S&P Global Inc. $SPGI Shares Sold by UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC

Key Points

• UBS Asset Management reduced its S&P Global position by 2.2% in the second quarter, selling 64,082 shares and retaining 2.90 million shares worth approximately $1.18 billion. Institutional investors collectively own 87.17% of the company.
• S&P Global exceeded quarterly expectations, reporting $4.83 in EPS on $4.15 billion in revenue, with revenue rising 10.4% year over year. The company set fiscal 2026 EPS guidance at $17.50–$17.75.
• Analysts maintain a largely positive outlook, with 18 Buy ratings and a consensus target price of $523.59 versus the stock’s reported $442.62 price. S&P Global also declared a quarterly dividend of $0.97 per share, equivalent to a 0.9% yield.

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC reduced its position in shares of S&P Global Inc. (NYSE:SPGI - Free Report) by 2.2% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,899,509 shares of the business services provider's stock after selling 64,082 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned about 0.98% of S&P Global worth $1,180,854,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in SPGI. Rehmann Capital Advisory Group lifted its holdings in S&P Global by 1.2% in the 3rd quarter. Rehmann Capital Advisory Group now owns 1,925 shares of the business services provider's stock worth $937,000 after buying an additional 22 shares in the last quarter. Washington Trust Bank boosted its position in S&P Global by 1.2% in the 4th quarter. Washington Trust Bank now owns 1,888 shares of the business services provider's stock valued at $987,000 after buying an additional 23 shares during the last quarter. Hibernia Wealth Partners LLC grew its stake in shares of S&P Global by 3.3% during the first quarter. Hibernia Wealth Partners LLC now owns 754 shares of the business services provider's stock valued at $321,000 after acquiring an additional 24 shares in the last quarter. Prestige Wealth Management Group LLC grew its stake in shares of S&P Global by 2.8% during the fourth quarter. Prestige Wealth Management Group LLC now owns 946 shares of the business services provider's stock valued at $494,000 after acquiring an additional 26 shares in the last quarter. Finally, Legacy Wealth Asset Management LLC grew its stake in shares of S&P Global by 1.2% during the second quarter. Legacy Wealth Asset Management LLC now owns 2,272 shares of the business services provider's stock valued at $925,000 after acquiring an additional 26 shares in the last quarter. 87.17% of the stock is currently owned by hedge funds and other institutional investors.

S&P Global Price Performance

Shares of SPGI opened at $442.62 on Friday. The firm has a market cap of $130.48 billion, a price-to-earnings ratio of 27.02, a PEG ratio of 1.99 and a beta of 1.07. The stock has a 50 day moving average of $424.57 and a 200-day moving average of $424.29. The company has a current ratio of 0.95, a quick ratio of 0.95 and a debt-to-equity ratio of 0.40. S&P Global Inc. has a 52 week low of $381.61 and a 52 week high of $552.25.

S&P Global (NYSE:SPGI - Get Free Report) last posted its quarterly earnings results on Tuesday, July 28th. The business services provider reported $4.83 earnings per share (EPS) for the quarter, beating the consensus estimate 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 business had revenue of $4.15 billion for the quarter, compared to analyst estimates of $4.09 billion. During the same period in the prior year, the company posted $4.43 EPS. The business's revenue was up 10.4% compared to the same quarter last year. S&P Global has set its FY 2026 guidance at 17.500-17.750 EPS. As a group, analysts forecast that S&P Global Inc. will post 17.75 EPS for the current year.

S&P Global Announces Dividend

The business 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 $0.97 dividend. This represents a $3.88 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date is Wednesday, August 26th. S&P Global's payout ratio is presently 23.69%.

Analyst Upgrades and Downgrades

Several research analysts recently commented on SPGI shares. Wall Street Zen upgraded S&P Global to a "hold" rating in a research note on Saturday, July 4th. Mizuho raised their price objective on S&P Global from $551.00 to $554.00 and gave the company an "outperform" rating in a research note on Tuesday, May 5th. Barclays cut their target price on S&P Global from $555.00 to $553.00 and set an "overweight" rating on the stock in a research report on Wednesday, July 29th. JPMorgan Chase & Co. dropped their price target on shares of S&P Global from $555.00 to $530.00 and set an "overweight" rating for the company in a research note on Wednesday, July 29th. Finally, The Goldman Sachs Group decreased their price objective on shares of S&P Global from $539.00 to $490.00 and set a "buy" rating for the company in a 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, the stock has an average rating of "Moderate Buy" and a consensus target price of $523.59.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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