S&P Global Inc. $SPGI Position Lowered by HighTower Advisors LLC

Key Points

• HighTower Advisors cut its S&P Global position by 15.6% in the second quarter, selling 20,172 shares and retaining 108,930 shares valued at approximately $44.4 million. Institutional investors collectively own 87.17% of the stock.
• S&P Global exceeded quarterly expectations, reporting $4.83 in adjusted EPS and $4.15 billion in revenue, with revenue rising 10.4% year over year. The company maintained fiscal 2026 EPS guidance of $17.50–$17.75.
• The company declared a quarterly dividend of $0.97 per share, equal to a $3.88 annualized payout and a 0.9% yield. Analysts maintain a “Moderate Buy” consensus with an average price target of $523.59.

HighTower Advisors LLC trimmed its position in S&P Global Inc. (NYSE:SPGI - Free Report) by 15.6% in the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 108,930 shares of the business services provider's stock after selling 20,172 shares during the period. HighTower Advisors LLC's holdings in S&P Global were worth $44,363,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of SPGI. Palladiem LLC bought a new position in S&P Global during the 4th quarter worth approximately $36,000. Pingora Partners LLC bought a new stake in shares of S&P Global in the 2nd quarter valued at approximately $29,000. Palisade Asset Management LLC acquired a new stake in shares of S&P Global during the 3rd quarter valued at approximately $36,000. Swiss RE Ltd. acquired a new stake in shares of S&P Global during the 4th quarter valued at approximately $39,000. Finally, Lloyd Advisory Services LLC. bought a new position in S&P Global during the fourth quarter worth $44,000. 87.17% of the stock is owned by institutional investors.

S&P Global Price Performance

Shares of NYSE:SPGI opened at $443.30 on Tuesday. 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 one year low of $381.61 and a one year high of $552.25. The company has a market capitalization of $130.68 billion, a PE ratio of 27.06, a price-to-earnings-growth ratio of 2.14 and a beta of 1.07. The stock has a fifty day moving average of $428.99 and a 200-day moving average of $425.73.

S&P Global (NYSE:SPGI - Get Free Report) last issued its quarterly earnings results on Tuesday, July 28th. The business services provider reported $4.83 earnings per share for the quarter, topping analysts' consensus estimates of $4.81 by $0.02. S&P Global had a return on equity of 17.74% and a net margin of 31.37%.The firm had revenue of $4.15 billion for the quarter, compared to analysts' expectations of $4.09 billion. During the same quarter last year, the business posted $4.43 EPS. S&P Global's revenue was up 10.4% on a year-over-year basis. S&P Global has set its FY 2026 guidance at 17.500-17.750 EPS. As a group, equities analysts anticipate that S&P Global Inc. will post 17.75 EPS 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. Shareholders of record on Wednesday, August 26th will be paid a dividend of $0.97 per share. This represents a $3.88 annualized dividend and a yield of 0.9%. The ex-dividend date of this dividend is Wednesday, August 26th. S&P Global's payout ratio is 23.69%.

Analyst Ratings Changes

SPGI has been the subject of several recent research reports. Zacks Research lowered shares of S&P Global from a "hold" rating to a "strong sell" rating in a research note on Monday, July 20th. Barclays decreased their price target on shares of S&P Global from $555.00 to $553.00 and set an "overweight" rating for the company in a report on Wednesday, July 29th. Daiwa Securities Group lowered their price objective on shares of S&P Global from $490.00 to $485.00 and set an "outperform" rating for the company in a research report on Wednesday, May 20th. Wall Street Zen raised shares of S&P Global to a "hold" rating in a report on Saturday. Finally, Bank of America decreased their target price on S&P Global from $575.00 to $550.00 and set a "buy" rating for the company in a research note on Friday, July 10th. Eighteen research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average price target of $523.59.

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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