Rathbones Group PLC Has $304.06 Million Position in S&P Global Inc. $SPGI

Key Points

• Rathbones Group boosted its stake in S&P Global by 1.9% to 624,719 shares worth about $304.06 million, making SPGI its 16th-largest holding.
• S&P Global reported Q EPS of $4.30 (vs. $4.32 expected) with revenue of $3.92B, set FY2026 guidance of 19.40–19.65 EPS, and raised its quarterly dividend to $0.97 (annualized $3.88, ~0.9% yield).
• Significant institutional moves: institutional ownership is 87.17%, with Norges Bank buying a new ~$2.19 billion stake and large increases from TCI, DZ Bank and Mizuho among others.

Rathbones Group PLC boosted its holdings in S&P Global Inc. (NYSE:SPGI - Free Report) by 1.9% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 624,719 shares of the business services provider's stock after purchasing an additional 11,800 shares during the quarter. S&P Global comprises 1.2% of Rathbones Group PLC's holdings, making the stock its 16th largest holding. Rathbones Group PLC owned 0.21% of S&P Global worth $304,057,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Norges Bank bought a new stake in shares of S&P Global during the second quarter worth about $2,188,945,000. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main boosted its stake in S&P Global by 3,430.6% in the second quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 1,554,571 shares of the business services provider's stock valued at $819,699,000 after acquiring an additional 1,510,540 shares during the last quarter. TCI Fund Management Ltd. lifted its stake in S&P Global by 7.0% in the second quarter. TCI Fund Management Ltd. now owns 11,091,623 shares of the business services provider's stock valued at $5,848,502,000 after purchasing an additional 730,354 shares during the last quarter. Mizuho Markets Americas LLC lifted its stake in shares of S&P Global by 104,031.3% during the 3rd quarter. Mizuho Markets Americas LLC now owns 595,631 shares of the business services provider's stock valued at $289,900,000 after buying an additional 595,059 shares in the last quarter. Finally, ABN AMRO Bank N.V. bought a new position in shares of S&P Global in the second quarter worth $310,348,000. Institutional investors own 87.17% of the company's stock.

S&P Global Trading Up 0.3%

Shares of SPGI stock opened at $452.52 on Friday. The company has a market cap of $135.21 billion, a PE ratio of 30.89, a price-to-earnings-growth ratio of 2.00 and a beta of 1.23. The stock's 50 day simple moving average is $483.57 and its two-hundred day simple moving average is $498.01. S&P Global Inc. has a 1 year low of $381.61 and a 1 year high of $579.05. 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 released its earnings results on Tuesday, February 10th. The business services provider reported $4.30 EPS for the quarter, missing analysts' consensus estimates of $4.32 by ($0.02). The business had revenue of $3.92 billion for the quarter, compared to the consensus estimate of $3.89 billion. S&P Global had a net margin of 29.16% and a return on equity of 16.56%. The company's quarterly revenue was up 9.0% compared to the same quarter last year. During the same period in the prior year, the company posted $3.77 EPS. S&P Global has set its FY 2026 guidance at 19.400-19.650 EPS. Research analysts predict that S&P Global Inc. will post 17.11 earnings per share for the current year.

S&P Global Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, March 11th. Shareholders of record on Wednesday, February 25th will be paid a $0.97 dividend. This represents a $3.88 annualized dividend and a yield of 0.9%. This is a boost from S&P Global's previous quarterly dividend of $0.96. The ex-dividend date is Wednesday, February 25th. S&P Global's payout ratio is presently 26.48%.

Analyst Ratings Changes

A number of equities research analysts have weighed in on SPGI shares. UBS Group lowered their price target on S&P Global from $620.00 to $550.00 and set a "buy" rating on the stock in a research report on Tuesday, February 17th. Royal Bank Of Canada reduced their price target on S&P Global from $620.00 to $560.00 and set an "outperform" rating on the stock in a research note on Wednesday, February 11th. Bank of America assumed coverage on shares of S&P Global in a research note on Tuesday, February 17th. They set a "buy" rating and a $575.00 target price for the company. The Goldman Sachs Group set a $498.00 target price on shares of S&P Global in a research note on Wednesday, February 11th. Finally, Mizuho lowered their price objective on shares of S&P Global from $657.00 to $551.00 and set an "outperform" rating on the stock in a research report on Thursday, February 12th. One equities research analyst has rated the stock with a Strong Buy rating and seventeen have given a Buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of "Buy" and a consensus price target of $562.67.

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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