S&P Global Inc. $SPGI Holdings Lowered by Baillie Gifford & Co.

Key Points

• Baillie Gifford & Co. trimmed its stake in S&P Global by 4.7% in Q4, selling 35,627 shares and ending the period with 724,613 shares worth about $378.7 million (≈0.24% of the company).
• Q results and outlook: S&P Global reported EPS of $4.30 (missed by $0.02) and revenue of $3.92 billion (beat estimates, +9% YoY), set FY2026 EPS guidance of 19.400–19.650, and carries an average analyst price target of $558.80 with most analysts rating the stock a "Buy".
• Dividend increase: The company raised its quarterly dividend to $0.97 ($3.88 annualized), implying a ~0.9% yield and a payout ratio around 26.5%.

Baillie Gifford & Co. trimmed its stake in shares of S&P Global Inc. (NYSE:SPGI - Free Report) by 4.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 724,613 shares of the business services provider's stock after selling 35,627 shares during the period. Baillie Gifford & Co. owned about 0.24% of S&P Global worth $378,676,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of the stock. Vanguard Group Inc. lifted its holdings in shares of S&P Global by 0.5% during the third quarter. Vanguard Group Inc. now owns 30,256,638 shares of the business services provider's stock valued at $14,726,208,000 after purchasing an additional 161,719 shares during the last quarter. Wellington Management Group LLP lifted its holdings in shares of S&P Global by 4.6% during the third quarter. Wellington Management Group LLP now owns 6,231,644 shares of the business services provider's stock valued at $3,033,003,000 after purchasing an additional 274,285 shares during the last quarter. Legal & General Group Plc lifted its holdings in shares of S&P Global by 3.2% during the third quarter. Legal & General Group Plc now owns 2,202,872 shares of the business services provider's stock valued at $1,072,160,000 after purchasing an additional 67,868 shares during the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. lifted its holdings in shares of S&P Global by 7.1% during the third quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 1,965,082 shares of the business services provider's stock valued at $956,425,000 after purchasing an additional 130,177 shares during the last quarter. Finally, Unisphere Establishment lifted its holdings in shares of S&P Global by 5.9% during the second quarter. Unisphere Establishment now owns 1,800,000 shares of the business services provider's stock valued at $949,122,000 after purchasing an additional 100,000 shares during the last quarter. 87.17% of the stock is owned by hedge funds and other institutional investors.

S&P Global Stock Performance

Shares of SPGI stock opened at $415.66 on Monday. S&P Global Inc. has a 1-year low of $381.61 and a 1-year high of $579.05. The company has a current ratio of 0.82, a quick ratio of 0.82 and a debt-to-equity ratio of 0.40. The company has a market capitalization of $126.14 billion, a price-to-earnings ratio of 28.37, a P/E/G ratio of 1.84 and a beta of 1.20. The stock's fifty day simple moving average is $429.15 and its 200-day simple moving average is $477.85.

S&P Global (NYSE:SPGI - Get Free Report) last issued its quarterly earnings results on Tuesday, February 10th. The business services provider reported $4.30 earnings per share 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 analysts' expectations of $3.89 billion. S&P Global had a net margin of 29.16% and a return on equity of 16.56%. The business's quarterly revenue was up 9.0% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $3.77 EPS. S&P Global has set its FY 2026 guidance at 19.400-19.650 EPS. On average, sell-side analysts predict that S&P Global Inc. will post 17.11 earnings per share for the current fiscal year.

S&P Global Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, March 11th. Stockholders of record on Wednesday, February 25th were paid a dividend of $0.97 per share. This is a boost from S&P Global's previous quarterly dividend of $0.96. The ex-dividend date of this dividend was Wednesday, February 25th. This represents a $3.88 dividend on an annualized basis and a dividend yield of 0.9%. S&P Global's dividend payout ratio (DPR) is 26.48%.

Analysts Set New Price Targets

SPGI has been the subject of several analyst reports. Stifel Nicolaus reduced their target price on S&P Global from $599.00 to $489.00 and set a "buy" rating for the company in a report on Wednesday, February 11th. Mizuho lowered their price target on S&P Global from $657.00 to $551.00 and set an "outperform" rating on the stock in a report on Thursday, February 12th. Robert W. Baird set a $546.00 price target on S&P Global in a report on Wednesday, February 11th. Evercore set a $625.00 price target on S&P Global and gave the company an "outperform" rating in a report on Wednesday, February 11th. Finally, Barclays reiterated an "overweight" rating and set a $565.00 price target on shares of S&P Global in a report on Monday, February 23rd. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, S&P Global presently has an average rating of "Buy" and an average price target of $558.80.

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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