Xponance Inc. Has $24.88 Million Position in S&P Global Inc. $SPGI

Xponance Inc. decreased its position in shares of S&P Global Inc. (NYSE:SPGI) by 2.2% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 51,117 shares of the business services provider’s stock after selling 1,158 shares during the period. Xponance Inc.’s holdings in S&P Global were worth $24,879,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. Brighton Jones LLC lifted its position in shares of S&P Global by 4.7% during the 4th quarter. Brighton Jones LLC now owns 3,176 shares of the business services provider’s stock worth $1,582,000 after buying an additional 143 shares during the last quarter. Sivia Capital Partners LLC raised its stake in S&P Global by 7.8% during the second quarter. Sivia Capital Partners LLC now owns 1,038 shares of the business services provider’s stock worth $547,000 after acquiring an additional 75 shares in the last quarter. Y Intercept Hong Kong Ltd raised its stake in S&P Global by 9.0% during the second quarter. Y Intercept Hong Kong Ltd now owns 1,654 shares of the business services provider’s stock worth $872,000 after acquiring an additional 136 shares in the last quarter. Advisory Alpha LLC bought a new position in shares of S&P Global in the second quarter worth about $262,000. Finally, Bank of Jackson Hole Trust acquired a new stake in shares of S&P Global in the 2nd quarter valued at approximately $58,000. 87.17% of the stock is currently owned by institutional investors and hedge funds.

S&P Global Trading Up 3.3%

NYSE SPGI opened at $437.54 on Friday. The firm has a market capitalization of $130.74 billion, a PE ratio of 29.87, a price-to-earnings-growth ratio of 1.88 and a beta of 1.20. The business’s 50-day moving average price is $492.80 and its two-hundred day moving average price is $503.06. The company has a current ratio of 0.82, a quick ratio of 0.82 and a debt-to-equity ratio of 0.40. S&P Global Inc. has a 12 month low of $381.61 and a 12 month high of $579.05.

S&P Global (NYSE:SPGI) last issued its quarterly earnings data on Tuesday, February 10th. The business services provider reported $4.30 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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 the consensus estimate of $3.89 billion. During the same quarter last year, the business earned $3.77 earnings per share. S&P Global’s revenue was up 9.0% compared to the same quarter last year. S&P Global has set its FY 2026 guidance at 19.400-19.650 EPS. On average, analysts expect that S&P Global Inc. will post 17.11 EPS for the current year.

S&P Global Increases Dividend

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

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on the stock. William Blair reiterated an “outperform” rating on shares of S&P Global in a research report on Monday, November 17th. UBS Group cut their price objective on S&P Global from $620.00 to $550.00 and set a “buy” rating on the stock in a report on Tuesday, February 17th. Wells Fargo & Company dropped their target price on S&P Global from $675.00 to $530.00 and set an “overweight” rating for the company in a research report on Wednesday, February 11th. Royal Bank Of Canada reduced their price target on S&P Global from $620.00 to $560.00 and set an “outperform” rating on the stock in a report on Wednesday, February 11th. Finally, The Goldman Sachs Group set a $498.00 price objective on shares of S&P Global in a report on Wednesday, February 11th. One investment analyst has rated the stock with a Strong Buy rating and seventeen have assigned a Buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus price target of $562.67.

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.