Kapitalo Investimentos Ltda Increases Stake in S&P Global Inc. $SPGI

Key Points

• Kapitalo Investimentos increased its S&P Global stake by 3,563.8% in the second quarter, ending with 27,295 shares valued at approximately $10.9 million. Institutional investors collectively own 87.17% of SPGI.
• Analysts remain broadly positive, with 18 Buy ratings and a consensus “Moderate Buy” rating. The average price target is $523.59, above the stock’s reported $433.18 opening price.
• S&P Global beat quarterly expectations with $4.83 in earnings per share and $4.15 billion in revenue, up 10.4% year over year. The company also declared a quarterly dividend of $0.97 per share, representing a 0.9% annualized yield.

Kapitalo Investimentos Ltda boosted its holdings in shares of S&P Global Inc. (NYSE:SPGI - Free Report) by 3,563.8% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 27,295 shares of the business services provider's stock after buying an additional 26,550 shares during the quarter. S&P Global accounts for 0.7% of Kapitalo Investimentos Ltda's investment portfolio, making the stock its 21st largest position. Kapitalo Investimentos Ltda's holdings in S&P Global were worth $10,907,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Rehmann Capital Advisory Group increased its position in shares of S&P Global by 1.2% during the third quarter. Rehmann Capital Advisory Group now owns 1,925 shares of the business services provider's stock worth $937,000 after acquiring an additional 22 shares during the period. Washington Trust Bank grew its stake in S&P Global by 1.2% during the 4th 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 in the last quarter. Hibernia Wealth Partners LLC grew its stake in S&P Global by 3.3% during the 1st quarter. Hibernia Wealth Partners LLC now owns 754 shares of the business services provider's stock worth $321,000 after purchasing an additional 24 shares in the last quarter. Conestoga Capital Advisors LLC increased its holdings in S&P Global by 1.7% during the 4th quarter. Conestoga Capital Advisors LLC now owns 1,521 shares of the business services provider's stock worth $795,000 after purchasing an additional 25 shares during the period. Finally, Chapin Davis Inc. increased its holdings in S&P Global by 1.9% during the 4th quarter. Chapin Davis Inc. now owns 1,389 shares of the business services provider's stock worth $726,000 after purchasing an additional 26 shares during the period. Hedge funds and other institutional investors own 87.17% of the company's stock.

Wall Street Analysts Forecast Growth

SPGI has been the subject of several recent research reports. Weiss Ratings reiterated a "hold (c)" rating on shares of S&P Global in a research note on Monday, July 6th. UBS Group cut their target price on shares of S&P Global from $550.00 to $525.00 and set a "buy" rating on the stock in a research note on Tuesday, July 7th. BMO Capital Markets lifted their price target on shares of S&P Global from $495.00 to $505.00 and gave the stock an "outperform" rating in a research note on Tuesday, July 7th. Stifel Nicolaus boosted their price target on shares of S&P Global from $489.00 to $521.00 and gave the stock a "buy" rating in a report on Friday, July 17th. Finally, Barclays decreased 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. Eighteen equities research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, S&P Global currently has an average rating of "Moderate Buy" and a consensus target price of $523.59.

S&P Global Stock Performance

NYSE:SPGI opened at $433.18 on Wednesday. The company has a debt-to-equity ratio of 0.40, a current ratio of 0.95 and a quick ratio of 0.95. The firm has a market cap of $127.70 billion, a price-to-earnings ratio of 26.45, a price-to-earnings-growth ratio of 1.96 and a beta of 1.07. The firm's fifty day moving average price is $423.07 and its 200 day moving average price is $424.29. S&P Global Inc. has a 1-year low of $381.61 and a 1-year high of $554.56.

S&P Global (NYSE:SPGI - Get Free Report) last announced its quarterly earnings data on Tuesday, July 28th. The business services provider reported $4.83 earnings per share for the quarter, beating analysts' consensus estimates of $4.81 by $0.02. The company 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 firm'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 EPS. S&P Global has set its FY 2026 guidance at 17.500-17.750 EPS. On average, sell-side analysts expect that S&P Global Inc. will post 17.75 EPS for the current year.

S&P Global Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, September 10th. Stockholders of record on Wednesday, August 26th will be paid a dividend of $0.97 per share. 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 payout ratio is 23.69%.

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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