Capstone Investment Advisors LLC Invests $2.13 Million in S&P Global Inc. $SPGI

Capstone Investment Advisors LLC purchased a new stake in shares of S&P Global Inc. (NYSE:SPGI - Free Report) during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund purchased 5,235 shares of the business services provider's stock, valued at approximately $2,132,000.

A number of other large investors have also recently added to or reduced their stakes in SPGI. State Street Corp lifted its position in S&P Global by 1.1% in the fourth quarter. State Street Corp now owns 14,259,690 shares of the business services provider's stock valued at $7,451,971,000 after buying an additional 157,301 shares during the last quarter. TCI Fund Management Ltd. increased its position in shares of S&P Global by 5.4% during the fourth quarter. TCI Fund Management Ltd. now owns 11,790,310 shares of the business services provider's stock valued at $6,161,498,000 after acquiring an additional 600,440 shares during the last quarter. Morgan Stanley increased its position in shares of S&P Global by 3.3% during the fourth quarter. Morgan Stanley now owns 8,333,099 shares of the business services provider's stock valued at $4,354,796,000 after acquiring an additional 263,051 shares during the last quarter. Norges Bank purchased a new stake in shares of S&P Global in the 4th quarter valued at approximately $2,398,991,000. Finally, Capital International Investors raised its stake in shares of S&P Global by 43.6% in the 4th quarter. Capital International Investors now owns 3,037,912 shares of the business services provider's stock valued at $1,587,910,000 after acquiring an additional 922,433 shares during the period. 87.17% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities analysts recently weighed in on the stock. Barclays lowered their price objective on shares of S&P Global from $555.00 to $553.00 and set an "overweight" rating for the company in a research report on Wednesday, July 29th. Royal Bank Of Canada reissued an "outperform" rating and issued a $510.00 target price on shares of S&P Global in a research report on Wednesday. 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. Rothschild & Co Redburn lowered their price target on S&P Global from $540.00 to $520.00 and set a "buy" rating for the company in a research report on Thursday, June 18th. Finally, The Goldman Sachs Group dropped their price objective on S&P Global from $539.00 to $490.00 and set a "buy" rating for the company in a research note on Wednesday, July 1st. Eighteen research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from 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

Shares of SPGI stock opened at $435.73 on Friday. The firm has a 50 day moving average of $423.94 and a two-hundred day moving average of $424.16. The stock has a market capitalization of $128.45 billion, a PE ratio of 26.60, a P/E/G ratio of 1.96 and a beta of 1.07. The company has a quick ratio of 0.95, a current ratio of 0.95 and a debt-to-equity ratio of 0.40. 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 posted its quarterly earnings data on Tuesday, July 28th. The business services provider reported $4.83 earnings per share for the quarter, topping analysts' consensus estimates of $4.81 by $0.02. The business had revenue of $4.15 billion for 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%.The company's revenue was up 10.4% on a year-over-year basis. During the same quarter in the prior 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 predict that S&P Global Inc. will post 17.75 EPS for the current fiscal year.

S&P Global Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 10th. Shareholders of record on Wednesday, August 26th will be issued a dividend of $0.97 per share. The ex-dividend date is Wednesday, August 26th. This represents a $3.88 annualized dividend and a yield of 0.9%. S&P Global's dividend payout ratio is 23.69%.

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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