S&P Global Inc. $SPGI Stock Position Increased by Wealthfront Advisers LLC

Wealthfront Advisers LLC raised its position in shares of S&P Global Inc. (NYSE:SPGI) by 9.8% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 38,610 shares of the business services provider’s stock after purchasing an additional 3,436 shares during the period. Wealthfront Advisers LLC’s holdings in S&P Global were worth $15,724,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Vanguard Group Inc. raised its holdings in shares of S&P Global by 0.4% during the fourth quarter. Vanguard Group Inc. now owns 30,374,366 shares of the business services provider’s stock valued at $15,873,340,000 after buying an additional 117,728 shares during the last quarter. State Street Corp grew its holdings in S&P Global by 1.1% in the 4th quarter. State Street Corp now owns 14,259,690 shares of the business services provider’s stock worth $7,451,971,000 after buying an additional 157,301 shares in the last quarter. TCI Fund Management Ltd. increased its position in S&P Global by 5.4% in the 4th quarter. TCI Fund Management Ltd. now owns 11,790,310 shares of the business services provider’s stock valued at $6,161,498,000 after acquiring an additional 600,440 shares during the period. Morgan Stanley increased its position in S&P Global by 3.3% in the 4th quarter. Morgan Stanley now owns 8,333,099 shares of the business services provider’s stock valued at $4,354,796,000 after acquiring an additional 263,051 shares during the period. Finally, Norges Bank bought a new stake in S&P Global during the 4th quarter valued at $2,398,991,000. Institutional investors own 87.17% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on SPGI shares. Mizuho increased their price target on S&P Global from $551.00 to $554.00 and gave the stock an “outperform” rating in a research note on Tuesday, May 5th. Bank of America cut their price objective on shares of S&P Global from $575.00 to $550.00 and set a “buy” rating on the stock in a research note on Friday, July 10th. Royal Bank Of Canada reduced their price objective on shares of S&P Global from $560.00 to $510.00 and set an “outperform” rating for the company in a report on Tuesday, July 7th. JPMorgan Chase & Co. decreased their target price on shares of S&P Global from $555.00 to $530.00 and set an “overweight” rating for the company in a research report on Wednesday, July 29th. Finally, Jefferies Financial Group raised their target price on shares of S&P Global from $500.00 to $535.00 and gave the company a “buy” rating in a research note on Monday, April 27th. Eighteen research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $523.59.

S&P Global Stock Performance

NYSE:SPGI opened at $418.51 on Wednesday. S&P Global Inc. has a twelve month low of $381.61 and a twelve month high of $559.60. The company has a current ratio of 0.95, a quick ratio of 0.95 and a debt-to-equity ratio of 0.40. The company has a 50-day moving average of $422.28 and a 200-day moving average of $426.80. The firm has a market cap of $123.38 billion, a price-to-earnings ratio of 25.55, a price-to-earnings-growth ratio of 1.88 and a beta of 1.07.

S&P Global (NYSE:SPGI) last announced 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. S&P Global had a net margin of 31.37% and a return on equity of 17.74%. The company had revenue of $4.15 billion for the quarter, compared to analysts’ expectations of $4.09 billion. During the same quarter in the previous year, the company posted $4.43 EPS. The business’s revenue was up 10.4% compared to the same quarter last year. S&P Global has set its FY 2026 guidance at 17.500-17.750 EPS. Analysts forecast that S&P Global Inc. will post 17.75 earnings per share for the current fiscal year.

S&P Global Dividend Announcement

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

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.