S&P Global Inc. $SPGI Shares Sold by Tounjian Advisory Partners LLC

Tounjian Advisory Partners LLC reduced its stake in S&P Global Inc. (NYSE:SPGI) by 23.5% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 5,400 shares of the business services provider’s stock after selling 1,658 shares during the quarter. Tounjian Advisory Partners LLC’s holdings in S&P Global were worth $2,628,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. American Century Companies Inc. boosted its stake in shares of S&P Global by 2.5% during the 3rd quarter. American Century Companies Inc. now owns 748,725 shares of the business services provider’s stock worth $364,414,000 after purchasing an additional 18,189 shares during the last quarter. Quantbot Technologies LP acquired a new position in S&P Global in the 3rd quarter valued at $6,629,000. Aster Capital Management DIFC Ltd purchased a new position in shares of S&P Global during the 3rd quarter worth $86,000. MGB Wealth Management LLC grew its position in shares of S&P Global by 14.9% in the third quarter. MGB Wealth Management LLC now owns 771 shares of the business services provider’s stock valued at $376,000 after purchasing an additional 100 shares during the period. Finally, Erste Asset Management GmbH lifted its position in S&P Global by 39.2% during the third quarter. Erste Asset Management GmbH now owns 161,316 shares of the business services provider’s stock worth $79,109,000 after buying an additional 45,413 shares during the period. Institutional investors and hedge funds own 87.17% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on SPGI shares. Morgan Stanley raised their target price on shares of S&P Global from $620.00 to $627.00 and gave the stock an “overweight” rating in a research report on Tuesday, January 13th. UBS Group decreased their price target on shares of S&P Global from $620.00 to $550.00 and set a “buy” rating on the stock in a report on Tuesday, February 17th. William Blair reissued an “outperform” rating on shares of S&P Global in a research note on Monday, November 17th. Evercore set a $625.00 target price on S&P Global and gave the company an “outperform” rating in a report on Wednesday, February 11th. Finally, BMO Capital Markets lowered their price target on S&P Global from $601.00 to $482.00 and set an “outperform” rating for the company in a research report on Wednesday, February 11th. One equities research analyst has rated the stock with a Strong Buy rating and seventeen have assigned a Buy rating to the company. According to MarketBeat.com, S&P Global presently has a consensus rating of “Buy” and a consensus price target of $562.67.

S&P Global Trading Up 0.9%

SPGI opened at $441.48 on Friday. The firm’s 50 day moving average is $491.39 and its 200-day moving average is $502.26. S&P Global Inc. has a 52-week low of $381.61 and a 52-week high of $579.05. The company has a quick ratio of 0.82, a current ratio of 0.82 and a debt-to-equity ratio of 0.40. The firm has a market capitalization of $131.91 billion, a P/E ratio of 30.13, a P/E/G ratio of 1.94 and a beta of 1.20.

S&P Global (NYSE:SPGI) last released its quarterly earnings results on Tuesday, February 10th. The business services provider reported $4.30 earnings per share (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 firm had revenue of $3.92 billion for the quarter, compared to analysts’ expectations of $3.89 billion. During the same period last year, the firm earned $3.77 EPS. The business’s quarterly revenue 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. Analysts expect that S&P Global Inc. will post 17.11 EPS for the current fiscal year.

S&P Global Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, March 11th. Investors of record on Wednesday, February 25th will be issued a $0.97 dividend. This is an increase from S&P Global’s previous quarterly dividend of $0.96. This represents a $3.88 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date of this dividend is Wednesday, February 25th. S&P Global’s dividend payout ratio (DPR) is currently 26.48%.

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.