ABN AMRO Bank N.V. Lowers Stock Holdings in S&P Global Inc. $SPGI

Key Points

• ABN AMRO Bank cut its S&P Global stake by 48.1% in the second quarter, selling 273,674 shares and retaining 295,118 shares valued at approximately $120.1 million. Institutional investors still own 87.17% of the company.
• S&P Global reported quarterly EPS of $4.83, slightly beating estimates, while revenue rose 10.4% year over year to $4.15 billion. The company maintained fiscal 2026 EPS guidance of $17.50–$17.75.
• The company declared a quarterly dividend of $0.97, representing an annualized payout of $3.88 and a 0.9% yield. Analysts maintain a consensus “Moderate Buy” rating with an average price target of $523.59, versus a share price of $418.15.

ABN AMRO Bank N.V. reduced its position in S&P Global Inc. (NYSE:SPGI - Free Report) by 48.1% in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 295,118 shares of the business services provider's stock after selling 273,674 shares during the quarter. S&P Global accounts for about 1.5% of ABN AMRO Bank N.V.'s holdings, making the stock its 19th largest holding. ABN AMRO Bank N.V. owned approximately 0.10% of S&P Global worth $120,064,000 at the end of the most recent reporting period.

Several other institutional investors have also recently modified their holdings of the company. Rehmann Capital Advisory Group grew its holdings in shares of S&P Global by 1.2% during the 3rd quarter. Rehmann Capital Advisory Group now owns 1,925 shares of the business services provider's stock valued at $937,000 after purchasing an additional 22 shares during the last quarter. Salomon & Ludwin LLC raised its position in S&P Global by 14.2% in the 4th quarter. Salomon & Ludwin LLC now owns 185 shares of the business services provider's stock worth $99,000 after purchasing an additional 23 shares during the period. Washington Trust Bank lifted its stake in S&P Global by 1.2% in the fourth quarter. Washington Trust Bank now owns 1,888 shares of the business services provider's stock worth $987,000 after purchasing an additional 23 shares during the last quarter. Davidson Trust Co. lifted its stake in S&P Global by 1.4% in the fourth quarter. Davidson Trust Co. now owns 1,727 shares of the business services provider's stock worth $903,000 after purchasing an additional 24 shares during the last quarter. Finally, Hibernia Wealth Partners LLC boosted its position in S&P Global by 3.3% during the first quarter. Hibernia Wealth Partners LLC now owns 754 shares of the business services provider's stock valued at $321,000 after buying an additional 24 shares during the period. 87.17% of the stock is currently owned by institutional investors.

S&P Global Trading Down 0.2%

Shares of SPGI opened at $418.15 on Monday. The stock has a market capitalization of $123.27 billion, a P/E ratio of 25.53, a PEG ratio of 1.88 and a beta of 1.07. S&P Global Inc. has a twelve month low of $381.61 and a twelve month high of $565.28. The company has a quick ratio of 0.95, a current ratio of 0.95 and a debt-to-equity ratio of 0.40. The firm has a fifty day simple moving average of $422.53 and a two-hundred day simple moving average of $428.39.

S&P Global (NYSE:SPGI - Get Free Report) last released its quarterly earnings data on Tuesday, July 28th. The business services provider reported $4.83 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $4.81 by $0.02. The firm had revenue of $4.15 billion for the quarter, compared to analysts' expectations of $4.09 billion. S&P Global had a net margin of 31.37% and a return on equity of 17.74%. The company's revenue for the quarter was up 10.4% compared to the same quarter last year. During the same quarter in the previous year, the company earned $4.43 earnings per share. S&P Global has set its FY 2026 guidance at 17.500-17.750 EPS. On average, research analysts anticipate that S&P Global Inc. will post 17.75 EPS for the current year.

S&P Global Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 10th. Investors of record on Wednesday, August 26th will be paid a $0.97 dividend. The ex-dividend date of this dividend is Wednesday, August 26th. This represents a $3.88 annualized dividend and a dividend yield of 0.9%. S&P Global's dividend payout ratio (DPR) is presently 23.69%.

Analyst Ratings Changes

A number of research analysts have recently issued reports on the company. BMO Capital Markets raised their price objective on S&P Global from $495.00 to $505.00 and gave the company an "outperform" rating in a research note on Tuesday, July 7th. Zacks Research lowered S&P Global from a "hold" rating to a "strong sell" rating in a research note on Monday, July 20th. Stifel Nicolaus increased their target price on S&P Global from $489.00 to $521.00 and gave the company a "buy" rating in a report on Friday, July 17th. Citigroup raised their price target on S&P Global from $454.00 to $500.00 and gave the stock a "buy" rating in a research report on Wednesday, July 29th. Finally, Robert W. Baird decreased their price target on S&P Global from $521.00 to $513.00 and set an "outperform" rating on the stock in a research note on Wednesday, July 29th. Eighteen research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, S&P Global currently has a consensus rating of "Moderate Buy" and an average target price 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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