Arizona State Retirement System Reduces Position in S&P Global Inc. $SPGI

Key Points

• Arizona State Retirement System cut its holding in S&P Global by 3.3%, selling 2,990 shares and leaving a stake of 88,703 shares valued at $46.36 million at quarter-end.
• Wall Street remains broadly positive — S&P Global has an average analyst rating of "Buy" with a consensus target of $558.47, while the stock traded around $439.19 (52‑week range: $381.61–$579.05).
• S&P Global slightly missed quarterly EPS (reported $4.30 vs. $4.32 expected) as revenue rose 9% to $3.92 billion, and the company set FY2026 EPS guidance of 19.40–19.65.

Arizona State Retirement System decreased its stake in shares of S&P Global Inc. (NYSE:SPGI - Free Report) by 3.3% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 88,703 shares of the business services provider's stock after selling 2,990 shares during the period. Arizona State Retirement System's holdings in S&P Global were worth $46,355,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of the stock. Brighton Jones LLC boosted its stake in shares of S&P Global by 4.7% during the fourth quarter. Brighton Jones LLC now owns 3,176 shares of the business services provider's stock valued at $1,582,000 after acquiring an additional 143 shares during the last quarter. Sivia Capital Partners LLC boosted its stake in shares of 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 valued at $547,000 after acquiring an additional 75 shares during the last quarter. Neuberger Berman Group LLC boosted its stake in shares of S&P Global by 5.5% during the second quarter. Neuberger Berman Group LLC now owns 1,694,790 shares of the business services provider's stock valued at $893,511,000 after acquiring an additional 88,526 shares during the last quarter. Jump Financial LLC acquired a new stake in shares of S&P Global during the second quarter valued at $552,000. Finally, Main Street Financial Solutions LLC boosted its stake in shares of S&P Global by 17.2% during the second quarter. Main Street Financial Solutions LLC now owns 3,212 shares of the business services provider's stock valued at $1,694,000 after acquiring an additional 472 shares during the last quarter. Hedge funds and other institutional investors own 87.17% of the company's stock.

Wall Street Analyst Weigh In

A number of analysts recently commented on SPGI shares. Bank of America started coverage on S&P Global in a research note on Tuesday, February 17th. They set a "buy" rating and a $575.00 price objective on the stock. Barclays reaffirmed an "overweight" rating and set a $565.00 price objective on shares of S&P Global in a research note on Monday, February 23rd. Royal Bank Of Canada decreased their price objective on S&P Global from $620.00 to $560.00 and set an "outperform" rating on the stock in a research note on Wednesday, February 11th. Stifel Nicolaus decreased their price objective on S&P Global from $599.00 to $489.00 and set a "buy" rating on the stock in a report on Wednesday, February 11th. Finally, Robert W. Baird set a $546.00 price objective on S&P Global in a report on Wednesday, February 11th. One analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, S&P Global has an average rating of "Buy" and a consensus target price of $558.47.

S&P Global Price Performance

SPGI stock opened at $439.19 on Friday. S&P Global Inc. has a 52-week low of $381.61 and a 52-week high of $579.05. The stock's fifty day simple moving average is $428.25 and its 200-day simple moving average is $475.05. The company has a quick ratio of 0.82, a current ratio of 0.82 and a debt-to-equity ratio of 0.40. The stock has a market capitalization of $133.28 billion, a price-to-earnings ratio of 29.98, a price-to-earnings-growth ratio of 2.02 and a beta of 1.20.

S&P Global (NYSE:SPGI - Get Free Report) last posted its quarterly earnings data on Tuesday, February 10th. The business services provider reported $4.30 earnings per share (EPS) for the quarter, missing the consensus estimate 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 business had revenue of $3.92 billion for the quarter, compared to analyst estimates of $3.89 billion. During the same quarter last year, the business earned $3.77 EPS. S&P Global's revenue for the quarter 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. Equities research analysts expect that S&P Global Inc. will post 19.51 EPS for the current year.

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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