16,671 Shares in S&P Global Inc. $SPGI Acquired by North Star Asset Management Inc.

Key Points

• North Star Asset Management acquired 16,671 shares of S&P Global during the second quarter, valued at approximately $6.79 million. Institutional investors and hedge funds collectively own 87.17% of the company.
• S&P Global exceeded quarterly expectations, reporting $4.83 in EPS and $4.15 billion in revenue, with revenue up 10.4% year over year. The company guided to fiscal 2026 EPS of $17.50–$17.75.
• Analysts maintain a broadly positive outlook, with a consensus “Moderate Buy” rating and a $523.59 price target. S&P Global also declared a quarterly dividend of $0.97 per share, representing a 0.9% annualized yield.

North Star Asset Management Inc. acquired a new position in shares of S&P Global Inc. (NYSE:SPGI - Free Report) in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 16,671 shares of the business services provider's stock, valued at approximately $6,790,000.

A number of other hedge funds have also modified their holdings of SPGI. Joseph Group Capital Management acquired a new position in shares of S&P Global in the 4th quarter valued at $29,000. Pingora Partners LLC acquired a new stake in S&P Global during the 2nd quarter worth about $29,000. North Star Investment Management Corp. raised 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 worth $32,000 after buying an additional 35 shares during the period. Palladiem LLC purchased a new stake in S&P Global during the fourth quarter valued at about $36,000. Finally, Palisade Asset Management LLC acquired a new position in shares of S&P Global in the third quarter worth about $36,000. 87.17% of the stock is currently owned by institutional investors and hedge funds.

S&P Global Stock Performance

Shares of SPGI opened at $435.73 on Friday. The company has a market capitalization of $128.45 billion, a PE ratio of 26.60, a PEG ratio of 1.96 and a beta of 1.07. 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 company's 50 day moving average price is $423.94 and its 200 day moving average price is $424.16. S&P Global Inc. has a 52 week low of $381.61 and a 52 week high of $552.25.

S&P Global (NYSE:SPGI - Get Free Report) 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. The business had revenue of $4.15 billion during the quarter, compared to analyst estimates of $4.09 billion. S&P Global had a return on equity of 17.74% and a net margin of 31.37%.S&P Global's quarterly revenue was up 10.4% compared to the same quarter last year. During the same period last year, the company earned $4.43 earnings per share. S&P Global has set its FY 2026 guidance at 17.500-17.750 EPS. Research analysts expect that S&P Global Inc. will post 17.75 EPS for the current fiscal year.

S&P Global Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 10th. Stockholders 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 currently 23.69%.

Analysts Set New Price Targets

SPGI has been the topic of several analyst reports. Morgan Stanley dropped their target price on shares of S&P Global from $557.00 to $525.00 and set an "overweight" rating on the stock in a research report on Tuesday, July 7th. Royal Bank Of Canada reiterated an "outperform" rating and set a $510.00 price objective on shares of S&P Global in a research report on Wednesday. Stifel Nicolaus boosted their target price on shares of S&P Global from $489.00 to $521.00 and gave the company a "buy" rating in a research note on Friday, July 17th. Wall Street Zen upgraded S&P Global to a "hold" rating in a report on Saturday, July 4th. Finally, Robert W. Baird reduced their target price on S&P Global from $521.00 to $513.00 and set an "outperform" rating for the company in a report on Wednesday, July 29th. Eighteen investment analysts have rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus price target of $523.59.

S&P Global Company 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.

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