340,918 Shares in S&P Global Inc. $SPGI Acquired by Nykredit A S

Key Points

• Nykredit A S acquired 340,918 shares of S&P Global during the second quarter, valued at approximately $138.8 million and representing a 0.12% stake. Institutional investors collectively own 87.17% of the company.
• Analysts remain broadly positive, with 18 Buy ratings and two Holds producing a consensus “Moderate Buy” rating and an average price target of $523.59, well above the reported $404.57 share price.
• 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 also announced a $0.97 quarterly dividend and agreed to acquire OpenZeppelin to expand its digital-asset risk and security capabilities.

Nykredit A S bought a new stake in S&P Global Inc. (NYSE:SPGI - Free Report) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm bought 340,918 shares of the business services provider's stock, valued at approximately $138,842,000. Nykredit A S owned 0.12% of S&P Global at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the business. Advus Financial Partners LLC lifted its holdings in S&P Global by 5.4% in the second quarter. Advus Financial Partners LLC now owns 681 shares of the business services provider's stock worth $277,000 after purchasing an additional 35 shares during the period. Washington Trust Advisors Inc. increased its stake in S&P Global by 2.3% during the 2nd quarter. Washington Trust Advisors Inc. now owns 22,990 shares of the business services provider's stock valued at $9,363,000 after buying an additional 524 shares during the period. Ameritas Advisory Services LLC increased its stake in S&P Global by 10.2% during the 2nd quarter. Ameritas Advisory Services LLC now owns 1,179 shares of the business services provider's stock valued at $480,000 after buying an additional 109 shares during the period. Kintra Wealth LLC raised its position in shares of S&P Global by 10.4% during the 2nd quarter. Kintra Wealth LLC now owns 635 shares of the business services provider's stock worth $268,000 after buying an additional 60 shares in the last quarter. Finally, Nilsine Partners LLC raised its position in shares of S&P Global by 40.0% during the 2nd quarter. Nilsine Partners LLC now owns 1,126 shares of the business services provider's stock worth $459,000 after buying an additional 322 shares in the last quarter. Institutional investors own 87.17% of the company's stock.

Analysts Set New Price Targets

A number of analysts have recently weighed in on the stock. Citigroup upped their price target on shares of S&P Global from $454.00 to $500.00 and gave the stock a "buy" rating in a research note on Wednesday, July 29th. Rothschild & Co Redburn dropped their target price on S&P Global from $540.00 to $520.00 and set a "buy" rating on the stock in a report on Thursday, June 18th. Morgan Stanley dropped their target price on S&P Global from $557.00 to $525.00 and set an "overweight" rating on the stock in a report on Tuesday, July 7th. UBS Group cut their target price 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. Finally, Stifel Nicolaus increased their price target on S&P Global from $489.00 to $521.00 and gave the company a "buy" rating in a research note on Friday, July 17th. Eighteen research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $523.59.

S&P Global Stock Performance

NYSE:SPGI opened at $404.57 on Friday. The company has a 50-day moving average of $426.15 and a 200-day moving average of $425.26. The firm has a market cap of $119.27 billion, a price-to-earnings ratio of 24.70, a price-to-earnings-growth ratio of 1.96 and a beta of 1.07. The company has a current ratio of 0.95, a quick ratio of 0.95 and a debt-to-equity ratio of 0.40. S&P Global Inc. has a twelve month low of $381.61 and a twelve month high of $552.25.

S&P Global (NYSE:SPGI - Get Free Report) last released its earnings results on Tuesday, July 28th. The business services provider reported $4.83 EPS for the quarter, topping analysts' consensus estimates 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 business had revenue of $4.15 billion for the quarter, compared to the consensus estimate of $4.09 billion. During the same period in the previous year, the firm earned $4.43 EPS. The business's revenue for the quarter 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. 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 business also recently declared a quarterly dividend, which was paid on Thursday, September 10th. Shareholders of record on Wednesday, August 26th were issued a $0.97 dividend. The ex-dividend date of this dividend was Wednesday, August 26th. This represents a $3.88 annualized dividend and a dividend yield of 1.0%. S&P Global's dividend payout ratio is currently 23.69%.

S&P Global News Roundup

Here are the key news stories impacting S&P Global this week:

• Positive Sentiment: OpenZeppelin acquisition expands growth opportunities: S&P Global agreed to acquire OpenZeppelin, a leading on-chain security company whose smart-contract technology has supported more than $37 trillion in value transfers and includes over 900 client engagements. The deal could strengthen S&P Global’s risk-assessment tools for digital assets, stablecoins and other on-chain financial products. Financial terms were not disclosed, and OpenZeppelin founder Demian Brener will continue leading the business. S&P Global Announces Agreement to Acquire OpenZeppelin
• Positive Sentiment: Analyst support remains favorable: Barclays maintained its Buy rating, while recurring revenue, artificial-intelligence adoption and productivity gains continue to support S&P Global’s longer-term growth outlook. Barclays Sticks to Their Buy Rating for S&P Global
• Neutral Sentiment: Analyst stance improved but remains cautious: Zacks Research upgraded S&P Global from “strong sell” to “hold,” signaling reduced downside conviction rather than a bullish recommendation.
• Neutral Sentiment: Energy research adds visibility, not immediate earnings impact: S&P Global’s latest study highlights rising energy demand in emerging markets and increasing challenges to ambitious climate targets, reinforcing the value of its research and data franchise but offering little near-term catalyst for earnings.
• Negative Sentiment: Deal uncertainty and margin pressure weigh on sentiment: Investors have limited visibility into the OpenZeppelin purchase price, potential returns and closing conditions. Separately, rising investment spending and a business reset are pressuring margins, offsetting some benefits from recurring revenue and productivity improvements. Recurring Revenues Aid SPGI Despite Investment Pressuring Margins

S&P Global Profile

S&P Global Inc NYSE: SPGI provides financial information, analytics, benchmarks and credit ratings to businesses, governments and investors worldwide. Its services are used to evaluate credit risk, analyze markets, value assets, assess commodities and support investment and business decisions.

The company operates through businesses that include S&P Global Ratings, which provides credit ratings and related research; S&P Global Market Intelligence, which delivers financial and industry data, analytics and workflow tools; S&P Global Commodity Insights, which supplies information and pricing assessments for energy and commodity markets; and S&P Dow Jones Indices, which develops and maintains market indexes such as the S&P 500.

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