Formuepleje A S Sells 7,076 Shares of S&P Global Inc. $SPGI

Key Points

• Formuepleje A S reduced its S&P Global stake by 5.1% in the second quarter, selling 7,076 shares and retaining 132,448 shares worth approximately $53.9 million. Institutional investors collectively own 87.17% of SPGI.
• S&P Global reported quarterly revenue of $4.15 billion and adjusted earnings of $4.83 per share, exceeding analyst expectations, while revenue increased 10.4% year over year. The company set fiscal 2026 EPS guidance at $17.50–$17.75.
• The company declared a quarterly dividend of $0.97 per share, equivalent to $3.88 annually and a 0.9% yield. Analysts maintain a “Moderate Buy” consensus with an average price target of $523.59, compared with the reported share price of $443.30.

Formuepleje A S decreased its position in S&P Global Inc. (NYSE:SPGI - Free Report) by 5.1% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 132,448 shares of the business services provider's stock after selling 7,076 shares during the period. S&P Global makes up 4.2% of Formuepleje A S's portfolio, making the stock its 10th largest position. Formuepleje A S's holdings in S&P Global were worth $53,941,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in the business. Brighton Jones LLC increased its holdings in shares of S&P Global by 4.7% in the fourth quarter. Brighton Jones LLC now owns 3,176 shares of the business services provider's stock worth $1,582,000 after acquiring an additional 143 shares in the last quarter. Sivia Capital Partners LLC grew its position in shares of S&P Global by 7.8% in the 2nd quarter. Sivia Capital Partners LLC now owns 1,038 shares of the business services provider's stock valued at $547,000 after purchasing an additional 75 shares during the period. Neuberger Berman Group LLC grew its position in shares of S&P Global by 5.5% in the 2nd quarter. Neuberger Berman Group LLC now owns 1,694,790 shares of the business services provider's stock valued at $893,511,000 after purchasing an additional 88,526 shares during the period. Jump Financial LLC bought a new stake in S&P Global during the 2nd quarter worth approximately $552,000. Finally, Main Street Financial Solutions LLC increased its stake in S&P Global by 17.2% during the 2nd quarter. Main Street Financial Solutions LLC now owns 3,212 shares of the business services provider's stock worth $1,694,000 after purchasing an additional 472 shares in the last quarter. Institutional investors and hedge funds own 87.17% of the company's stock.

S&P Global Price Performance

NYSE:SPGI opened at $443.30 on Monday. S&P Global Inc. has a 1-year low of $381.61 and a 1-year high of $552.25. The company has a current ratio of 0.95, a quick ratio of 0.95 and a debt-to-equity ratio of 0.40. The firm has a fifty day simple moving average of $428.30 and a 200 day simple moving average of $425.50. The stock has a market capitalization of $130.68 billion, a PE ratio of 27.06, a P/E/G ratio of 2.14 and a beta of 1.07.

S&P Global (NYSE:SPGI - Get Free Report) last issued its earnings results 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. 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 company earned $4.43 earnings per share. The firm'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. On average, research analysts expect that S&P Global Inc. will post 17.75 EPS for the current fiscal year.

S&P Global Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 10th. Stockholders of record on Wednesday, August 26th will be issued a $0.97 dividend. This represents a $3.88 dividend on an annualized basis 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 is presently 23.69%.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on SPGI shares. Citigroup lifted their price target on shares of S&P Global from $454.00 to $500.00 and gave the company a "buy" rating in a research note on Wednesday, July 29th. Robert W. Baird set a $513.00 price objective on shares of S&P Global in a research report on Wednesday. Wall Street Zen upgraded shares of S&P Global to a "hold" rating in a report on Saturday. Zacks Research cut shares of S&P Global from a "hold" rating to a "strong sell" rating in a research report on Monday, July 20th. Finally, Royal Bank Of Canada reaffirmed an "outperform" rating and issued a $510.00 target price on shares of S&P Global in a research note on Wednesday, August 26th. Eighteen analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus 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.

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