S&P Global Inc. $SPGI Shares Sold by M&T Bank Corp

Key Points

• M&T Bank Corp slashed its stake in S&P Global by 90.9% in Q4, selling 33,118 shares and leaving 3,324 shares valued at $1.737 million.
• S&P Global beat Q1 estimates with EPS $4.97 (vs. $4.82) and revenue $4.17B (vs. $4.08B), but issued FY‑2026 EPS guidance of 19.40–19.65—a modest trim that generated mixed market reaction despite the beat.
• Analysts remain largely positive (average rating "Buy" and mean target ≈ $549), and institutional investors own about 87.17% of the stock.

M&T Bank Corp decreased its position in shares of S&P Global Inc. (NYSE:SPGI - Free Report) by 90.9% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,324 shares of the business services provider's stock after selling 33,118 shares during the period. M&T Bank Corp's holdings in S&P Global were worth $1,737,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. J.Safra Asset Management Corp acquired a new position in S&P Global during the 3rd quarter worth about $29,000. First Pacific Financial lifted its stake in S&P Global by 51.0% during the 3rd quarter. First Pacific Financial now owns 74 shares of the business services provider's stock worth $36,000 after acquiring an additional 25 shares in the last quarter. Palisade Asset Management LLC acquired a new position in S&P Global during the 3rd quarter worth about $36,000. Ameriflex Group Inc. lifted its stake in S&P Global by 171.4% during the 3rd quarter. Ameriflex Group Inc. now owns 76 shares of the business services provider's stock worth $37,000 after acquiring an additional 48 shares in the last quarter. Finally, TruNorth Capital Management LLC lifted its stake in S&P Global by 937.5% during the 3rd quarter. TruNorth Capital Management LLC now owns 83 shares of the business services provider's stock worth $40,000 after acquiring an additional 75 shares in the last quarter. Institutional investors and hedge funds own 87.17% of the company's stock.

S&P Global Price Performance

SPGI stock opened at $433.75 on Wednesday. The company has a debt-to-equity ratio of 0.40, a current ratio of 0.82 and a quick ratio of 0.82. The firm has a market capitalization of $131.63 billion, a P/E ratio of 29.61, a P/E/G ratio of 1.96 and a beta of 1.20. The business's 50-day moving average is $429.80 and its two-hundred day moving average is $473.94. S&P Global Inc. has a 1 year low of $381.61 and a 1 year high of $579.05.

S&P Global (NYSE:SPGI - Get Free Report) last posted its quarterly earnings results on Tuesday, April 28th. The business services provider reported $4.97 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $4.82 by $0.15. The company had revenue of $4.17 billion for the quarter, compared to analyst estimates of $4.08 billion. S&P Global had a return on equity of 16.56% and a net margin of 29.16%.S&P Global's revenue for the quarter was up 10.4% compared to the same quarter last year. During the same quarter last year, the company earned $4.37 EPS. S&P Global has set its FY 2026 guidance at 19.400-19.650 EPS. Analysts anticipate that S&P Global Inc. will post 19.51 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several equities analysts recently issued reports on the company. Robert W. Baird set a $546.00 target price on S&P Global in a research note on Wednesday, February 11th. Mizuho decreased their target price on S&P Global from $657.00 to $551.00 and set an "outperform" rating on the stock in a research note on Thursday, February 12th. Weiss Ratings lowered S&P Global from a "buy (b-)" rating to a "hold (c+)" rating in a research note on Wednesday, March 11th. Bank of America assumed coverage on S&P Global in a research note on Tuesday, February 17th. They set a "buy" rating and a $575.00 target price on the stock. Finally, Evercore decreased their target price on S&P Global from $625.00 to $560.00 and set an "outperform" rating on the stock in a research note on Thursday, April 16th. One investment analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating and one has given a Hold rating to the company's stock. According to MarketBeat.com, the stock presently has an average rating of "Buy" and an average target price of $549.13.

Key Stories Impacting S&P Global

Here are the key news stories impacting S&P Global this week:

• Positive Sentiment: Q1 results beat expectations — EPS $4.97 and revenue $4.17B, each above consensus; management cited strength in Ratings, Indices and Market Intelligence, which supports near‑term earnings durability. S&P Global reports higher first-quarter profit
• Positive Sentiment: Jefferies raised its price target to $535 (buy), implying ~23% upside from current levels — a signal some institutional analysts see more upside after the quarter. Jefferies adjusts price target
• Positive Sentiment: Street commentary emphasizes SPGI as an AI/analytics beneficiary and a services‑sector “AI winner,” which supports a re‑rating thesis over time if subscription and analytics demand accelerates. S&P Global Sparks AI-Led Growth Story
• Neutral Sentiment: Company released Q1 materials, transcript and slides — useful for modeling segment detail (ratings growth, indices trends, Market Intelligence subscriptions) but not new by itself. Q1 press materials
• Negative Sentiment: FY‑2026 guidance was slightly trimmed/teed up: EPS guidance 19.40–19.65 vs. Street ~19.61 and revenue guide around $16.3–16.6B (near/just under consensus) — the modest miss/dispersion prompted some caution and may have triggered intraday profit‑taking. S&P Global Reports First Quarter Results
• Negative Sentiment: Mixed headlines on sales/consensus comparisons created short‑term headline noise (some outlets read the guide as a miss), which can amplify intraday volatility despite the beat. Article on sales expectations

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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