Hudson Bay Capital Management LP Cuts Stock Position in S&P Global Inc. $SPGI

Key Points

• Hudson Bay Capital trimmed its stake in S&P Global by 84.3% in Q3, selling 20,282 shares and leaving 3,774 shares worth about $1.84 million.
• Wall Street sentiment is broadly positive with an average analyst rating of Buy and an average price target of $563.53, while the stock trades near $424.60 with a market cap of $126.9 billion and a P/E of ~29.
• S&P Global slightly missed EPS ( $4.30 vs. $4.32) but revenue rose 9% to $3.92 billion and it raised its quarterly dividend to $0.97 (annual $3.88, ~0.9% yield) while guiding FY2026 EPS to 19.400–19.650.

Hudson Bay Capital Management LP trimmed its holdings in shares of S&P Global Inc. (NYSE:SPGI - Free Report) by 84.3% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 3,774 shares of the business services provider's stock after selling 20,282 shares during the period. Hudson Bay Capital Management LP's holdings in S&P Global were worth $1,837,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. J.Safra Asset Management Corp purchased a new position in S&P Global in the third quarter valued at about $29,000. Howard Hughes Medical Institute purchased a new stake in shares of S&P Global in the second quarter worth about $36,000. First Pacific Financial boosted its position in shares of S&P Global by 51.0% in the third quarter. First Pacific Financial now owns 74 shares of the business services provider's stock worth $36,000 after buying an additional 25 shares during the period. Palisade Asset Management LLC acquired a new stake in shares of S&P Global in the third quarter valued at about $36,000. Finally, Ameriflex Group Inc. raised its holdings in shares of S&P Global by 171.4% during the 3rd quarter. Ameriflex Group Inc. now owns 76 shares of the business services provider's stock valued at $37,000 after buying an additional 48 shares during the period. 87.17% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on the company. Bank of America began coverage on S&P Global in a research report on Tuesday, February 17th. They set a "buy" rating and a $575.00 price target on the stock. Wells Fargo & Company lowered their price objective on shares of S&P Global from $675.00 to $530.00 and set an "overweight" rating for the company in a research report on Wednesday, February 11th. Robert W. Baird set a $546.00 target price on shares of S&P Global in a research report on Wednesday, February 11th. Stifel Nicolaus reduced their target price on shares of S&P Global from $599.00 to $489.00 and set a "buy" rating on the stock in a research report on Wednesday, February 11th. Finally, Morgan Stanley raised their price target on shares of S&P Global from $620.00 to $627.00 and gave the company an "overweight" rating in a report on Tuesday, January 13th. One analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of "Buy" and an average price target of $563.53.

S&P Global Stock Performance

S&P Global stock opened at $424.60 on Monday. The company has a market cap of $126.87 billion, a PE ratio of 28.98, a P/E/G ratio of 1.88 and a beta of 1.23. S&P Global Inc. has a 12 month low of $381.61 and a 12 month high of $579.05. The company has a fifty day moving average price of $463.18 and a two-hundred day moving average price of $489.17. The company has a debt-to-equity ratio of 0.40, a current ratio of 0.82 and a quick ratio of 0.82.

S&P Global (NYSE:SPGI - Get Free Report) last posted its quarterly earnings results on Tuesday, February 10th. The business services provider reported $4.30 earnings per share (EPS) for the quarter, missing analysts' consensus estimates 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 during the quarter, compared to the consensus estimate of $3.89 billion. During the same quarter in the previous year, the business posted $3.77 earnings per share. The company's quarterly revenue 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. Research analysts expect that S&P Global Inc. will post 17.11 earnings per share for the current year.

S&P Global Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, March 11th. Shareholders of record on Wednesday, February 25th were issued a $0.97 dividend. This is an increase from S&P Global's previous quarterly dividend of $0.96. This represents a $3.88 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date of this dividend was Wednesday, February 25th. S&P Global's dividend payout ratio is 26.48%.

About S&P Global

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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