MASTERINVEST Kapitalanlage GmbH Purchases Shares of 7,659 S&P Global Inc. $SPGI

Key Points

• MASTERINVEST Kapitalanlage GmbH bought 7,659 shares of S&P Global in the second quarter, valued at approximately $3.12 million. Institutional investors collectively own 87.17% of the company.
• Analyst sentiment remains broadly positive, with 18 Buy ratings, one Hold and one Sell; the consensus rating is Moderate Buy with a $523.59 price target.
• S&P Global exceeded quarterly earnings and revenue expectations, reporting $4.83 in EPS and $4.15 billion in revenue, while revenue rose 10.4% year over year. The company also announced a quarterly dividend of $0.97 per share.

MASTERINVEST Kapitalanlage GmbH purchased a new position in S&P Global Inc. (NYSE:SPGI - Free Report) in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 7,659 shares of the business services provider's stock, valued at approximately $3,119,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Joseph Group Capital Management purchased a new position in shares of S&P Global in the fourth quarter valued at about $29,000. Pingora Partners LLC purchased a new stake in shares of S&P Global during the second quarter worth about $29,000. North Star Investment Management Corp. grew its position in shares of S&P Global by 134.6% during the fourth quarter. North Star Investment Management Corp. now owns 61 shares of the business services provider's stock worth $32,000 after purchasing an additional 35 shares in the last quarter. Palisade Asset Management LLC bought a new stake in S&P Global during the 3rd quarter valued at approximately $36,000. Finally, Palladiem LLC bought a new stake in S&P Global during the 4th quarter valued at approximately $36,000. 87.17% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several research firms have weighed in on SPGI. Zacks Research downgraded S&P Global from a "hold" rating to a "strong sell" rating in a research note on Monday, July 20th. Weiss Ratings reiterated a "hold (c)" rating on shares of S&P Global in a research report on Monday, July 6th. Barclays lowered their target price on shares of S&P Global from $555.00 to $553.00 and set an "overweight" rating on the stock in a report on Wednesday, July 29th. The Goldman Sachs Group lowered their target price on shares of S&P Global from $539.00 to $490.00 and set a "buy" rating on the stock in a report on Wednesday, July 1st. Finally, Robert W. Baird dropped their target price on shares of S&P Global from $521.00 to $513.00 and set an "outperform" 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 issued a Sell rating to the company's stock. According to MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target of $523.59.

S&P Global Trading Down 0.2%

Shares of SPGI opened at $435.73 on Friday. 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's fifty day moving average is $423.94 and its 200 day moving average is $424.16. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.95 and a current ratio of 0.95. S&P Global Inc. has a fifty-two week low of $381.61 and a fifty-two week high of $552.25.

S&P Global (NYSE:SPGI - Get Free Report) last released its quarterly earnings data on Tuesday, July 28th. The business services provider reported $4.83 EPS for the quarter, beating the consensus estimate 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 during the quarter, compared to analyst estimates of $4.09 billion. During the same quarter last year, the business earned $4.43 earnings per share. S&P Global's quarterly revenue was up 10.4% compared to the same quarter last year. S&P Global has set its FY 2026 guidance at 17.500-17.750 EPS. Sell-side analysts expect that S&P Global Inc. will post 17.75 earnings per share for the current fiscal year.

S&P Global Announces Dividend

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

S&P Global 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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