S&P Global Inc. $SPGI Shares Sold by Benjamin Edwards Inc.

Key Points

• Benjamin Edwards Inc. cut its S&P Global position by 14.6% in the second quarter, selling 13,410 shares and retaining 78,506 shares valued at approximately $32.0 million. Institutional investors and hedge funds collectively own 87.17% of the stock.
• S&P Global reported quarterly EPS of $4.83 and revenue of $4.15 billion, exceeding analyst estimates; revenue increased 10.4% year over year. The company provided fiscal 2026 EPS guidance of $17.50–$17.75.
• The company declared a quarterly dividend of $0.97 per share, equivalent to an annualized $3.88 dividend and a 0.9% yield. Analysts maintain a “Moderate Buy” consensus, with an average price target of $523.59 versus the reported share price of $442.62.

Benjamin Edwards Inc. reduced its position in shares of S&P Global Inc. (NYSE:SPGI - Free Report) by 14.6% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 78,506 shares of the business services provider's stock after selling 13,410 shares during the period. Benjamin Edwards Inc.'s holdings in S&P Global were worth $31,985,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Dorsey Asset Management LLC acquired a new position in shares of S&P Global in the 1st quarter valued at $94,716,000. Troy Asset Management Ltd boosted its holdings in S&P Global by 26.2% in the 4th quarter. Troy Asset Management Ltd now owns 41,706 shares of the business services provider's stock valued at $21,795,000 after purchasing an additional 8,652 shares in the last quarter. Capital International Inc. CA boosted its stake in shares of S&P Global by 11.6% in the fourth quarter. Capital International Inc. CA now owns 70,716 shares of the business services provider's stock valued at $36,955,000 after buying an additional 7,343 shares in the last quarter. ABN Amro Investment Solutions grew its stake in shares of S&P Global by 6.3% during the 4th quarter. ABN Amro Investment Solutions now owns 151,284 shares of the business services provider's stock worth $79,060,000 after purchasing an additional 8,997 shares during the period. Finally, Rit Capital Partners PLC acquired a new position in S&P Global during the fourth quarter worth about $44,160,000. 87.17% of the stock is owned by institutional investors and hedge funds.

S&P Global Stock Up 1.7%

Shares of SPGI opened at $442.62 on Friday. The firm has a market cap of $130.48 billion, a PE ratio of 27.02, a price-to-earnings-growth ratio of 1.99 and a beta of 1.07. The company's fifty day moving average is $424.57 and its two-hundred day moving average is $424.29. S&P Global Inc. has a fifty-two week low of $381.61 and a fifty-two week high of $552.25. The company has a quick ratio of 0.95, a current ratio of 0.95 and a debt-to-equity ratio of 0.40.

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, topping analysts' consensus estimates of $4.81 by $0.02. The business had revenue of $4.15 billion during the quarter, compared to the consensus estimate of $4.09 billion. S&P Global had a return on equity of 17.74% and a net margin of 31.37%.The business's revenue for the quarter was up 10.4% on a year-over-year basis. During the same period in the prior year, the firm posted $4.43 EPS. S&P Global has set its FY 2026 guidance at 17.500-17.750 EPS. Analysts forecast that S&P Global Inc. will post 17.75 earnings per share for the current year.

S&P Global Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 10th. Stockholders of record on Wednesday, August 26th will be issued a $0.97 dividend. This represents a $3.88 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date is Wednesday, August 26th. S&P Global's dividend payout ratio (DPR) is 23.69%.

Analysts Set New Price Targets

A number of research analysts have recently weighed in on SPGI shares. Daiwa Securities Group dropped their price target on 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. Barclays reduced their price target 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. Bank of America lowered their price target on shares of S&P Global from $575.00 to $550.00 and set a "buy" rating on the stock in a research report on Friday, July 10th. Mizuho increased their target price on S&P Global from $551.00 to $554.00 and gave the company an "outperform" rating in a report on Tuesday, May 5th. Finally, The Goldman Sachs Group dropped their price target on S&P Global from $539.00 to $490.00 and set a "buy" rating for the company in a research report on Wednesday, July 1st. Eighteen equities research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average target price of $523.59.

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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