge funds own 87.17% of the company’s stock.

S&P Global Price Performance

Shares of NYSE:SPGI opened at $442.62 on Monday. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.95 and a current ratio of 0.95. The stock has a market cap of $130.48 billion, a PE ratio of 27.02, a price-to-earnings-growth ratio of 1.99 and a beta of 1.07. The business’s fifty day moving average price is $424.57 and its two-hundred day moving average price is $424.15. S&P Global Inc. has a one year low of $381.61 and a one year high of $552.25.

S&P Global (NYSE:SPGI) last issued its quarterly earnings results on Tuesday, July 28th. The business services provider reported $4.83 earnings per share for the quarter, beating the consensus estimate of $4.81 by $0.02. S&P Global had a return on equity of 17.74% and a net margin of 31.37%.The company had revenue of $4.15 billion during the quarter, compared to the consensus estimate of $4.09 billion. During the same period in the previous year, the firm posted $4.43 EPS. S&P Global’s revenue 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. On average, analysts forecast that S&P Global Inc. will post 17.75 EPS for the current fiscal year.

S&P Global Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 10th. Investors of record on Wednesday, August 26th will be given a $0.97 dividend. This represents a $3.88 annualized dividend and a dividend yield of 0.9%. The ex-dividend date of this dividend is Wednesday, August 26th. S&P Global’s dividend payout ratio (DPR) is 23.69%.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on the company. Mizuho upped their price target on S&P Global from $551.00 to $554.00 and gave the company an “outperform” rating in a research note on Tuesday, May 5th. UBS Group lowered their price objective on S&P Global from $550.00 to $525.00 and set a “buy” rating for the company in a research report on Tuesday, July 7th. Weiss Ratings reiterated a “hold (c)” rating on shares of S&P Global in a research note on Monday, July 6th. The Goldman Sachs Group dropped their price target on shares of 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, Morgan Stanley reduced their target price on S&P Global from $557.00 to $525.00 and set an “overweight” rating for the company in a report on Tuesday, July 7th. Eighteen equities research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $523.59.

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.