S&P Global Inc. $SPGI Shares Sold by Wealth Enhancement Advisory Services LLC

Key Points

• Wealth Enhancement Advisory Services LLC reduced its holdings in S&P Global by 6.6%, selling 6,285 shares to hold 88,899 shares valued at about $47.996 million at the end of the quarter.
• Large institutional activity included Norges Bank buying a new position worth roughly $2.19 billion and major stake increases from DZ BANK, TCI and Mizuho, leaving institutional investors and hedge funds with 87.17% ownership.
• S&P Global slightly missed EPS ($4.30 vs. $4.32 est.) while revenue rose 9% to $3.92 billion, the company set FY2026 guidance of 19.400–19.650 EPS and increased the quarterly dividend to $0.97 (annualized $3.88).

Wealth Enhancement Advisory Services LLC reduced its holdings in S&P Global Inc. (NYSE:SPGI - Free Report) by 6.6% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 88,899 shares of the business services provider's stock after selling 6,285 shares during the quarter. Wealth Enhancement Advisory Services LLC's holdings in S&P Global were worth $47,996,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the business. Norges Bank bought a new position in shares of S&P Global in the second quarter valued at $2,188,945,000. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main boosted its stake in shares of S&P Global by 3,430.6% during the 2nd quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 1,554,571 shares of the business services provider's stock worth $819,699,000 after acquiring an additional 1,510,540 shares in the last quarter. TCI Fund Management Ltd. boosted its stake in shares of S&P Global by 7.0% during the 2nd quarter. TCI Fund Management Ltd. now owns 11,091,623 shares of the business services provider's stock worth $5,848,502,000 after acquiring an additional 730,354 shares in the last quarter. Mizuho Markets Americas LLC grew its holdings in shares of S&P Global by 104,031.3% in the 3rd quarter. Mizuho Markets Americas LLC now owns 595,631 shares of the business services provider's stock worth $289,900,000 after acquiring an additional 595,059 shares during the last quarter. Finally, Credit Agricole S A acquired a new position in shares of S&P Global in the 3rd quarter worth $180,503,000. 87.17% of the stock is owned by institutional investors and hedge funds.

S&P Global Trading Up 1.0%

Shares of NYSE SPGI opened at $428.53 on Tuesday. The firm has a market capitalization of $128.05 billion, a PE ratio of 29.25, a PEG ratio of 1.88 and a beta of 1.23. S&P Global Inc. has a one year low of $381.61 and a one 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 business has a 50-day moving average price of $460.86 and a two-hundred day moving average price of $488.38.

S&P Global (NYSE:SPGI - Get Free Report) last posted its quarterly earnings results on Tuesday, February 10th. The business services provider reported $4.30 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $4.32 by ($0.02). S&P Global had a return on equity of 16.56% and a net margin of 29.16%.The company had revenue of $3.92 billion during the quarter, compared to analysts' expectations of $3.89 billion. During the same period last year, the company earned $3.77 earnings per share. S&P Global's revenue for the quarter was up 9.0% compared to the same quarter last year. S&P Global has set its FY 2026 guidance at 19.400-19.650 EPS. As a group, 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 business also recently declared a quarterly dividend, which was paid on Wednesday, March 11th. Stockholders of record on Wednesday, February 25th were issued a dividend of $0.97 per share. The ex-dividend date was Wednesday, February 25th. This represents a $3.88 annualized dividend and a dividend yield of 0.9%. This is an increase from S&P Global's previous quarterly dividend of $0.96. S&P Global's dividend payout ratio is presently 26.48%.

Analyst Ratings Changes

SPGI has been the subject of several analyst reports. Bank of America began coverage on S&P Global in a report on Tuesday, February 17th. They set a "buy" rating and a $575.00 target price for the company. Mizuho decreased their price target on S&P Global from $657.00 to $551.00 and set an "outperform" rating for the company in a research report on Thursday, February 12th. Barclays reissued an "overweight" rating and issued a $565.00 price target on shares of S&P Global in a research note on Monday, February 23rd. Stifel Nicolaus reduced their price objective on shares of S&P Global from $599.00 to $489.00 and set a "buy" rating for the company in a research note on Wednesday, February 11th. Finally, Morgan Stanley raised their target price on shares of S&P Global from $620.00 to $627.00 and gave the stock an "overweight" rating in a report on Tuesday, January 13th. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating and one has given a Hold rating to the company. According to MarketBeat, the stock has an average rating of "Buy" and an average target price of $563.53.

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.

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