Squarepoint Ops LLC Sells 63,680 Shares of S&P Global Inc. $SPGI

Key Points

• Squarepoint Ops LLC cut its S&P Global stake by 56.8% in the second quarter, selling 63,680 shares and retaining 48,351 shares valued at approximately $19.7 million. Institutional investors collectively own 87.17% of the company.
• S&P Global reported quarterly EPS of $4.83, narrowly exceeding estimates, while revenue rose 10.4% year over year to $4.15 billion. The company reaffirmed fiscal 2026 EPS guidance of $17.50–$17.75.
• The stock opened at $418.95, down 2.4%, while analysts maintained a consensus “Moderate Buy” rating with an average price target of $523.59. S&P Global also declared a quarterly dividend of $0.97 per share.

Squarepoint Ops LLC reduced its stake in shares of S&P Global Inc. (NYSE:SPGI - Free Report) by 56.8% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 48,351 shares of the business services provider's stock after selling 63,680 shares during the quarter. Squarepoint Ops LLC's holdings in S&P Global were worth $19,691,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of SPGI. Palladiem LLC acquired a new stake in S&P Global during the fourth quarter worth about $36,000. Pingora Partners LLC acquired a new position in shares of S&P Global in the 2nd quarter valued at approximately $29,000. Palisade Asset Management LLC acquired a new position in shares of S&P Global in the 3rd quarter valued at approximately $36,000. Swiss RE Ltd. acquired a new position in shares of S&P Global in the 4th quarter valued at approximately $39,000. Finally, Lloyd Advisory Services LLC. bought a new stake in shares of S&P Global during the 4th quarter worth approximately $44,000. Institutional investors own 87.17% of the company's stock.

S&P Global Trading Down 2.4%

Shares of S&P Global stock opened at $418.95 on Thursday. The firm has a market capitalization of $123.51 billion, a PE ratio of 25.58, a price-to-earnings-growth ratio of 2.07 and a beta of 1.07. The company has a current ratio of 0.95, a quick ratio of 0.95 and a debt-to-equity ratio of 0.40. The firm's 50 day moving average is $429.49 and its 200 day moving average is $425.82. S&P Global Inc. has a 1 year low of $381.61 and a 1 year high of $552.25.

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 earnings per share (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 analysts' expectations of $4.09 billion. S&P Global had a net margin of 31.37% and a return on equity of 17.74%. The firm's quarterly revenue was up 10.4% compared to the same quarter last year. During the same period in the prior year, the company earned $4.43 EPS. S&P Global has set its FY 2026 guidance at 17.500-17.750 EPS. Equities research analysts forecast that S&P Global Inc. will post 17.75 earnings per share for the current fiscal year.

S&P Global Dividend Announcement

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

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on the stock. Weiss Ratings reiterated a "hold (c)" rating on shares of S&P Global in a research report on Monday, July 6th. Morgan Stanley lowered their price objective on shares of S&P Global from $557.00 to $525.00 and set an "overweight" rating for the company in a research report on Tuesday, July 7th. Wall Street Zen upgraded S&P Global to a "hold" rating in a research note on Saturday, September 5th. Rothschild & Co Redburn reduced their target price on S&P Global from $540.00 to $520.00 and set a "buy" rating on the stock in a report on Thursday, June 18th. Finally, Royal Bank Of Canada reiterated an "outperform" rating and issued a $510.00 price target on shares of S&P Global in a research note on Wednesday, August 26th. Eighteen equities 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 stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $523.59.

S&P Global Profile

S&P Global Inc NYSE: SPGI provides financial information, analytics, benchmarks and credit ratings to businesses, governments and investors worldwide. Its services are used to evaluate credit risk, analyze markets, value assets, assess commodities and support investment and business decisions.

The company operates through businesses that include S&P Global Ratings, which provides credit ratings and related research; S&P Global Market Intelligence, which delivers financial and industry data, analytics and workflow tools; S&P Global Commodity Insights, which supplies information and pricing assessments for energy and commodity markets; and S&P Dow Jones Indices, which develops and maintains market indexes such as the S&P 500.

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