State of Alaska Department of Revenue Lowers Holdings in S&P Global Inc. $SPGI

Key Points

• State of Alaska Department of Revenue cut its stake in S&P Global by 8.7% in Q4, selling 2,920 shares and now holding 30,804 shares valued at $16.10 million.
• S&P Global reported Q4 EPS of $4.30 (missed by $0.02) with revenue up 9% YoY to $3.92 billion, and issued FY2026 EPS guidance of 19.400–19.650.
• Analysts maintain an overall Buy consensus with an average target of $558.80, and the company raised its quarterly dividend to $0.97 (annualized $3.88, yield ~0.9%).

State of Alaska Department of Revenue decreased its stake in shares of S&P Global Inc. (NYSE:SPGI - Free Report) by 8.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 30,804 shares of the business services provider's stock after selling 2,920 shares during the quarter. State of Alaska Department of Revenue's holdings in S&P Global were worth $16,097,000 at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in the stock. Mizuho Markets Americas LLC raised its stake in shares of S&P Global by 104,031.3% in the third quarter. Mizuho Markets Americas LLC now owns 595,631 shares of the business services provider's stock worth $289,900,000 after purchasing an additional 595,059 shares during the last quarter. Credit Agricole S A purchased a new position in shares of S&P Global in the third quarter worth $180,503,000. Holocene Advisors LP raised its stake in shares of S&P Global by 79.8% in the third quarter. Holocene Advisors LP now owns 766,043 shares of the business services provider's stock worth $372,841,000 after purchasing an additional 339,947 shares during the last quarter. Wellington Management Group LLP raised its stake in shares of S&P Global by 4.6% in the third quarter. Wellington Management Group LLP now owns 6,231,644 shares of the business services provider's stock worth $3,033,003,000 after purchasing an additional 274,285 shares during the last quarter. Finally, Assenagon Asset Management S.A. raised its stake in shares of S&P Global by 95.4% in the third quarter. Assenagon Asset Management S.A. now owns 541,754 shares of the business services provider's stock worth $263,677,000 after purchasing an additional 264,473 shares during the last quarter. Hedge funds and other institutional investors own 87.17% of the company's stock.

S&P Global Stock Performance

NYSE:SPGI opened at $415.66 on Monday. The stock has a 50-day simple moving average of $429.15 and a two-hundred day simple moving average of $477.85. S&P Global Inc. has a 52-week low of $381.61 and a 52-week high of $579.05. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.82 and a current ratio of 0.82. The firm has a market capitalization of $126.14 billion, a PE ratio of 28.37, a P/E/G ratio of 1.84 and a beta of 1.20.

S&P Global (NYSE:SPGI - Get Free Report) last released its quarterly earnings results on Tuesday, February 10th. The business services provider reported $4.30 earnings per share (EPS) for the quarter, missing the consensus estimate of $4.32 by ($0.02). S&P Global had a net margin of 29.16% and a return on equity of 16.56%. The company had revenue of $3.92 billion for the quarter, compared to the consensus estimate of $3.89 billion. During the same period in the prior year, the firm posted $3.77 EPS. The business's revenue for the quarter was up 9.0% on a year-over-year basis. S&P Global has set its FY 2026 guidance at 19.400-19.650 EPS. Analysts forecast that S&P Global Inc. will post 17.11 EPS for the current year.

S&P Global Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, March 11th. Stockholders of record on Wednesday, February 25th were paid a $0.97 dividend. This represents a $3.88 dividend on an annualized basis and a dividend yield of 0.9%. This is a positive change from S&P Global's previous quarterly dividend of $0.96. The ex-dividend date of this dividend was Wednesday, February 25th. S&P Global's dividend payout ratio is currently 26.48%.

Analyst Ratings Changes

Several research analysts have recently weighed in on SPGI shares. Bank of America started coverage on S&P Global in a research note on Tuesday, February 17th. They issued a "buy" rating and a $575.00 price target for the company. Mizuho cut their price objective on S&P Global from $657.00 to $551.00 and set an "outperform" rating for the company in a report on Thursday, February 12th. Morgan Stanley cut their price objective on S&P Global from $580.00 to $556.00 and set an "overweight" rating for the company in a report on Tuesday, April 7th. Wells Fargo & Company cut their price objective on S&P Global from $675.00 to $530.00 and set an "overweight" rating for the company in a report on Wednesday, February 11th. Finally, UBS Group cut their price objective on S&P Global from $620.00 to $550.00 and set a "buy" rating for the company in a report on Tuesday, February 17th. One investment analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, S&P Global presently has an average rating of "Buy" and an average target price of $558.80.

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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